I would say go for it, but with a big caveat. You need to be able to find someone as Pascal indicated to start the boat up a couple of times a month and also to scrape barnacles off the boat. If you can get a lift, it will probably cost around $10K, if you can find someone to do it in your area. So, the cost of the boat almost pales in comparison to what you will pay to maintain the aforementioned boat. But what you don't want, is to go there on your one weekend every two months and have it not work right. So, you have to pay one way or another. I prefer to pay and use the boat, rather than pay someone else to make sure the boat is ready to use, but that's just me. If you have the financing to take care of the maintenance so that the boat is ready when you are, then go for it. As Ken said, there is little risk, ie you will be able to sell it in a year for a grand less than you are paying.