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khammett 09-26-2013 10:24 PM

Why buy a brand new $150,000 sailboat?
Watch this video...he has some great advice...

Why buy a brand new sailboat costing bank and having a monthly payment of like $1,500 spread over 20 years not including insurance, slip fees, maintence, hulling out, etc? You won't be able to enjoy the boat really at all because you'll be working 24-7 just to pay it off. Why not just buy a way way cheaper boat 20, 30, 40 years old and just put some work into it. At least that way you'll have the time to enjoy it!

CBinRI 09-26-2013 10:27 PM

Re: Why buy a brand new $150,000 sailboat?
This goes without saying. Even if I won the lottery I would never buy a new sailboat. 150 maybe, but not new.

smackdaddy 09-26-2013 10:44 PM

Re: Why buy a brand new $150,000 sailboat?
78 Attachment(s)
For the kind of boat I have, $150K wouldn't even touch a new model!

I agree with him in principal. I paid cash for my H40. And it feels good to have that freedom. But I have no problem with people who borrow for what they want either - as long as they can afford it. It's their money...their time...their call.

I looked at some of this dude's other videos.

Okaaaay. The survivalist superiority complex is just really weird.

Survivalism is only necessary when it's necessary. And it's just not necessary. I'll stick with the good life.

CalebD 09-26-2013 11:48 PM

Re: Why buy a brand new $150,000 sailboat?
Preaching to the choir here.
Of course, Smacky is right that it is not my biznesz how other people spend their money.

I'm glad some people can buy new boats. Helps to put new boats into the used market, eventually.

bobperry 09-26-2013 11:58 PM

Re: Why buy a brand new $150,000 sailboat?
I'm really glad some people want new boats. I bouight my half tonner new and I enjoyed it. I bought my Esprit 37 new and it was fun. I certainly enjoyed it for we a few years. Then I moved on to something else. Lots of great used boats out there today.

capta 09-27-2013 01:12 AM

Re: Why buy a brand new $150,000 sailboat?
150g's won't buy much of a boat these days, new.
If I had the money (lottery win or whatever) I would have a boat built for me. All boats are compromises otherwise and it sure would be nice to incorporate all I've learned from all the boats I've operated over the last 50 or so years into what would be the perfect boat for me.
It has always been my dream to have some fat cat ask me to design the perfect cruising boat.
Hurry up, Richie Rich, time's running out.

SHNOOL 09-27-2013 07:32 AM

Re: Why buy a brand new $150,000 sailboat?
Actually I think that is about the right price of a new J/88!

FirstCandC 09-27-2013 07:39 AM

Re: Why buy a brand new $150,000 sailboat?
According to Yachtworld, you can get a Catalina 315 or Hunter 33 in that price range. Not for me, but different strokes for different folks I guess..
How much do dealers come off new boat prices? 15%?? 20?

jameswilson29 09-27-2013 07:56 AM

Re: Why buy a brand new $150,000 sailboat?
It appears that prices of used boats continue their free fall. I would probably not buy a boat off eBay, but if I did:

1980 O'Day 37 CC for $11,000: 37 foot ODay 1980 $11,000 in Sailboats | eBay Motors

1976 Grampian 2-34 for $8,500: 34 foot grampian marine G-234 1976 in Sailboats | eBay Motors

Although some have pointed out two separate boat-buying market segments in the U.S., the high end and the low end, that behave differently, ultimately the continued drop in low end used boat prices will pull all used boat prices down, and perhaps even new boat prices.

zeehag 09-27-2013 08:39 AM

Re: Why buy a brand new $150,000 sailboat?
28 Attachment(s)
buying a brand new boat and buying a brand new car are similar--the depreciation is huge.
a neighbor in sd had bought a brand new boat---then over time his family sed sellor i go..he had his boat appraised for selling--the remainder of his boat loan was twice the amount he could sell for--- be aware---he was stuck without his family and with the it wasnt a sailboat. it was a mainship..

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