What's the secret?
07-31-2016 | 02:44 PM
#41
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Joined: Jul 2010
Posts: 2,835
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People are putting out estimated numbers for normal boats, lets take a look at the other end. A very high performance boat going to several poker runs a year.
Boat (assuming you financed it for 10 years)(just to get a number) $15,000 Per month
Truck to haul it $3,000 per month
insurance for both $2,000 per month
full time Boat hauler/washer/mechanic $5,000 per month
Boat Fuel for one poker run and one fun weekend (116 race fuel) $11,000 per month
Truck Fuel and expences to poker run $2,500 per month
enter poker run plus a few additional hands (fpc) $1,200 per month
rebuild engines, trans, drives,ect. After one season (if your lucky) $3,000 per month
Break a prop, scratch some paint, ect. $1,800 per month
Storage $900 per month
Hotel rooms and entertainment while at poker run $3,500 per month
Flights to get to poker run (assuming you don't have private jet) $2,000 per month
Misc. $2,000 per month
Total $52,900 per month
Per hour total use $7,500 per hour
Don't anyone tell me my numbers are way to high. These are actual costs. I know several guys that spend more then this and would love to only spend this much doing it.
Boat (assuming you financed it for 10 years)(just to get a number) $15,000 Per month
Truck to haul it $3,000 per month
insurance for both $2,000 per month
full time Boat hauler/washer/mechanic $5,000 per month
Boat Fuel for one poker run and one fun weekend (116 race fuel) $11,000 per month
Truck Fuel and expences to poker run $2,500 per month
enter poker run plus a few additional hands (fpc) $1,200 per month
rebuild engines, trans, drives,ect. After one season (if your lucky) $3,000 per month
Break a prop, scratch some paint, ect. $1,800 per month
Storage $900 per month
Hotel rooms and entertainment while at poker run $3,500 per month
Flights to get to poker run (assuming you don't have private jet) $2,000 per month
Misc. $2,000 per month
Total $52,900 per month
Per hour total use $7,500 per hour
Don't anyone tell me my numbers are way to high. These are actual costs. I know several guys that spend more then this and would love to only spend this much doing it.
07-31-2016 | 03:25 PM
#43
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Joined: Jan 2003
Posts: 2,630
Likes: 79
From: Joplin, Mo
The other end of the spectrum. Tristan is really budget conscience.
Cost of boat financed for 5 years $1.03 Per month
Engine ? (paddle) $8
rebuilds $0.10 per month
Truck to haul it. $0.00 (just carry it)
Insurance $0.00 (home owners insurance would cover it)
Fuel $2.40 (1 can RedBull)
Registration $1.80 per month (but hasn't been paid in 5 years)
It may not be the fastest at the poker run but will usually make it home with out breaking down.
Cost of boat financed for 5 years $1.03 Per month
Engine ? (paddle) $8
rebuilds $0.10 per month
Truck to haul it. $0.00 (just carry it)
Insurance $0.00 (home owners insurance would cover it)
Fuel $2.40 (1 can RedBull)
Registration $1.80 per month (but hasn't been paid in 5 years)
It may not be the fastest at the poker run but will usually make it home with out breaking down.
Last edited by BigSilverCat; 07-31-2016 at 03:29 PM.
07-31-2016 | 03:36 PM
#44
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Joined: Nov 2002
Posts: 12,968
Likes: 811
From: On the way to a PR near you
If it's any consolation procharged, I've pondered stealing CashBar's boat and riding off into the sunset toward Cuba, where I would use my prowess and rugged good looks to convince beautiful local women to become a guerrilla army and do my bidding.... But the logistics aren't right at the moment, so I'm stuck in my 24ft'er.
But just to clarify, that thing's insured, right Greg?!
(Dear NSA, please disregard this post, it is not a form of collusion or conspiring)
But just to clarify, that thing's insured, right Greg?!
(Dear NSA, please disregard this post, it is not a form of collusion or conspiring)
07-31-2016 | 03:47 PM
#46
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Joined: Sep 2013
Posts: 1,879
Likes: 8
From: Southeast Michigan
The other end of the spectrum. Tristan is really budget conscience.
Cost of boat financed for 5 years $1.03 Per month
Engine ? (paddle) $8
rebuilds $0.10 per month
Truck to haul it. $0.00 (just carry it)
Insurance $0.00 (home owners insurance would cover it)
Fuel $2.40 (1 can RedBull)
Registration $1.80 per month (but hasn't been paid in 5 years)
It may not be the fastest at the poker run but will usually make it home with out breaking down.
Cost of boat financed for 5 years $1.03 Per month
Engine ? (paddle) $8
rebuilds $0.10 per month
Truck to haul it. $0.00 (just carry it)
Insurance $0.00 (home owners insurance would cover it)
Fuel $2.40 (1 can RedBull)
Registration $1.80 per month (but hasn't been paid in 5 years)
It may not be the fastest at the poker run but will usually make it home with out breaking down.
Unless you plan to just leave her in jail! (Heartless, bro, heartless).
07-31-2016 | 03:54 PM
#47
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Joined: Sep 2013
Posts: 1,879
Likes: 8
From: Southeast Michigan
Way to go, dream crusher!
07-31-2016 | 07:41 PM
#48
Charter Member
Joined: Feb 2001
Posts: 1,061
Likes: 1
From: Granger, IN
07-31-2016 | 08:25 PM
#49
Gold Member
Joined: Jun 2014
Posts: 3,615
Likes: 1,242
From: Thailand
Cost of ownership, I've always worked around the 10% rule of thumb and never been far off.
Whatever your boat cost you to buy, you'll spend about 10% of that every year just to own it. Storage, insurance, annual service, general maintenance. This does not include fuel, repair bills for mechanical failure and incidental damage, or payments (if she's financed).
100k boat = 10k per year. 200k boat = 20k per year.
Trying to factor in everything that could, or may happen is too hard, I just count the 'non variables' that I know I'm up for every year and then hope the rest is under control. Not many people know how many times they're going to use their boat in a year or how many things will go wrong.
RR
Whatever your boat cost you to buy, you'll spend about 10% of that every year just to own it. Storage, insurance, annual service, general maintenance. This does not include fuel, repair bills for mechanical failure and incidental damage, or payments (if she's financed).
100k boat = 10k per year. 200k boat = 20k per year.
Trying to factor in everything that could, or may happen is too hard, I just count the 'non variables' that I know I'm up for every year and then hope the rest is under control. Not many people know how many times they're going to use their boat in a year or how many things will go wrong.
RR
