Excellent video! My sister is looking into buying a boat for Puget Sound and as a live aboard as well. So I sent this video to her to view. The costs involved are always a factor I think. and not having a clue what they could be and finding this video was a god send! In watching, we both realized this is completely affordable. Thank you very much for doing this video! JR
Nice outline! And we agree, although the final bill might seem expensive it’s not when you consider what you gave up to afford it and how much of your life it becomes.
What you're paid for the survey is what I paid for a 1983 Carver Monterey 26 with tri axle trailer I am currently restoring it it's a big project but I love every minute of it this will be the boat I carry to the Bahamas in a few years I have just finished doing all the interior teak it turned out wonderful anyway happy boating and safe navigation
@@JABINVA Yachts do not increase in value with improvements like real estate. But during covid, demand was so high that many people including us, so for more than we paid originally.
Hi Stan, yes we say our blessings everyday. We've lived some very tough times early in our marriage (to the point we couldn't buy groceries), and we are blessed we have been able to experience boating. Cheers and thanks for watching!
Hi John, I wish I had the answer. Fuel should at a lower cost, since you're not traveling fast. Another channel just did that from NY to FL - "Adventures of our Happy Ours. check them out!
Thank you!! For bottom paint we used Sea Hawk....if you go to our episode, "hauling out" or search our blog at boatingjourney , search "hauling out" and we have a full list there. Thanks for following us!!
Great question!! Thanks for asking. When we had our first boat, we simply used the same insurance company that insured our car. What we didn't know, is that policy did not cover us for liability for those clean-up expenses because vessel owners are liable under the Oil Pollution Act of 1990 up to the statutory limit (currently $939,800). If you ever intend to borrow someone else's boat, confirm that your liability coverage extends to the other boat. You can find all the details here: www.chubb.com/us-en/individuals-families/resources/understanding-boat-insurance.aspx
Well, the boat was a 2002 and we bought it in 2018, so it wasn't 20 years old yet. We went thru a finance broker, who we used before. Just like buying a home, finance brokers can find great deals for you.
Hi MTB - they are Eartec Headsets and we love them. We have a link on our blog to them - you can buy from Amazon. boatingjourney.com/product-category/boat-accessories/
Good video, but I’ve formed the opinion that survey’s count for very little. They never catch what you find when living with the boat, and like you said - look at all the maintenance items you end up addressing. Only think I value about the survey is the structural aspect. When you buy a boat everyone has their hand out. I choose to save all I can on the transaction to save that for repairs/maintenance that just simply won’t show in the survey
Thanks Michael. We agree with part of your statement. Yes, the survey depends on the surveyor as well. Our first boat, he barely looked at anything and missed a lot. Our second boat, he spent 3 hours on it. PLUS he was a certified diesel mechanic, so we had the engines, systems, oil samples taken, etc. So I think it depends on who you hire. But things like old holding vents or cracks in lines under floor boards you can't reach, won't get caught until you live or spend time on it. Thanks for watching!!
the ones with the most cost repair wise are the people that just dock their ships and don't run them having low hours. does more harm in the long run just sitting there. they need to be used.
Yes! But we want to find a liveaboard. We don't want to pay a mortgage AND boat moorage. Right now in thw PNW inventory is at an all time low (I'm in the boat business) and anything over 50', under $250k is hard to find!!
@@BoatingJourney we were just in Seattle looking at a Bayliner 4788 and it was a dog. Now we’re flying to Newport Beach to look at another. You’re right. It’s not easy. Good luck!!
Excellent video! My sister is looking into buying a boat for Puget Sound and as a live aboard as well. So I sent this video to her to view. The costs involved are always a factor I think. and not having a clue what they could be and finding this video was a god send! In watching, we both realized this is completely affordable. Thank you very much for doing this video!
JR
You are welcome!! Thanks for watching!
This was great! my wife and I truly appreciate this video. Thank you!!
Excellent. Thank you for being open and most all staying on point and
Thank you for watching!
Nice outline! And we agree, although the final bill might seem expensive it’s not when you consider what you gave up to afford it and how much of your life it becomes.
Thanks guys!! :)
Thanks for the video!
Very helpful information, thank you for sharing
Thank you for watching
Thanks for sharing this! Great things to keep in mind as I look to buy a live aboard boat in the next couple years
Thanks for watching! We're glad it was helpful 🙂
Great video! Super informative and really fun to hear you guys describe everything!
Thank YOU Michael ;)
Thanks for doing these videos - my spouse and I are into a pre-buy on a Bayliner 4387 in Eastern Canada. Love your info!
You're welcome and thank you!! That's an awesome boat - you'll love it!!
What you're paid for the survey is what I paid for a 1983 Carver Monterey 26 with tri axle trailer I am currently restoring it it's a big project but I love every minute of it this will be the boat I carry to the Bahamas in a few years I have just finished doing all the interior teak it turned out wonderful anyway happy boating and safe navigation
Lol! Love it! That's awesome 👌
Nice video. Clear, practical and realistic!!!! Thank you for sharing.
Thanks Todd! We appreciate that!
I would think that some of the money you spent was recouped at the time you sold it also. Batteries, bottom paint etc had to have increased the value.
@@JABINVA Yachts do not increase in value with improvements like real estate. But during covid, demand was so high that many people including us, so for more than we paid originally.
Count yourself very fortunate. You may think it's not alot but it is.
Hi Stan, yes we say our blessings everyday. We've lived some very tough times early in our marriage (to the point we couldn't buy groceries), and we are blessed we have been able to experience boating. Cheers and thanks for watching!
What product did you put on the prop to prevent barnacle buildup? Great video.
Thank you! @Propspeed we love it!!
Very good subject...
Many many thanks
what do you think cost would be going icw from conn to florida?
Hi John, I wish I had the answer. Fuel should at a lower cost, since you're not traveling fast. Another channel just did that from NY to FL - "Adventures of our Happy Ours. check them out!
Very informative. Why did you sell this last boat?
We are now saving to finally buy our permanent liveaboard boat. It was a great boat, but not our final liveaboard.
Great content .. thanks for doing this. What was the product that was used for the bottom paint to ward off barnacles?
Thank you!! For bottom paint we used Sea Hawk....if you go to our episode, "hauling out" or search our blog at boatingjourney , search "hauling out" and we have a full list there. Thanks for following us!!
What type of insurance was that you described if the boat sinks or something of that nature?
Great question!! Thanks for asking. When we had our first boat, we simply used the same insurance company that insured our car. What we didn't know, is that policy did not cover us for liability for those clean-up expenses because vessel owners are liable under the Oil Pollution Act of 1990 up to the statutory limit (currently $939,800). If you ever intend to borrow someone else's boat, confirm that your liability coverage extends to the other boat. You can find all the details here: www.chubb.com/us-en/individuals-families/resources/understanding-boat-insurance.aspx
who did you use to finance your boat most loan companies wont finance over 20 years
Well, the boat was a 2002 and we bought it in 2018, so it wasn't 20 years old yet. We went thru a finance broker, who we used before. Just like buying a home, finance brokers can find great deals for you.
What headsets do you have, do you like them and where can you buy them?
Hi MTB - they are Eartec Headsets and we love them. We have a link on our blog to them - you can buy from Amazon. boatingjourney.com/product-category/boat-accessories/
nicely done...
Thank you so much!
What product did you use on the props and shafts?
PropSpeed!
Good video, but I’ve formed the opinion that survey’s count for very little. They never catch what you find when living with the boat, and like you said - look at all the maintenance items you end up addressing. Only think I value about the survey is the structural aspect. When you buy a boat everyone has their hand out. I choose to save all I can on the transaction to save that for repairs/maintenance that just simply won’t show in the survey
Thanks Michael. We agree with part of your statement. Yes, the survey depends on the surveyor as well. Our first boat, he barely looked at anything and missed a lot. Our second boat, he spent 3 hours on it. PLUS he was a certified diesel mechanic, so we had the engines, systems, oil samples taken, etc. So I think it depends on who you hire. But things like old holding vents or cracks in lines under floor boards you can't reach, won't get caught until you live or spend time on it. Thanks for watching!!
A good video of cost ownership of a 40 ft cruiser.
Thanks Chris! We appreciate the watch!
Thank you for letting me know that I STILL can't afford a yacht. :(
You would be surprised. You don't have to do all that we did. You can definitely buy an older one :)
A 90 91 92 93,,,32 foot bayliner is perfect
to own Justin 👍👍
my boat expenses are close or a little more then what my annual vacation pay is and I don't travel. I consider this my vacation.
Ditto!
Which state that you living?
we live in Washington
the ones with the most cost repair wise are the people that just dock their ships and don't run them having low hours. does more harm in the long run just sitting there. they need to be used.
We totally agree! We used our boat every weekend!
Do you actually want a boat. You’ve been looking for so long?
Yes! But we want to find a liveaboard. We don't want to pay a mortgage AND boat moorage. Right now in thw PNW inventory is at an all time low (I'm in the boat business) and anything over 50', under $250k is hard to find!!
@@BoatingJourney we were just in Seattle looking at a Bayliner 4788 and it was a dog. Now we’re flying to Newport Beach to look at another. You’re right. It’s not easy. Good luck!!
Good luck to you as well. I think you will see an influx of inventory after Feb!
@@BoatingJourney we found one yesterday! It’s a 2001 4788 Bayliner. Hope it passes the survey, but it only has 270 hours on it!
@@susansutton8537 Wow!! That's awesome!! Keep us posted! Where will you moor it?
Subscribed when I heard puget sound, boating in WA is so different from FL.
Thank you so much 😊
BOAT - Bring Out Another Thousand..
Yep.
Sorry to tell you,,but bayliners are crappy boat's
This is a highly uninformed comment. True of some Bayliners, not true of all Bayliners, especially the larger ones.