Reply
 
Thread Tools Display Modes
 
Old 11-30-2012, 04:01 PM   #181
Guru
 
City: coos bay
Country: usa
Join Date: Oct 2012
Posts: 1,203
Quote:
Originally Posted by Budds Outlet View Post
"will you still need me, will you still feed me, when I'm 64."

It's amazing the things we think are important when we are younger and now find that they are not nearly as relevant.

I am in the camp that thinks this thread should not be counting the cost of purchase/loan payments/depreciation. The posts laying out the of annual operating costs are what have been of interest to me. The capital cost is a whole nother discussion.
Yep, i'm with you on tthis one. What i find interesting is the vast diferences between what individuals consider operating expenses. I guess the thread should have been started with a list of the things considered operating expenses for the purposes of this thread. Initial purchase, accident damage should in my opinion not be included.
__________________
Advertisement

bfloyd4445 is offline   Reply With Quote
Old 11-30-2012, 07:03 PM   #182
Guru
 
refugio's Avatar
 
City: Meydenbauer Bay Yacht Club
Country: USA
Vessel Name: Refugio
Join Date: Mar 2012
Posts: 1,141
Quote:
Originally Posted by bfloyd4445 View Post
I guess the thread should have been started with a list of the things considered operating expenses for the purposes of this thread. Initial purchase, accident damage should in my opinion not be included.
Well, that would have been a different thread. The original poster posed:
"...it would be helpful to have in one thread the kinds of cost that we occur so they can make their own calculations."
In other words, what are all the costs associated with our boating. And let those that follow on later decide what's appropriate for them.

So acquisition cost, disposal cost, insurance cost, repair cost, operating cost, and on and bloody on - those are all the true costs of boating and someone would be well advised to aware of all of those costs before buying a boat.

As has been observed in this thread, many of these costs can be traced back to the size and value of a boat - and this would be a great time to throw in that other maxim that one should buy the smallest boat - in both size and dollar terms - that meets their needs.
__________________

refugio is offline   Reply With Quote
Old 11-30-2012, 07:12 PM   #183
Guru
 
BruceK's Avatar
 
Join Date: Oct 2011
Posts: 7,579
Quote:
Originally Posted by refugio View Post

So acquisition cost, disposal cost, insurance cost, repair cost, operating cost, and on and bloody on - those are all the true costs of boating
Agreed. I am far too afraid what the calculation might reveal to actually do it. In this area, "ignorance is bliss".
__________________
BruceK
Island Gypsy 36 Europa "Doriana"
Sydney Australia
BruceK is offline   Reply With Quote
Old 11-30-2012, 07:20 PM   #184
Scraping Paint
 
City: -
Country: -
Join Date: Oct 2007
Posts: 13,748
Quote:
Originally Posted by bfloyd4445 View Post
I guess the thread should have been started with a list of the things considered operating expenses for the purposes of this thread. Initial purchase, accident damage should in my opinion not be included.
Then you have to define "operating cost" vs "ownership cost." The way it was explained to me by the GB dealer we got our boat though as well as in many subsequent articles and conversations on the subject with brokers and whatnot, annual "ownership cost" includes everything it costs to own the boat except finance payments if you're making them.

That is the only definition I use when conveying to someone what sort of ongoing costs they will be facing after they buy a boat regardless of whether they finance it or pay cash.

"Operating costs" tend by the definition of "operating" to imply the costs of doing just that--- making the boat go. So fuel, maintenance, equipment upgrades or replacements, repairs, and so forth. But NOT moorage, insurance, groundpower if you have to pay for that, state registration fees, and the other costs that are associated with owning the boat but not with making it go.

So to me talking about annual "operating costs" can be misleading to a potential boat buyer because the non-operating components of ownership cost can actually add up to a pretty big number every year. So I prefer to include everything other than finance payments and talk only about "ownership costs."

I know it seems like just semantics but the less confusing it can be to a potential boat buyer, particulary one new to this kind of boating and boat, the better.
Marin is offline   Reply With Quote
Old 11-30-2012, 08:03 PM   #185
Master and Commander
 
markpierce's Avatar
 
City: Vallejo CA
Country: USA
Vessel Name: Carquinez Coot
Vessel Model: 2011 Seahorse Marine Coot hull #6
Join Date: Sep 2010
Posts: 10,265
I believe it is helpful to inform "what they are getting into" owning a boat. All perspectives are helpful.
__________________
Kar-KEEN-ez Koot
markpierce is offline   Reply With Quote
Old 11-30-2012, 08:31 PM   #186
Guru
 
City: coos bay
Country: usa
Join Date: Oct 2012
Posts: 1,203
seems everyone has valad points. To handle this properly is impossible because each individual is a unique case. However, just what we have been doing except for when we have gotten sidetracked by certain people is still going to be of value to prospective boats owners. Most people don't have a clue as to the total expense involved untill they take the plunge. Hopefully this thread will be of use to open eyes before jumping into the financial hole of boat ownership.
bfloyd4445 is offline   Reply With Quote
Old 11-30-2012, 08:45 PM   #187
Art
Guru
 
Art's Avatar
 
City: SF Bay Area
Country: USA
Vessel Model: Tollycraft 34' Tri Cabin
Join Date: Feb 2011
Posts: 7,986
Quote:
Originally Posted by bfloyd4445 View Post
seems everyone has valad points. To handle this properly is impossible because each individual is a unique case. However, just what we have been doing except for when we have gotten sidetracked by certain people is still going to be of value to prospective boats owners. Most people don't have a clue as to the total expense involved untill they take the plunge. Hopefully this thread will be of use to open eyes before jumping into the financial hole of boat ownership.
Yea - BUT, if too many newbies read all the expenses mentioned here we might end up scaring them off and then end up with the true graying of pleasure boaters! LOL Well... we'll at least have lots of room in the waterways!
Art is offline   Reply With Quote
Old 11-30-2012, 08:53 PM   #188
Guru
 
City: coos bay
Country: usa
Join Date: Oct 2012
Posts: 1,203
Quote:
Originally Posted by Art View Post
Yea - BUT, if too many newbies read all the expenses mentioned here we might end up saring them off and then end up with the true graying of pleasure boaters! LOL Well... we'll at least have lots of room in the waterways!
hummmmm'''''''........that aint a bad idea. But you know, the fact is there is no expense with owning a bnoat, there is only the chore of other forced expenses that keep one from spending even more time on the water. You know things like health insurance, taxes, honey do's, etc. I've never regretted a single dime i have spent on a boat but i do often regret having to pay taxes etc. Shoot, I've been know to even spend $$ i don't even have on boat stuff without giving it a thought. But i assure you i think about every dollar i spend on taxes etc.
And thats the truth
bfloyd4445 is offline   Reply With Quote
Old 11-30-2012, 09:07 PM   #189
TF Site Team
 
FlyWright's Avatar
 
City: California Delta and SF Bay
Country: Sacramento, CA, USA (boat in Vallejo)
Vessel Name: FlyWright
Vessel Model: Marshall Californian 34 LRC
Join Date: Apr 2008
Posts: 10,195
188 Posts and no mention of Yacht Club dues? Does anyone pay club dues above and beyond their stated berthing costs?
__________________
Al

Custom Google Trawler Forum Search
FlyWright is offline   Reply With Quote
Old 11-30-2012, 09:30 PM   #190
Scraping Paint
 
City: -
Country: -
Join Date: Oct 2007
Posts: 13,748
Quote:
Originally Posted by FlyWright View Post
188 Posts and no mention of Yacht Club dues? Does anyone pay club dues above and beyond their stated berthing costs?
Yes, but the yacht clubs in our marina don't have or supply moorage. So while we are members of a club there is no moorage associated with membership. So our dues are just $70 a year.
Marin is offline   Reply With Quote
Old 11-30-2012, 09:33 PM   #191
Art
Guru
 
Art's Avatar
 
City: SF Bay Area
Country: USA
Vessel Model: Tollycraft 34' Tri Cabin
Join Date: Feb 2011
Posts: 7,986
Quote:
Originally Posted by bfloyd4445 View Post
hummmmm'''''''........that aint a bad idea. But you know, the fact is there is no expense with owning a bnoat, there is only the chore of other forced expenses that keep one from spending even more time on the water. You know things like health insurance, taxes, honey do's, etc. I've never regretted a single dime i have spent on a boat but i do often regret having to pay taxes etc. Shoot, I've been know to even spend $$ i don't even have on boat stuff without giving it a thought. But i assure you i think about every dollar i spend on taxes etc.
And thats the truth
Well put!
Art is offline   Reply With Quote
Old 11-30-2012, 09:38 PM   #192
Master and Commander
 
markpierce's Avatar
 
City: Vallejo CA
Country: USA
Vessel Name: Carquinez Coot
Vessel Model: 2011 Seahorse Marine Coot hull #6
Join Date: Sep 2010
Posts: 10,265
Quote:
Originally Posted by FlyWright View Post
188 Posts and no mention of Yacht Club dues? Does anyone pay club dues above and beyond their stated berthing costs?
In the Bay Area, many yacht clubs have their own marinas. Their berth fees are low and can offset club dues, assuming they have a vacant berth that can accommodate your boat.

Club membership is essential if one races sailboats.
__________________
Kar-KEEN-ez Koot
markpierce is offline   Reply With Quote
Old 11-30-2012, 11:21 PM   #193
Guru
 
refugio's Avatar
 
City: Meydenbauer Bay Yacht Club
Country: USA
Vessel Name: Refugio
Join Date: Mar 2012
Posts: 1,141
Quote:
Originally Posted by FlyWright View Post
188 Posts and no mention of Yacht Club dues? Does anyone pay club dues above and beyond their stated berthing costs?
I think I pay about $50/month, but next year I'm a 30 year (life) member and won't pay dues after that!

But the dues cover more than just the rights to moorage - our daughter got married at the club ($300 to rent the entire facility), we go to regular social events there (and have had the club chef cater events for us).

And belonging to a yacht club means we get free moorage at our club's 8 outstations and 40 or so clubs with which we have reciprocal moorage.

Plus when we visit Vancouver we get to eat at Royal Van:
Attached Thumbnails
Click image for larger version

Name:	RoyalVan.jpg
Views:	91
Size:	110.2 KB
ID:	14366  
refugio is offline   Reply With Quote
Old 11-30-2012, 11:30 PM   #194
Master and Commander
 
markpierce's Avatar
 
City: Vallejo CA
Country: USA
Vessel Name: Carquinez Coot
Vessel Model: 2011 Seahorse Marine Coot hull #6
Join Date: Sep 2010
Posts: 10,265
Quote:
Originally Posted by refugio View Post
I think I pay about $50/month, but next year I'm a 30 year (life) member and won't pay dues after that!
Sounds like a great deal for the club's founders ... creating a need for and burdening new/additional members.
__________________
Kar-KEEN-ez Koot
markpierce is offline   Reply With Quote
Old 11-30-2012, 11:43 PM   #195
Guru
 
refugio's Avatar
 
City: Meydenbauer Bay Yacht Club
Country: USA
Vessel Name: Refugio
Join Date: Mar 2012
Posts: 1,141
Quote:
Originally Posted by markpierce View Post
Sounds like a great deal for the club's founders ... creating a need for and burdening new/additional members.
Damn - you ever look on the "bright" side?
refugio is offline   Reply With Quote
Old 11-30-2012, 11:48 PM   #196
Master and Commander
 
markpierce's Avatar
 
City: Vallejo CA
Country: USA
Vessel Name: Carquinez Coot
Vessel Model: 2011 Seahorse Marine Coot hull #6
Join Date: Sep 2010
Posts: 10,265
Quote:
Originally Posted by refugio View Post
Damn - you ever look on the "bright" side?
Yes, all the time.

__________________
Kar-KEEN-ez Koot
markpierce is offline   Reply With Quote
Old 12-01-2012, 01:07 AM   #197
Veteran Member
 
Formosa's Avatar
 
City: Campbell River, BC
Country: Canada
Vessel Name: Levada
Vessel Model: 1983 Formosa 42 Europa
Join Date: Sep 2011
Posts: 55
Quote:
Originally Posted by FlyWright View Post
188 Posts and no mention of Yacht Club dues? Does anyone pay club dues above and beyond their stated berthing costs?
Just joined a club in BC. Initiation was $100 and annual dues of $150. Obviously no moorage but a modest shared clubhouse, a couple of guest slips in a marina, a few social events and modest cruise and sail racingprogram. And, the big one, reciprocal privileges at 50+ clubs from Olympia to Alaska. Hard to turn down that kind of value.
__________________
Joe
Formosa is offline   Reply With Quote
Old 12-01-2012, 02:21 AM   #198
Master and Commander
 
markpierce's Avatar
 
City: Vallejo CA
Country: USA
Vessel Name: Carquinez Coot
Vessel Model: 2011 Seahorse Marine Coot hull #6
Join Date: Sep 2010
Posts: 10,265
to me the reciprocals are the highest advantage of clubs, but then I've yet to take advantage of commercial marinas' docks, often associated with restaurants.
__________________
Kar-KEEN-ez Koot
markpierce is offline   Reply With Quote
Old 12-01-2012, 06:22 AM   #199
Guru
 
psneeld's Avatar
 
City: Avalon, NJ
Country: USA
Vessel Name: Freedom
Vessel Model: Albin 40
Join Date: Oct 2011
Posts: 15,928
back East where I am...many clubs are $3500-$6000 per year, almost no docks but nice buildings ....I would love it for the reciprocal membership benefits...but hard to justify that kind of money for an eating/drinking club.
psneeld is offline   Reply With Quote
Old 12-03-2012, 06:55 AM   #200
FF
Guru
 
FF's Avatar
 
Join Date: Oct 2007
Posts: 16,534
The JOY of a commercial looking lobster boat (not lobster "style" yacht) is many commercials will allow a free overnight along side tie up.

Always good to ask if they are going out in the AM, or one is liable to wake out with the fleet.
__________________

FF is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off





All times are GMT -5. The time now is 05:48 AM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2006 - 2012