Wave34
Petty Officer 1st Class
- Joined
- Oct 17, 2017
- Messages
- 336
Hello boaters,
I will start searching for a small cruiser in the following months. I've never owned a boat before, but know people who does. Since I'm in my 50s, I want to choose the good one and not have to change because I won't have time, maybe, before retirement (less income).
I see many models, prices etc.
Right now, a work colleague offered me his 1999 Bayliner Cierra 2355, Merc 5.7, Alpha 1 with close to 900 hrs on it for $15000. What I like on his boat is the AFT cabin, but I don't like the fact that the engine is carburated, and the dated look of the seats and some other things.
On the other hand, a friend bought 3 years ago a 2004 Chaparral Signature 260, Merc 5.7, Bravo 3, injection, and a better aesthetic, but I don't think he has a AFT cabin. His boat is a lot nicer, BUT he paid $40000.
That's a lot of money between the two boats. Do a twin propeller (better gas economy) and some luxury worth $25000?
Even if I spend $1000 more in gas in a year for the single prop and carb boat and I invest in seat covers, I will still be far from the $25000, but it will still be carburated.
I can spend the $35000 or so, if needed, it's just that if it's not required I prefer not (other hobbies).
Also in maybe 10 years, if I want to sell, does the $15000 boat loose less because it is already at the bottom of the depreciation chart, or the $40000 boat will be the one that will depreciate the most, or maybe not because it is a better quality and sought after boat?
What would you guys do?
Thank you.
I will start searching for a small cruiser in the following months. I've never owned a boat before, but know people who does. Since I'm in my 50s, I want to choose the good one and not have to change because I won't have time, maybe, before retirement (less income).
I see many models, prices etc.
Right now, a work colleague offered me his 1999 Bayliner Cierra 2355, Merc 5.7, Alpha 1 with close to 900 hrs on it for $15000. What I like on his boat is the AFT cabin, but I don't like the fact that the engine is carburated, and the dated look of the seats and some other things.
On the other hand, a friend bought 3 years ago a 2004 Chaparral Signature 260, Merc 5.7, Bravo 3, injection, and a better aesthetic, but I don't think he has a AFT cabin. His boat is a lot nicer, BUT he paid $40000.
That's a lot of money between the two boats. Do a twin propeller (better gas economy) and some luxury worth $25000?
Even if I spend $1000 more in gas in a year for the single prop and carb boat and I invest in seat covers, I will still be far from the $25000, but it will still be carburated.
I can spend the $35000 or so, if needed, it's just that if it's not required I prefer not (other hobbies).
Also in maybe 10 years, if I want to sell, does the $15000 boat loose less because it is already at the bottom of the depreciation chart, or the $40000 boat will be the one that will depreciate the most, or maybe not because it is a better quality and sought after boat?
What would you guys do?
Thank you.