I spent years repairing boats and will spend many hundreds on mine as a labor of love. many of us can do more than others but the fiscal equation is always the same when you figure the value of your time.

Years ago I could have kept a crew busy with a spec project boat instead of shutting down for the NY winter. Today everyone uses subs and temp labor except the few top yards who have a project or two every winter already. The value of the boats is not commensurate with their cost to repair or restore except in few instances.

I was watching the Barrett Jackson auctions and saw most cars sold at well below the restoration cost. that didn't include the original cost of the vehicle. We have classics and we do to them what we do out of love not for profit.