07-26-07, 02:25 AM | #1 |
BassFishin.Com Active Member
Join Date: Jun 2006
Location: Medford, Oregon
Posts: 120
|
costs of owning a boat
Hey guys,
I'm shopping for a boat now but probably don't plan to buy until fall or spring, depending on when I forsee the biggest chunk of free time. I'm not sure if I'm buying new or used. I've seen some really nice boats that are 5-6 years old. I know there's fuel and registration costs. I know there's insurance (not sure how much that is). What are the other routine costs that I can expect? |
07-26-07, 07:07 AM | #2 |
BassFishin.Com Premier Elite
Join Date: Mar 2005
Posts: 8,655
|
a couple of batteries, aerator plumbing and pump, gas and oil mix, greasegun for bearings, taillights that go bad, big motor and electric motor can occisionaly need working one...boats are bottomless pits for money at times.....90% of the time they are worth having tho lol
|
07-26-07, 11:43 AM | #3 |
BassFishin.Com Premier Elite
Join Date: Dec 2001
Location: Huntsville, Al
Posts: 7,466
|
Lots of things break all the time. TMs, depth finders, batteries go bad, trailer tires blow out..normally when you buy a boat that is well to moderatly used you are going to spend a little money initially. After a while it will level off some though.
As an example, my Dad spent 1,000 on our 16 foot bass tracker. I say our, since I have probably put more than that in getting it up to par since the purchase. New tires, 3 new batteries, tm, depth finder, carpet and decks, rigging, motor repair...not to mention my valuable time.
__________________
Selling live waterdogs for less since 2005. |
07-26-07, 03:18 PM | #4 |
BassFishin.Com Active Member
Join Date: May 2005
Location: Mid Michigan
Posts: 249
|
I am about to tackle my older lund. Just got rid of the second car last night that we had been selling...
Now on to some house and boat projects. Typically the insurance can be added to your home and that doesnt run to much. Good luck and look around for a bit.
__________________
-Josh |
07-26-07, 05:09 PM | #5 |
BassFishin.Com Premier Elite
Join Date: Jan 2004
Location: denton nc
Posts: 13,441
|
home owners typiclly will cover the boat up to a certain amount of horse power. -i think 35-
i have a second insurance on the boat once it is floating-car insurance coversit while trailering-what ever you do no matter how fast the boat goes NEVER tell the insurance company it goes faster than 50 mph.. zooker
__________________
the godfather.. aml in remission since 7-20-09 |
07-26-07, 07:58 PM | #6 |
BassFishin.Com Premier Elite
Join Date: Jun 2003
Location: San Antonio, TX
Posts: 10,141
|
The old joke that a boat is a hole in the water you throw money into has some truth to it. Seems like there is always something-upgrades, maintenence, etc. But, like JB said, they are worth having.
__________________
It's happened to the best of them: John 21:3 |
07-26-07, 09:31 PM | #7 |
BassFishin.Com Super Veteran
Join Date: Nov 2005
Location: Oviedo, Fla
Posts: 2,270
|
Bust Out Another Thousand
|
07-28-07, 06:09 PM | #8 |
BassFishin.Com Member
Join Date: Jul 2007
Location: North Central Illinois
Posts: 57
|
Just like any other hobby - it cost money.
|
07-28-07, 06:19 PM | #9 |
BassFishin.Com Premier Elite
Join Date: Jan 2004
Location: denton nc
Posts: 13,441
|
more like owning a second car..
zooker
__________________
the godfather.. aml in remission since 7-20-09 |
07-31-07, 11:29 AM | #10 |
BassFishin.Com Veteran Member
Join Date: Jan 2006
Location: Paducah, KY
Posts: 730
|
There is one phrase that sums up the cost of maintaining a boat - "a lot." I love my boat. If the boat is empty on gas, it is $135 or so to fill it up and that is not including the gas for my truck ($67). Oil costs $16-20 a gallon for the boat. Don't forget the initial cost of the safety equipment: life jackets, throw PFD, fire ex. to name some. I love the boat and wouldn't want any other but the money plays in a big role. I can save a bunch on gas by the way I run the boat. My boat tops out at 73 mph or so. There is only one time for me to do that and that is during a tourney. Most of the time, I run 40-55 mph. Takes a few minutes longer, but I save a lot on gas. Another way to save money is to maintain your truck that you will be pulling your boat with.
Good luck and happy shopping! |
07-31-07, 11:39 PM | #11 |
BassFishin.Com Member
|
Folks here have mentioned just about everything....
Registration/title for both the boat, motor, trailer (laws vary state by state). Safety gear...PFD's, throwable, signal device, fire ext, etc..... Anchor, chain, line..... Line for tying up to docks, trees, etc..... FIRST AID KIT! (optional but highly recommended) Onboard tool kit....never know when you might need it.... Duck Tape! Fuses..... Cover for the boat (unless you are storing it in the garage) You may need an adapter for the trailer lights depending on what you have on your vehicle..... Battery charger Trailer hitch lock Storage fee's if not on your property The list is pretty long but you get the idea..... Regards, :-) |
08-01-07, 12:47 PM | #12 |
BassFishin.Com Super Veteran
Join Date: Jul 2005
Location: Brighton, MI
Posts: 2,414
|
Insurance is actually pretty cheap, mine is about $300/year for about $28,000 total coverage.
The only other thing I don't see mentioned yet are ramp fees/launch stickers. I know I have well over $100 in just park stickers this year alone: State parks, DNR, Metro Parks (truck and trailer), City park, etc..... I usually end up spending more on upgrades than my actual boat payment. This was my mistake in not getting everything I wanted installed by the dealer at a cut rate when I bought the boat. Things like GPS, larger display sonar, radios, etc. |
08-06-07, 08:18 PM | #13 | |
BassFishin.Com Super Veteran
Join Date: Aug 2005
Location: crossett,arkansas
Posts: 2,777
|
Quote:
__________________
Laser's rule with Merc's doing the pushing..........KEEP THE WETSIDE DOWN AND THE DRY SIDE UP!!!!!! |
|
Disclosure / Disclaimer
Before acting on the content posted, you should know that BassFishin.Com may benefit financially and otherwise from content, advertising, links or otherwise from anything you click on, read, or look at on our website. Click here to read our Disclosure Policy and Disclaimer. |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|