On 08/06/2010 6:50 PM, Frogwatch wrote:
On Jun 8, 5:45 pm, wrote:
On 08/06/2010 2:03 PM, jps wrote:



On Tue, 08 Jun 2010 14:12:28 -0400, Wayne.B
wrote:

On Tue, 8 Jun 2010 10:45:46 -0700,
wrote:

I'd be interested to hear what those who've made major purchases, such as
for a boat, have done (or not done) along these lines. Did you pretty much
go all in or did you do something similar?

The strategy of buying less than you can afford works well because
everyone always under estimates the cost of essential upgrades and
maintenance. It is important to try and estimate the upgrades and
maintenance as closely as possible and then double that number.

It is also important to try and nail down your ongoing expenses for
storage, both in and out of the water, and insurance. Insurance costs
vary by location, length of season, cruising range, and quality of
policy. There are big differences in policies, not always readily
apparent until you scrutinize the fine print.

The most expensive thing of all is buying the wrong boat, or buying it
with the wrong people. That may sound obvious but it happens all the
time. Have all of you spent a lot of time together on a boat before?
If not, I'd highly recommend chartering a boat similar to what you
want for two weeks and sail it somewhere. You'll learn a lot about
the boat, the people, and whether or not you really like the life
style.

Good advice. I'd think about exactly how you're going to use the boat
and how many are likely to on board rather than deciding on a boat
based on the collective budget and affordability.

Which also gets down to why I rent. Until I know where I will park my
butt for a long time, I rent. Some real small lakes, 16 aluminium, but
others like Michigan a twin diesel 30' is nice.

If you end up spending as much as you can afford but the boat only
sees two to four passengers on most trips, it's a big waste of $ to
purchase a 45+ ft boat. Although it may offer space, it's more to
keep up and more work to sail.

Agreed, plus you would have to be Bill Gates to own something like
below, awesome:

http://www.youtube.com/watch?v=ddDjD...eature=related

But I am not crooked enough... Would make more room for the staff, they
would all be chicks.
--
Liberalism - a disease of envy, greed, entitlement and KAOS.

I am simply tired of paying liberals debts yet here we have one who
will probably default and make the rest of us pay for it. Nom will no
doubt castigate those awful bankers and then if he/she gets laid off
will make the rest of us pay the debt.

Given the posting times, plumer has no job and no boat. Might have a
pot to **** in but not much else.

Yep, one of these days she/it will be in here whining the blues...
hopeful they repo the computer too.

Until we can get presidents and leaders who repect the rights of workers
and our children enough to shake the paracites off the government hind.
Trouble is our current lot of politicians are paracites.

Obama's motto:

Killing future wealth of our children for massive debt/greed of today.

--
Liberalism - a disease of envy, greed, entitlement and KAOS.