In the first sixty years or so of the Industrial Revolution, working-class people had little time or opportunity for recreation. Workers spent all the light of day at work and came home with little energy, space, or light to play sports or games.
Assuming that new boat prices stayed completely steady with no variations for exchange rates and inflation a boat will very roughly depreciate as follows: Year 1 20% (maybe just over) Year 2 another 5% to 10% Year 3 another 5% to 7% And then about 5% year on year.f you bought a new boat today, what would the depreciation value be over 5/10/15/20 years if it was 200k today. Do older boats of say 15 years, really start going down hill price wise rapidly, ot do they stabilise after a certain age?
Excise tax on boats and outboard motors is based on the manufacturer's original retail selling price of the unit. Excise tax on new and used all terrain vehicles, utility vehicles, and off road motorcycles is 4.5% of the actual purchase price with a minimum of $5.00.