Being finally in the position to buy my liveaboard, I'm going over to see Baildon this weekend, a 1936 converted Town class butty:
http://www.aqueductbrokerage.co.uk/index.php/boats-for-sale/boat/baildon
I know the general thought seems to be that buying an historic boat can (and usually is) a money pit experience, but bearing in mind Baildon has had fairly recent rebottoming/footing and has what should be a solid, desirable (if expensive to repair) engine, what general thoughts would be about historic boats/engines retaining long term value over a modern boat?
I bought my Series III land rover with the idea that if I keep it in reasonable repair, it's never going to be worth less than I paid for it and a 'car for life' should I wish it. It's historic, iconic...errr...occasionally colonic when it jumps out of gear going round corners....but it's so far I've been correct in my thinking & it's actually gone up in resale value, all the while being an absolute joy to own and drive every day (it's my driveaboard). Yes, it's had loads of work already, but no more cost than many cars I've owned which are now scrap. However, do people think that rationale translates to an historic boat in generally solid condition to start with? Not that there'll be much rational thinking if I fall in love.....
Andy