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Boat cost per trip/day out?
I realize fuel is a concern now and should be but I’m curious as to what boaters here cost per day is. If you calculate payments, insurance, dockage, repairs, maintenance, storage, misc expenses boat related. Annual expenses divided by how many times you use it (approx).
Numbers will be all over the board. I sense some pretty costly days on the water. |
Originally Posted by getrdunn
(Post 4824307)
I realize fuel is a concern now and should be but I’m curious as to what boaters here cost per day is. If you calculate payments, insurance, dockage, repairs, maintenance, storage, misc expenses boat related. Annual expenses divided by how many times you use it (approx).
Numbers will be all over the board. I sense some pretty costly days on the water. 2. Don't want to know! 3. If I knew most likely would sell boats! 4. If I did know would never tell my wife!! 5. That about sums it up from my point of view! |
Originally Posted by abones
(Post 4824309)
1. Don't know never calculated!
2. Don't want to know! 3. If I knew most likely would sell boats! 4. If I did know would never tell my wife!! 5. That about sums it up from my point of view! |
A day out on the water in my boat? Priceless.
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Number 4 actually doesn't apply for me since my wife ok'd the makeover last year and also wanted the superchargers, as well. She's the one who has the debit card on the weekends at the lake, expenses are no hidden thing. I can say boating for us is cheaper than having kids these days.
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Originally Posted by bencini231
(Post 4824318)
Number 4 actually doesn't apply for me since my wife ok'd the makeover last year and also wanted the superchargers, as well. She's the one who has the debit card on the weekends at the lake, expenses are no hidden thing. I can say boating for us is cheaper than having kids these days.
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Originally Posted by abones
(Post 4824309)
1. Don't know never calculated!
2. Don't want to know! 3. If I knew most likely would sell boats! 4. If I did know would never tell my wife!! 5. That about sums it up from my point of view! I like #2 and get it. 👍. What made me think about it was some of the comments regarding the higher fuel prices VS your already fixed costs wether you use the boat or not. So…. :boat: |
Originally Posted by F-2 Speedy
(Post 4824320)
My youngest daughter just got engaged and Im sure the wedding is gonna cost a whole bunch of gallons of fuel..........but she's worth it......:drink:
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My boat costs 5-6k to own per year…that’s just storage and insurance. Almost 500$ per month…kinda sickening. I usually stop running the numbers after that.
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Originally Posted by bencini231
(Post 4824318)
Number 4 actually doesn't apply for me since my wife ok'd the makeover last year and also wanted the superchargers, as well. She's the one who has the debit card on the weekends at the lake, expenses are no hidden thing. I can say boating for us is cheaper than having kids these days.
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No payment so that helps. Storage cost is $900 per year. Insurance is $250 per year. Typically take the boat out ~20 days a year (1150/20=$57). Figure ~$200 per day for fuel. So...roughly $257 per day.
Back when I had payments and high personal property tax and other expenses, I'd calculated my cost of ownership at around $800 per day. The folk with multi-hundred thousand dollar boats, stupid high insurance and storage fees...I am sure you don't really want to calculate it, lol! |
Between the 2 boats spent 16-18 last year in storage, insurance, fuel. Maintenance on top of that.
We sleep on the cabin cruiser 3 nights a week, use the outerlimits on Sundays usually. Only used it 8 times last year. I won’t divide what I paid for them into this equation ever lol |
Storage $500.00 a month until my building is done at LOTO, insurance $650.00 a month, fuel every time is a min. of 80 gallons going no where special and up to 400 gallons if we really run hard. May - October my guess is we will use the boat 60 days (this is one boat out of the fleet). There is NO WAY to make it equal sensible or rational, but what addictions are?
Joe |
Living in virginia and having kids that play competitive soccer hurts the equation. We only use it a half a dozen times a year so when you factor in insurance, maintenance (both preventative and repair), taxes, cost of ownership of a second property to store it on, fuel, lunch costs, etc.... you realize what a terrible waste of resources it is. That said, i cant wait for summer!!!!
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Not going to attempt to calc the day cost. I don’t want to know. But the tow rig fuel definitely outweighs my boat fuel, which is going hurt. Wish I lived closer to a good body of water.
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The silver lining in this thread will be for those unfortunate people (like me) who are currently boatless.
While ‘boatlessness’ is not exactly where I’d like to be at the moment, this is a great reminder of how much I should be saving each month towards my next purchase. 🙂 RR |
Having the boat on a hoist in the back yard absolutely helps. The wife is always commenting on the fuel usage. We went from a single 502 in a 5,000 pound boat to twin 454s in an 8,000 pound boat, a lot more feul. But, to us, the joy of being on the water and hanging with friends is absolutely worth it.
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I’d rather look down the barrel of my .357 loaded than add up these costs...
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Originally Posted by IGetWet
(Post 4824457)
I’d rather look down the barrel of my .357 loaded than add up these costs...
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Isn't the saying I spent all my money on hookers, booze and boats,
the rest I wasted? |
Originally Posted by Wildman_grafix
(Post 4824487)
Isn't the saying I spent all my money on hookers, booze and boats,
the rest I wasted? |
Last time gas was crazy high I was at the gas station dropping in about 50 gallons of fuel to run around a bit. Guy walked up and asked, "How do you put $4 a gallon gas in that thing?" Deadpan face, I turned and pointed at the filler....."It goes right here!" :rolleyes:
The first time I completely repowered it (years ago), I did try to figure out the cost per outing that first summer it was done, using gas on the water, gas to get there, goodies, and dividing the repower costs, it was about $1800.00 a day. Cheap at twice the price! |
Originally Posted by Unlimited jd
(Post 4824352)
Between the 2 boats spent 16-18 last year in storage, insurance, fuel. Maintenance on top of that.
We sleep on the cabin cruiser 3 nights a week, use the outerlimits on Sundays usually. Only used it 8 times last year. I won’t divide what I paid for them into this equation ever lol |
Originally Posted by F-2 Speedy
(Post 4824503)
this is why I built my shop..............:D.......doesn't take long to pay for one
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Originally Posted by getrdunn
(Post 4824505)
What size you build?
https://cimg5.ibsrv.net/gimg/www.off...28be062d50.jpg https://cimg1.ibsrv.net/gimg/www.off...054126ff5.jpeg |
Originally Posted by F-2 Speedy
(Post 4824507)
24' x 50' x 14' walls its as big as the county would let me build
https://cimg5.ibsrv.net/gimg/www.off...28be062d50.jpg https://cimg1.ibsrv.net/gimg/www.off...054126ff5.jpeg |
10x10 and 10x13..............13' footer is for a Clark Grizwald motor coach...........:D
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You won't tell stories and have fond memories of the money you conservatively invested. The money you "wasted" on the other hand... Those times are irreplaceable. It's better to burn out, than fade away!
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I sincerely believe that. My dad died at 48. Man I have some great memories. Live your life. It's too short to worry about things you can't control.
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Originally Posted by F-2 Speedy
(Post 4824503)
this is why I built my shop..............:D.......doesn't take long to pay for one
Been trying to find a commercial building with several bays to rent or lease. Keep a bay for myself |
Originally Posted by 1983ScarabIII
(Post 4824518)
I sincerely believe that. My dad died at 48. Man I have some great memories. Live your life. It's too short to worry about things you can't control.
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Originally Posted by Unlimited jd
(Post 4824520)
I hear ya, can’t drag the cabin cruiser home, 12’ wide 16’ high, and we’re not in our forever home yet, so I’m not building a shop to give someone else a few years from now.
Been trying to find a commercial building with several bays to rent or lease. Keep a bay for myself |
She’s little, 35’
https://cimg1.ibsrv.net/gimg/www.off...4ec837d53.jpeg |
I wish I still had a boat. We sold the boat and now have five horses, tractor and all the other horse expenses. There is a reason they call them hay burners.
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Originally Posted by KCHOTBOAT
(Post 4824549)
I wish I still had a boat. We sold the boat and now have five horses, tractor and all the other horse expenses. There is a reason they call them hay burners.
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Originally Posted by Unlimited jd
(Post 4824520)
I hear ya, can’t drag the cabin cruiser home, 12’ wide 16’ high, and we’re not in our forever home yet, so I’m not building a shop to give someone else a few years from now.
Been trying to find a commercial building with several bays to rent or lease. Keep a bay for myself |
All of the cheaper warehouses around here have turned into Weed Grows. Prices went crazy because of it. Thankfully I got ours several years ago. BUT it sure does Smell good in the Hood now :evilb:
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