What is my equity position at the end of the SailTime commitment?
Residual values will always vary with the market place. SailTime only choose manufacturers that we feel will have better than average residuals. Depreciation is always greatest in years 1 and 2, declining in year 3. By year 5, depreciation has flattened with very little further depreciation for a well-maintained powerboat. SailTime pays much of your depreciation off through capital repayment of your mortgage. When all the other ownership costs like berthing, insurance and maintenance are taken into account you are streets ahead!
