was speaking with my buddies about the 'free' boat that they got to use from their boss
“Free” boat.
was speaking with my buddies about the 'free' boat that they got to use from their boss
Ya….owner bought the boat (or got it as payment for a job), and owner pays insurance.“Free” boat.
A colleague came from the boat show talking about a small runabout only being $XXX per month. I pointed out that the $XXX per month continued through the winter when it was in the back yard covered in a foot of snow.I was speaking with my buddies about the 'free' boat that they got to use from their boss. I believe it's a 90s bowrider of some sort.
$250 to fill up at the marina, and all good for now.
Let's just say that they had a not so happy face when faced with the bill to winterize....IIRC last they told me it's about 2k (some minor maintenance, and wrapping the boat in prep for winter).
I didn't ask as I tried not to laugh.
Needless to say...our days of considering to buy a boat are effectively over once we tallied the 'how much for buying it? how much are we actually going to use it?' discussion was held.
Ya….owner bought the boat (or got it as payment for a job), and owner pays insurance.
The guys are responsible for maintenance, and storage.
Honestly it doesn’t sound like too bad of a deal.
I was out for a walk and a guy on a street nearby was emptying out his large boat.We get one or two every year “abandoned “ at our yacht club . Engine is pooched , guys wife hates the boat ,deck is rotten , whatever . It’s 3k to be in the water and 2.5k winter , 5k a year with a boat valued at 5k , they ghost on us .
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Baller.
Bruckmann builds beautiful boats. .
In a BS discussion a fellow boater said if he won a Powerball lottery he'd buy all his friends boats. Would they be able to keep them?It is a good deal so long as people understand that a free boat is only free up until the second they get handed the keys. Or the boat is actually worth serious money and the deal is very beneficial.
Like I said, my sisters and BIL’s boat may end up being a free giveaway when it’s said and done as a cottage boat for someone, but the new owner better well understand it’s still going to cost them many thousands of dollars a year to use regardless. Unless we’re just talking a runabout that can sit and rot in someone’s driveway, or someone has a big enough piece of property to store something big and also just let it sit, a free boat is going to cost you a lot every single year regardless of being “free”.
At any responsible marina the boat has to be insured and if older, that means a survey. That usually means a lot of work or money.We get one or two every year “abandoned “ at our yacht club . Engine is pooched , guys wife hates the boat ,deck is rotten , whatever . It’s 3k to be in the water and 2.5k winter , 5k a year with a boat valued at 5k , they ghost on us .
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almost any marina now will have to have insurance , if a boat sinks at the dock (happens more than you think) or starts a fire , the marina is now called co defendent if the boat is uninsured. Its on every seasonal rental agreement , even in hicksville, if you dont have to actually spell it out you tick a box that says your insured. Tick and dont have it and sign the form , its fraud. The Ontario marina association has templates to help small operators , even at peckerwood lodge they belong to the marina operators association for the group rates on operators insurance.At any responsible marina the boat has to be insured and if older, that means a survey. That usually means a lot of work or money.
Garbage attracts garbage so marinas don't want the liabilities of the derelicts. If everything on the boat is baffed, salvage items aren't worth enough to pay for the transport and tipping fees to scrap a derelict hull.
$12K per person for a 1-week cruise on the Great Lakes from Toronto to Milwaukee.Apparently this was in the Perry Sound Harbour this morning
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What the hell do the great lakes have to offer that is worth $12k.$12K per person for a 1-week cruise on the Great Lakes from Toronto to Milwaukee.
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I suspect they are targeting Europeans. I'm with you.What the hell do the great lakes have to offer that is worth $12k.
Am I the only one that thinks that's crazy.