new boat depreciation question

Quigley

Member
exMember
Joined
Jul 9, 2001
RO Number
5256
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77
Toying with the idea of a new boat. And looking for thoughts.

Trade-in offer for my present boat is about $10k more then what I might get selling it privately. Trying to get some thoughts on the +'s and -"s on trade in. (Owe a little less then the trade in offer).

What is the depreciation of a new boat initially and over say a 5 year time frame?

Thanks,

Pete
 
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