Its gone

[DepSol]

Yup the boat has now been sold. Who ever said that boating was like going in the shower and throwing £20 notes around lied. After 4 years I have got nearly all my money back except for a few quid and the running costs.

Add to this that when I bought the boat I took the difference in sale value from my part exchange and added it to the mortgage which meant I crept into the next rate bracket that brought the rate down by 1.5% ie enough to pay what I would have been paying ont the boat if I had kept to the same mortgage provider plus we still get mortgage relief of 20% on the interest you pay (in Guernsey) so over four years means that the boat has really cost me nothing, in fact I have made money. Now if I can only work the system again for a nice new 35 footer /forums/images/icons/smile.gif

I am looking for a Fairline Targa 33 or 35 in the meantime before I decide again on what new boat I would like.

<hr width=100% size=1>Dom

<A target="_blank" HREF=http://www.soltron.co.uk>the website</A>
MMS - Discount Chandlery

 

[ccscott49]

Good man, just got to sell my boat now!

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[Dave_Snelson]

Hey Colin - how come you're selling Englander? I thought she was your home?

<hr width=100% size=1>Madoc Yacht Club
<A target="_blank" HREF=http://www.madocyachtclub.co.uk>http://www.madocyachtclub.co.uk</A>

 

[jfm]

Grrr dont remind us of Gsy tax rules Dom. If I recall, you guys even get tax relief on overdraft interest?!

I dont understand your last sentence. You wanna buy a 35footer to tide you over until you decide what boat you actually want?

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[DepSol]

I would like to get a second hand 1992 onwards, targa 33 or 35 with Kad 42s in until I decide what new boat we would like to have. It might be that once we have had a 35 footer for a while we might want something a little bigger when it comes to the new decision.

Time will tell.

<hr width=100% size=1>Dom

<A target="_blank" HREF=http://www.soltron.co.uk>the website</A>
MMS - Discount Chandlery