9.08.2005

The Cost of Boating

A friend of mine who,, I would consider a semi-pro fisherman put $100 worth of gas in his boat this past weekend. It ended up filling half of the 60 gallon tank. Seeing as gas prices are so high, he pondered how much gas he has used since he purchased his boat. Fortunately for him, the gauges on his boat monitor everything in his engine and this information was readily available.

In the past 2 years he has used just over 1200 gallons of gas. At a conservative gas price of $2.50, that's over $3,000.00. He didn't even know that it was that much. All I can say is that I am glad I don't own a boat!

4 Comments:

At 9/08/2005 10:43:00 PM, Anonymous mbhunter said...

My wife and I have an ongoing joke whenever we see a boat in someone's front yard. We say "Look, Honey! It's a boat! And it's for sale!"

Seems like a lot of people buy a boat, realize that to haul around said boat you need a trailer and a muscle truck that get gallons to the mile, and that's even before you get to the water! Then you chug through $hundreds boating around, and have to haul the thing back.

 
At 9/09/2005 07:54:00 AM, Blogger Madame X said...

You can save on gas money by sailing instead of having a powerboat, but that still costs a fortune in other ways!

 
At 9/09/2005 08:41:00 AM, Blogger Financial Fruition said...

Very true Madame X, but it is very hard to fish out of a sailing boat! I definitely would agree though there are trade offs to both...one example being the ability to trailer a power boat and not pay docking fees as opposed to most sail boats sitting in a harbor and paying a dock fee.

 
At 9/09/2005 08:27:00 PM, Blogger Keith said...

I love boats, but in my experience they are never-ending money sinks. Gas is just the start of it. Payments, storage, slip fees, launch fees, equipment like skis and lifevests and tubes and coolers and floating keychains, and last but not least--REPAIRS.

Is it just me or are boats basically always breaking down with one problem or another? We call it our family curse, but I've been assuming for most of my life that it is like that for everyone. :-)

 

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