Thanks to all for the useful confirmation of boat-ownership economics/mathematics. Allow me to summarize the lesson:
Buy the boat for X or even 2X (it doesn't matter), spend Y (where Y>>2X), then sell for X/2 (or less, it doesn't matter). I really hope not to have to sell as I really have enjoyed sailing my C&C for the past 10 years and selling it would mean that I would have to search for a replacement. David
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