Join Date: Oct 2009
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Re: Looking for a good buyer broker
My first boat was a 30' Catalina. Many thousands were made because it was and still is a very popular boat. It served my family well for 4 years. Wife and I and 2 teenage sons.
We paid $11k for it, and sold it 4 years later for $10,500. Only major repair we had to do in 4 years was to have the transmission rebuilt. Everything else we spent, we would have spent on any boat.
No, you don't go out and buy a 20 footer that no one will be happy with, but you buy something maybe in the 28-32 range that the two of you will be comfortable on to spend weekends, maybe a week or two of vacation. This is where you learn what you like and what you don't like when it comes to types and styles of boats and the various equipment, gear and amenities that come with them.
Have you researched the difference in the various costs that will come with a 30 footer vs. a 45'? Differences in slip rent, cost to haul, cost to bottom paint, various maintenance, insurance, etc. You will be shocked at the difference in costs between those 2 sizes.
If you don't believe me, go to a full service marina and find out the differences in slip fees, haul out fees and bottom painting fees between a 30 and a 45. Also, I'm just guessing here, but you will find way more marinas that can handle a 30 over marinas that can handle a 45'
You can easily find a very nice starter boat in the $15-25k range that will serve you well, and sell it when you are ready to move up. If you buy the right boat, chances are good you won't have to take a real beating when you sell as it has already depreciated.
Even if you take a resale beating on it, for the 5-6-7 years, you have the smaller boat, you will save many thousands of $$ by not having to pay the associated costs that come with a 45' boat vs. a 30'. Believe me, you will come out ahead of the game moneywise.
Last edited by chuck53; 08-25-2015 at 03:04 PM.