INTRODUCTION Has there ever been a better time in history to buy a boat, at least from the perspective of the potential used boat buyer? The reason for this is that there are simply so many used boats available to choose from today. Boat construction underwent major changes in the 1960's, specifically the introduction of fiberglass into the process. This resulted in mass production of every type of boat, from small boats to cruising yachts. Fiberglass construction has made boat ownership possible for more people, and the durability of fiberglass means that the used boat market is now flooded with used fiberglass boats. Another advantage of buying a used boat versus a new boat is that the price of a used boat can be considerably less than a new boat. This is due to the fact that the previous owner has already absorbed the biggest portion of the depreciation cycle. Depreciation on new boats is at its highest during the first season of use. However, depreciation on a used boat kept in good condition should level out with proper care and maintenance. The purpo......

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