Post a message

Muskie Discussion Forums

Search | Statistics | User Listing

You are logged in as a guest. ( logon | register )

Posting a reply to: Re: What would you do?

Muskie Fishing -> Muskie Boats and Motors

Guest name

Subject

Message

Emoticons

[QUOTE]NickD - 9/2/2015  2:23 PM

Wish I would have done that....

I wanted a very hard to find boat back in 2007 2008.  So I bought a brand new Tuffy 1760gt.  More or less a unicorn as far as the used market goes. Obviously had to finance it since I was in my mid 20s and had nothing to trade in on it.  I was single good job etc so I paid it off fast but still had to pay a bunch of interest but most importantly the depreciation hit is terrible.  When tucker decides he wants an 1890GT like I did his depreciation hit on the same blue 1760 is gonna be next to nothing.

I was able to upgrade to a newer bigger boat without having to tack on too much extra cash but had I bought a boat in the low to mid teens to start with I would have been much farther ahead.....

But we need the wealthy old guys to keep buying new otherwise there aren't any good used ones :)[/QUOTE]

HTML: Yes
Anonymous: Yes
MBBS Code: Yes

Disable HTML
Post anonymously
Enable emoticons

You are replying to:

NickD

Posted 9/2/2015 2:23 PM (#782875 - in reply to #782773)
Subject: Re: What would you do?

Posts: 296

With a 15k budget you can find a very nice rig RIGHT NOW that won't depreciate too much. Save more and sell this one and you can buy a Tuffy 2100 used for upper 30s in 4-5 years and you did the whole works without a loan. I would suggest setting a budget at 75% of what you have saved. Just in case you need to add an accessory or 2 and you still have some cash in the next boat fund. And start searching now to find a boat. Showing up with cash in hand is a great way to get what you want used.

Wish I would have done that....

I wanted a very hard to find boat back in 2007 2008. So I bought a brand new Tuffy 1760gt. More or less a unicorn as far as the used market goes. Obviously had to finance it since I was in my mid 20s and had nothing to trade in on it. I was single good job etc so I paid it off fast but still had to pay a bunch of interest but most importantly the depreciation hit is terrible. When tucker decides he wants an 1890GT like I did his depreciation hit on the same blue 1760 is gonna be next to nothing.

I was able to upgrade to a newer bigger boat without having to tack on too much extra cash but had I bought a boat in the low to mid teens to start with I would have been much farther ahead.....

But we need the wealthy old guys to keep buying new otherwise there aren't any good used ones