And what of the olympic campaign teams that loose all that value in their boats? A lot of that cost differential is paid by them...making it more difficult to realize their dreams.
Also, after you pick up that $10k boat...its value will drop heavily so you'll loose out when it comes time to sell.
Mike,
Yes, boats lose value and depreciate. so do cars and bikes and everything else i purchase. I was simply stating there are pros and cons to the possibility of the market having more, lower cost boats.
This could trickle down and create more lower end boats available, lower values and allow new people to enter the sport.
Of course this effects you, a Tornado owner negativly and me a possible Tornado purchaser (in a few years positively).
There is no doubt the laws of supply and demand come into effect and these have both positive and negative effects on different parties.
PS i personally contribute to these guys (olympic cat sailors) by purchasing their used gear and helping them recoup their expenses.
