I must confess to occasional thoughts on mortality. My own vessel is getting on in years, and the boat is not far behind. Is there a here after for yachts?
From the the number of GRP boats for sale that are 40, 50 or even 60 years old, still mostly in a serviceable condition, I can only say that they will be with us for many years.
The drop in value has as much to do with changes in design (obsolescence) and status as in real value or life expectancy. Mine will certainly outlive me.
While a boat has an owner prepared to look after her, she will still have a place on the water amongst all the new builds.