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Message: <blockquote data-quote="Shoot Summ" data-source="post: 2119867" data-attributes="member: 1055">Man, a lot of boat haters...I bought a brand new boat in 1998, $22K, we've had some incredible times on the boat, lots of memories, now we are taking our grandkids out for more fun and memories.  15 years later it is still in great shape, and worth about 1/2 of what I paid for it, not a bad residual value IMO.  The issue is most boats get neglected so buying used is a crap shoot, for me buying new was the way to go.  And as others stated, make sure you figure in all of the other expenses, storage, winterizing, maintenance, covers, tops, toys, etc...Our boat last summer, 1998 Fourwinns 20'.<img src="https://www.okshooters.com/data/MetaMirrorCache/i576.photobucket.com_albums_ss208_havsummfun_boat_zpsd6e8ddae.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></blockquote>