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Old 12-06-2005, 12:40 AM
strick strick is offline
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Location: California
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Default Re: Is it possible to ever get your money back?

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Old 12-06-2005, 11:07 AM
Billybob Billybob is offline
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Join Date: Feb 2002
Location: watertown ct.
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Default Re: Is it possible to ever get your money back?

Can you get your MONEY back ?
Yeah, I think you can - but never your time. I look at the time as a hobby more than an investment.
The big problem is power. New power is gonna depreciate no matter what you do.
.
For example:
Could I get 12 grand for this rig?



Probably, but put a new 250 e-tec on it and could I get 27 grand ? In 5 years ?
I think power is the killer, the hull itself can possibly get you your money back.
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Old 12-06-2005, 11:42 AM
FELLOW-SHIP FELLOW-SHIP is offline
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Join Date: Feb 2002
Location: Cooper City, Fl
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Default Re: Is it possible to ever get your money back?

You know maybe we are looking at this thin the WRONG WAY. If we looked at it that IF I hared a Captain and HIS Boat for 20 trips a year at approx $500 per trip it would cost me $10,000 per year to go fishing. So Dear, I am SAVING US MONEY by buying this boat and this new motor for it because over the next 8 years it would cost me $80,000 to go fishing and now it will only cost us “ONLY $27,000”. That means I am SAVING us $53,000 over the next 8 years.
What do you think.
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Old 12-06-2005, 11:56 AM
JohnB JohnB is offline
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Default Re: Is it possible to ever get your money back?

Boats and money, always a downhill adventure. If you want to make a small fortune, in the boat market, start with a large fortune and quit when you have lost enough.

On the power/repower issue. We have alot of "sponsored" guides in programs down here in FL with engine manufactures.
They get a really good deals out of the gate, and usually trade/upgrade motors every 2 years, and frequently, there is at least one more year of warantee. These motors can be bought for 1/2 to 1/3 retail new. A 11k motor might be had for 4-5K. If you maintain it, and use it 20 times a year, it will probably last 10-15 years. These guys are not out on the water every day. There is a myth that we fish 365 days a year. Last year we had 191 fishable days offshore of where I fish, and that assumes you have a charter every fishable day, NOT. If you do the math, that is roughly 25 dollars a trip in motor expense (over 10 years, and including some maint cost) with a pretty reliable motor.
Also, it seems that outboard motors, also know around these parts a granades with the pin 1/2 out, like to blow up in the first 200 hours. You get one past 200 hours, and as long as it gets oil, clean gas, and dosen't overheat, they will go 1500-2000 hours in most cases.
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