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 Topic: Time to sell :(
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13/2/2016 at 4:33pm
Location: East Herts
Outfit: 1992 Elddis Wisp 450CT + X Trail
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Joined: 05/11/2013 Diamond Member 
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Quote: Originally posted by brianconwy on 13/2/2016
Quote: Originally posted by Colin21 on 12/2/2016Boats are a big hole in the water that you pour money into. We have one that we will be trying to sell soon. Ours is on a river and the river licence is horrendous, then there are mooring fees! Chandlers think that anyone who has a boat is a millionaire at least, so money is no object. We did have some good times with boats though, but we just find that we have used it less and less.
It may turn out that way but at least if I try it then I won't regret not giving it a go. The marina fees are around £1600 a year I am led to believe. I know there are other costs but I can always sell the boat if it doesn't work out.
I wouldn't want to put you off, as we had some great times with our boat, it's just that boating on a river is a bit more restrictive than on the sea. There are only two ways to go, and once you've done both a few times....... Also, on tidal waters there's no river licence to find, although you are more restricted by tidal considerations and bad weather. Have fun, we did!
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Best Regards,
Colin
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17/2/2016 at 1:16pm
Location: County Armagh
Outfit: Hobby 700
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Go for it. we sold our boat last year. It was a 38' motor boat. cost £50,00. £2,800 per annum in a marina plus electricity hook up. Crane out and back in again twice a year for hull scrub, anti foul, and rudder, underwater gear checked (done by my husband) cost £500 each time. Insurance £250 approx per annum. Fuel around £1000 per year to take us on a couple of trips irish sea, western isles of Scotland and Isle of Mann. Ongoing maintenance/upkeep issues you will always have with a boat, mechanicals, water pumps, heating etc. some expensive others minor. if you're mechanically minded you can do a lot yourself, otherwise add £2000 contingency. (We were once quoted £900 for eberschpacher heating unit repair and £1000 to change a seized impeller - my husband did both himself). The costs are a caravan x 1000. The sheer joy and fun of being out on your own boat though is priceless. We did it for years and parted with the boat for the same money we bought it for - that doesn't always happen. We don't miss it. We can't believe how well off we are now in comparison. But we did it, we paid for it, and we don't regret it, we have wonderful memories.
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