Re: Depreciation question

["geneandlizadams" <geneandlizadams@xxxxxxxxxx>]

Maureen

Your boat is to the point that it should not depreciate. The value should be stable as long as it is kept in good condition.

Gene Adams

----- Original Message -----

From: mlarsonassoc

To: Sanjuan23@xxxxxxxxxxxxxxxxxxxxx

Sent: Friday, April 19, 2002 9:02 AM

Subject: Depreciation question

Dear Fellow SJ enthusiasts:

 

Does anyone have an opinion regarding an estimated % of depreciation for our boat?  Mine is very dry, just hauled last year so is in great shape.  I  am trying to figure out what to expect in the decrease in value each year.

 

Thanks for your opinions in advance!

 

Maureen Larson

Sass.sea.babe