Anyone know this Black Thunder? Saw it at loto this weekend
#11
Thread Starter
Registered
Joined: Jul 2009
Posts: 1,592
Likes: 3
From: Owensboro, KY
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.
#13
Gold Member
Joined: Jan 2004
Posts: 491
Likes: 0
From: Houston, Texas
#15
Gold Member
Joined: Jan 2004
Posts: 491
Likes: 0
From: Houston, Texas
#16
Registered

Joined: May 2001
Posts: 1,384
Likes: 2
From: West Michigan
It appears that it is available. I like the colors.
http://www.yachtworld.com/boats/2005.../United-States

http://www.yachtworld.com/boats/2005.../United-States
#17
Thread Starter
Registered
Joined: Jul 2009
Posts: 1,592
Likes: 3
From: Owensboro, KY
$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
$189,000 @ 7% on 5 years = $3742/mo
$189,000 @ 7% on 20 years = $1465/mo
$189,000 @ 7% on 30 years = $1257/mo
#18
Registered
Joined: Dec 2009
Posts: 562
Likes: 1
i meet him last year he is a real nice guy his boat is for sale on doubledimond boat brokers.com @loto
#19
Registered

Joined: Nov 2006
Posts: 770
Likes: 3
From: MICHIGAN
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.
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.


