9% Average Annual Price Increase

LaurencetheAdventurer

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So, fun to rebuild my boat, look at new options, dream of a twin engine (gas prices, maybe not). Actually, the only two items I see that I LOVE are the LillyPad ladder (an easy upgrade) and the collapsible Guard Rail. Purchased in 2021, current pricing has increased by an average of 9% per year since then! I poked around some used sites, seems I have lost maybe $30 to $40K over 5 years - say $7K per year by 20 days on the water - $350 per day OF FUN (That's about per person for Disneyland - LOL). Considering they rent for about $900 a day - this is the first boat that has really held its value! (or is inflation simply out of control?). Either way - SO MUCH FUN and what a GREAT purchase!
 
That a really interesting way to calculate your value for fun.
 
Can't help it, I am an accountant....LOL
 
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