egreen024
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Registered: 02-2006
Posts: 66
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World of boating / what kind of boat is right for you?
Well, you got a start at the bottom line. Stop dreaming and be realistic, face the facts. Here's a few things you should look into; affordability, space, seaworthiness, affordability, comfort,affordability, and affordability. It's all about the money guys!!!! It is possible however to go boating in pretty much any budget, sometimes is just an old aluminum jon boat others is the fully rigged ranger. So the question is, "what kind of boat can your money buy?"
lets say a $1000 canoe at 10% interest
term 60 month monthly payment $21.25 interest over full term $275
payment on a $5000 bass boat at 10%
term 60 months month ly $106.24 interest $1374.40 that same boat at 180 month term monthly$53.73 interest over full term $4671.40. As you can see longer terms means lower payments. But they also add up to lots more interest an amount almost equal to principal in the case of the 15 year term.
Cash is always the best way to buy a boat. About maintenance cost? if you opt for a canoe its not a concern, but the larger and more complexed boat you buy the more you gonna spend in maintenance and operation. The key to happiness is also to choose a boat that fits your style, it could be a canoe, a sail boat, fishing rigs or go fast boats. Also get yourself familiar with some of the so called language of boaters (cursing doesn't count) learn the terms and the different names for the different parts of a boat. Usually when looking for a boat you gonna be looking into power boats or sail boats, power boats in mine opinion are a little easier to get into, but if you like sail boats, you might want to take a few lessons or take someone who knows how to sail before you sail by yourself. Boating is a wonderful hobby, sometimes to the limits of obsession, but all worth it.
Be safe and enjoy your new (old) boat.
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Apr/23/2010, 9:15 pm
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