GeorgeC1 said:
When you run the numbers make sure you can live with 45% of the purchase price on the boat for resale. Used charter boats are a commodity and after commissions netting only 45% is a realistic number.
Yes, if you're buying a new boat to place in charter and plan to sell it in 5 years. The other way to go is pay 45-55% for someone's 5 year old boat. Then you're on the favorable side of the depreciation curve. These can still be placed into charter with the smaller outfits you're considering, especially if you buy it from one of their owners.
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