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Re: Depreciation question

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 -----
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

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