Date: 3 January 2017. Turn-Key versus
*Member of the Mailing List for my site asked for advice on how to buy his
Last Boat. We both grumbled about sellers who lie, obfuscate,
misrepresent and hide important facts about their boats. Folks, if
your deck is so squishy I'm sinking in, please do not have the
audacity to call your boat
in "Good Condition". It's a fixer-upper.
the Mailing List: That may sound fancy. It's me so it's easy. Simply
put, each time I upload an article members get an email with a link
to the newest post. Actually what I do is copy off the top three
items from the
page. [Email me at
email@example.com and say you'd like to be included.]
A PROPERLY PRICED boat with
even serious issues is
appropriate for some buyers. For those of us past the half-century
mark having a boat that can be used immediately is often a higher
priority. We don't have the time and years necessary to bring back
from the graveyard a once fine vessel.
The problem is twofold:
Buyers want a
turn-key vessel at at fixer-up price.
Sellers think their fixer-upper is a turn-key yacht.
*Turn-key is a term meaning you get on board, flip the ignition
switch and the engine starts. She runs a-okay. Everything aboard the
vessel works perfectly. Turn-key is the Ideal Boat for those who can
where many have problems... reconciling the desire to "steal" a
boat, get a bargain and make money in the process. Let me tell you
right now: that scenario is not likely to happen.
boating are not about making money.
You are making memories and they are priceless!
For me I knew that a Turn-Key boat was not on the horizon. My budget
was not going to get much more than fixer-upper. I realized the
layout was "set in stone" so that aspect had to meet my expectations
and desires. Seaweed has good bones.
then I was younger. I had the luxury of time to make her into all I
am on a tight budget I had to opt for a boat that didn't have all I
wanted at purchase. I knew Seaweed would over time have the
accoutrements of fine life installed. Those items do improve her.
They allow for long term happiness afloat. It has only been within
the past year (nearly nine into my journey) that I have achieved the
level of decadence I imagined all those years ago.
Boat (Gulfport too)
article describes some
of my journey creating Seaweed as an off-the-grid haven.
is the same for me and the million dollar yacht anchored nearby. We
both have great views. We enjoy the same world.
If I had the resources back then to "have it all" and
buy turn-key, you bet'cha I'd have done so. I wanted it all then and
still want it all now. The difference is I'm close now to what I
imagined way back when.
Where the problem comes into
play is when a successful man wishes to buy a boat. Some wealthy
people do not want to spend unless they can make money. At the very
minimum they wish to break even. Therefore pouring money into a boat
doesn't seem logical/wise.
Boating is not
an investment measured on a profit or loss spreadsheet.
some should open their wallets and buy what will make them most
comfortable immediately, provided the resources are there. Obviously someone who
has worked hard and been successful can afford a nicer, bigger,
buy it today. Enjoy life NOW while you have your health. Don't wait.
You could be like Edwin enjoying an afternoon cruise
while calling on the VHF. Life is good afloat.
Looking for a
bargain while time speeds by is not smart.
None of us are getting any younger. Read Bob's article
every day until you find your Last Boat. Then buy her.
I suspect I have the better and happier outlook than many. I know
that boating is about the experiences gained. There is joy, wonder
and quality of life afloat.
a channel, observing wildlife and making memories. That is my life.
Boating is not about profit and loss. Not for me.
You will not be making money buying a boat.
You are gaining the experiences of life out here.
Thinking you can purchase a boat
and then sell her years later for more than you paid is crazy. Why
do some think that is possible?!? As boats age they are worth less.
Your car doesn't go up in value after you use it for a few years.
Why would anyone think a boat would become more valuable?
Airplanes, boats, cars and RVs are
not investments. They facilitate wonderful experiences that are open
to only a few. You cannot think of a boat as a Profit Center.
Boating is not a money-making proposition.
Life afloat is a memory-making experience.
No man or woman looks back on their life and thinks 'I should have
worked more...' A happy life is about the enjoyment offered and being
smart enough to grab it with gusto!
camaraderie, adventures and making a lifetime of memories.
That's what my Seaweed is to me. And the same can be true for you.
Don't wait to buy your Last Boat.
How long did it take to find your Last Boat?
And, how long have you owned her?
Pam in MN says on 6 January
2017: Good boat buying insights,
Janice. As someone who is learning, the hard way, about the boat
buying process I can appreciate the turn-key versus fixer-upper
balance in purchasing. I missed out on a great little boat that
wasn’t turn-key, but all the needed repairs/restoration had been
professionally done – all that was needed was outboard repower,
steering system install, electrical system rewire and a few
other things. It was a simple boat with simple systems, but I
was spooked by what needed to be done (not having owned a boat
before). Now, I have a better perspective about what would be
repair hell and just finishing up a great recommissioning start.
Live and learn!
Me: You are not the only
one! M didn't appreciate a boat that had "almost everything" and
then it was bought out from under him. Finding the right one is
a challenge. More than I'd imagined...
A couple days ago we
drove hours south of here to see another potential. It was a
beautiful boat, but with a structural problem that could not be
solved without major money. Plus it lacked an autopilot. M is
convinced an autopilot is critical to his happiness quotient.
And therefore it is.
What I might
like/want/wish for, and another, well, those are two different
things. Every one of us rues the "one that got away" -- for me,
it was a sister-ship to Seaweed. What I didn't know then was
that mine didn't track.
That one, by virtue of
the keel that all 23' Schuckers (except mine!) have, well, it
will steer a straight course. Such is life. For now and the
foreseeable future, short days are fine. An autopilot might be
nice someday however it is not critical for me. I don't get
tired on the shot hops I prefer.
Each of us has shopped
and "missed" something.
You will find Your boat
one of these days. And though the one that got away had
potential, it also had work too, before you could use her. We
have options, and that is to buy and use now, or work on a boat.
Your decision to pass was right for you at that time.
Thank you for your
comment Pam. Not to worry about the one that got away. Another,
better, finished one will come along. I just know it! Good Luck.
Christmas Connections ~
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