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![]() "Canuck57" wrote in message ... 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. Yup, you're pretty stupid. |
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