Man, that boat is quoted in the add to have had a 2003 new value (buying price) of 32.000 Euro's ; it is now after 2 seasons of sailing on offer for 14.750 Euro = 46 % of 2003 new price. That was 8500,- euro devaluation (over 25%) per season !
That is one way to get rid of some excess money !
Simply amazing that some owners can accept such a drain on their resources. Yeah I say that this is a bargain price for that M20.
Wouter