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  #11  
Old 10-22-2012
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Re: Why so many unused boats?

A boat is an investment, just a bad one.
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  #12  
Old 10-23-2012
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Re: Why so many unused boats?

Quote:
Originally Posted by night0wl View Post
Whenever I see a message like this, I get the sense that there is a bit of jealousy or envy buried under the guise of inquiry or wonder.
No I have no jealousy or envy. If anything I feel a bit sorry for them. We use our boat every weekend. We'd live on it if our business wasn't so far away from the Lake Michigan.

It's like people set everything up for a great season, than just let it go.

I'll admit it takes a big commitment to do what we do. Lot's of people try to mess our plans up. We just don't let it happen. The weekends are ours.

Like you have never walked down the dock week after week and saw a boat and wonder where are those people?
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  #13  
Old 10-23-2012
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Re: Why so many unused boats?

"A boat is a hole in the ground into which one throws money."

"Sailing is standing under a cold shower tearing up $100 bills"

With those two old, well-known sayings, it's hard to understand how anyone could look at a boat as an investment. Unless you're living aboard, it's an indulgence.

As for those lonely boats in the harbor, it could be their owners are trying to sell them but nobody is buying.

And to a boat being like a woman, that you have to pay a lot of money to keep her looking shiny and new, she could be saying the same about you.
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Old 10-23-2012
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Re: Why so many unused boats?

My boat is a mental investment which pays dividends every time I am out on her

My boat is my only vice.... and if you beleive that well Ive got a bridge...


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Old 10-23-2012
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I bought my boat about 6 years ago. It's in VA, while I'm a 10 hour drive away in OH. I had great plans... but life doesn't care what plans you make. So I would settle for coming for a week every month or two... often just to work on her, and not even sail.

The last time I came was for 2 weeks. That was 2 months ago and I could leave... so now I'm job hunting. Ice sailed more in these 2 months than I did the first 2 years I owned her, which I'm embarrassed/sad about. But that's changing now.

You or I don't know what's going on in people's lives to keep them off their boat. There was a boat docked next to me that apparently had been there for 10 years, and the owner had never been there once (according to Marina manager, who's pretty ontop of things). He came one day opened the boat up, took a few things off, and was gone an hour later. He told the marina he's going to sell the boat and buy another one. A few people have called him offering to buy the boat and he's gotten very offended that they would do that.
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Old 10-23-2012
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Re: Why so many unused boats?

These folks are an asset to the sailing community.

They take nice new boats and turn them into gently used old boats that we can afford.

Leave a bottle of Rum in the cockpit as a thank you.
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Old 10-23-2012
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Re: Why so many unused boats?

It is possible they are business assets for tax write off. A company will keep a nice boat in the water in case they get clients who are into boating, they can send a crew down to the marina, tidy things up and host the clients on their boat.. If it never gets used they still write off the expense.
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Old 10-23-2012
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Re: Why so many unused boats?

Some skippers own a boat just to have a ticket to the yacht club talk.
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Old 10-23-2012
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Re: Why so many unused boats?

I've been told by a few that if they keep her tied-up, or better yet on land, they know exactly what she costs to own each month. As soon as they take her out, something breaks and maintanance goes up. I think this is a common perception.

I'm not saying I feel that way. I'm pretty sure if she's on land she serves no purpose, and only a little more while tied to the dock.
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Old 10-23-2012
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Re: Why so many unused boats?

i have watched as folks buy boats with intent of cruising. something happens--wifee doesnt like the lifestyle, guy gets ill, as he has waited soo long to fulfil his dream, then dies...she wants to sell, market wont allow that to happen at the pricing she seems to thing is appropriate, as she has no clue...
.folks cruise and leave boats behind when they return to their land homes--never to return to boat again---many reasons for boats to lie fallow. most have to do with the mindset of the buyer and operator.
this didnt used to be a "problem", as wood boats have a self limitation---fiberglass ones don0t have nor share that limitation--they dont rot and sink. other things happen to them instead, and they become eyesores,and therefore unsellable.
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