Buying a boat is sometimes referred to as an investment. I believe that’s true, at least in the emotional sense. There are many unique experiences to be had while navigating the local waterways. Many boaters get a great deal of satisfaction from their time on the water. That said, financially speaking, most boat purchases, particularly new boats, are poor financial investments. Depreciation alone, as with cars, can knock the sales value down 10-15% or more annually. And, then there are the other expenses shared by new and used boat purchasers both, such as: insurance, storage, maintenance, fuel, repairs, etc. [...]