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2 questions on Boating Costs
Posted on 8/9/16 at 4:15 pm
Posted on 8/9/16 at 4:15 pm
1. I'm looking at pre-owned boats right now and wondered outside of a test ride and getting a copy of maintenance schedule, what else would you want to see/get? Updated compression test if one hadn't been recently run, etc.
2. I'm working on a budget right now and understand that there will be much more to pay for in terms of fixed annual costs than a note. My figures are assuming 22-24' 4 stroke in the 250-500 hour range: outside of storage ($1,500), insurance ($500), and maintenance ($1,500), what am I leaving off? Variable costs per trip would of course be fuel, beverages, ice, etc.
2. I'm working on a budget right now and understand that there will be much more to pay for in terms of fixed annual costs than a note. My figures are assuming 22-24' 4 stroke in the 250-500 hour range: outside of storage ($1,500), insurance ($500), and maintenance ($1,500), what am I leaving off? Variable costs per trip would of course be fuel, beverages, ice, etc.
11
Posted on 8/9/16 at 4:23 pm to Larry Gooseman
You better have a 500 dollar bill ready to burn before you splash it in saltwater.
Posted on 8/9/16 at 4:36 pm to Larry Gooseman
quote:
copy of maintenance schedule
Posted on 8/9/16 at 4:53 pm to Larry Gooseman
How often do you realistically plan to use boat?
Posted on 8/9/16 at 4:56 pm to Larry Gooseman
For me I burn about ten gallons driving my truck back and forth. About 15 gallons to run 60-80 miles for my boat. And 40 to 60 dollars at the launch depending on how much bait I'm buying.
Posted on 8/9/16 at 5:35 pm to Larry Gooseman
there is no budget when it comes to a boat
It will always cost 3x more than you though and take twice as long
It will always cost 3x more than you though and take twice as long
Posted on 8/9/16 at 6:08 pm to Larry Gooseman
I don't spend that much on maintenance every year, but I doubled what you have this year. Most years I just pay for filters and oil and a few randoms so call it a couple hundred.
This year I put on an all new suspension and axle (just parts). Got a new lower unit (SEI) and had all water cooling passages walnut blasted. Its a 2002 I bought used 4 years ago and I flush every trip.
I currently store my boat in Houston for $60/month outdoors, but looking to stash it indoors in Dickinson/San Leon for $93/month on a 6 month contract.
I generally burn about $25-$50 in boat gas a trip plus the 100 mile round/trip from Houston (Garden Oaks) to Texas City or Hitchcock. I tow from Houston, but looking to keep it down there as I end up fishing East or West Bay 90% of the time, which is my childhood stomping grounds.
I'm on an 18' Gulf Coast Classic with a 150 VMAX.
This year I put on an all new suspension and axle (just parts). Got a new lower unit (SEI) and had all water cooling passages walnut blasted. Its a 2002 I bought used 4 years ago and I flush every trip.
I currently store my boat in Houston for $60/month outdoors, but looking to stash it indoors in Dickinson/San Leon for $93/month on a 6 month contract.
I generally burn about $25-$50 in boat gas a trip plus the 100 mile round/trip from Houston (Garden Oaks) to Texas City or Hitchcock. I tow from Houston, but looking to keep it down there as I end up fishing East or West Bay 90% of the time, which is my childhood stomping grounds.
I'm on an 18' Gulf Coast Classic with a 150 VMAX.
Posted on 8/9/16 at 6:24 pm to Larry Gooseman
In addition to boat maintenance, you need to factor in new tires and batteries every 3-4 years. Trailers take up a lot of maintenance costs, I store boat at home so save a lot on storage but have to invest a lot in trailer (pull 5-6 hours every time I fish). Just put $1300 into it after spinning a bearing and getting new axle, all new springs, shackles, hub etc.
Posted on 8/9/16 at 8:32 pm to Larry Gooseman
Owning a boat is never an economic windfall- it is a bucket with holes, you will spend lots of money but hey it is entertainment and that cost money,
IF you really don't know boats and motors- take someone with you who can listen to a motor, drive a boat and give you a good sea trial. Pay a mechanic 100 bucks to go with you. Best money you will ever spend
I sold a boat to a guy who knew nothing. He called me for three days claiming I ripped him off.
Once he settle down I got him to tell me what was wrong.
Problem was simple He did not know how to start the boat and ran the starter with the safety on/off toggle in the off position and kept cranking till he overheated the engine and tripped the reset button.
If you don't know what you are doing don't be afraid to admit it. Learn the right way
IF you really don't know boats and motors- take someone with you who can listen to a motor, drive a boat and give you a good sea trial. Pay a mechanic 100 bucks to go with you. Best money you will ever spend
I sold a boat to a guy who knew nothing. He called me for three days claiming I ripped him off.
Once he settle down I got him to tell me what was wrong.
Problem was simple He did not know how to start the boat and ran the starter with the safety on/off toggle in the off position and kept cranking till he overheated the engine and tripped the reset button.
If you don't know what you are doing don't be afraid to admit it. Learn the right way
Posted on 8/9/16 at 9:15 pm to Larry Gooseman
Two things you need to do.
1. shite in one hand
2. Eat the shite out of that hand
Welcome to boat ownership
1. shite in one hand
2. Eat the shite out of that hand
Welcome to boat ownership
Posted on 8/11/16 at 9:41 am to Larry Gooseman
Your numbers arent too far off, but...
You will want new tackle more often, better rods and reels, upgrade electronics at least once, maybe a new trolling motor along the way, maybe add a powerpole, a new radio and some better speakers...
Maybe a new seat... Just seems there's always something.
If you happen to have a good friend that you get along great with, and like to fish with, going in halves makes the dollars much less painful.
All that said... Do it! Try to buy it right so you can get out easily if it becomes too much.
You will want new tackle more often, better rods and reels, upgrade electronics at least once, maybe a new trolling motor along the way, maybe add a powerpole, a new radio and some better speakers...
Maybe a new seat... Just seems there's always something.
If you happen to have a good friend that you get along great with, and like to fish with, going in halves makes the dollars much less painful.
All that said... Do it! Try to buy it right so you can get out easily if it becomes too much.
Posted on 8/11/16 at 11:59 am to Larry Gooseman
If you want to keep a top of the line boat top of the line, I've heard 20% of the cost a year is a good estimate and I'd say thats close if you have an open checkbook for someone else to do all the work.
Given that, my dad has a 19 ft bay boat with a 115 yamaha and he spends less than $500/ year outside of his storage costs. We do all the work ourselves, the boat ramp is 5 minutes away, and we use maybe 5 gallons of gas a trip on avg.
Fishing is not that expensive if you don't want it to be, but you can make it as expensive as you want.
Given that, my dad has a 19 ft bay boat with a 115 yamaha and he spends less than $500/ year outside of his storage costs. We do all the work ourselves, the boat ramp is 5 minutes away, and we use maybe 5 gallons of gas a trip on avg.
Fishing is not that expensive if you don't want it to be, but you can make it as expensive as you want.
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