Fisherman Rob
Well-Known Member
20 yr loan at 6% on an asset that depreciates to about 15% of its original value in that term! Manufactures may have found a way to keep the lights on but is that sustainable?
Funny, one of the things I love about this forum is the DIY mentality of most of the members. Most of us work on our own equipment, install and wire in new accessories, some even fabricate entire new assemblies or invent/modify gear or fixtures to solve problems. I think it's a very refreshing change from the 'get a new one' attitude across most of the community.Can you imagine how much you have paid for a 20 yr "loan" on a boat..... at 6 % over 20 years do the match it will hurt badly!!!!!!! problem in most want top end boat for there first one no one wants to or do the time to fix up a used one or dont know how we have kinda lost touch with that aspect in life its easier to just go buy a new one.....
Can you imagine how much you have paid for a 20 yr "loan" on a boat..... at 6 % over 20 years do the match it will hurt badly!!!!!!! problem in most want top end boat for there first one no one wants to or do the time to fix up a used one or dont know how we have kinda lost touch with that aspect in life its easier to just go buy a new one.....
Not many guides can make enough money guiding to pay for a new boat. They would have to be financially independent outside of the business.I know a ton of fishermen and I can't think of one that has bought a brand new boat(other than a couple of guides).Maybe it's a class distinction,I know mostly trades people,middle class I guess.But we sure are innovative as "sly-karma" say's we rebuild,repower,reinvent used boats and do our own maintenance whenever possible.When maintenance is @$100 an hour and the new price of boats is out of sight, I don't see that changing soon. When I can't do my own maintenance anymore it will be my time to get out of fishing/boating,no other choice.
I figure someone is going to reinvent the small boat in my lifetime. Slower, cheaper and more fuel efficiency will be the name of the game.
That should be a great package. Lots of people think you need a ton of power due to the time they had four big guys and a cooler full of fish on board. Truth is most of the time it is just two people on a boat and when you try going 30mph it's just too rough.Sorry, 90, 4 stroke.. The one on the hurston listed above
If people don't buy new small boats anymore then no wonder the existing ones become rare and expensive. Most of the 17' models came from the late 70s to late 80's era - that's when even pros like Rollie Rose guided out of such platform - following that the Trophy and Striper wave hit and most switched to 19'+ boats. So that leaves one looking for a 17' with only 30-40 year old boats that either need a near full rebuilt and repower or a suicidal attitude. And if someone has gone through the process of properly rebuilding one of these old 17' with all the personal customizations then he/she is unlikely to let go of this personalized rejuvenated gem. I did 3 years ago and my 17.5' Campion was gone within few days for full asking price outside the traditional selling season.