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Old    Ahren Benziger (azwakeYO)      Join Date: Mar 2010       07-27-2015, 6:17 PM Reply   
I wanted to see what the ww community thought a hour really costs when it comes to newer boats and the depreciation you see when you get high hours on a new boat?
Old    Tim (dezul)      Join Date: Jul 2012       07-27-2015, 6:54 PM Reply   
I think you will have a split opinion on this. Most veteran boat owners know that high hours isn't an issue. It really comes down to if the boat was neglected or taken care of. I like to think 80-100 hours per a year is normal for most people. If someone puts under 50/year I think the boat is neglected. If they put over 150/year then they get a lot of use out of it. I would typically lean to buying a clean, higher hour boat over a neglected low hour boat.
Old    Ahren Benziger (azwakeYO)      Join Date: Mar 2010       07-27-2015, 7:20 PM Reply   
well lets say I have a 2015 g23 with 400 hours id say each hour cost me around 50 bucks.
Old    Clarke (BaadLS1)      Join Date: Dec 2013       07-27-2015, 7:28 PM Reply   
I think you need to take both extremes case by case. I would pay particular attention to low hour boats that are in satisfactory condition. I would definitely want to see document records of maintenance, whether it be from a dealer or owner maintenance. I would also do my homework to understand how much the owner truly knows about his/her boat, how to use it and how/where they used it. Essentially an interview of sorts. I would also evaluate the local economy to understand if a low hours boat is possible (dwindling access to bodies of water, etc)
Old    Ron (Nordicron)      Join Date: Aug 2011       07-27-2015, 8:40 PM Reply   
I think the $50 is pretty darn accurate. Assuming 2 2014 G's same options on each and color and condition 1 has 200 and other 400 I'd expect significant reduction in the 400 hr boat! I'm paying no more than $110k for 200 he and sub $100 for 400hrs! Use them wisely!
Old     (99ProAir)      Join Date: May 2015       07-27-2015, 9:05 PM Reply   
Quote:
Originally Posted by dezul View Post
If someone puts under 50/year I think the boat is neglected.
Are you implying that the boat doesn't get used enough - that constitutes neglect? That's got to be one of the stupidest thing I've heard in quite a while (with the exception of whatever comes out of Donald Trump's mouth). Consider those folks in the PNW or upper East Coast who have a 3 to 4 month boating season. How would putting 50 hours on a boat constitute neglect?
Old     (Thrall)      Join Date: Oct 2010       07-27-2015, 11:35 PM Reply   
Haha dezul..... My 06 is definately neglected! Being 9 yrs old and only 185 hrs, it's ready to fall apart.
No one would ever want to buy it! Lol.
But after the orig owner putting 48 hrs on it in almost 4 years, a year off due to wife's heart surgery, another summer moving to WA, another summer, almost 2 in AK left boat in WA and a few distractions like kids' sports, work, other hobbies, more work, my boat is in shambles.
Oh wait, it's not, it sits in the shop clean, dry and well maintained until we are able to use it!
Old     (kx250frider617)      Join Date: Aug 2013       07-28-2015, 12:46 AM Reply   
I think what he means to say is the average joe blow who bought a boat just to have, who only put 30hrs a season, won't ever change the oil in the life time of the boat, will leave old gas in the tank for months at a time, will let rodents make home under the cover that he hasn't removed in months, etc. Obviously, if your on this forum, you take care of your boat more than others. But, the average business man doesn't.

I've seen this more often than not, a boat with 80 hrs that looks like it's been sitting in a dirt lot for years. FYI, they still clean up good, but you know the mechanical stuff was never taken care off. I've also seen a 800 hour salt water boat look better than 100 hr fresh water boat. Like said above, the key is to buy a used boat from an owner that actually knows what he has or knows what he is talking about.
Old     (Bit)      Join Date: Aug 2014       07-28-2015, 1:50 AM Reply   
350h - 5 years - New leftover Supra 21V from 2008 - bought 2010 sold 2015 - deprication of the boat: 65.- per h

Last edited by Bit; 07-28-2015 at 1:52 AM.
Old    Tim (dezul)      Join Date: Jul 2012       07-28-2015, 2:32 AM Reply   
Quote:
Originally Posted by kx250frider617 View Post
I think what he means to say is the average joe blow who bought a boat just to have, who only put 30hrs a season, won't ever change the oil in the life time of the boat, will leave old gas in the tank for months at a time, will let rodents make home under the cover that he hasn't removed in months, etc. Obviously, if your on this forum, you take care of your boat more than others. But, the average business man doesn't.

I've seen this more often than not, a boat with 80 hrs that looks like it's been sitting in a dirt lot for years. FYI, they still clean up good, but you know the mechanical stuff was never taken care off. I've also seen a 800 hour salt water boat look better than 100 hr fresh water boat. Like said above, the key is to buy a used boat from an owner that actually knows what he has or knows what he is talking about.
I think you hit the nail on the head. There are boats out there that rarely get used except for the occassional booze cruise once or twice a year and they sit on the lift the rest of the time. These are the boats I am concerned with. I had a bad experience with a low hour boat in the past. I feel if the boat would have had more use each year, some of the problems would have never happened or would have been repaired.
Old    Tim (dezul)      Join Date: Jul 2012       07-28-2015, 2:35 AM Reply   
Quote:
Originally Posted by Thrall View Post
Haha dezul..... My 06 is definately neglected! Being 9 yrs old and only 185 hrs, it's ready to fall apart.
No one would ever want to buy it! Lol.
But after the orig owner putting 48 hrs on it in almost 4 years, a year off due to wife's heart surgery, another summer moving to WA, another summer, almost 2 in AK left boat in WA and a few distractions like kids' sports, work, other hobbies, more work, my boat is in shambles.
Oh wait, it's not, it sits in the shop clean, dry and well maintained until we are able to use it!
I bought an '06 in 2012 with 120 hours on it. It burned oil. Just cause you maintain your stuff, doesn't mean everyone else that sells a boat does.
Old    Matthew Welton (all2matt)      Join Date: Apr 2015       07-28-2015, 6:55 AM Reply   
i just sold my 2010 tige Z1 a few weeks ago and it cost me $34.10/hr. put 302 hrs on it and sold it for $10,300 less than what I bought it for. but this doesnt inlcude winterizing, new jack, 1 ballast pump, and gas. so probably $3700 in gas + 1800 in maint + $2000 insurance , so after that being figured together Im at $59.01 total use for the boat...... OH wait I forget drinks, food, boat cleaner. just kidding :-)

Last edited by all2matt; 07-28-2015 at 6:58 AM.
Old    Matthew Welton (all2matt)      Join Date: Apr 2015       07-28-2015, 7:02 AM Reply   
after figuring all this out, if you find a rental place that rents wake boats and they are under $60/hr, then jump all over it!!!!!! heck even at $75/hr if you get bthe boat all day for less than $450 that would be a better deal than buying your own.
Old    Tim (srock)      Join Date: Mar 2002       Yesterday, 7:11 AM Reply   
Its best to never do these calculations on anything you really like
Old    Nick Tomsyck (sidekicknicholas)      Join Date: Mar 2007       Yesterday, 8:52 AM Reply   
Most of these seem values seem to be a new / newer boats.... but the used market is still so strong with the crazy $$$$ for new boats... I think this number is FAR less.

First boat I owned on my own - 1992 Hydrodyne, paid $8000... put 350 hours on it over 3 years, sold it for $7500. Lost out on gas(lets say $2500), insurance ($600), and ~$1000 in stereo upgrade.... total loss ~$13/hr.

2nd Boat - 95' Supersport Nautique .... paid $18k, after tower and ballast was in at $20k. Put on 500 hours, sold it to my brother (gave him a deal) for $16k. After gas, insurance and loss on sale, it was ~$16/hr.

Current boat - 04' LSV (we stole the thing) and paid $24k. With upgrades and insurance have another $1000 into it. This summer we've put on ~60 hours, I wouldn't be shocked if I could sell it for $30k next spring.... so there would be profit if we chose to go that route.
Old    Garon D (gpd005)      Join Date: May 2013       Yesterday, 1:21 PM Reply   
Quote:
Originally Posted by sidekicknicholas View Post
Most of these seem values seem to be a new / newer boats.... but the used market is still so strong with the crazy $$$$ for new boats... I think this number is FAR less.

First boat I owned on my own - 1992 Hydrodyne, paid $8000... put 350 hours on it over 3 years, sold it for $7500. Lost out on gas(lets say $2500), insurance ($600), and ~$1000 in stereo upgrade.... total loss ~$13/hr.

2nd Boat - 95' Supersport Nautique .... paid $18k, after tower and ballast was in at $20k. Put on 500 hours, sold it to my brother (gave him a deal) for $16k. After gas, insurance and loss on sale, it was ~$16/hr.

Current boat - 04' LSV (we stole the thing) and paid $24k. With upgrades and insurance have another $1000 into it. This summer we've put on ~60 hours, I wouldn't be shocked if I could sell it for $30k next spring.... so there would be profit if we chose to go that route.
you took the words out of my mouth. If you are ok with a used boat the $/hr drops quickly!! I've never figured it because if I wasn't spending the money on my boat it would be on a car or a motorcycle or something else. It's a hobby and I enjoy it. I'd much rather spend $30/hour in a boat with my family than $20 to see a movie. You can't put a price tag on family time on the water. Just my $.02

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