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#1
posted to rec.boats
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Speaking of boats for the middle class.
I was wondering if there are any stats on how long people actually
keep their boat. Like if they buy a new runabout or cuddie etc. how long do they actually keep it, before selling it or trading it in for a new model. some people keep cars a year then trade for new, others buy new and run the wheels off it. I've never bought a brand new boat in my life and really don't plan on it. My two boats are 1983 and 1977. Both in very good shape and will be keeping them for quite a while. Does anyone know what is the average trade off or average length of ownership is for boats? |
#2
posted to rec.boats
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Speaking of boats for the middle class.
Tim wrote:
I was wondering if there are any stats on how long people actually keep their boat. Like if they buy a new runabout or cuddie etc. how long do they actually keep it, before selling it or trading it in for a new model. some people keep cars a year then trade for new, others buy new and run the wheels off it. I've never bought a brand new boat in my life and really don't plan on it. My two boats are 1983 and 1977. Both in very good shape and will be keeping them for quite a while. Does anyone know what is the average trade off or average length of ownership is for boats? MY GUESS is first time boat buyers either trade up or to a different model or get out of boating very quickly. I have purchased 3 used and 2 new boats. I believe used is a much better way to do it. Let someone else take the 20% hit. New boat smell just isn't worth that much. |
#3
posted to rec.boats
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Speaking of boats for the middle class.
On Nov 28, 8:47�am, Tim wrote:
I was wondering if there are any stats on how long people actually keep their boat. Like if they buy a new runabout or cuddie etc. how long do they actually keep it, before selling it or trading it in for a new model. some people keep cars a year then trade for new, others buy new and run the wheels off it. I've never bought a brand new boat in my life and really don't plan on it. My two boats are 1983 and 1977. Both in very good shape and will be keeping them for quite a while. Does anyone know what is the average trade off or �average length of ownership is for boats? Small boats probably turn over pretty quickly. Two-foot-itis is more prevalent in boats under 30 feet or so than with larger models. That said, I've had my boat since the early 90's and among our circle of friends we are the only couple who haven't traded boats at least once and more commonly twice during that same time frame- and most of the people we know from the club,etc, have 30-50 foot boats. So they do turn over, but nowhere nearly as rapidly as people churn through a succession of cars or trucks. |
#4
posted to rec.boats
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Speaking of boats for the middle class.
On Wed, 28 Nov 07, Tim wrote:
I was wondering if there are any stats on how long people actually keep their boat. I guess a stats guy would call me an outlier. And I can't really recall the number of boats I've bought and sold over the years. But I don't think I've kept one less than about 5 years. And, among others, I still have a 19' outboard I bought new (factory ordered in fact) in 1971 and a 6hp Evinrude my dad bought in 1968 (I inherited). Rick |
#5
posted to rec.boats
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Speaking of boats for the middle class.
Chuck Gould wrote: Small boats probably turn over pretty quickly. Two-foot-itis is more prevalent in boats under 30 feet or so than with larger models. I'd say thats right, Chuck. I bought my 83 Chriscraft 169 because the boat was in well maintained shape and the price was right. when I took it out the next eyar I found out it was a bit cramped for my wife, daughter and myself. Oh it's a fun little boat, and I still enjoy taking it out occasionally, especially for a quick trip out to the local smaller lakes, but because of it's smaller deminsions, that'swhen I decided to move up to the 23' Marquis Cuddie. It's a lot more boat, and still well maintained and was priced very reasonable. But it uses a lot more fuel. Room and ride is still a decent trade off for the economy, though. But I'd really like to get up to a 27+ footer again, but then again trailerability becomes a problem for cruisers, plus at this stage the fuel expenses are prohibitive. But yes, I think that most people start out small then for reasons I've stated will move up to larger rather quickly. |
#6
posted to rec.boats
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Speaking of boats for the middle class.
Reginald P. Smithers III wrote: MY GUESS is first time boat buyers either trade up or to a different model or get out of boating very quickly. I have purchased 3 used and 2 new boats. I believe used is a much better way to do it. Let someone else take the 20% hit. New boat smell just isn't worth that much. Yes, I would think that for middle classers that the used market would be a better value. 20% hit? I would think that the spread would be greater than that, but then again, I really don't know. I haven't priced brand new, and compared with a year or two older models |
#7
posted to rec.boats
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Speaking of boats for the middle class.
"Tim" wrote in message ... Chuck Gould wrote: Small boats probably turn over pretty quickly. Two-foot-itis is more prevalent in boats under 30 feet or so than with larger models. I'd say thats right, Chuck. I bought my 83 Chriscraft 169 because the boat was in well maintained shape and the price was right. when I took it out the next eyar I found out it was a bit cramped for my wife, daughter and myself. Oh it's a fun little boat, and I still enjoy taking it out occasionally, especially for a quick trip out to the local smaller lakes, but because of it's smaller deminsions, that'swhen I decided to move up to the 23' Marquis Cuddie. It's a lot more boat, and still well maintained and was priced very reasonable. But it uses a lot more fuel. Room and ride is still a decent trade off for the economy, though. But I'd really like to get up to a 27+ footer again, but then again trailerability becomes a problem for cruisers, plus at this stage the fuel expenses are prohibitive. But yes, I think that most people start out small then for reasons I've stated will move up to larger rather quickly. The previous boat I bought new. But was a 14' aluminum boat and I wanted a deep transom model, so ordered it new. Was about $2100 out the door with a new Mariner 15 hp longshaft. 1986. The boat I have now was 4 years old when I bought it in 1995. Is also aluminum, but was $26k in 1991. Have no plans to trade this one. Did replace the engine 2 years ago. Previous boats were used also. |
#8
posted to rec.boats
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Speaking of boats for the middle class.
On Wed, 28 Nov 2007 08:47:44 -0800 (PST), Tim
wrote: I was wondering if there are any stats on how long people actually keep their boat. Like if they buy a new runabout or cuddie etc. how long do they actually keep it, before selling it or trading it in for a new model. Good question. For me, I average about, roughly off the top of my head, 6 years on a boat. The longest I've owned one is my Ranger CC - that's going on 8 years this Spring and will probably be the one that I will keep until I don't need a boat anymore. The Princecraft I had for two and a half years before I sold it to Don is the shortest. I suspect that Chuck is right on this one - for folks under 30 feet, it's often a case of two foot bigger disease. Over that, it's a different ball game - if they trade up, it's usually for something 10 or more feet bigger, but they tend to stay in their boats longer than 10 years at a time. I was reading a while back that folks in the mega yacht world usually have them for a purpose - as in to travel around the world or use them as a floating condiminium for a specific purpose, then sell them. Once they have achieved their purpose, that's it - sold. |
#9
posted to rec.boats
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Speaking of boats for the middle class.
Short Wave Sportfishing wrote:
On Wed, 28 Nov 2007 08:47:44 -0800 (PST), Tim wrote: I was wondering if there are any stats on how long people actually keep their boat. Like if they buy a new runabout or cuddie etc. how long do they actually keep it, before selling it or trading it in for a new model. Good question. For me, I average about, roughly off the top of my head, 6 years on a boat. The longest I've owned one is my Ranger CC - that's going on 8 years this Spring and will probably be the one that I will keep until I don't need a boat anymore. The Princecraft I had for two and a half years before I sold it to Don is the shortest. I suspect that Chuck is right on this one - for folks under 30 feet, it's often a case of two foot bigger disease. Over that, it's a different ball game - if they trade up, it's usually for something 10 or more feet bigger, but they tend to stay in their boats longer than 10 years at a time. I was reading a while back that folks in the mega yacht world usually have them for a purpose - as in to travel around the world or use them as a floating condiminium for a specific purpose, then sell them. Once they have achieved their purpose, that's it - sold. I average three to four years, max. I downsized my fishing boat the last go-around, and I'm glad I did. For me, it's the perfect size for fishing the bay, quick cleanup and ease of launching and retrieval. |
#10
posted to rec.boats
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Speaking of boats for the middle class.
On Wed, 28 Nov 2007 19:52:27 GMT, Short Wave Sportfishing
wrote: On Wed, 28 Nov 2007 08:47:44 -0800 (PST), Tim wrote: I was wondering if there are any stats on how long people actually keep their boat. Like if they buy a new runabout or cuddie etc. how long do they actually keep it, before selling it or trading it in for a new model. Good question. For me, I average about, roughly off the top of my head, 6 years on a boat. The longest I've owned one is my Ranger CC - that's going on 8 years this Spring and will probably be the one that I will keep until I don't need a boat anymore. The Princecraft I had for two and a half years before I sold it to Don is the shortest. I suspect that Chuck is right on this one - for folks under 30 feet, it's often a case of two foot bigger disease. Over that, it's a different ball game - if they trade up, it's usually for something 10 or more feet bigger, but they tend to stay in their boats longer than 10 years at a time. I was reading a while back that folks in the mega yacht world usually have them for a purpose - as in to travel around the world or use them as a floating condiminium for a specific purpose, then sell them. Once they have achieved their purpose, that's it - sold. Ya'll are forgetting the 3 or 4 feet smaller crowd! -- John H |
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