View Single Post
  #36   Report Post  
posted to rec.boats
basskisser basskisser is offline
external usenet poster
 
First recorded activity by BoatBanter: Jul 2006
Posts: 2,978
Default MarineMax Cuts Full-Year Profit Forecast


Short Wave Sportfishing wrote:
On 10 Jan 2007 08:31:36 -0800, "Chuck Gould"
wrote:


Short Wave Sportfishing wrote:


Is that over a year?

Couldn't be...


I don't think that $2000 is an unusual monthly expense for a guy who
lives where he can go offshore fishing every weekend *and* is including
his boat loan in the total. It doesn't take all that much boat to
require a monthly boat payment of 4 figures these days.


I have never paid for a boat with a loan.

It's a losing proposition and I find that $24,000, half of what the
average American earns in a year, outrageous.

Same here. Just like a car loan, you are paying interest on something
that is depreciating in value.