GOOD CALL Joe - Boats are a liability not an asset - After I sold WIND QUEST I did some pencil scratchings "cost of ownership" - After all the money I put into it over the years, and the 50% loss between what I paid in 1984 and the sale price in 2007 - then add in what it would have cost to RENT/Charter a boat for the same estimated hours of use - I was cash in the bank without counting the number of therapist visits I would have had to pay for had it not been for countless hours of peace & quiet on Lake Erie - I actually came out about 30% (based on purchase price) ahead after all costs were considered ( including 5 gallons of gas a year and insurance) ... capt.bill P/O WindQuest #448 T.R.
--- On Thu, 2/25/10, Joe McCary <[email protected]> wrote: From: Joe McCary <[email protected]> Subject: RE: [IC27A] Re:C27 Value To: [email protected] Date: Thursday, February 25, 2010, 11:54 AM If you look at the purchase of a boat as a business decision you will charter and not own. For me, I own a boat because it is part of my passion for sailing. I get the dollars invested back in the form of pleasure that comes as I own and sail not when I sell. Joe McCary Aeolus II. #4795, West River, MD www.aeoluswestriver .net joe at photoresponse dot com From: ic...@yahoogroups. com [mailto:ic...@yahoogroups. com] On Behalf Of Sneddon, Keith - ES/IS Sent: Thursday, February 25, 2010 10:29 AM To: 'ic...@yahoogroups. com' Subject: RE: [IC27A] Re:C27 Value Has anybody on this list ever bought a boat, put money in it, sold the boat, and gotten all that money back? (besides you, Chef Yaz) "A boat is a hole in the water, into which one pours money" Keith Sneddon #4760, "Am I Poor Yet?" ____________ _________ _________ __ From: ic...@yahoogroups. com <mailto:IC27A% 40yahoogroups. com> [mailto:ic...@yahoogroups. com <mailto:IC27A% 40yahoogroups. com> ] On Behalf Of M.McCombs Sent: Thursday, February 25, 2010 10:17 AM To: ic...@yahoogroups. com <mailto:IC27A% 40yahoogroups. com> Subject: [IC27A] Re:C27 Value Don't cut yourself low! I'm getting ready to sell mine, as well, and I'm running into this problem. In my area people are asking too little to sell they're C27's, so I have to lower the price on mine to be "reasonable. " The problem is I've dumped $10k into it since I bought it, so if I drop down below that I'm losing money. Go for what you can get, $12k sounds like a good starting point. If you start lower than that you're not just short-changing yourself, but others in the area trying to sell they're boats, too. Just my $.02. Mike "Legacy" [Non-text portions of this message have been removed] ____________ _________ _________ __ This e-mail and any files transmitted with it may be proprietary and are intended solely for the use of the individual or entity to whom they are addressed. If you have received this e-mail in error please notify the sender. Please note that any views or opinions presented in this e-mail are solely those of the author and do not necessarily represent those of ITT Corporation. The recipient should check this e-mail and any attachments for the presence of viruses. ITT accepts no liability for any damage caused by any virus transmitted by this e-mail. [Non-text portions of this message have been removed] __________ Information from ESET NOD32 Antivirus, version of virus signature database 4893 (20100224) __________ The message was checked by ESET NOD32 Antivirus. http://www.eset. com __________ Information from ESET NOD32 Antivirus, version of virus signature database 4893 (20100224) __________ The message was checked by ESET NOD32 Antivirus. http://www.eset. com __________ Information from ESET NOD32 Antivirus, version of virus signature database 4895 (20100225) __________ The message was checked by ESET NOD32 Antivirus. http://www.eset. com [Non-text portions of this message have been removed] [Non-text portions of this message have been removed]
