OK volvo experts

[Whitelighter]

I'd be proper Pi55ed off if the boat I'd bought turned out to be 3 years older than I was lead to believe.
At 5% depreciation per year that, (which is the way I look at depreciation - rightly or wrongly). I'd be knocking on someone's door asking for my palms to be lined with silver!

So I can get a 20 year boat for almost nothing then?

 

[Thepipdoc]

So I can get a 20 year boat for almost nothing then?

Rightly or wrongly!!
It's right for me.

 

[John100156]

I agree with Whitelighter, I would not buy a boat if it was advertised 3 years newer than it actually was unless the price was right for the HIN. What if I wanted to PX or upgrade it, I can just see the salesmans face now, well it's 2001 on the Certificate but trust me it's a 2004 boat really.....

When I bought my F43 it was a bit scruffy, I think the owner had given up and was really eager to sell, which suited me just fine, it cleaned up a treat and I'm delighted with it and got it for a really good price thanks to Renegade Master...... Wonder how his jet boat is going....?

Only problem is, I can't get out to it again until Mid-September, due to work commitments, what a pain....

 

[volvopaul]

I'd say elessar has bought a sealine 390 as they had the shaft drive 306 hp volvos, which was then created into the 410 and f43 and bowed out of production around 2008.

 

[Whitelighter]

Rightly or wrongly!!
It's right for me.

Can't wait for your 410 to hit 20 then. I've always liked em and I am sure there is some change down the back of the sofa.

 

[Thepipdoc]

Can't wait for your 410 to hit 20 then. I've always liked em and I am sure there is some change down the back of the sofa.

Z z z z z..... bored!

 

[Whitelighter]

I didn't think you'd run out or argument that quickly.

Or do you only apply your 'rule' when buying?

 

[jimmy_the_builder]

Z z z z z..... bored!

I didn't think you'd run out or argument that quickly.

Or do you only apply your 'rule' when buying?

Now, now, boys ..... play nice!

Cheers
Jimmy

 

[martynwhiteley]

Me thinks someone doesn't understand the concept of compounded interest rates!

At 5 percent pa it would take an infinate number of years to become worth coppers.

I can't be botheref to calculate it accurately but 5 pc pa for 20 years would see a 100K boat be worth about 35K in 20 years.

About right enough for me also

 

[Whitelighter]

I do understand compound interest, but since PD suggested knocking off 5% for each year the OPs boat was older I just ran with that.