I bought an old boat in Amsterdam (3000€), did some reparations (500€), replaced the engine (1500€), paid the local tax (600€ x 3years).
I had fun with it. No regrets.
Then I was moving back to my country, I couldn’t find a buyer… so I lowered the price to 1500€.
You were great, old boat. But not a great investment.
Vehicles are notoriously not investments except for some incredibly exceptional cases. Glad you enjoyed your time with it. That’s the best you can hope for.
I bought an old boat in Amsterdam (3000€), did some reparations (500€), replaced the engine (1500€), paid the local tax (600€ x 3years). I had fun with it. No regrets. Then I was moving back to my country, I couldn’t find a buyer… so I lowered the price to 1500€.
You were great, old boat. But not a great investment.
I once asked my dad if he’d ever buy a boat. He asked me why he would want to buy “a hole in the water to throw money into.”
I heard this 1000 times, together with “the two best moments in the life of a boat owner are the day you buy it, and the day you sell it”
AND don’t forget that B.O.A.T. is actually an acronym for ‘break out another thousand.’
Vehicles are notoriously not investments except for some incredibly exceptional cases. Glad you enjoyed your time with it. That’s the best you can hope for.