Found The Perfect Boat For Me!
 

Man, got turned on to a beautiful straight bottom gun in seriously like new condition, one owner boat and being gone through by the predominant Cig builder in the world. New motors, drives, freshen up everything. I know it is going to come out killer and is just what I'm looking for.

I posted another thread about my next boat purchase and my concerns about our country's economic future. I made the decision to buy a Gun and this one pops up (thanks to all that let me know about it).

Unfortunately, it is a bit out of my price range right now. I could probably swing it in a year or two but not right now. :(

I sent all the info to a buddy of mine who is also in the market and I think, can afford it. Hopefully he will pick it up.

Anyway, now that I re punched my financial numbers I'm back to another dilemma: stay boatless and continue to save $ or buy a cheaper boat now and plan on moving up in a few more years.

I'm inclined to stay boatless for now and bum rides off friends but I hate to be "that guy" that's always looking for a ride. I make it a point to always buy lunch /dinner or what ever but I sometimes feel like an intruder.

If I buy a cheaper, smaller boat now I will have to deal with reselling it later, most likely at a loss. Plus, when I am ready a deal like the one I just found comes along then I have to scramble to sell the other boat.

On the other hand, I may find a boat that I really like and may not need to move up. There are a couple I'm looking at and I'd like to test drive them to see if they will fit my needs but don't want to jerk around sellers either.

Damn, I should have picked richer parents! :D

Sorry to hear that Gun didn't work out, but as my Dad always said about missing out on a house you wanted to buy, "There's always one that is even better". I think it applies for just about any large purchase of something used, including boats.

Good luck with your search.

Michael

save and get what you want, none of my friends have boats, I enjoy having them come with me. I provide the boat they bring the food & drinks, or bait if we are going fishing. One year won't be to bad two might be pushing it.

So what did you finally decide? Sounds like pay cash or nothing.

That's my policy these days. I'm doing the wait and see thing for now but it is tough being boatless after so many years.

Save Your money to buy the gun You wan't. an be the best first mate You can be on a friends boat. Handle lines keep the boat wiped down all day an make sure everyone on the boat does there part so the captain don't have to ask. He well not wont to leave You behind if You make His trip more enjoyable for Him. He will be sad when You get Your new boat an won't be there to help Him. Take over the resonsabilaty of His guest so all He has to do is drive an enjoy His day. Keep everyone safe an He will love You for this. Just My 2 cents. Artie

Find a donzi 22 classic and go have some fun..you wont loose any money and they are a riot to drive..

its a bit away, but what a deal

http://portland.craigslist.org/mlt/ctd/3320711660.html

that has got to be 1 of the worst looking platforms ive ever seen .oh and the speakers made into the engine hatch go right along with it .more like a saddle on a pig

agreed!!!!

Al, I saw the cig you're talking about. It is going to be sick when he's done. Super clean.

I don't think so. The Man want's a gun. Really did you look at that boat. :angry-smiley-038:

I still don't understand why you don't just go borrow some money and buy the boat you want. From your other posts, you have no debt at all and plenty of assets. You have said that you have enough money to buy a smaller performance boat. Use that $$ toward the boat you want and have a payment. You won't get upside down on the boat with a decent down payment and you can always sell it if necessary.
I would much rather have an affordable payment and enjoy myself now than just work and save every $$$ so I can to enjoy myself in 2-3 years.

Isn't that thing nice? I can only imagine how nice it will be when it's done. I'm really going to try to talk my buddy into buying it. That way I'll still get to run it!

Don't think I haven't thought about it long and hard.

But the deal is, I'm 56 years old. Retirement looms in the near future and I took some big hits on my 401K and savings. I've been up and down in house deals and while my house is paid for I have a mortgage on a rental with a very small positive monthly but am upside down on it a couple hundred grand.

I refuse to pull equity out of my house to buy a toy (or anything for that matter). I don't know if I could get a loan on this particular boat (it's a 1993) and if I could, by the time I pay the interest then the great deal it is now would be not so good.

I've had a good ten year run in off shore boats. I can take a couple year break and still catch a ride here and there. I'd rather take a break and sacrifice now for more boating when I retire.

Plus I'm still thinking of a smaller cheaper boat. Maybe a Bullet or another 28 like the one I had but with bigger power. I'm still liking the 31 Sutphen too.

BajaFresh,

Kudos on your financial lifestyle. If the rest of the US population managed their finances the way you do the US would be in a much better position!

Sadly, personal responsibility seems to be a lost quality anymore.

I'd find the money and buy the boat you want. I stretched a little when I bought mine and I am glad I did - I haven't grown tired of it in 6 years and haven't felt like moving up (which people almost always lose money on).

You're obviously responsible enough to handle the debt so pull the trigger......

Considering you're 58 y/o and possibly putting off a purchase for a couple years I'd ask you this. Do you do your own maintenance ? If you do it consider a C.C. with outboards. Once you get into the 60's are you really going to be able to fold yourself up into positions the body is unable to bend into and crawl around on your hands and knees trying to fix or find something in the bottom or rear of a big block or on the bilge floor ? or inside a dash panel that's way to small to work within ? or replacing gimble rings etc ? I'm 67 in great health, still play hockey and absolutely hate working on these engines/drives anymore and finding good affordable service is rare and rarer yet to find them available when you need them
I plan to sell my current boat and find a simple, accessible for maintenance C.C. soon. All that bling is just useless material add-ons that require additional work.
Now if you pay to have everything done forget what I said.
ed

I like CC's with wackers. I call them SUV (sport utility vessels), very versatile and roomy.

My wife doesn't like them though. I'm not ready to give the roar of a pair of big blocks yet either. I do some maintenance but not too worried about it yet. If I can't then will pay to have it done. Another reason to have a paid for boat.

Thanks. I squandered money foolishly when I was younger. Now I have to go to the other extreme to make up for it!

I'm about the same age as you , how many years do we have left ? Buy your Cig dude while you can still get in it without a walker . :lolhit: :party-smiley-004:

Right On!:lolhit::thankyouthankyou: