Boats?

[p4ulo]

If you're fairly close to the sea, buying a fixer-upper little day sailing boat might be a nice little investment, and you can tow it to launch for free in most coastal areas. That's how my family started and when I can afford it I think I'd like to try.
Is there anywhere near you you could hire a boat for a day / afternoon for a little fanny about in it before you buy??

 

[Dan]

Oh yeah I'll have a bash at hiring one beforehand mate. I don't think I have time to fix one up though.

 

[mike1979]

Sold ours a few months back

 

[p4ulo]

Oh that's lovely @mike1979. Do they hold their value well, I imagine they always fetch the same amount of money, or appreciate in value?

 

[Dan]

I'd imagine appreciate over enough time it's hard to find new ones. Rented a few over the years. Love them.

Rented a VW California the other week for a festival and the lack of space was a nightmare. Everything in there had 2 or 3 uses so to use the sink you had to remove the shelf above it and all the stuff. To use the bed you'd have to empty the boot.

 

[mike1979]

They don't when you buy it new it cost 60 grand and sold it for 34 thou but it probably will hold it's value now

 

[Dan]

They always say a grand a foot. How come you did get the 60 back?!?!

 

[mike1979]

Ye it's a 58" trad stern it needed to be sold ASAP for health and personal reasons it did

 

[p4ulo]

Same with my parents sailing boat @mike1979. They spent 10 + years building it, sailed it when the property boom was in full swing, when they sold it they lost about half its value! Gutted cos they saw it as a fairly safe investment when times were good.....
Toys are the first to suffer I suppose! Very nice though.

 

[Dan]

Ye it's a 58" trad stern it needed to be sold ASAP for health and personal reasons it did

That's surely worth 60 still. I've looked at many over the last few years and I've never seen one that cheap mate. Real shame.

Bet you had some good times on that too eh?