Ownership Costs - Regrets

$300,000 to own a boat for 30 months? $600 per hour of operation? $1,500 per day spent aboard?

Crazy?
Perhaps.

Do I have regrets?
None.

I have no regrets because I did three things with Someday Soon that created what I call Bankable Memories:

1. Rounded Vancouver Island
2. Toured the Bahamas and the SE Intercoastal Waterway
3. Spent a day, alone on the ocean, far offshore from Uclulet, BC, riding to a sea anchor, catching salmon. Pure, unadulterated magic.

I would have regrets had the boat sat in a slip in Bellingham and been used for occasional jaunts to the San Juans.

One might ask whether or not I could have achieved the same result with a less expensive boat or a used boat. Yes, but there was one other thing for me - owning a thing of beauty and configuring and equipping it to perform optimally for the roles I intended to use it in. When it comes to boats and airplanes that is important to me.

So the evaluation of ownership costs is a highly subjective undertaking and prospective buyers need to weigh the costs against what is meaningful to their particular values.