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#1
posted to rec.boats
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#3
posted to rec.boats
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On Tue, 10 Jan 2012 19:29:29 -0500, Earl wrote:
wrote: On Mon, 09 Jan 2012 20:35:58 -0500, wrote: wrote: On Wed, 04 Jan 2012 23:51:48 -0700, wrote: The cheapest way to own a boat is to use it a lot. Then your per hour cost drops to a very low number. Or rent it. Also saves patching up road chipping and the like. Better gas millage too when getting there. -- Most of the people I know would be thousands of dollars a year ahead if they just rented a boat on the dozen days a year they actually go out. By the time you amortize a $40,000 boat over the 40 or 50 times they use it before it just rots on the lift and toss in the maintenance headaches from stale gas and other things sitting around unused causes, $150 an hour rental is a bargain. They usually end up getting a few thousand on a trade in and start over, promising themselves they will try to use the boat more next time. We get out 3 times a week for a couple hours each and I figure boating costs me less than $8-10 an hour, all costs including maintenance and gas in the computation. Gas is the biggest part of that number and when we go slow in manatee season or when my wife says it is cold (below 80) that can get me closer to $6-7 an hour. That's an interesting thought but I prefer to have my boat available whenever I need it and I'm lucky enough to live in an area where I can use it 300+ days a year! The question is, will you? I log about 300 hours a year so it is easy to justify owning a boat. There are other people here who don't use 10% of that a year. I boated over 400 hours last year - about 285 underway according to the hour meters. Much of that was fishing and trolling - I have a trailerable center console fishing boat. Best way to go, in my opinion. I got my Key West 186 CC a couple years ago and love it! |
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#4
posted to rec.boats
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Happy John wrote:
On Tue, 10 Jan 2012 19:29:29 -0500, wrote: wrote: On Mon, 09 Jan 2012 20:35:58 -0500, wrote: wrote: On Wed, 04 Jan 2012 23:51:48 -0700, wrote: The cheapest way to own a boat is to use it a lot. Then your per hour cost drops to a very low number. Or rent it. Also saves patching up road chipping and the like. Better gas millage too when getting there. -- Most of the people I know would be thousands of dollars a year ahead if they just rented a boat on the dozen days a year they actually go out. By the time you amortize a $40,000 boat over the 40 or 50 times they use it before it just rots on the lift and toss in the maintenance headaches from stale gas and other things sitting around unused causes, $150 an hour rental is a bargain. They usually end up getting a few thousand on a trade in and start over, promising themselves they will try to use the boat more next time. We get out 3 times a week for a couple hours each and I figure boating costs me less than $8-10 an hour, all costs including maintenance and gas in the computation. Gas is the biggest part of that number and when we go slow in manatee season or when my wife says it is cold (below 80) that can get me closer to $6-7 an hour. That's an interesting thought but I prefer to have my boat available whenever I need it and I'm lucky enough to live in an area where I can use it 300+ days a year! The question is, will you? I log about 300 hours a year so it is easy to justify owning a boat. There are other people here who don't use 10% of that a year. I boated over 400 hours last year - about 285 underway according to the hour meters. Much of that was fishing and trolling - I have a trailerable center console fishing boat. Best way to go, in my opinion. I got my Key West 186 CC a couple years ago and love it! I've seen a lot of them and they look like they are very well made! I fished on a 268 (I think) that was a friend of a friend's boat and it was very comfortable and had nice features. |
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#5
posted to rec.boats
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#6
posted to rec.boats
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On 1/10/2012 10:54 PM, Wayne.B wrote:
On Tue, 10 Jan 2012 00:20:00 -0500, wrote: That's an interesting thought but I prefer to have my boat available whenever I need it and I'm lucky enough to live in an area where I can use it 300+ days a year! The question is, will you? I log about 300 hours a year so it is easy to justify owning a boat. There are other people here who don't use 10% of that a year. === We've logged about 3,000 hours on the trawler over 7 years, another 200+ on the runabout, and at least another several hundred on the dinghies. Whats it cost you a year to live like that? Just wonderin'... |
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#7
posted to rec.boats
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On Tue, 10 Jan 2012 22:56:57 -0500, JustWait
wrote: On 1/10/2012 10:54 PM, Wayne.B wrote: On Tue, 10 Jan 2012 00:20:00 -0500, wrote: That's an interesting thought but I prefer to have my boat available whenever I need it and I'm lucky enough to live in an area where I can use it 300+ days a year! The question is, will you? I log about 300 hours a year so it is easy to justify owning a boat. There are other people here who don't use 10% of that a year. === We've logged about 3,000 hours on the trawler over 7 years, another 200+ on the runabout, and at least another several hundred on the dinghies. Whats it cost you a year to live like that? Just wonderin'... === I honestly don't know and purposely avoid that calculation. The cost of cruising runs all over the map depending a lot on how much time you spend in marinas and restaurants. Many of our ownership costs are fixed regardless of whether we use the boat are not, even some of the maintenance expenses. Our average fuel burn is about 7 to 8 gallons/hour when underway, about $30 at current prices. Variable maintenance costs probably add another 50 to 100%. |
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#8
posted to rec.boats
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Wayne.B wrote:
On Tue, 10 Jan 2012 00:20:00 -0500, wrote: That's an interesting thought but I prefer to have my boat available whenever I need it and I'm lucky enough to live in an area where I can use it 300+ days a year! The question is, will you? I log about 300 hours a year so it is easy to justify owning a boat. There are other people here who don't use 10% of that a year. === We've logged about 3,000 hours on the trawler over 7 years, another 200+ on the runabout, and at least another several hundred on the dinghies. Someday I will have the time for that! |
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#9
posted to rec.boats
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On Jan 11, 8:32*pm, wrote:
Wayne sails all over the western Atlantic and Caribbean. I envy that a bit myself but I don't have the "budget" *;-) neither does he. He just doesn't know it... ?;^ ) |
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#10
posted to rec.boats
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On 1/11/2012 9:39 PM, Tim wrote:
On Jan 11, 8:32 pm, wrote: Wayne sails all over the western Atlantic and Caribbean. I envy that a bit myself but I don't have the "budget" ;-) neither does he. He just doesn't know it... ?;^ ) That's why it's good to have a Tim... |
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