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Originally Posted by Chocaholic
We went to the Atlanta boat show last weekend. Hope to move back to the lake house in a few years. Not only are the prices just insane, but they'll finance for 240 months...20 years! And on a pontoon boat ($50k+).
Yep...will be a used one for us when the time comes. Beautiful boats for sure...especially the Mastercrafts and Cobalts, but I can't imagine buying one. You'd have to be insanely wealthy or insanely irresponsible. And I'm guessing most are sold to the latter.
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My family got into the boat thing for many years (we live on the pacific coast).
My brother and I would go to the boat show just over the bridge in Long Beach and ohhh and ahhh over the yachts... but yeah, many of them carried the price tag of a modest home. My brothers dream was to live on a boat, however his plan was to do that by restoring an old trawler or tug boat.
Quote:
Originally Posted by biosurfer1
My family had a 1991 Malibu Euro ski boat growing up. My dad was a competitive water skier so we used the CRAP out of that thing. He bought it for $15k out the door new and sold it 13 years later for $12k. Not a bad return. My dad was crazy anal about keeping that thing it top shape but even so, the return on that boat was amazing.
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Not bad... but what was the anual cost of maintenance on that boat?