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How do I decide whether to buy a new boat or buy a used boat? What are the advantages and disadvantages of each?

April 26, 2017advantages boat buy decide disadvantages Used

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How do I decide whether to buy a new boat or buy a used boat? What are the advantages and disadvantages of each?

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As with a car, the greatest depreciation of the value of a boat occurs within the first year. Therefore, a used boat generally retains its value to a greater extent than a new one.