Aluminum Boats- Good/Bad? - The Hull Truth - Boating and Fishing Forum May 03, �� The difference between a good- and bad-riding boat is how you�ve gone from whatever number you have at the transom to the number at the bow.� Regulators, like many fishing vessels, feature a single chine on each side of the boat. The chine usually forms a sharp angle � as sharp as possible with fiberglass. Jul 25, �� Boats are a good investment if you don�t overshoot your budget. If you research your options and go for a vessel that you can afford, nothing trumps the joy of spending time on the water. However, a boat can definitely also be a bad investment. Boats vs. Ships vs. Yachts. Depending on where you are, some people will use the words "boat" and "ship" interchangeably. However, if you don't refer to a yacht appropriately, you may find yourself accidentally offending the owner.
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Not every investment makes financial sense, and a boat is one of them. Despite the huge initial capital, a boat offers far more dividends than money can buy if you are prudent with your choice. One of the main reason many people love boats is the extraordinary tranquility that comes with spending time on the water. Though boats are expensive to buy and maintain, they help you unplug from the hustle and bustle of the city. You can go far away from honking cabs, traffic-heavy commutes, and hectic workloads.

Owning a boat helps you relax, reduce stress levels and break the monotony of daily life. Owning a boat offers a plethora of possibilities to have fun and unwind. Whether you love wakeboarding, waterskiing, snorkeling or fishing, there is a limitless amount of recreational activities on the water. Most people are distracted by their smartphones and social media feed nowadays.

Time spent on a boat gives you and your family a rare opportunity to connect at a deeper level. Because a boat forces everybody to share a small space, you can catch up on each other without video games and other distractions getting in the way. Also, boating offers the whole family the opportunity to learn basic survival skills, teamwork, fishing and so much more. Many families and friends remember the memories they had on boats with nostalgia. Nothing compares to that feeling.

Updates to the U. S tax regulations in now allow entities including LLCs, partnerships, and corporations to write off the purchase price of a boat. The new law also allows you to deduct the cost of renovating or upgrading the vessel within the year of purchase.

There are also tax benefits for people who buy boats that can be categorized as homes such as vessels with cooking, sleeping or bathroom facilities.

There are far more species in the water than you would find on land. Owning a boat provides the opportunity to see some of the most iconic aquatic species up-close and personal in their natural habitat. The joy of watching scores of dolphins stream past your boat or rare turtles snuggling up to you is beyond anything you can experience in the city. People who advise against buying a boat make valid points.

Here are some factors that make a boat a poor investment. Besides the purchase price, you have to pay tax, insurance, registration, licensing and berthing fees among others. These expenses quickly stack up and eat into your finances. But smart boaters do the math before embarking on this journey.

Again, boats require intensive and regular maintenance. In fact, the less you use them the more they require maintenance.

From winterizing to hull repairs, engine servicing, and prop replacements, there is always something to do on a boat. Veteran boaters use tried and trusted strategies to ensure the cost of maintenance does not overshadow the satisfaction of owning a boat.

Boats depreciate quickly, so most people lose money when they sell their vessel after a few years. You can avoid this problem by making sure you really need to own a boat before getting one. During that time, try to understand the responsibilities that come with owning a boat and how to mitigate them. And when you finally decide to buy a watercraft, hunt for the best deals and plan on using it for a long time. Outboard or sterndrive engines provide a smooth ride, and ample seating is available behind the cockpit area, which can protect you from spray.

The V-shaped design of the bottom is great for easily navigating through different water conditions. Stocked with amenities, cabin cruisers are a spacious and comfortable type of power boat you could live on. This boat offers enough space for seating and movement and ensures a smooth ride in all water conditions with its wide, V-shaped hull. Some of the different types of cabin cruisers include:. Photo via stingrayboats. Hardy and reliable, center console boats are named for the central location of the steering column and are ideal types of boats for sport fishing.

A deep V-hull creates a smooth ride in offshore waters, and the durable outboard motors can handle choppy waves. With plenty of seating and cover, this type of boat is also great for day cruising. Photo via baylinerboats. Similar to a bowrider, a deck boat has the same sleek design with even more seating capability.

The difference between the two is the rounding of the V-shaped bow. This simple change gives deck boats more space, making it perfect for entertaining, fishing, or just enjoying a day in the sun.

Photo via lamarboats. A common type of rowing boat or inflatable boat, dinghys are small vessels that act as helpers to larger boats that may not be able to navigate tight areas. The flat bottom allows easy movement through shallow waters without becoming stuck.

Some are equipped with outboard motors, while others rely on paddles for power. Along with inflatable models, these boats can be made from fiberglass, aluminum, or marine plywood. Features like built-in ski racks, elevated platforms, and fishing chairs can be added or removed to accommodate different water activities. Similar to bowriders, fish and ski boats have ample seating for the entire family and protective windshields, which will provide a comfortable ride no matter your speed!

Photo via andersonracingdcbm Think of the high performance boat as the Ferrari of sport boats. A good investment has a single trait, no matter what the investment is, that connects all investments together. In order to group them into either good or bad investments.

That trait is, the buy! No matter what it is, a car, truck, motorcycle, shoes, books, clothes, houses, boats, stocks, funds, food, travel, and anything and everything else that you invest your money into. What makes a good investment is whether it is a good or bad buy. A deal is a deal no matter what. House flippers make all their money at the buy. If you buy it low, then you make a killing! The same goes for your car. If you buy a brand new car and make payments on it; that is not a good buy.

So if you are looking to make a good investment in your vehicle, you look for a 3 or 4-year-old car with really low miles! The same goes for the boats.

A boat loses its value at a much higher rate than a car. The main thing to understand about that is that a boat engine is built to operate at high RPMs or rotations per minute. This means the wear and tear on the engine is a lot higher than your trucks.

Therefore, the longevity of a boat engine is dealt with in hours. So the higher the hours, the more tired and worn the engine will be. Another factor about a boat motor is the age. Freshwater engines are not affected by this nearly as much as saltwater engines are. Read this article here to find out about the effects and difference between freshwater and saltwater boating. There was a time when 2-stroke outboard engines ruled the market. You could get a couple thousand hours out of the engine, but then it would need to be rebuilt.

Whereas today with the advancements of 4-strokes; we see engines getting up to into the hour ranges! This is not the norm though. Engines will hold value based on that hour mark. At the same time, we need to look at the age of the engine. We are concerned about the life expectancy when we are talking about investments. So if you are looking at a year-old engine. You are on the last leg of that engines expected life; which equals a poor investment.

If an investment makes all of its ROI return on investment when we buy it; then a boat can be a bad investment if it is overpaid for. This means overpaying for a super clean boat, that has a year-old engine on it with hours! Which is when we have to take the engine off of the boat and install a new engine onto it. This can get expensive quick, depending on the size of the boat and the number of engines that it has on it.

Also, what does the rigging look like? If the engine has to be replaced, can you use all of the riggings and stick with the same engine manufacturer? There are a lot of things that need to be looked at in order to determine whether a boat is a good or bad investment. The buy is where we decide whether or not the boat is either of these. Here is another article that tells you what are the top things you want to look at on a boat or project boat before buying it. Covering all of these bases will keep you from spending your money on a boat that is way overpriced.

The last rule of thumb that I would suggest thinking about is; in a pinch can you just turn around and sell the boat for what you paid for it? If a boat is sitting for sale for a long time and no one is buying it. Then it is either a lot of work or it is way overpriced.

When you go to resell it, those that buy and restore boats, pick them up for next to nothing, and they make all their money by doing the work. Next, comes the consideration of what does it actually cost to own the boat? Are you trailering it and keeping it at your house? Do you need to pay for dockage or a storage facility? Do you have a sufficient vehicle that can pull the boat if you are trailering it? There are a lot of variables when it comes to deciding what it actually costs to own a boat.

Every single person is going to have a different situation. These are most of the things that you are going to want to consider for budgeting out what it is going to cost you to own it. If you are looking at a small boat that is on a trailer that your truck can tow easily and you have a great spot next to the garage to keep it safe.

Then your cost there is going to be pretty low. If you are paying for storage, depending on the size of the boat can reach up into the thousands per year. The next cost is maintenance. Maintenance on a boat is everything.

This is the life of the engine and the longevity of your investment.




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