Re: Budgeting Annual Boat Expenses?
 

And put Fred on your speed-dial. :drink:

Re: Budgeting Annual Boat Expenses?
 

For s semi serious answer, I usually go through 5-6k for annual maintenance and upgrades. Some years more, some less, depending on the whim of the boating gods. That doesn't include fuel or insurance.

I saw a guideline somewhere once that you should plan annual costs at 10% of price of the boat, which I think included payments. Oh yes, for a used boat the payments go down, but the maintenance is still about the same % of the cost of the equivalent new one since none of the part costs scale with age.

-Greg

Re: Budgeting Annual Boat Expenses?
 

Monthly ownership is usually the least expensive part of boating. It is the ancillary costs associated with operation that prove detrimental to your bank account: maintenance, storage, hauling, insurance, fuel and beer that get you. :rolleyes:

Re: Budgeting Annual Boat Expenses?
 

That's about what I have spent the last few years. $100K (round numbers) boat......$10K to keep her dry stored, insured and running. Now that may change at a moments notice if I blow an outdrive or, knock on wood, engine.

And that does not include monthly payments, but if you keep her on a trailer in your yard that will offset those costs.

Re: Budgeting Annual Boat Expenses?
 

Well, Let me put it this way. Buy the boat in late 2003 premium gas sells for 1.30 a gallon insurance is 3100.00. Now 2 years later gas is 2.49 and the insurance is 6400.00 over a 100% jump in expenses. So, there is no budget. Just have fun and hope nothing breaks (Yeah right).

Re: Budgeting Annual Boat Expenses?
 

go budget like i did. 22k for clean 1979 35ft cig on ebay. 3k to get it home
15k for n/a 577s for spares then 60k for a pair of 1000hp blower motors. then ins, gas, crap...i might not have enough coin left for beer n hookers.

Re: Budgeting Annual Boat Expenses?
 

B O A T

Break Out Another Thousand

Noun, a hole in the water surrounded by wood into which one pours money.
:evilb:

Re: Budgeting Annual Boat Expenses?
 

i cant wait to only have to buy gas and beer for a while...building the engines is what really hurts the wallet!

Re: Budgeting Annual Boat Expenses?
 

We usually spend around $1000 - $1100 per weekend , but that includes the room which is around $300 . Almost $200 per day in gas but thats running all day , which is what we're doing right now .

Re: Budgeting Annual Boat Expenses?
 

yo bada$$ that leaves 500 to 600 for drinks...i like your program :drink: :drink: :drink: RESPEKT