Originally Posted by Tim in Yorkshire
Out of interest how does RIB depreciation usually go? I guess over the first few years it depends on age, and the shifts to condition, any rough rules of thumb out there?
Your assumption is probably bang on the money. It's certainly not a rule across all boats, but:
Deduct 10% per annum.
After year 5-6, condition is King
Looking at used boat ads, you'd swear the things rose in value. However, you'll find the same ads sitting for months and sometimes years.