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Best Day in Boat Owner's Life....

Posted on 10/8/18 at 11:08 am
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 10/8/18 at 11:08 am
When it goes up in a storage fire...
86 boats near me went up over the weekend







a 2003 Nautique is what is in the last photo. Not mine, but was for sale for $30k less than what insurance is about to pay on it
Posted by Sus-Scrofa
Member since Feb 2013
8125 posts
Posted on 10/8/18 at 11:13 am to
The owner of that loan survivor in that pic is likely pissed.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 10/8/18 at 11:21 am to
I’m sure a bunch are damaged from the heat being nearby, so there may not be many survivors
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18897 posts
Posted on 10/8/18 at 11:50 am to
Link? I want to send it to someone.
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 10/8/18 at 12:36 pm to
quote:

Link? I want to send it to someone.


LINK
Posted by auggie
Opelika, Alabama
Member since Aug 2013
27849 posts
Posted on 10/8/18 at 12:39 pm to
Damn, that's where all of my guns were stored.
Posted by WacoTiger
Waco, Texas
Member since Nov 2003
3669 posts
Posted on 10/8/18 at 9:02 pm to
Bust
Open
Another
Thousand

On the bright side, most insurance on boats pays what you insure it for. When I lost my Pathfinder, I got exactly the amount it was insured for. Paid $30,000 for it used and got $30,000 5 years later. Not a bad deal.
Posted by jamboybarry
Member since Feb 2011
32642 posts
Posted on 10/8/18 at 9:28 pm to
quote:

When I lost my Pathfinder


Go on....
Posted by BlackCoffeeKid
Member since Mar 2016
11700 posts
Posted on 10/8/18 at 9:41 pm to
quote:

Paid $30,000 for it used and got $30,000 5 years later


You were not equally compensated.
Posted by Twenty 49
Shreveport
Member since Jun 2014
18734 posts
Posted on 10/9/18 at 7:03 pm to
quote:

The owner of that loan survivor in that pic is likely pissed.


His loan will survive, and that is why he is pissed.
Posted by Slim Chance
Member since Oct 2012
1575 posts
Posted on 10/9/18 at 7:31 pm to
Is there anything that depreciates more, or faster, thank a boat or rv?
Posted by highcotton2
Alabama
Member since Feb 2010
9391 posts
Posted on 10/9/18 at 7:33 pm to
quote:

Is there anything that depreciates more, or faster, thank a boat or rv?


Swimming pool?
Posted by WacoTiger
Waco, Texas
Member since Nov 2003
3669 posts
Posted on 10/9/18 at 8:06 pm to
It was a 2005 2200 Tournament Edition Pathfinder when I purchased it for $30,000 in 2012. I lost it in Tropical Storm Cindy on Big Lake in June, 2017. Essentially, I didn't lose a dime (although I did spend a lot of money keeping it up), hence, Bust Out Another Thousand. Replaced it with a 2010 24 ft Haynie HO.
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 10/9/18 at 8:16 pm to
quote:

Is there anything that depreciates more, or faster, thank a boat or rv?


Maybe initially a boat but they plateau. And you can get deals on boats depending on economy. My current boat is worth only about 20% less than what I paid 10 years ago. And that’s not what I think it’s worth but what they are actually selling it for.

Update on the op. The Nautique pictured was going to be sold for 15k or less. Owner is now going to collect $43,200 very shortly.

No cause of fire yet. But if you see the photo with the yellow tape, that is the area of the fire origin. My guess is something involved with winterization of a boat.
Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
17314 posts
Posted on 10/9/18 at 8:32 pm to
quote:

Essentially, I didn't lose a dime


He’s pointing out that due to time value you did “spend” money. It’s not really applicable to a depreciating asset, but internet points are tough to come by I guess.
Posted by germandawg
Member since Sep 2012
14135 posts
Posted on 10/10/18 at 6:02 am to
Boats are like women.....very expensive but damned useful when you are in need of one.

Every time I’ve ever been without a boat I was happier than a pig in slop.....for about 30 days. I won’t even pretend any longer....I’m a boat junkie....I’ve gots to have me some boats about the place....I ain’t happy unless there’s at least $30k worth of fiberglass or aluminum going to rack an ruin in my shop at any given moment.

If I’m healthy enough to use a boat at least once a month I will never be without at least one again. Everything I enjoy in life that does not involve anyone other than me is related to a boat. Yes, they are expensive and they are a pain in the arse.....but they are worth every dime and second of aggravation because they take me offshore and back, to the duck blind and back and, on occasion, serve as the blind. Hard to catch fish without a boat. Truth be told I’ve spent more money on boats than women.....but there ain’t no perfect boat....I caught the perfect for me woman on the first cast!
Posted by bigbuckdj
Member since Sep 2011
1830 posts
Posted on 10/10/18 at 6:34 am to
quote:

2010 24 ft Haynie HO.


Do you like it more than the pathfinder?
Posted by jsmoke222000
Lake Charles
Member since Oct 2007
6204 posts
Posted on 10/10/18 at 8:52 am to
I bought my last tournament boat in 2012 for 42k (to be fair I got a sponsor deal on pretty much every single component) & I sold it last week for 39k. I'm feeling pretty good about it right now...
Posted by WacoTiger
Waco, Texas
Member since Nov 2003
3669 posts
Posted on 10/10/18 at 9:51 pm to
The Haynie has less on it to go wrong. The Pathfinder had better storage, but the Haynie rides better in rough water on Big Lake. I've only had the Haynie for about 8 months, but I do like it better.
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