Anyone cut back on bigger boat purchases due to operating cost?

lime4x4

Lieutenant Junior Grade
Joined
Apr 25, 2007
Messages
1,040
Re: Anyone cut back on bigger boat purchases due to operating cost?

i'm lucky. I live 3.5 miles from the lake. And latley we just go out find a cove and anchor for the day.
 

External Combustion

Chief Petty Officer
Joined
Aug 21, 2007
Messages
608
Re: Anyone cut back on bigger boat purchases due to operating cost?

Those on the edge of their finances will always follow the trend of the economy, selling when the economy takes a downturn and buying when it swings up. Not to depricate what they want to do, just reporting what is.

Others will always take advantage of the stress of those overextended and have a pleasent lifestyle, though not as entertaining or flashy to their aquaintences.

You pay for what you want in life and take the bumps for your decisions. Don't whine, don't regret, don't apologise.

Enjoy life as it is presented. All of us are riding this horse until the end of the trail with no knowledge as to how the trail ends.

I was going to say "Happy Trails", but I think it is too trite. Seriously, accept what life deals to you and be happy with it. Each day is an opportunity. May we all get to the point that the fuel in our boats is not a consideration.

Anyone care to meet me on the water in whatever floats?
 

Campylobacter

Chief Petty Officer
Joined
Aug 4, 2007
Messages
503
Re: Anyone cut back on bigger boat purchases due to operating cost?

I've actually used the gas prices to my advantage and upgraded the tow vehicle. Got a 18 month old F150 with only 23K miles for for $4,500 below blue book (and $15K below new). Much nicer than my 10 year old beater.
 

ck85abc3

Petty Officer 2nd Class
Joined
May 20, 2007
Messages
132
Re: Anyone cut back on bigger boat purchases due to operating cost?

Once year ago I bought a 16 foot boat. The main reason for a 16 footer was so that I didn't have to buy a full size truck.

I was planning to upgrade next year. Now, I think I will stick with the 16 footer.
 

Bigprairie1

Commander
Joined
Jun 13, 2007
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2,568
Re: Anyone cut back on bigger boat purchases due to operating cost?

I kind of wish that I was interested in upgrading at the moment given the current market conditions.
Craigslist seems to be full of great deals for slightly larger boats that give off that 'heavy on fuel' musk. Many of them apparently in top condition.
BP:D
 

Mark42

Fleet Admiral
Joined
Oct 8, 2003
Messages
9,334
Re: Anyone cut back on bigger boat purchases due to operating cost?

Our oldest is 17 now, and he'll be working all summer and not be going out with us on vacation and weekend trips. So its wife and me, and the two little ones, 4 and 8. We should fit in the 16ft Cuddy Cabin just fine. I gotta get working on that hard top....
 

standish

Cadet
Joined
May 3, 2008
Messages
11
Re: Anyone cut back on bigger boat purchases due to operating cost?

I've only got a 90hp on my 18ft'er, but I can't imagine cutting back to save a few bucks. I'm quite happy to gas prices rising (bummer about the hardships for the low income families though)... a few years of high gas prices for a cleaner planet, bring it on. Hell, comparatively, US gas prices are cheap.
 

davidfhare

Cadet
Joined
Apr 10, 2008
Messages
28
Re: Anyone cut back on bigger boat purchases due to operating cost?

My wife and I had been in the market for a new boat for a number of years, but kept putting it off due to the initial investment (purchase price). This year the dealers were getting desperate and we worked a great deal on a new 2007. I guess you could say we decided to buy the boat because of the increased gas prices / worsening economy.
 

Navy Jr.

Senior Chief Petty Officer
Joined
Sep 14, 2007
Messages
738
Re: Anyone cut back on bigger boat purchases due to operating cost?

We bought a new 2008 Lund 1750 Fisherman with a Merc 115hp 4-stroke this spring. Lighter than glass, it is easy to tow and gets good fuel economy.

From all the research I did last year, it appears it is also easy to sell. Occasionally I'll see an ad on Craigslist for "Lund Fisherman Wanted", including this past weekend. We're just 15 minutes from Lake Minnetonka (western Twin Cities) using 30mph side streets, so operating costs aren't too bad. Our Toyota 4Runner 4.0L V-6 pulls it with ease.

Anyway, we've had "Sweetheart" out five times so far, and it is sure is fun. Still breaking in the engine which requires running it at WOT for 60 seconds after every 10 minutes of varying throttle during the first two hours, then varying the throttle for the next eight hours. We've had it out for about 8 hours now, and it still has more than half a tank left (holds 27 gals). Not bad, I guess, considering how many times I've opened her up.

Last Monday the wind was blowing at 20-25 knots and we tested her through the white caps (3 people aboard). Loaded her back on the trailer and pulled the plug. Bone dry.

I asked our dealer about sales this year. Yes, they're down a bit from last year, but the downturn is in the entry level stuff. The high-end fishing boats (Ranger and bigger Lunds) are selling well. So, while their volume may be down, their revenue is on par.
 

SnappingTurtle

Lieutenant
Joined
May 4, 2008
Messages
1,251
Re: Anyone cut back on bigger boat purchases due to operating cost?

It is hard to judge how the recent gas prices are affecting the boating world Stateside, but in Europe outside the mega yacht world, it seems devastating. I have read that it has taken a 60% drop in the luxury segment though.

Last weekend we had beautiful weather and it was a holiday weekend here. Years ago there would have been hundreds of boats on the river, I counted twelve for the entire three day weekend and most were anchored.

Last month I went to a boat flee market & and open house party at one of the last surviving boat builders/harbors in Frankfurt. In eight hours, one boat was launched.

At $8.95 a gallon for normal pump gas (on the river it is much more) in Germany people are just not able to enjoy what was once considered to be a normal activity. Add to this the crashed economy and it is quickly become something reserved for the privileged few, and they leave the country for this pleasure, heading for the south of France or Spain. If you talk to them about it they say they feel like the need to hide the fact that they are still doing well, from the neighbors.

It has become really hard to find boat outfitters in the area that have survived the last eight years. There are only two and they are struggling to keep their head above water.

We have kept our “fleet” on the small side and resisted upgrading like our friends did in the immediate past, and are the only ones still boating.

I don't think things will get better anytime soon, so any upgrades on our part will be in the accessories department.
 

Bigprairie1

Commander
Joined
Jun 13, 2007
Messages
2,568
Re: Anyone cut back on bigger boat purchases due to operating cost?

It is hard to judge how the recent gas prices are affecting the boating world Stateside, but in Europe outside the mega yacht world, it seems devastating.

At $8.95 a gallon for normal pump gas (on the river it is much more) in Germany people are just not able to enjoy what was once considered to be a normal activity. Add to this the crashed economy and it is quickly become something reserved for the privileged few, and they leave the country for this pleasure, heading for the south of France or Spain. If you talk to them about it they say they feel like the need to hide the fact that they are still doing well, from the neighbors.

It has become really hard to find boat outfitters in the area that have survived the last eight years. There are only two and they are struggling to keep their head above water.

Snapping are your national fuel costs ($8.95/gallon....$2.30/litre?) heavy on taxes? I'm trying to think of what helps drive the costs of fuel in europe (without it becoming too political).;)
Do you find a lot of the boats (like the cars) are diesel powered or? Have you seen any outboard motor advancement that includes similar high efficiency technology often found in many european cars?...with emphasis on fuel mileage?
Interesting stuff
BP:)
 

SnappingTurtle

Lieutenant
Joined
May 4, 2008
Messages
1,251
Re: Anyone cut back on bigger boat purchases due to operating cost?

Hi Big Prairie.

The cost deference is entirely a tax issue. Before the the gas cost explosion (worldwide) the Germans pushed through a series of “Environmental Gas Tax” increases. It had nothing to do with the environment though, it all goes to feed a very hungry (one of, if not “the” most expensive governments in the world) socialist government. It was seen as a “punishment tax” by the “Green Party” for those who have to rely on automobiles for transportation.

Diesel is tax subsidized (to support their auto industries products) and therefore not affected to the same degree. They have been pushing diesel as “green fuel” under lobbing pressure from the automobile companies. Funny thing is, now they have just passed new environmental laws banning diesels from most (soon to be all) major city centers. My 12 year old (private) gasoline powered car received a “Green” sticker meaning I can enter the major cities whenever I wish, while two year old VW diesels are receiving “Red” stickers, and on certain days are banned from town.

You do see a lot of private, large, steel river boats (Displacement Hulls) running diesels, but these are all really old low tech designs. The high tech diesels are run only in offshore power boats and racers, but here we are talking about mostly custom mega yachts and race boats costing zig millions of dollars. The people that have these also have private helicopters & jets. Fuel cost doesn't interest them.

Contrary to popular believe, Europeans also have very heavy cars & SUV's with 6, 8, 10, & 12 cylinders and they suck gas like you wouldn't believe on the Autobahn.

My last company car, an Audi had monthly gasoline cost of 2-3,000 Euros and repair cost of 17,000 Euros in the first year. We also had a Smart for city trips, (the worst car I have ever driven in my life) with 12,000 Euros in repairs in the same year. Don't look over here for solutions to problems in the States, you won't find answers.

Just because it is German, doesn't mean anything other than it cost more. The Japanese are ten to fifteen years ahead of them in all areas now.

Europeans drive “small” only when they have to. Our friends that left Germany, and have emigrated to the States, in every instance have gone for the biggest, baddest trucks/SUV's they could find.

As far as high tech in motors go, I think that found in boats (outboards) is generally more advanced than that seen in cars. The have in the past evolved along the lines of motorcycles, although the newer breeds of Japanese outboard motors are very close to the motors offered in their autos.

Germans don't have (exception, motors bigger than houses for cruise ships) any boat motors so to speak. Years ago you found the occasional BMW six, Porsche V8, or some old Mercedes diesels (Taxi motors), but the repair cost were ten times what a normal motor repair would have been, so they died off rather quick.

The German manufactures bought (licensed) much of their newer advanced diesel technology from the Japanese manufactures.

Sorry for running so long with this post, but if the answers were easy, the world wouldn't have problems (and no I don't have answers to all world problems).

Cheers and happy boating.
 
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