Robih
Well-known member
I’ve just sold my boat after sixteen years of ownership. Interestingly she’s sold for 94% of what I paid for her in 2004. Total depreciation £8k. So, £500 per annum depreciation. Not bad. That ignores money inflation of course and is a simplistic view as it ignores the cost of capital but nonetheless I have no room for complaint. We’ve had a fantastic return on capital in fun. Priceless.