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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 4:24 pm to 34venture
What do you mean?
Posted on 8/9/16 at 4:26 pm to Larry Gooseman
It cost me close to 500 bucks for a full weekend of fishing. Every. Single. Time.
Posted on 8/9/16 at 4:30 pm to 34venture
Let's assume I'm just doing day trips and staying at my house in Houston driving back and forth 45 min to the boat launch. Do you think it would be $250/day in that case?
Posted on 8/9/16 at 4:33 pm to Larry Gooseman
Depends, probably not, but it could come very close once you add fuel in the truck to the bill.
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 5:49 pm to Chad504boy
On average 2 days a month. I understand I'm coming close to the territory for being a candidate for charters only, but I can't always plan far enough in advance to get the captains I want. It's also a gamble that the weather cooperates on the day you booked far in advance.
Also, wouldn't you boat owners say that it is priceless to have good conditions and be able to plan a trip for the next day without worrying about a boat being available?
Also, wouldn't you boat owners say that it is priceless to have good conditions and be able to plan a trip for the next day without worrying about a boat being available?
Posted on 8/9/16 at 5:57 pm to Larry Gooseman
quote:
Also, wouldn't you boat owners say that it is priceless to have good conditions and be able to plan a trip for the next day without worrying about a boat being available
Nothing is priceless, but convenience is the biggest thing about owning your own craft.
The boat I just sold I owned for 6 years. I put a lot of hours on that boat so I did plugs and lower unit oil every 100 hours. I replaced a fuel filter here and there, two batteries and a hub on the trailer. Other than that I never had a single issue except for the few times I tore off the skeg.
It's possible to have very low maintenance costs if you stay on top of your junk. If you're one of those people who has to haul the boat to the shop every 100 hours then that's a different story all together. If you can turn a wrench and recognize when things need attention, you shouldn't have too many problems.
edit- My tow vehicle did 20 mpg loaded, and the boat did about 8 mpg. Typical day is 200 miles on land and 30-50 miles on water @ $3/gallon. So call it $50/trip. Some more, some less. I did not carry boat insurance
If you want to get really crazy you can break it down over the life of the boat. You can spend $20k and pay a $350/month note and fish once a month to the tune of $400/month. Once you start fishing 3 and 4 times a month it turns in to $600/month give or take, or the roughly the price of 1 day on a charter boat. You can, in theory, spend 60% more time on the water for the same money if you own your boat.
This post was edited on 8/9/16 at 6:06 pm
Posted on 8/9/16 at 5:58 pm to Larry Gooseman
Yes yes I would. Especialy when I've paid 15 thousand for a boat all rigged exactly how I want. And if it came down to it I could easily seek it for 12
Posted on 8/9/16 at 6:00 pm to Larry Gooseman
I wouldn't say it's priceless. But having a boat is definitely nice. My plan is to get a cheap boat I can fish the marsh with and just take charters if I want to fish the islands.
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 6:23 pm to cheezag03
How often do you go? I live within 5 miles of you. Happy to tow your boat and cover your gas - like use my credit card to fill up your tank after a trip, not throw you $5.
I'm 2 months from buying a boat, just trying to figure out what this will really cost me - 3x was one response
really i hope that wouldnt be entirely true
I'm 2 months from buying a boat, just trying to figure out what this will really cost me - 3x was one response
really i hope that wouldnt be entirely truePosted 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 6:39 pm to Larry Gooseman
quote:
I'm 2 months from buying a boat, just trying to figure out what this will really cost me - 3x was one response really i hope that wouldnt be entirely true
It varies from boat to boat. Some people go their whole lives without ever having boat problems, while other can't keep their junk running.
Simple things will go a long way. Before you put the boat back in the garage, take off the cowling and give the hoses a quick once over, same for fuel filters. Make sure the ground under the lower unit is clean and free of debris so if you have a lower unit leak it's obvious next time you pull the boat out. Flush your motor, run your carbs dry if that's your thing. Pull a plug every other trip to check for fowling. Spend that hundo on a good battery tender. Check your bearing temps every time you pull the trailer.
Most importantly, buy a factory service manual!!!!
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
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