I usually buy "Fixer-Uppers" in the end they look like a ton of money and usually I have a ton of money in them. However I can rebuild them on my time and money, that way I'm not sticking my (or my wife's) neck out too far.
The last boat I bought in a partnership with a very good friend of mine. I know that most people say stay away from this kind of thing but, in my case it has worked out great!!
It is an expensive hobby we have, and most people don't understand us. But, "to heck, with those people I enjoy it!!"
I got another Bad look from a lady driving a school bus this morning while I was moving My Boat for a Funeral I have today. I don't know if she thought that I was going to the lake today instead of working or if she just saw me in a shirt and tie pulling a big boat and thought I was some rich snob. Truth be known I worked until 9:30pm last night and was back here to work at 7am this morning.
It's kinda like driving a Corvette!! I use to have one a couple of years ago and I was always getting dirty looks from strangers. Unlike just before the 'vette I had a convertable GT Mustang. I would get thumbs up from strangers all the time!! Both were not brand new but in good shape and bought for under 10 grand!!