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Originally Posted by I.C.U.Lookin
(Post 4450203)
Yeah but they are spending 3200 a month in child care and car payments. There's all the hobby money right there.
That 15 minutes of Fun they had one driunkin night is their hobby for the next 22 years. Kids are insanely expensive with their needs and wants these days. I bet my dad raised and fed our family of 10 on less than half of what many spend on 2 kids these days. Even in today's dollars. |
Originally Posted by tbirdusa
(Post 4450195)
My daughter and her husband bring about $80.000 a year home. Yu would think f they wanted, they could swing a boat. I have been through the envelope system with her and t ain't there. Between day care at 500 a week, car payments of 600"a month, then throw n insurance, hospital bills form two extended stay births, the price f df and gas, a boat has no place in their budget.
I say the because, 80g a year seems like enough to live out your hobby, instead they live it out on my boats. We make over six figures combined with no kids and while I am sure we could swing another bigger boat it would be tight or one large expense till it's a paper weight for a few months. Rent alone for a our town home with no storage place for a boat is $1250. Things are expensive these days for sure. I couldn't imagine adding kids into the mix. |
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Originally Posted by pstorti
(Post 4450078)
Dean what makes it good to 55-60, stainless frames and supports and hardware? Or is it also the shape?
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I'm 32. The wife and I make 120k combined. We have one $480 car payment, live in a 125k house, and have maybe $250 a month in credit card payments. I have 23k into my boat, no debt against it. That's the best I can do right now. The money just doesn't go far enough. Thank god we don't have student loans.
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Yea....kids are expensive. My wife and I pay $1800 per month for daycare...and that's actually a pretty good deal.
Sometimes I like to daydream about the boat I could buy with that extra $1800 per month when the kids go to school. But then I realize that it will be another 20 years before I see any of it, since it is getting shifted from daycare expenses into their college savings account when they start school. At least they help me clean the boat :) |
I have 2 kids, 11 & 8. Both play multiple sports, 1 is currently playing travel softball. Wife just lost a very high paying IT consulting job, I'm a Project Engineer for a large manufacturing company that is going through tough times. Thankfully we sold a house and purchased a bigger one during the height of the real estate market so we made out well. My 2007 boat has been paid for and my 2008 Duramax is paid for. Unfortunately, with retirement saving and college tuition on the horizon, there are no plans for a new boat or truck. A new Duramax is 60+K, and we all know the cost of a new boat. I had my sites on a 32 footer, a nice step up from my 27 footer. But no way we can swing it. Like others have said, the cost of a slip for the summer, lake vacations, fuel as well as the crazy prices of new boats, there's no way we can move up to a bigger one. At this point my 496 only has 350 hrs and has treated me well. Just have to keep her purring, keep the boat looking showroom new and hope prices come down. Cause income sure as hell aint going up!
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Originally Posted by Wildman_grafix
(Post 4450055)
With what a lot of people are saying you would think AT wouldn't be able to keep up with the 29-33 OB model orders.
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My first three calls when I hit the lottery will be:
Cash Bar for a SoFlo crib, Pat at AT for a red 33', and Kevin at Progression for a red 29'.... Unfortunately, until those numbers come in, the only thing that would be in the red with those purchases would be my bank account! |
Originally Posted by tommymonza
(Post 4450205)
That 15 minutes of Fun they had one driunkin night is their hobby for the next 22 years.
Kids are insanely expensive with their needs and wants these days. I bet my dad raised and fed our family of 10 on less than half of what many spend on 2 kids these days. Even in today's dollars. |
Originally Posted by tbirdusa
(Post 4450195)
My daughter and her husband bring about $80.000 a year home. Yu would think f they wanted, they could swing a boat. I have been through the envelope system with her and t ain't there. Between day care at 500 a week, car payments of 600"a month, then throw n insurance, hospital bills form two extended stay births, the price f df and gas, a boat has no place in their budget.
I say the because, 80g a year seems like enough to live out your hobby, instead they live it out on my boats. |
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Originally Posted by Dean Ferry
(Post 4450270)
The all stainless steel frame and the thickness, (Can't remember what gauge it is) there are no straps, and the mount points are ball and socket, makes it tight as a drum when up. And they are not CHEAP, the 1 for the 388, (9 foot long) was $1,200.00 CBC canvas here on Merritt Island do a great job, they used to work for Eliminator....
- but the ball joint type mount I use is acon- Ive had this bimini up at 85. Ive had to tighten the fabric up a bit over time, but its solid as a rock with three mount points on one side and 4 on the other.'' ...and yes sadly, this sport is in a freefall plunge. UD |
Originally Posted by Jupiter Sunsation
(Post 4450451)
Yeah he could do that with all the money he saved by not buying condoms! :D :D
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I already have the bimini top, Sunbrella but with aluminum frame and plastic hardware, except for the main mounts which are the quick release stainless ones I added on. So if I change the whole frame out for stainless and replace the straps with stainless poles and replace the plastic with stainless hardware I should be good to go. My bimini mounts behind my T-top right up against it and it is 8' x 8'. I got it from http://www.biminitopusa.com/home/index and it was cheap like less than $400. To buy all the stainless hardware and frame is another $350 or so. My boat tops out at 58 so max cruise for me is 50 and I usually run 35-45.
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i would say i fall under todays generation. I am 26 married with 2 kids. own my own house, have 2 reliable cars, and just got a 88 formula 242 as my first boat. its the cost of owning a boat combined with todays living expenses which make it hard. We both work our butts off to get what we have. We make ok money for our age but far from great or well off. after paying our house payment, 1 car payment, health insurance through my work but it still cost me, contributing to our 401k, insurance for everything, daycare, putting money in savings, cost of raising 2 kids, then just every day living expenses someone my age can only dream of owning a boat let alone something 100k+. I had to settle for something 28 years old and even that was top of the budget. I do not know how some of you do it but I do not ever see owning a boat even over 30k in my life time.
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I am early 50's, no kids or wives/ex wives.
If I had got married and had kids at a 'normal' age I would never have had enough money to enjoy the different boats over the years. I do admire younger people who work hard and manage to balance a home and family on a sensible income and still have enough left over for a boat. I retired young and have had a few toys over the years, lost money on every single one of them. Some of my friends say they envy me for my lifestyle and can't believe how well I've done. The answer is simple, no kids. I simply point out, if they had never had kids and invested sensibly, they would be in my position or probably better. Cost of raising a family nowadays is horrendous. Comparing it to boat ownership, I think they've both gone up at about the same ridiculous rate. Take the money for baby gear, education, clothing, entertainment, holidays etc and put it in a boat fund, you'd have your dream boat! That said, I've spoken to friends with kids and asked would you want to trade all your family experiences and raising kids for my boating adventures and early retirement? The answer comes back immediately, NOT IN A MILLION YEARS! I take my hat off to anyone raising a family in the 21st century and if you can include ANY kind of boat as well then you're doing extremely well. BTW, If there were more selfish people like me, there wouldn't be a younger generation so our hobby would be in ever deeper sh!t than it already is. Make decisions in life, prioritize sensibly and run with it as best you can. Follow your heart and if you love boats, there will always be something out there in a budget that suits your priorities. RR |
Good post Rak. Makes me slightly jealous, but at the same time, my time my own boating adventures wouldn't be as fun without my first mate, navigator, and boatswain.
My little girl's excitement for boating has almost eclipsed mine on most days...which makes me laugh, because I didn't think that was possible. I feel fortunate that I am in a good financial position so that I can share my love for fast cars and cool boats with them, and I really enjoy watching the passion develop within them. Hopefully I can position them well enough to be successful on their own so that they can explore the sickness....er...I mean hobby on their own when they grow up. http://i235.photobucket.com/albums/e...psduiugcge.png |
This is depressing to read while I have 100k in drivetrain sitting here to put in a 20yr old boat.... 33yo now married with a 2.5yo and a 4month old.... I just cant imagine being broke for any other reasons lol
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If you want another hobby to break you buy a Jeep. I thought boat parts were expensive... :poopoo:
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I am also lucky to have family that loves go fast boats. The other morning my wife was bringing my two kids to school and said maybe we should sell are big boat and buy a boat we could ski and fish from. My 12 year old daughter who is pretty quit and not out spoken told mom that she was a disgrace to the family! Me and my wife laughed about that one. I am raising some more kidds that can join our sickness. :) But is a great family sport. My 14 year old boy (going on 18) and his buddys are always excited to go boating.
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And yet, despite the decline there are more go-fast boating events (poker runs, etc.) than ever. Funny.
There is no denying the decline. While the custom go-fast boat market lost a few players after the recession and now seems relatively stable and sustainable, the production-built performance boat market is still finding whatever new footing is there for it. Huge change. But, Nor-Tech Sport 390 center console hull 100 was the one that went 101 mph and was at the Miami Show this year. Think about it. They've built 100 39-foot center consoles—I don't know how many of the smaller ones they built—since 2010. That's about 25 a year. Were they building a combination of 25 V-bottom sportboats and catamarans annually in the years prior? Mystic built a handful of 50-foot catamarans before it introduced its center console last year, right? You probably knew about every one of them. Since then, the company has sold 25 center consoles and is finishing up hull No. 15. No doubt there has been a seismic shift, a huge decline in the market. But performance-oriented center consoles have become not just a legitimate segment, but a driving segment of the market. Yes, it's changed and contracted—you'd have to be blind not to see it—for a host of different reasons. And yet, there's still life and the overall market is interesting and, for some builders, quite healthy. |
Originally Posted by rvtransport
(Post 4450691)
I am also lucky to have family that loves go fast boats. The other morning my wife was bringing my two kids to school and said maybe we should sell are big boat and buy a boat we could ski and fish from. My 12 year old daughter who is pretty quit and not out spoken told mom that she was a disgrace to the family! Me and my wife laughed about that one. I am raising some more kidds that can join our sickness. :) But is a great family sport. My 14 year old boy (going on 18) and his buddys are always excited to go boating.
Was out running errands last year with my daughter. Little did I know, she found the Sunsation brochure I had in the back seat (from back when they actually made sport boats....) and suddenly she pipes up "Daddy, we should get another boat for if ours breaks...I like this one!" If only I had 36 SSR money, sweetie. haha. https://scontent-ord1-1.xx.fbcdn.net...46404418_o.jpg |
Originally Posted by rvtransport
(Post 4450691)
I am also lucky to have family that loves go fast boats. The other morning my wife was bringing my two kids to school and said maybe we should sell are big boat and buy a boat we could ski and fish from. My 12 year old daughter who is pretty quit and not out spoken told mom that she was a disgrace to the family! Me and my wife laughed about that one. I am raising some more kidds that can join our sickness. :) But is a great family sport. My 14 year old boy (going on 18) and his buddys are always excited to go boating.
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Originally Posted by Wasted Income
(Post 4450698)
Love it! lol.
Was out running errands last year with my daughter. Little did I know, she found the Sunsation brochure I had in the back seat (from back when they actually made sport boats....) and suddenly she pipes up "Daddy, we should get another boat for if ours breaks...I like this one!" If only I had 36 SSR money, sweetie. haha. https://scontent-ord1-1.xx.fbcdn.net...46404418_o.jpg |
think Jeep parts are nothing compared to boats, you ever price headers manifolds ? engines ?
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Originally Posted by hotrodford
(Post 4450723)
think Jeep parts are nothing compared to boats, you ever price headers manifolds ? engines ?
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Originally Posted by hotrodford
(Post 4450723)
think Jeep parts are nothing compared to boats, you ever price headers manifolds ? engines ?
That said, when I was in a hospital bed dying of kidney cancer 4 years ago I was not sitting in the bed wishing I had worked harder and had less fun. UD |
Originally Posted by Knot 4 Me
(Post 4450681)
If you want another hobby to break you buy a Jeep. I thought boat parts were expensive... :poopoo:
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Originally Posted by Uncle Dave
(Post 4450726)
Lots of other fun ways to flush any "excess" money you may have laying around.
That said, when I was in a hospital bed dying of kidney cancer 4 years ago I was not sitting in the bed wishing I had worked harder and had less fun. UD |
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Originally Posted by I.C.U.Lookin
(Post 4450743)
Glad you're still with us. Good luck!
Your time here on the water with us is finite my friend.... UD |
Originally Posted by Jupiter Sunsation
(Post 4448833)
I do minor mechanical in my driveway (oil change, tire rotation, wheel bearings on trailers etc). Neighbor and his kid (sophomore in college) were driving 1200+ miles in a beater so the kid could play summer baseball (kid got drafted out of high school by MLB, chose college instead and won college world series as a freshman).....kid has talent on the field. So I ask did you do a once over on the 15 yr old, 180K mile beater?......nope. Could have been a bad road trip starting off.....Spare....dead flat. Front passenger tire 22 lbs, oil a quart low. So as I am going over the car, I tell the dad it would be good if Jr. learned a few things. He didn't know how to work a tire gauge! Oil/tranny fluid check was easy enough but not sure he could locate both. This kid is not mechanical at all, my guess is he would never own any type of I/O and if he did own an OB then it would be used like a car (turn the key and go, call someone if it doesn't start).
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Originally Posted by 3pointstar
(Post 4449055)
OH Have I Got A Story For All
We have been blessed to have a summer place in southern Michigan - inland lake - very nice and for the most part quiet. We have our 226 Cobalt out there most of the time and enjoy the skiing, tubing and just being on the water. We have neighbors that can't find their bottom with both hands. Talk about DUMB -- not stupid -- DUMB. For the most part the homes around the lake are seasonal. While many have central heating/air-conditioning mostly everyone does not keep the heat on during the winter and drains their water systems. The 1st year that her neighbors had their summer home they decided not to drain the water nor keep the heat on. As a result when they showed up in the spring there was water almost everywhere. The commodes cracked pipes split-and the long and short -it was a mess. Of course they have funds to call a plumber, carpenter and have everything replaced/repaired. So the next year one would have assumed that they would have drained the water or at least keep the heat on. WRONG!! I kid you not for the next 3 years they did not change this behavior and for 3 years in a row they had plumbing and floring issues in the spring. In fact they have replaced their water heater no less than twice because it froze and cracked. Now we are not talking about stupid people. One of the owners is an attorney and the other is a IT administrator. But they do have an attitude well if it breaks we have enough money to just call somebody to have it fixed. Regarding their boats-this is another story. They have owned this summer place for approximately 8 years. Within that. They have replaced a pontoon boat twice-not because it was inadequate for the use- it was for lack of common sense maintenance and upkeep. Seats were left exposed, water would set in the wells and mold and rot settled in. When the Marina came to pick up or drop off the pontoon boat I spoke with the delivery person. He mentioned that there were 3 or 4 batteries in the boat that were perfectly good except that they were discharged and needed a charging. What the owner did was leave the radio on and the battery would drain. Instead of charging the battery he would just go out and buy a new one and leave the old one somewhere in the boat- some of the acid leaked out and wrecked the floor. Their speed boat and boat lifts are another story. The 1st week that they had the boat they didn't realize that out drives don't work well in shallow water and proceeded to rip the lower end off the boat. Of course they had that replaced. I've lost count on the number of propellers that have been replaced on the boat for sitting something or having the ski rope wrapped around it. They haven't changed the fuel filter or cleaned the air cleaner since new- at least they have the marina drain the block and change oil once a year. Then they complain that the boat is running right - and when the marina says they needed to do x y and z as routine - they didn't do it because it seemed to cost too much. Then we have the boat lift - The bunks are rotted and the carpet is all but gone. Rather than replace the wood they turned the bunks on edge and are using that to support the boat. However, the brackets that held the bunks extend about an inch on either side of the wood and are now being gouged into the fiberglass. Realizing that that was not a good thing they now have the boat on the boat lift but most of the boat is still in the water because they can't raise it up to get it out of the water without putting a hole in the bottom -- but don't have the sense to fix the primary cause. Far be it from me to comment on their party/drinking activities but they literally have a outbuilding that is filled with beer cans and bottles because they haven't had sense enough to thrown them in the trash. They have more trees on the property than you can shake a stick at - do them trim them - NO. So each year we have their branches into our yard and we haul away. The real problem is that some of the upper branches are rotted and it is only a matter of time before one goes down thru their house. They have a cleaning service that comes out once a week to clean the interior of their house and a lawn service to mow the lawn. So from the outside things look relatively well-maintained but when you get to the nitty-gritty they don't know and they don't care. It really makes me sick to see people that have been given so much and yet can't take care of the basics. 3pointstar This makes me glad I have a boat I can take out on Lake MI and get away from homeowners. However, there are always storage challenges on where to put all those empty beer cans. LOL! |
Originally Posted by Wasted Income
(Post 4450301)
Yea....kids are expensive. My wife and I pay $1800 per month for daycare...and that's actually a pretty good deal.
Sometimes I like to daydream about the boat I could buy with that extra $1800 per month when the kids go to school. But then I realize that it will be another 20 years before I see any of it, since it is getting shifted from daycare expenses into their college savings account when they start school. At least they help me clean the boat :) |
Not seeing this in upstate ny, boat slips on Lake George and Sacandaga are are in high demand and virtually in possible to find. There is not doubt that there is a new and younger generation getting into boating. At least that's the case around these parts.
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Around here Dean Ferry is doing his best to make up for non boaters. 4 performance boats and not one for rent!
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Originally Posted by Wildman_grafix
(Post 4450948)
Around here Dean Ferry is doing his best to make up for non boaters. 4 performance boats and not one for rent!
Some guys can brag they own 3-4-5 boats but not one of them is turn key, water ready. Dean's whole fleet is ready to go, fuel in the tanks and shade under the biminis! |
I'm going to throw my worthless observation in on this topic. I have spent the last 8 days in Panama City beach FL(daughters dance competition "yea I know it's why can't get a bigger boat")and being a motor head (muscle cars and power boats) I have not seen one offshore power boat even at the level my 26 donzi is here after being at 4 different marinas and out the water. To BUP's earlier point the outboards have taken over. This is very disappointing for an OSO fan in Florida. There are more performance boats in the DFW TX metroplex lakes on any given weekend than I have seen in the FL Panhandle so sad and this is my second time here and my wife and I really want to move here when Kids are grown. I know some of you guys in other parts of the state of FL may have it different but this was my take on it and the weather has been amazing this week too. While eating at local water side small restaurant I couldn't imagine not hearing any above water exhaust. I wanted to bring my boat down here and disappointed I didn't, but think I would have been looked at like a crazy person the first time I bump the key and hear the noise we all on this board love and fuels our veins. We are rare breed and it's only getting more scarce truly sad. I get the appeal of center consolesla and outboards for low martience but couldn't imagine the rarity power boats here and the thump of a BBC.
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I'll toss my 2 cents in.
Been boating since I was 16 8 used boats later we were in a 92 Formula SR1 271 with a 454 Magnum. Not the fastest pocket offshore to be sure but it was ours and I did all the maintenance on it. Just sold it after 2 years of having it listed locally. We lost the most money on the best boat we have owned. For exactly the same reasons as many on here, we have decided to take a step back and look for something more practical with less expense and more storage. There is nothing like changing out a raw water pump in the bilge on a 90 degree day that makes you wish you owned an outboard. . While I liked the big block and noise it made, the Formula was a ton of work to keep it polished up and clean all the time and it could get cramped with 2 couples aboard for 5 hours.. Thank god we are trailer trash boaters, we never left it in the water, I can't imagine how much more difficult it would have been keeping it nice then. In any event, we will maybe take a year or 2 off and look for a CC on a trailer in the 23 to 25 ft range anything from a mid tier to upper tier manufacturer that is powered properly. (can't tell you how many CC boats I see in this size range that are under powered for the amount of people and stuff you can fit on them) |
Originally Posted by Donzi1979
(Post 4453134)
I'm going to throw my worthless observation in on this topic. I have spent the last 8 days in Panama City beach FL(daughters dance competition "yea I know it's why can't get a bigger boat")and being a motor head (muscle cars and power boats) I have not seen one offshore power boat even at the level my 26 donzi is here after being at 4 different marinas and out the water. To BUP's earlier point the outboards have taken over. This is very disappointing for an OSO fan in Florida. There are more performance boats in the DFW TX metroplex lakes on any given weekend than I have seen in the FL Panhandle so sad and this is my second time here and my wife and I really want to move here when Kids are grown. I know some of you guys in other parts of the state of FL may have it different but this was my take on it and the weather has been amazing this week too. While eating at local water side small restaurant I couldn't imagine not hearing any above water exhaust. I wanted to bring my boat down here and disappointed I didn't, but think I would have been looked at like a crazy person the first time I bump the key and hear the noise we all on this board love and fuels our veins. We are rare breed and it's only getting more scarce truly sad. I get the appeal of center consolesla and outboards for low martience but couldn't imagine the rarity power boats here and the thump of a BBC.
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I maybe out boating for right now. Like I mentioned in the other thread. Next fall going to College. Graduate and be in a much better field than what I'm in. That will have a better future and more income. In 5 to 10 years I would like to get another boat. I'm going to downsize from Baja 25 Outlaw to a Baja Hammer. The Baja hammer will be more practical for me. I'm only going to use that boat on inland lakes and rivers. To keep the boat on a lift at my parents lake house. The biggest boat that you could run up there would be 25'. The waves are 1' tall once in a while maybe 2'. Also with the Baja Hammer it'll be easier to tow, launch, retrieve, cheaper gas, storage, and insurance. It still goes the same speed as the outlaw25 which is 70mph.
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