First Time Buyer Advice

Old 11-25-2003, 06:12 PM
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Originally posted by rainmn
Looks like fuel is missing from that equation.
nope fuel consumes no cost... the boat is always broken

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Old 11-25-2003, 07:47 PM
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Originally posted by NickOTeen
Hey Jayhawk! Where are you from? Are you watching the game tonight?
Hey Jayhawk were are you from? Were are you gonna boat? NickO how about you? We have quite a large group that boats at Perry and LOTO. I work and live in JOCO.

I'll be watchin the game for sure at the fire house. (calls permitting)
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Old 11-25-2003, 07:52 PM
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SY You have me laughing my azz off here! But that about sums it up .

My ex bought me a wall plaque " To experience owning a boat stand in a cold shower and tear up $100 dollar bills" That is a close one also.
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Old 11-25-2003, 10:18 PM
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$50.00/hour when its running.

$500.00/hour when its not
Old 11-25-2003, 10:39 PM
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After careful consideration of all the costs...better figure it's probably low because you certainly missed something or under estimated something else , or worse , both
We're all crazy on here

Good luck
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Old 11-25-2003, 10:50 PM
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Default Re: First Time Buyer Advice

Originally posted by Jayhawk
I am looking to buy my first boat and want to make sure I can afford it. I have a good idea of the cost of the boat, insurance, and storage. What are my ballpark maintenance and other expenses going to be? I am looking at something in the 25-32 foot range that will be kept in a wetslip.

I'll try to answer your question.

I assume your are in some type of fresh water lake since you have a "wet slip". Bottom painted boats are cheaper and probably preferable to you.

Stick with a cheaper single to learn. If you don't like the boating lifestyle your loss will minimal. If you get bit then upgrade.

Insurance can range between $250-$5000/year depending on speed and your experience. Stay under 60mph and you will probably be around the $250 mark.

Local storage is locally priced.

TAKE A SAFE BOATING COURSE! Cheaper insurance and you learn the rules of the road.

(spell check not working sorry)
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Old 11-26-2003, 06:42 AM
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Jayhawk - I saw a survey once that said the average annual cost was 15-25% or the purchase price per year. Unfortunately that seems to be just a little low from my experience.

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