Capitaine R
Senior Member
- Joined
- Dec 30, 2017
- Messages
- 424
- Location
- U.S.A.
- Vessel Name
- Charlie Noble
- Vessel Make
- 32 Nordic Tug
We Financed part of our 32NT due to a few reasons.
We were not really ready to but a boat, we were just looking but found a deal we didn't want to pass up.
We knew it needed TLC and buying early we would have time to fix her up the way we want her. We do all of are own work.
We are lucky enough to have a larger yard than most and the ability to have the boat on the hard right next to house were we can work on it when ever we have free time. We live in a country setting. So no storage fees
We are also lucky enough to have our retirement house on a canal where we will keep her on a lift when she is ready, so no slip fees. I have already purchased a 25000 lbs lift from craigslist, stored in my garage until needed. We will need to have the dock re-figured to allow both boat lifts to be installed.
And like several others have said Financing works out better than taking funds out of investments at this time.
Different strokes for different folks.
I say do what you think is right for your circumstances.
We were not really ready to but a boat, we were just looking but found a deal we didn't want to pass up.
We knew it needed TLC and buying early we would have time to fix her up the way we want her. We do all of are own work.
We are lucky enough to have a larger yard than most and the ability to have the boat on the hard right next to house were we can work on it when ever we have free time. We live in a country setting. So no storage fees
We are also lucky enough to have our retirement house on a canal where we will keep her on a lift when she is ready, so no slip fees. I have already purchased a 25000 lbs lift from craigslist, stored in my garage until needed. We will need to have the dock re-figured to allow both boat lifts to be installed.
And like several others have said Financing works out better than taking funds out of investments at this time.
Different strokes for different folks.
I say do what you think is right for your circumstances.