Upgrade to this 26' Seaswirl??
 

Here is my boat. We paid 20k for it. Other than a prop, it has required no
upkeep.

http://tinyurl.com/7vaya

Here is the boat we're considering....

http://tinyurl.com/c6orm

Here are the reasons why.....

1. 6'5" enclosed cabin. The only reason to go below is to sleep or use the
enclosed head. Whereas on my pocket cruiser, I have to crouch everywhere.

2. Supposedly more fuel efficient with the dual prop outdrive. Definitely
tracks better at slower speed.

3. All weather, windowed cabin instead of canvas, more suitable for the
Pacific NorthWest.

4. Quieter, due to foamed hulls.

5. Dialed in with all the electronic goodies.

Downside......$465/mo. vs. $183/mo.

What do you fellas think?

-Greg

Upgrade to this 26' Seaswirl??
 

"Harry Krause" wrote in message
...
Dene wrote:
Here is my boat. We paid 20k for it. Other than a prop, it has
required no
upkeep.

http://tinyurl.com/7vaya

Here is the boat we're considering....

http://tinyurl.com/c6orm

Here are the reasons why.....

1. 6'5" enclosed cabin. The only reason to go below is to sleep or use
the
enclosed head. Whereas on my pocket cruiser, I have to crouch
everywhere.

2. Supposedly more fuel efficient with the dual prop outdrive.
Definitely
tracks better at slower speed.

3. All weather, windowed cabin instead of canvas, more suitable for the
Pacific NorthWest.

4. Quieter, due to foamed hulls.

5. Dialed in with all the electronic goodies.

Downside......$465/mo. vs. $183/mo.

What do you fellas think?

-Greg




Pretty steep monthly payment, but that's your business. Boat looks
clean, but for that kind of money, have it surveyed.

Definitely........had the Starcraft surveyed. As for payment, that 40k at
6.99% for 10 years. I'm not so concerned about the monthly payment as I am
about resale value in about 5+ years. Seaswirl quit making these in 2003,
yet they did get good reviews while in production. I'm not expecting to get
40k in 5 years but it would be nice if half was recovered.

-Greg

Upgrade to this 26' Seaswirl??
 

"Shortwave Sportfishing" wrote in message

Definitely........had the Starcraft surveyed. As for payment, that 40k
at
6.99% for 10 years. I'm not so concerned about the monthly payment as I
am
about resale value in about 5+ years. Seaswirl quit making these in
2003,
yet they did get good reviews while in production. I'm not expecting to
get
40k in 5 years but it would be nice if half was recovered.

it's a little steep for payments and you'll never recover your
investment.

i'd look around a little or put a larger amount of money down. you
will never get out from under that loan on that boat unless you have
at least 40 to 50% down and that's iffy.

I'm not that concerned about paying it off. Primary reason is that the
payment serves me well as a 2nd home tax write-off. In my retirement years,
hopefully 10 winters from now, different story.

We will definitely be looking around at other boats. That's half the fun.
:

-Greg

Upgrade to this 26' Seaswirl??
 

"Dene" wrote in message
...
Here is my boat. We paid 20k for it. Other than a prop, it has required
no
upkeep.

http://tinyurl.com/7vaya

Here is the boat we're considering....

http://tinyurl.com/c6orm

Here are the reasons why.....

1. 6'5" enclosed cabin. The only reason to go below is to sleep or use
the
enclosed head. Whereas on my pocket cruiser, I have to crouch everywhere.

2. Supposedly more fuel efficient with the dual prop outdrive.
Definitely
tracks better at slower speed.

3. All weather, windowed cabin instead of canvas, more suitable for the
Pacific NorthWest.

4. Quieter, due to foamed hulls.

5. Dialed in with all the electronic goodies.

Downside......$465/mo. vs. $183/mo.

What do you fellas think?

-Greg




My opinion? Forget the single engine outdrive and invest your money in a
twin engined inboard with rudders. You will never look back.

RCE

Upgrade to this 26' Seaswirl??
 

On Wed, 1 Feb 2006 16:25:14 -0800, "Dene" wrote:

I'm not that concerned about paying it off. Primary reason is that the
payment serves me well as a 2nd home tax write-off. In my retirement years,
hopefully 10 winters from now, different story.

============================================

The problem comes in 3 to 5 years when you decide that you really need
something bigger and you discover that you still owe more than the
boat is worth. In other words, you are "upside down" and have to
payout cash just to sell. Happens all the time.

Upgrade to this 26' Seaswirl??
 

"Dene" wrote in message
...

"RCE" wrote in message
...

"Dene" wrote in message
...
Here is my boat. We paid 20k for it. Other than a prop, it has
required
no
upkeep.

http://tinyurl.com/7vaya

Here is the boat we're considering....

http://tinyurl.com/c6orm

Here are the reasons why.....

1. 6'5" enclosed cabin. The only reason to go below is to sleep or
use
the
enclosed head. Whereas on my pocket cruiser, I have to crouch
everywhere.

2. Supposedly more fuel efficient with the dual prop outdrive.
Definitely
tracks better at slower speed.

3. All weather, windowed cabin instead of canvas, more suitable for
the
Pacific NorthWest.

4. Quieter, due to foamed hulls.

5. Dialed in with all the electronic goodies.

Downside......$465/mo. vs. $183/mo.

What do you fellas think?

-Greg




My opinion? Forget the single engine outdrive and invest your money in a
twin engined inboard with rudders. You will never look back.

RCE

What about twin outboards. Did notice another listing with a pair of 150
hp
Evinrudes.

-Greg



My opinion? Much better than a single I/O.

RCE

Upgrade to this 26' Seaswirl??
 

"RCE" wrote in message
...

"Dene" wrote in message
...
Here is my boat. We paid 20k for it. Other than a prop, it has
required
no
upkeep.

http://tinyurl.com/7vaya

Here is the boat we're considering....

http://tinyurl.com/c6orm

Here are the reasons why.....

1. 6'5" enclosed cabin. The only reason to go below is to sleep or use
the
enclosed head. Whereas on my pocket cruiser, I have to crouch
everywhere.

2. Supposedly more fuel efficient with the dual prop outdrive.
Definitely
tracks better at slower speed.

3. All weather, windowed cabin instead of canvas, more suitable for the
Pacific NorthWest.

4. Quieter, due to foamed hulls.

5. Dialed in with all the electronic goodies.

Downside......$465/mo. vs. $183/mo.

What do you fellas think?

-Greg




My opinion? Forget the single engine outdrive and invest your money in a
twin engined inboard with rudders. You will never look back.

RCE

What about twin outboards. Did notice another listing with a pair of 150 hp
Evinrudes.

-Greg

Upgrade to this 26' Seaswirl??
 

"Wayne.B" wrote in message
...
On Wed, 1 Feb 2006 16:25:14 -0800, "Dene" wrote:

I'm not that concerned about paying it off. Primary reason is that the
payment serves me well as a 2nd home tax write-off. In my retirement
years,
hopefully 10 winters from now, different story.

============================================

The problem comes in 3 to 5 years when you decide that you really need
something bigger and you discover that you still owe more than the
boat is worth. In other words, you are "upside down" and have to
payout cash just to sell. Happens all the time.

Right....but I think that is most likely to happen to new boat buyers. This
is a $100,000 new. The seller took the biggest hit.

-Greg

Upgrade to this 26' Seaswirl??
 

On Wed, 1 Feb 2006 18:42:52 -0800, "Dene" wrote:

Right....but I think that is most likely to happen to new boat buyers. This
is a $100,000 new. The seller took the biggest hit.

Trust me, it can, and will happen to anyone with extended loan terms
beyond about 5 years or so. The problem is that with a longer term
loan, most of the monthly payments are going for interest over the
first part of the loan period, very little going for amortization (pay
down of principle amount).

If you are proficient with Excel, create a spreadsheet where every
column is one month of the repayment period. Start with the loan
amount and monthly payment. Use the monthly interest rate (annual
rate/12) to calculate the interest paid in the first month. The
remainder of the payment after interest is ammortization. Calculate
the second and subsequent columns by subtracting ammortization from
the principle amount of the previous month. Recalculate interest for
the current month and keep rolling the whole thing forward. It's
actually easier than my description.

The bottom line is that you will be shocked at how slowly you are
actually paying the boat off until the last few years of the loan.

Upgrade to this 26' Seaswirl??
 

"Shortwave Sportfishing" wrote in message
...
On Wed, 1 Feb 2006 16:25:14 -0800, "Dene" wrote:


"Shortwave Sportfishing" wrote in message

Definitely........had the Starcraft surveyed. As for payment, that 40k
at
6.99% for 10 years. I'm not so concerned about the monthly payment as
I
am
about resale value in about 5+ years. Seaswirl quit making these in
2003,
yet they did get good reviews while in production. I'm not expecting
to
get
40k in 5 years but it would be nice if half was recovered.

it's a little steep for payments and you'll never recover your
investment.

i'd look around a little or put a larger amount of money down. you
will never get out from under that loan on that boat unless you have
at least 40 to 50% down and that's iffy.

I'm not that concerned about paying it off. Primary reason is that the
payment serves me well as a 2nd home tax write-off. In my retirement
years,
hopefully 10 winters from now, different story.

its not a question of paying it off - its a question of relative
investment. yes you can write off part of the interest, but that only
lasts so long - you still have to recover some of the principal if you
ever sell it and at the amount financed, you won't be able to do it.

We will definitely be looking around at other boats. That's half the fun.

damn straight.

Seems like $60k for a 6 year old boat is on the high side to me. How much
was it new? When I can get a brand new custom Davis Rock Harbor 25 for
$90k, and that is a semicustom boat, the $60k seems steep. As to financing
$40k, that is a personal thing. I would never do it for a toy, but that is
me.

Upgrade to this 26' Seaswirl??
 

"RCE" wrote in message
...

"Dene" wrote in message
...
Here is my boat. We paid 20k for it. Other than a prop, it has required
no
upkeep.

http://tinyurl.com/7vaya

Here is the boat we're considering....

http://tinyurl.com/c6orm

Here are the reasons why.....

1. 6'5" enclosed cabin. The only reason to go below is to sleep or use
the
enclosed head. Whereas on my pocket cruiser, I have to crouch
everywhere.

2. Supposedly more fuel efficient with the dual prop outdrive.
Definitely
tracks better at slower speed.

3. All weather, windowed cabin instead of canvas, more suitable for the
Pacific NorthWest.

4. Quieter, due to foamed hulls.

5. Dialed in with all the electronic goodies.

Downside......$465/mo. vs. $183/mo.

What do you fellas think?

-Greg




My opinion? Forget the single engine outdrive and invest your money in a
twin engined inboard with rudders. You will never look back.

RCE


I do not think many of those are trailerable.

Upgrade to this 26' Seaswirl??
 

"Wayne.B" wrote in message
...
On Wed, 1 Feb 2006 18:42:52 -0800, "Dene" wrote:

If you are proficient with Excel, create a spreadsheet where every
column is one month of the repayment period. Start with the loan
amount and monthly payment. Use the monthly interest rate (annual
rate/12) to calculate the interest paid in the first month. The
remainder of the payment after interest is ammortization. Calculate
the second and subsequent columns by subtracting ammortization from
the principle amount of the previous month. Recalculate interest for
the current month and keep rolling the whole thing forward. It's
actually easier than my description.

The bottom line is that you will be shocked at how slowly you are
actually paying the boat off until the last few years of the loan.

I understand, as I'm quite familiar with amortization tables. However, with
my income, I need all the write-off's I can get. I'd prefer to spend
pleasure money on something tax deductible vs. European vacations or cars or
resorts or.......

Now....when I approach retirement and have a fixed income, different story.
Likely I will own most of the boat and just keep it....who knows.

-Greg

Upgrade to this 26' Seaswirl??
 

"Calif Bill" wrote in message
ink.net...

Seems like $60k for a 6 year old boat is on the high side to me. How much
was it new? When I can get a brand new custom Davis Rock Harbor 25 for
$90k, and that is a semicustom boat, the $60k seems steep. As to
financing
$40k, that is a personal thing. I would never do it for a toy, but that
is
me.

I'd be financing 40k, paying no more than 50k, for the Seaswirl.
Nonetheless, the Davis Rock Harbor is a nice looking boat. Didn't see any
used ones on www.Yachtworld.com. I refuse to buy new.

Wife and I are going to look at it tomorrow. I'll post my thoughts
afterwards.

-Greg

Upgrade to this 26' Seaswirl??
 

"Shortwave Sportfishing" wrote in message
...
On Wed, 1 Feb 2006 22:07:46 -0800, "Dene" wrote:

The bottom line is that you will be shocked at how slowly you are
actually paying the boat off until the last few years of the loan.

I understand, as I'm quite familiar with amortization tables. However,
with
my income, I need all the write-off's I can get. I'd prefer to spend
pleasure money on something tax deductible vs. European vacations or cars
or
resorts or.......

then buy a - boat - . look around for a grand banks or whatever in the
40 foot category - why screw around with a cuddy cabin?

I have free moorage for a 26 footer. One of my best friends owns a floating
home with a boathouse, just large enough for a 26 foot boat. Also, I like
that size of boat for the Columbia.. When I retire, different story. We'll
want a 32+ footer to cruise the loop.

-Greg

Change in plans
 

At six this morning, this boat popped into my computer screen, beckoning
me.....

http://tinyurl.com/axysw

Then we looked at it and fell in love. Sleeping on it tonight, then will
likely offer $27,500. 2nd owner has a baby on the way and is taking a break
from boating. 400 hours on the boat but 200 hours on a new long-block 5.7.
Reason....1st owner failed to winterize. Compared to our boat, here are the
favorable points....

1. Bravo 3 vs. Alpha drive

2. Superior cockpit layout, notably my wife is sitting next to me at the
helm, facing forward, instead of sitting sideways on the port side. Also,
there is a perfect spot in front of her to mount the laptop, which we use
for gps and chart plotting (Nobeltec).
Finally, this boat has a dining table topside instead of a wasted wet bar.

3. Cabin. I can walk around the thing, even pee like a man. No more
backaches. Only downside is that the midberth isn't as wide as our 25'
Starcraft. A cozy double instead of full. We or me might end up on the
v-berth.

4. Storage/galley/sound system/hull design (deep V instead of modified V)
all add up in the Maxum's favor.

Downside....temporarily owning 3 boats.

-Greg

Change in plans
 

"Dene" wrote in message
. ..
At six this morning, this boat popped into my computer screen, beckoning
me.....

http://tinyurl.com/axysw

Then we looked at it and fell in love. Sleeping on it tonight, then will
likely offer $27,500. 2nd owner has a baby on the way and is taking a
break
from boating. 400 hours on the boat but 200 hours on a new long-block
5.7.
Reason....1st owner failed to winterize. Compared to our boat, here are
the
favorable points....

1. Bravo 3 vs. Alpha drive

Stop right there and check into possible corrosion problems on that outdrive
and do a little more research on it.

Change in plans
 

" JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote in message
. ..

"Dene" wrote in message
. ..
At six this morning, this boat popped into my computer screen, beckoning
me.....

http://tinyurl.com/axysw

Then we looked at it and fell in love. Sleeping on it tonight, then
will
likely offer $27,500. 2nd owner has a baby on the way and is taking a
break
from boating. 400 hours on the boat but 200 hours on a new long-block
5.7.
Reason....1st owner failed to winterize. Compared to our boat, here are
the
favorable points....

1. Bravo 3 vs. Alpha drive

Stop right there and check into possible corrosion problems on that
outdrive
and do a little more research on it.

Ok....nothing showed up on a google search. Would the survey reveal any
current or potential problems?

-Greg

Change in plans
 

"Dene" wrote in message
...

" JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote in message
. ..

"Dene" wrote in message
. ..
At six this morning, this boat popped into my computer screen,
beckoning
me.....

http://tinyurl.com/axysw

Then we looked at it and fell in love. Sleeping on it tonight, then
will
likely offer $27,500. 2nd owner has a baby on the way and is taking a
break
from boating. 400 hours on the boat but 200 hours on a new long-block
5.7.
Reason....1st owner failed to winterize. Compared to our boat, here
are
the
favorable points....

1. Bravo 3 vs. Alpha drive

Stop right there and check into possible corrosion problems on that
outdrive
and do a little more research on it.

Ok....nothing showed up on a google search. Would the survey reveal any
current or potential problems?

-Greg



http://tinyurl.com/cpq7y

But if it has not surfaced yet you are probably OK.

Go to boatus.com forums and ask Caroline to run a search on past recalls of
the make/model/year boat you are considering to see if it has had any past
reported corrosion problems on the OD.

http://my.boatus.com/forum/