I don't consider myself rich, but after seeing this video I started doing some math. I just ordered everything to do a full 100 hour maintenance, plus impeller, plus spark plugs, etc. Then added up my boat's monthly payment, plus storage fees, plus insurance, plus the amount of gas I use per trip, plus annual registration, ice, bait, and other miscellaneous expenses. Yeah, it costs A LOT to own, operate, and maintain a boat in 2024.
My outboard mechanic charged me the other day he changed all the seals in the lower unit prop shaft seal drive shaft seal and shift rod seal and a new impeller and new gear oil and he charged me 280 dollars if feel that is a good price
Yeah, that's a good price, depending on you lower unit, prop shaft seals are like $9 times 2= $18, shift shaft seal is like $15-20, driveshaft seals are like $9 times 2= $18, impellers like $20, gear lubes like $12-15, plus 2 seals like $1-2 a piece, plus the pump housing gasket, $5-10, so you got like $100 in parts with or without tax depending, and 2 hours of labor at $90 an hour, seems good to me depending on where you live, if you live in South Florida that's actually pretty cheap lol
Picking up a T-bone steak has become a rich mans game. Any discretionary money one can devote to a hobby has been god smacked in the costs. As a transient (trailer) boater I am not bound to slips and multi-engine setups. I do have a pole barn to store the toy. This being said, the cost are manageable for a West Michigan boater when she sits for 7 month of the year. Where I find the 'rich man' game in play is when finding a place to stay on a travel. A trip anywhere in the last 4 years, baring fuel, is steep but not crazy with some planning like now in winter. I did a price for Green River WY for 7 days at a Hampton for late July. It is a suite so two adults and two kids for $266 a night. You are in high desert so weather is almost always great. Find a place close the the Grand Tetons now. You can boat in a National Park. My point is that a boat provides so many opportunities for the adventurous and we are not rich, just committed to this boat lifestyle. Right, do Voyageurs NP if you can. We did it this year and it still rolls around our minds.
It’s very expensive. Redoing a boat is not the way to go. Buy a few years old right now and your getting a much better deal then redoing a boat that needs power , fiberglass work, etc.
Yes, when boats were wood, boating was for the rich. It's returned to that again. I find it interesting that the bigger you go (used), the less the boat can sell for because of the expense of upkeep. An example: a 50 ft Vs. a trailerable 21 ft center console.
Boating can be a rich person game or it can be a smart person game , I'm on the pension so I'm the tight ass person game 😂 I have 3 boat's all 3 owes me less than 10g a 14f with a 40 2stroke yam and a 17 alloy half cab with a 90 2stroke yam and 22 glass cabin with pod and 225 4stroke Honda all registered all are used depending on where I'm fishing it helps when you have mechanical brain that can do glass work and can weld alloy so you can all your own work and if you not sure about something there's no shame asking
Back to is owning a boat is a rich man’s sport. Back in 1995 you could buy a brand new 25’ Contender with a single 250 Yamaha and a Loadmaster trailer fully rigged out t-top, 47 rod holders above and below the gunnels,electronics for around $55000. Ask me how I know. All this was about the yearly wage of an average skilled worker in South Florida. I’m now retired a few years and with yearly increases could never even imagine or justify spending three times a yearly salary for a common man for a boat. They have alienated the majority of their market. Hell the Ford dealership just quoted me $220 an hour to replace a poorly designed leaking oil pan that should be covered. I’m sorry if you have to charge four times an hourly mechanics wage, you shouldn’t be in business. Somethings got to give. Just my two cents. Thanks
I don't consider myself rich, but after seeing this video I started doing some math. I just ordered everything to do a full 100 hour maintenance, plus impeller, plus spark plugs, etc. Then added up my boat's monthly payment, plus storage fees, plus insurance, plus the amount of gas I use per trip, plus annual registration, ice, bait, and other miscellaneous expenses. Yeah, it costs A LOT to own, operate, and maintain a boat in 2024.
Boat= Bust Out Another Thousand. Two happiest days in a boat owners life. The day they buy it and the day they get rid of it!
My outboard mechanic charged me the other day he changed all the seals in the lower unit prop shaft seal drive shaft seal and shift rod seal and a new impeller and new gear oil and he charged me 280 dollars if feel that is a good price
Yeah, that's a good price, depending on you lower unit, prop shaft seals are like $9 times 2= $18, shift shaft seal is like $15-20, driveshaft seals are like $9 times 2= $18, impellers like $20, gear lubes like $12-15, plus 2 seals like $1-2 a piece, plus the pump housing gasket, $5-10, so you got like $100 in parts with or without tax depending, and 2 hours of labor at $90 an hour, seems good to me depending on where you live, if you live in South Florida that's actually pretty cheap lol
Picking up a T-bone steak has become a rich mans game. Any discretionary money one can devote to a hobby has been god smacked in the costs. As a transient (trailer) boater I am not bound to slips and multi-engine setups. I do have a pole barn to store the toy. This being said, the cost are manageable for a West Michigan boater when she sits for 7 month of the year. Where I find the 'rich man' game in play is when finding a place to stay on a travel. A trip anywhere in the last 4 years, baring fuel, is steep but not crazy with some planning like now in winter. I did a price for Green River WY for 7 days at a Hampton for late July. It is a suite so two adults and two kids for $266 a night. You are in high desert so weather is almost always great. Find a place close the the Grand Tetons now. You can boat in a National Park. My point is that a boat provides so many opportunities for the adventurous and we are not rich, just committed to this boat lifestyle. Right, do Voyageurs NP if you can. We did it this year and it still rolls around our minds.
I paid 8 grand for a 08 alumacraft 1860 with a 08 Yamaha 115 2 stroke the motor runs flawless compression on all 4 cylinders Are a 130psi
It’s very expensive. Redoing a boat is not the way to go. Buy a few years old right now and your getting a much better deal then redoing a boat that needs power , fiberglass work, etc.
Yes, when boats were wood, boating was for the rich. It's returned to that again. I find it interesting that the bigger you go (used), the less the boat can sell for because of the expense of upkeep. An example: a 50 ft Vs. a trailerable 21 ft center console.
Boating can be a rich person game or it can be a smart person game , I'm on the pension so I'm the tight ass person game 😂 I have 3 boat's all 3 owes me less than 10g a 14f with a 40 2stroke yam and a 17 alloy half cab with a 90 2stroke yam and 22 glass cabin with pod and 225 4stroke Honda all registered all are used depending on where I'm fishing it helps when you have mechanical brain that can do glass work and can weld alloy so you can all your own work and if you not sure about something there's no shame asking
Back to is owning a boat is a rich man’s sport. Back in 1995 you could buy a brand new 25’ Contender with a single 250 Yamaha and a Loadmaster trailer fully rigged out t-top, 47 rod holders above and below the gunnels,electronics for around $55000. Ask me how I know. All this was about the yearly wage of an average skilled worker in South Florida. I’m now retired a few years and with yearly increases could never even imagine or justify spending three times a yearly salary for a common man for a boat. They have alienated the majority of their market. Hell the Ford dealership just quoted me $220 an hour to replace a poorly designed leaking oil pan that should be covered. I’m sorry if you have to charge four times an hourly mechanics wage, you shouldn’t be in business. Somethings got to give. Just my two cents. Thanks
No, it’s a, making a rich man poor game.