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Whats the guy do? We have been looking to upgrade but I just dont see how some of these guys are financing 300k boats. Are they financing these out on 30 years as like a home or what? I mean even on 30 years thats like a $2400/mo payment. Not sure what the cost of living is in that area to but base salaries may be alot higher. Our area is about 45k median salary and homes are 105/sqft brand new. So even making a killer salary and living it up in our area it is hard to purchase a 300k boat. Where as someone living in atl making 300k a year living in the same size home and same debt to equity ratio could more easily afford one.
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also does black thunder have a website? I tried to google them and got nothing.
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Originally Posted by kyboy1020
(Post 3126118)
So Bi Polar is yours??? Or you own a similar boat.
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I doubt he paid near $300K for that boat. It was repoed, sold, and then who knows. Prob paid below $200K. Heck, he might be in the beach oil clean up business! LOL
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It appears that it is available. I like the colors.:drink:
http://www.yachtworld.com/boats/2005.../United-States |
$189,000 on yacht world.... I would have to sell my house and my truck. Then it would be mine! Let's see
$189,000 @ 7% on 5 years = $3742/mo $189,000 @ 7% on 20 years = $1465/mo $189,000 @ 7% on 30 years = $1257/mo |
Originally Posted by jus490
(Post 3125939)
That boat is an 05 with 525's we were tied up next to them on sunday, great people he also got pulled over when leaving the cove and got $180 dollar ticket for noise
i meet him last year he is a real nice guy his boat is for sale on doubledimond boat brokers.com @loto |
kyboy,
Don't stress yourself over how these guys afford the toys they have. Most boats in that range are bought with cash. Takes some big dollars to keep up a boat like that or similar. And most of them have low hours and hardly ever get used. Just enjoy what you have. Used to drive me nuts too, but I bought a 38' boat at age 25, so just be patient, some day it will be our turn. :coolcowboy: |
I got a 31 ft boat at 25 and it is a ton to keep up with especially with a new born.... My dream boat is the black thunder though
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