Comments on: The Costs of Boat Ownership http://www.lazymanandmoney.com/the-costs-of-boat-ownership/ Saving, Earning, and Investing Money Sat, 11 Feb 2012 03:58:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Fisherman http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-594150 Fisherman Tue, 16 Aug 2011 04:43:46 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-594150 Owning a boat ain't cheap! I'm with SFBoater above if I am to share a boat with someone it's laid out in writing and every I is dotted and T crossed. also if I like the person I won't go into a partnership with them. No way. Been down that road and now hate the guy. Overall I choose to own MY boat by MYSELF Owning a boat ain’t cheap! I’m with SFBoater above if I am to share a boat with someone it’s laid out in writing and every I is dotted and T crossed. also if I like the person I won’t go into a partnership with them. No way. Been down that road and now hate the guy.

Overall I choose to own MY boat by MYSELF

]]> By: Jackson C http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-351696 Jackson C Wed, 02 Feb 2011 05:07:29 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-351696 Yeah boats are EXTREMELY expensive. I lived in FL for a while and some of those 50 foot fishing boats(the sweet ones with the tinted windows and tuna towers), well, I think you would need to have AT LEAST 20 mill in the bank to be able to safely afford one of those. Yeah boats are EXTREMELY expensive. I lived in FL for a while and some of those 50 foot fishing boats(the sweet ones with the tinted windows and tuna towers), well, I think you would need to have AT LEAST 20 mill in the bank to be able to safely afford one of those.

]]> By: Anonymous http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-194262 Anonymous Wed, 26 May 2010 09:49:01 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-194262 Another common repair and maintenance procedure is sandblasting, which involves shaping and smoothing a solid surface by forcing tiny particles at great speeds. Yacht repairs often require sandblasting to even the edges of a repaired portion or patch before galvanizing, painting, and applying gel coat. Sandblasting is also done to remove algae, barnacles, and mineral deposits on the hull. Inhalation of silica dust produced by sandblasting can cause silicosis, so it is necessary that you work in a well-ventilated area, wear protective gear, and breathe using an air supply. Another common repair and maintenance procedure is sandblasting, which involves shaping and smoothing a solid surface by forcing tiny particles at great speeds. Yacht repairs often require sandblasting to even the edges of a repaired portion or patch before galvanizing, painting, and applying gel coat. Sandblasting is also done to remove algae, barnacles, and mineral deposits on the hull. Inhalation of silica dust produced by sandblasting can cause silicosis, so it is necessary that you work in a well-ventilated area, wear protective gear, and breathe using an air supply.

]]> By: San Francisco Boater http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-119864 San Francisco Boater Tue, 23 Dec 2008 18:22:13 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-119864 You may be interested in checking out how much boats cost at my ebay auctions page <a href="http://www.sfboater.com/used/" rel="nofollow">cheap used boats for sale.</a> Ebay might not be the first place you think of when it comes to used boats but there a some great deals... As for costs... $500 a month for the loan $100 per typical day of boating My storage costs are $0, bu this can run from $100-$500 per month in this area. For a slip it is ~$20 per foot of boat length. $50 a month for insurance. $1000 annually for the yearly maintenance of boat and trailer. Another $500 if you winterize. Boat owners did I leave anything out? You may be interested in checking out how much boats cost at my ebay auctions page cheap used boats for sale.

Ebay might not be the first place you think of when it comes to used boats but there a some great deals…

As for costs…
$500 a month for the loan
$100 per typical day of boating
My storage costs are $0, bu this can run from $100-$500 per month in this area. For a slip it is ~$20 per foot of boat length.
$50 a month for insurance.

$1000 annually for the yearly maintenance of boat and trailer. Another $500 if you winterize.

Boat owners did I leave anything out?

]]> By: Raoul http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-108533 Raoul Mon, 13 Oct 2008 21:03:31 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-108533 I agree with Kevin - not stating the cost makes this post a waste of time. I agree with Kevin – not stating the cost makes this post a waste of time.

]]> By: ronald http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-103135 ronald Tue, 02 Sep 2008 18:48:13 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-103135 im looking for a indoor storage unit to store my 27 foot boat on a trailer- if anyone has any information please let me know im looking for a unit in sanleandro or oakland or alameda area any information would be appreciated- thanks ronald bay area boater im looking for a indoor storage unit to store my 27 foot boat on a trailer- if anyone has any information please let me know im looking for a unit in sanleandro or oakland or alameda area any information would be appreciated- thanks ronald bay area boater

]]> By: Kevin http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-94172 Kevin Sat, 26 Jul 2008 19:48:52 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-94172 You "decline to state" your monthly costs in a post about the cost of boat ownership? Lame. This writeup was actually completely without value. I want my five minutes back. You “decline to state” your monthly costs in a post about the cost of boat ownership? Lame.

This writeup was actually completely without value. I want my five minutes back.

]]> By: SF Boater http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-82349 SF Boater Sat, 19 Apr 2008 15:41:38 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-82349 I had thought about doing an informal boat share with some friends before I bought my boat... The problem as I saw it is that if something were to really go wrong... (Someone runs the boat into a dock or breaks the propeller off by grounding the boat.) Then unless a formal policy (and maybe even a legal entity such as an LLC) existed the costs from that one even might break the entire group monetarily and ruin friendships... When I own the boat everything is my responsibility and I can take that responsibility seriously while still have a great time. My friends just get enjoy themselves, bring the beer, and help clean the boat afterwards. :) I had thought about doing an informal boat share with some friends before I bought my boat…

The problem as I saw it is that if something were to really go wrong… (Someone runs the boat into a dock or breaks the propeller off by grounding the boat.) Then unless a formal policy (and maybe even a legal entity such as an LLC) existed the costs from that one even might break the entire group monetarily and ruin friendships…

When I own the boat everything is my responsibility and I can take that responsibility seriously while still have a great time. My friends just get enjoy themselves, bring the beer, and help clean the boat afterwards. :)

]]> By: Danny Tsang http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-82300 Danny Tsang Sat, 19 Apr 2008 05:17:07 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-82300 I've always thought that while frugality is important, there are certain passions in life that you shouldn't ignore. It's all about balance. I've thought about owning a boat once. The idea was to set up a boat share among several of my friends and family members and we'd split all the costs. We were going to store it at my uncle's place. He lives in Alameda and has a dock in his backyard and hes been boat-less for a few years. But long story short it was still pretty expensive and we're all young guys who have other expenses, so it never happened. I still want to own a boat one day, along with a Ferrari lol. I guess I'll be frugal until the time is right. Have fun in your boat! I wish I could be out i McCovey Cove in my own boat. I’ve always thought that while frugality is important, there are certain passions in life that you shouldn’t ignore. It’s all about balance. I’ve thought about owning a boat once. The idea was to set up a boat share among several of my friends and family members and we’d split all the costs. We were going to store it at my uncle’s place. He lives in Alameda and has a dock in his backyard and hes been boat-less for a few years. But long story short it was still pretty expensive and we’re all young guys who have other expenses, so it never happened.

I still want to own a boat one day, along with a Ferrari lol. I guess I’ll be frugal until the time is right.

Have fun in your boat! I wish I could be out i McCovey Cove in my own boat.

]]> By: Michele http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-82279 Michele Sat, 19 Apr 2008 00:26:29 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-82279 Actually, owning a sailboat has been one of my dreams. It almost came true a couple of years ago. I had secured a loan to buy a used sailboat, and 3 days later lost my job. For nine months I lived off my boat loan and unemployment. I still would love to own one, but with slip fees, and drydock charges, its just out of my league at the moment, but it will be the second thing I save money for once I do all my baby steps. I have also heard about sailboat timeshares, which seem to be affordable for the hobby sailor. But still the cost starts around $5000 a year. #1 item is a 1962 Cadillac series 62 convertible. A girl can dream. If I continue to do the right things I can make it real. Actually, owning a sailboat has been one of my dreams. It almost came true a couple of years ago. I had secured a loan to buy a used sailboat, and 3 days later lost my job. For nine months I lived off my boat loan and unemployment.

I still would love to own one, but with slip fees, and drydock charges, its just out of my league at the moment, but it will be the second thing I save money for once I do all my baby steps.

I have also heard about sailboat timeshares, which seem to be affordable for the hobby sailor. But still the cost starts around $5000 a year.

#1 item is a 1962 Cadillac series 62 convertible. A girl can dream. If I continue to do the right things I can make it real.

]]> By: AJC @ 7million7years http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-82268 AJC @ 7million7years Fri, 18 Apr 2008 22:32:06 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-82268 I've been told of this Rule of Thumb: If you sail less than 4 to 6 weekends of the year, you can usually charter a bigger boat for much less cost than owning. I think that the same can be said for vacation homes, and a lot of other quasi-lifestyle-investments ... AJC. I’ve been told of this Rule of Thumb: If you sail less than 4 to 6 weekends of the year, you can usually charter a bigger boat for much less cost than owning.

I think that the same can be said for vacation homes, and a lot of other quasi-lifestyle-investments …

AJC.

]]> By: SFBoater http://www.lazymanandmoney.com/the-costs-of-boat-ownership/comment-page-1/#comment-82249 SFBoater Fri, 18 Apr 2008 18:55:30 +0000 http://www.lazymanandmoney.com/the-costs-of-boat-ownership/#comment-82249 Thanks for allowing me to write a guest post... One other thing I would... What is a boat? Common answer from former and current boat owners A Hole in the water where you throw money. Thanks for allowing me to write a guest post… One other thing I would…
What is a boat?
Common answer from former and current boat owners
A Hole in the water where you throw money.

]]>