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Owning a Boat?

4111 Views 40 Replies 20 Participants Last post by  TheStreet16
For all you boat owners out there, I need your help/brains :)

I am very interested in buying a boat (nothing huge, just a 5 seater speed boat). Anyways, I'm a complete noobie when it comes to owning a boat. I've been out on the water many times with friends and family but have never owned or operated one myself.

Can you fill me on how what all is involved? Is there more to it than I think?

I've heard someone say "a boat is a hole in the water you pour money into" or that BOAT stands for Break Out Another Thousand.

Is it really that bad? Just curious as to what I'd be getting myself into.

All advice and input is appreciated!

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To the op, you are in fresh water I suspect, and the boat is kept dry - while the price of anything with the word marine in it, is about 2 to 3 times more than something for automotive use, that's about as bad as it gets for you.

To make you feel better about any money you need to throw at it, consider that the guy with the 30 footer at the marina in salt water is paying circa $15k a year to just keep it going...... ;)
Sounds like someone either didnt have the motor trimmed properly, had an outrageous load or was pulling a elephant on a tube. There's no way you shouldve went through that much fuel!!
He did say it was rented. I'd guess a lot of operation at 15mph and full throttle, both would use about double the fuel per mile as operating nicely on plane - eg 25mph to 35 mph
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