Big Boat, Big Depreciation

I recently came across a 60-foot motor yacht that, after two years with its first owner, was now listed at a brokerage. The broker mentioned that its asking price of \$2.8m CAD was quite a deal, being a $1.5m savings versus the boat's original cost, while having only 200 hours on its twin Volvo IPS powertrains and being virtually pristine inside and out.


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