Jump to content

Recommended Posts

  • Super User
Posted

Imagine, you take your car in for its 100k mile service....We can get you in this brand new, top of the line, ultra safe, Luxury (AKA cheaply manufactured foreign POS), for only two arms a leg and your left one.

By "...cheaply manufactured foreign POS..." you mean Fords, Chevy's and Chryslers?

 

Ever look at the content info for a lot of "American" vehicles?  https://www.howtobuyamerican.com/content/db/b-db-autos.shtml

 

BTW, there's 3 Fords in my garage...

  • Like 1
Posted

By "...cheaply manufactured foreign POS..." you mean Fords, Chevy's and Chryslers?

 

Ever look at the content info for a lot of "American" vehicles?  https://www.howtobuyamerican.com/content/db/b-db-autos.shtml

 

BTW, there's 3 Fords in my garage...

 

You got it...

 

Personally I drive a Toyota, they are typically very dependable. 

  • Super User
Posted

This thread has taken an unexpected turn. I like that. You guys can talk about the "pos" quality of vehicles all you want. We have come a long way in nearly every measurable element of quality over the last 25 years. 200,000 miles is not unexpected anymore, and materials, safety, milage, emissions, comfort, and dependability are far better than it's ever been. With both vehicles and boats, that is what makes buying used a good value for those of us who don't have the deep pockets required to buy new every few years.

  • Like 1
Posted

This thread has taken an unexpected turn. I like that. You guys can talk about the "pos" quality of vehicles all you want. We have come a long way in nearly every measurable element of quality over the last 25 years. 200,000 miles is not unexpected anymore, and materials, safety, milage, emissions, comfort, and dependability are far better than it's ever been. With both vehicles and boats, that is what makes buying used a good value for those of us who don't have the deep pockets required to buy new every few years.

I'll argue that a lot of the deep pocket crowd gets that way by not buying new stuff every two years. They buy the right car/boat and hang on to it for a long time. As far as cars go, I agree with you. It's impressive that cars last as long as they do with the general public knowing essentially nothing about maintanence.

  • Like 1
  • Super User
Posted

I love those folks.  They provide a never-ending stream of nice used boats (and cars, trucks and other stuff) for people like me to buy at a fraction of the cost and not 1) take a beating on the resale value, or 2) chuck money down the financing hole.

 

...while I did go through several (used) boats in a short time frame in the last few years, it was with the goal of zeroing in on what I liked and didn't like, finding out how I like to fish and paying cash for toys.

 

That's true.... 

  • Super User
Posted

I have a dozen or so friends do this & no they do not take a beating, used boats & trucks resale high. But they do have a constant truck/boat note!

Most of them change out rods & reels every couple years as well.

As for me a boat is a tool that gets me from point A to point B & back, the money I save not having a boat note I spend going to the lake!

  • Super User
Posted

This thread has taken an unexpected turn. I like that. You guys can talk about the "pos" quality of vehicles all you want. We have come a long way in nearly every measurable element of quality over the last 25 years. 200,000 miles is not unexpected anymore, and materials, safety, milage, emissions, comfort, and dependability are far better than it's ever been. With both vehicles and boats, that is what makes buying used a good value for those of us who don't have the deep pockets required to buy new every few years.

I'm sorry if I gave the impression I think any vehicles these days are a POS...That wasn't my intent.  I know people who drive all makes and brands of vehicles, and they are - almost without exception - well built, durable and long lasting...it's pretty hard to find a bad one any more (like outboards and boats).

 

We really are in "the good old days"!

 

Are there rare "lemons""  Sure.  And there's a lot of problems caused by poor maintenance and general abuse.

 

Bout a month ago I was following a car into town, and it had a blackened bumper and the distinct smell of a car burning oil...and the thought struck me that I could not remember the last time I saw one like that...when I in my twenties you couldn't go a day without seeing at least one or two like that....and I live in NW WI, in a fairly rural area where vehicles get used long and hard...and I still don't see many like that.

  • Like 1
  • Super User
Posted

I have a dozen or so friends do this & no they do not take a beating, used boats & trucks resale high.

I guess it depends on what we consider high resale.

 

In January, I bought a Ford Escape that had been on the road for 1 year and one week, had about 26,000 miles on it.

 

The original owner paid about $36,500 for it...I paid $23,250.  That's ~36% off a vehicle that'll last me years, $13,250 more for retirement and waaay less interest on the loan...and for a shorter period.

 

Yes, it was a private owner, not an off lease vehicle.

 

About a year and a half ago, a friend bought a new Crestliner Raptor 1850...by the time he was done, he had over $55K in it,  The very same week, I bought an older Crestliner CMV with 3 hours, 34 minutes on the motor (verified by my dealer, not his) for $16,250.  My boat was virtually unused and I paid less than 30% of what he paid.  I did move my electronics over to the new boat, so we can add another $7,500 to mine...but still...that extra $31,250 in the Further North Charitable and Benevolent Fund, invested for retirement sure feels good.

 

I honestly don't feel like there's any one way to do this that is better - everyone is different and they should do what works best for them and how they live their lives.  I'm...ah..."frugal"...by nature and getting the best value for my dollar is a big deal to me - I enjoy it as part of the process.  Other guys love that new boat/car/truck thing and that's what they should do.

  • Like 2
  • Super User
Posted

Friend of mine back in December bought a 2015 BassCat Panter II with a Merc 200 Pro XS, hyd jack plate, hotfoot, i Pilot 112#, two Hummingbird 899c.

Paid $47,250

Sold it for $42,500

Made over $8,000 in bonus money & winnigs

After doing this for 12 years how much ya think he actually paid for the Pantera?

  • Like 1
  • Super User
Posted

...so it looks like a $5K loss to me...

Huh!

I see a $42,500 trade in plus $8,000 down on a new Pantera which will have100% warranty on every thing.

  • Super User
Posted

I love those folks.  They provide a never-ending stream of nice used boats (and cars, trucks and other stuff) for people like me to buy at a fraction of the cost and not 1) take a beating on the resale value, or 2) chuck money down the financing hole.

 

...while I did go through several (used) boats in a short time frame in the last few years, it was with the goal of zeroing in on what I liked and didn't like, finding out how I like to fish and paying cash for toys.

I have a friend that buys the 1 season old boats, uses them until the end of the motor warranty and sells them at a minimal loss. He gets an almost new boat every few years. He just sold a basscat for 3k less than he paid for it 3 years ago. That's roughly $100 a month in, as he calls it, rental fees. He's looking at 2015 Basscat Caracal's right now with less than 50hrs on the motors and 2-6 years of motor warranty left on them.

  • Super User
Posted

Huh!

I see a $42,500 trade in plus $8,000 down on a new Pantera which will have100% warranty on every thing.

Sure...but the $5K is still gone.  The $8K has nothing to do with the new boat...it's like one of those algebra story problems from high school...unimportant info to the solution of the equation...

 

If he hadn't spent the initial $47,250 he'd have had that to spend on the new boat rather than just $42,250...

 

Don't get me wrong...if the guy is happy, it's what he should do; but I'd have trouble eating a $5K loss in one year just to fish.  Other things make me happy.

  • Super User
Posted

I have a friend that buys the 1 season old boats, uses them until the end of the motor warranty and sells them at a minimal loss. He gets an almost new boat every few years. He just sold a basscat for 3k less than he paid for it 3 years ago. That's roughly $100 a month in, as he calls it, rental fees. He's looking at 2015 Basscat Caracal's right now with less than 50hrs on the motors and 2-6 years of motor warranty left on them.

Your friend is a sharp cat.  That's a good system.

Posted

Im a yak guy, but I usually pick up a new kayak every few years to keep up with the industry....

 

I don't sell them off though, Ive found that owning a grip of boats comes in handy when you want to take friends out yak fishing...

 

Its good to be an admiral in a plastic navy!

  • Super User
Posted

Sure...but the $5K is still gone.  The $8K has nothing to do with the new boat...it's like one of those algebra story problems from high school...unimportant info to the solution of the equation...

 

If he hadn't spent the initial $47,250 he'd have had that to spend on the new boat rather than just $42,250...

 

Don't get me wrong...if the guy is happy, it's what he should do; but I'd have trouble eating a $5K loss in one year just to fish.  Other things make me happy.

 

You may want to re-read Catt's post.

 

There are a number of tournaments where ownership of that new boat, motor, anchor, etc., earns winning anglers extra cash over and above the regular prize money.  Hence the use of the term "bonus" money.

 

Even the most simple kind of math would show that this person made a net profit of $3,000 by having the latest and greatest.

Posted

post-45706-0-76368300-1445547503_thumb.jI have a little 2014 Lowe 16ft Skorpion with a 20 Merc ELPT that I make short payments on , I love it ,It's comfortable and that little merc moves it along at 20-25 mph with just me in it ...I bought for fishing and it's fun ...  I'll keep it until it falls apart ......

  • Super User
Posted

I wouldn't say every few years but I went from one Tracker to another a few times. Run a 19 footer with a 90 hp Merc. now. I like the aluminum because it is lighter and I fish alone for the most part. The old lady says I take this bass stuff too serious and nobody wants to fish with me. Oh well. I'll get the 19 1/2 footer the next time around. I like the deck space.

  • Super User
Posted

You may want to re-read Catt's post.

 

There are a number of tournaments where ownership of that new boat, motor, anchor, etc., earns winning anglers extra cash over and above the regular prize money.  Hence the use of the term "bonus" money.

 

Even the most simple kind of math would show that this person made a net profit of $3,000 by having the latest and greatest.

Thanks for taking the time to explain - if that was the case, then yes, it was a $3K profit.

 

If not...and it's still not 100% clear the the bonus money was related to the directly to the boat...then I still think he could have won the money without the new boat.

 

...but I had no idea those kinds of deals were in play, and I appreciate the info.  I like it when I learn new things!

  • Super User
Posted

Thanks for taking the time to explain - if that was the case, then yes, it was a $3K profit.

 

If not...and it's still not 100% clear the the bonus money was related to the directly to the boat...then I still think he could have won the money without the new boat.

 

...but I had no idea those kinds of deals were in play, and I appreciate the info.  I like it when I learn new things!

In my club, which is sponsored by Legend, anyone who wins a 60+ boat tourney, who is in a current or last years model Legend boat, wins $10k from Legend. I know Ranger and Skeeter have similar programs, not sure about other manufacturers.

  • Super User
Posted

Some bonus money is paid just for placing in the top 5 in tournament with 150+ boats.

You can get bonus money from, MotorGuide, Minnkota, Hummngbird, Lowrance, Mercury, Yamaha, Evinrude, & numerious tackle companies.

And no we aint talking Pros! ;)

  • Super User
Posted

Looks like most on here fit right in my income bracket.  I have to buy used junk and make something out of it.  My Javelin R20DC with 225 ficht I bought at auction probably 10 or more years ago with a lot of the motor sitting in the storage compartments, for $5,000.  At the time it would have been a $15,000 $18,000 boat had it been running.  I spent approx. $1,100 fixing it and have been using it trouble free since.  My pickups I buy the same way.  The one I'm driving now is a 2001 4WD Silverado 2500HD I bought for $1,000 with excellent body and interior.  It had be sitting in a field near San Antonio TX for eight years and I had it shipped to GA.  I spent $2,500 on shipping, fixing everything and new tires so now I have a nice truck worth about $8,000 for $3,500. I sold my 1998 4WD pickup for more than I paid for it about 10 years ago, I bought the same way.  Pretty much the only thing I buy new in the way of boats, motors, and vehicles is my wife's car.  She gets a new Toyota Highlander about every four to five years. 

 

However, ya'll have to remember, there's a lot of people out there that can spend thousands of dollar as quick as we spend $10 and think nothing of it.  There is a guy I used to fish with sometimes that traded for a new Stratos 201 every three years and went by the Chevy dealer and traded for a new pickup that matched it.  He's been doing that for close to 20 years now.  Other than in about 2000, he got a 21SS, and traded it the next year because he didn't like it.

 

I could go in debt up to my ears and buy all this new, high dollar stuff like boats and vehicles, but I'm kinda old fashion in that, I like for my money to be mine, and not give over half of it away each month in interest, so if I can't pay cash for it, I wait until I can.  Been doing that about 40 years now, and kinda like that way.

  • Like 3
  • Super User
Posted

Looks like most on here fit right in my income bracket.  I have to buy used junk and make something out of it.  My Javelin R20DC with 225 ficht I bought at auction probably 10 or more years ago with a lot of the motor sitting in the storage compartments, for $5,000.  At the time it would have been a $15,000 $18,000 boat had it been running.  I spent approx. $1,100 fixing it and have been using it trouble free since.  My pickups I buy the same way.  The one I'm driving now is a 2001 4WD Silverado 2500HD I bought for $1,000 with excellent body and interior.  It had be sitting in a field near San Antonio TX for eight years and I had it shipped to GA.  I spent $2,500 on shipping, fixing everything and new tires so now I have a nice truck worth about $8,000 for $3,500. I sold my 1998 4WD pickup for more than I paid for it about 10 years ago, I bought the same way.  Pretty much the I buy new in the way of boats, motors, and vehicles is my wife's car.  She gets a new Toyota Highlander about every four to five years. 

 

However, ya'll have to remember, there's a lot of people out there that can spend thousands of dollar as quick as we spend $10 and think nothing of it.  There is a guy I used to fish with sometimes that traded for a new Stratos 201 every three years and went by the Chevy dealer and traded for a new pickup that matched it.  He's been doing that for close to 20 years now.  Other than in about 2000, he got a 21SS, and traded it the next year because he didn't like it.

 

I could go in debt up to my ears and buy all this new, high dollar stuff like boats and vehicles, but I'm kinda old fashion in that, I like for my money to be mine, and not give over half of it away each month in interest, so if I can't pay cash for it, I wait until I can.  Been doing that about 40 years now, and kinda like that way.

 

Clearly you (along with many of our esteemed forum members) have Advanced Skills & Experience when it comes to repair & refurbishment in many aspects of Boats & Vehicles.

 

The enjoyment & satisfaction you get from that comes through here loud & clear.  And I for one appreciate your willingness to share any & all of it whenever the mood strikes you.

 

I, however, do not possess much beyond the basic maintenance skill level and leave everything beyond that to the "professionals".  

 

So I buy new gear, and take very good care of it.

 

A man has to know his limitations.

 

:smiley: 

 

A-Jay

 

 

  • Like 3

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.