Posts: 13688
Location: minocqua, wi. | i have a '94 Ranger 690 with a 2013 Mercury Pro-XS that will debunk your theory ... and many, many more than me either have them already or are trying desperately to find one.
more than one way to skin a cat ...
like i said, there are some boats that you can sell in an afternoon (tuffy esox ltd or magnum, ranger 681/690/692 and a few others).
if you are smart and patient you can move your way into a sweet ride ... or sit underneath an upside down loan wanting something else the rest of your life.
it took me 7 years to get to this using the Esox Mag (i'd still take that boat in a second) as the seed and lost a total of $200 dollars of equity moving to it with a total now of $20k invested and could sell it in 2 days and spend maybe $2-3k in depreciation over that period of time. do that buying new and trading into new and let me know how it works.
you can build your way into a dream boat without dumping money on interest and depreciation and fish like a king while doing it. in my case there isn't a new boat built that would take me out of what i have sans maybe a lund predator or a pro-guide and that would cost me another $20k and not do anything more than what i have. if i bought a 619 or 620 that's $40k over what is basically new, paid for in full, runs 54mph and can cover any piece of water a new one would in spades.
if you get a chance go to Facebook and check out how many are doing this very thing successfully. https://www.facebook.com/groups/264687296955692/
Edited by jonnysled 9/2/2015 2:13 PM
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