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Saltwater fishing boats vary widely in size and can be specialized for certain species of fish. Flounder boats, for example, have flat bottoms for a shallow draft and are used in protected, shallow waters. Sport fishing boats range from 25 to 80 feet or more, and can be powered by large outboard engines or inboard diesels.
Like new cars, new boats lose value quickly, which makes used boats less attractive for lenders. It may be more difficult to finance an older boat, unless you choose an unsecured loan.
Flats boats are often small easily trailerable boats although some may reach up to 23 ft in length [6] or more. They are typically equipped with outboard motors and offer a relatively shallow draft compared to other boats of the same length, to allow for passage over sandbars, oyster beds or other submerged objects or underwater features with less risk of damaging the hull or engine.
An asset's initial book value is its actual cash value or its acquisition cost. Cash assets are recorded or "booked" at actual cash value. Assets such as buildings, land and equipment are valued based on their acquisition cost, which includes the actual cash cost of the asset plus certain costs tied to the purchase of the asset, such as broker fees.
If you do want to see your RV’s “blue book” value, you may be wondering how to use the NADA Guides and website, which is information published by the National Automobile Dealers Association.
Some other boats have a similar shape to a traditional punt – for example the Optimist training dinghy or the air boats used in the Everglades – but the most similar boat is the European Weidling, a type of boat that can be tracked back to Celtic boats built more than 2,000 years ago.
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The boat has a draft of 5.50 ft (1.68 m) with the keel extended and 1.50 ft (0.46 m) with it retracted, allowing operation in shallow water or ground transportation on a trailer. [ 1 ] [ 3 ] The boat is normally fitted with a small 3 to 6 hp (2 to 4 kW) outboard motor for docking and maneuvering.
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