Duane2135

Members
  • Content count

    1,926
  • Joined

  • Last visited

1 Follower

About Duane2135

Profile Information

  • Gender
    Male
  • Location
    Mansfield, TX
  • Interests
    Boating, Texas Hold'm, and socializing with friends,
  1. Cool
  2. I agree, but at the cost of more "One & done" clients. It has to all but ruin a boater if they want out early, or want to upgrade. Their upgrade options must be limited when upside down. I have an acquaintance that bought a brand new Sea Ray 26' weekender (I don't know the exact model) in 2012. He now has unexpected health issues. They've sold their Harley, sold their RV, and are struggling to sell their boat, which has a 20 year note, and has been listed for a year. They will either have it repo'd, or will have to cough up many herds just to unburden themselves. All this while one is ill, not working and possibly terminal.
  3. Nicely put! I really need to get up your way, I still owe you dinner for all the advice you've given me.
  4. It's smarter financially to think this way. Sure it can be rationalized to finance a toy for 20 years. After all people rationalize killing their spouse instead of divorce. It's all fun and games till your caught! Heres the boat industry problem. The pricing goes up so much faster than inflation. A new boat is out of reach for most Americans. Even before factoring in maintenance, storage, and mishaps. Pontoons are popular with manufacturing because they are easy to build, and far more profitable. Manufacturers have discovered that they can jazz them up with plush seats, nice stereo and some hp and they can get 70 herd all day long on a boat they can mass produce in 1/4 of the time and expense of a fiberglass boat. At shows they put the behemoths next to a comparably priced boat, and newbies think, "wow I get so much more seating for the same money." Another problem the industry has created with the 20 year note. In the past a new boat buyer would finance for 5 years, and is usually ready to buy another within that time frame. However with the long term loan, a buyer is so upside down that once he finds a way out from under his obligation, he has either lost his credit worthiness, or he was so beaten by the loss, that another boat is probably not in his future. What I'm saying is the long term loans were a band-aid for an overpriced hobby. But it came at the expense of killing future sales and keeping people in the hobby. i bought an older boat for cash. In 8 years I have doubled my investment with upgrades and freshening it up doing most of the work myself (another form of therapy). All with cash in hand. it's all paid for. I'm never stuck. When I sell, I'll have money to use elsewhere. I see this as freedom. Upside down loans keep many Americans enslaved. It's amazing how they don't even see it.
  5. That doesn't add up. I re read that statement several times in the article. If sales are that bad then what is there to sell?
  6. The Chap will feel a lot better than your AR, and can handle much bigger and rougher water. But as Brick alluded to, you have to pick good weather window. If you cross with your Yammi buddies you will be more comfortable then they will be.
  7. 33,000 miles? Do you live up north where they salt the roads, or are you by the ocean?
  8. Looks like your bump stops are getting used a bit there. Nothing to worry about, and a cheap fix.
  9. Sorry you didn't get the any answers to your questions. I personally have never heard of the Volvo 431, so I can't help either. This site is FULL of naysayers, with most very are conservative. There are a few members that are gold here. Most mean well, but they tend to error on the side of caution. my guess is the engine and/or drive is shot, and when it died the boat was dumped. I'd be surprised if the dumper bothered to winterize the boat before they dumped it. But that's a guess. Good luck.
  10. My trailer had side bunks that ran along side the boat. They kept me from being able to clean the sides, and added stress to the fender supports. So I took them off. The only time I miss them is when I have a cross wind or flowing water at the ramp.
  11. Lewisville West Marine also closed shop. The problem with 2nd - 3rd generations is they think the grass is greener elsewhere. Many, later figure out later that the payout was a short-term gain, and most end up enslaved to a boss; who keeps them around at the bosses will. At the end of the day, no one takes care of you, but yourself. You either go make your dreams come true, or go to work for someone else working on their dream. Im a business owner now for the 4th time. I've also worked for small businesses and corporations. If I had stayed with the corporate life I probably would have made more money over the last 30 years, and I'd have more saved for retirement. But I myself was miserable with both of my corporate jobs. I had much happier results with small business, but found loyalty to employees lacking there too. Ultimately, work is work, it all sucks compared to play time. But owning a business is rewarding and while I may can make more money elsewhere, you have to evaluate you happiness with your environment. Sure I get frustrated and carry higher risk of failure, but I'm in control and if things aren't making me happy, I have the power to change things up. This is wisdom that I have now, but it cost me 30 years to realize it. Young 2nd & 3rd generation kids come in thinking they can/will do better. A few do, most don't. Life's a tough teacher. Tougher than most of our youth is prepared for. Boats and cars are accelerating in cost faster than the economy and are getting farther and farther from the average joe. Buying new cars and toys by financing only ensures that your monthly expenses stay high, also enslaving people to the thinking that they must have steady pay. This keeps many from taking the risk of business ownership.
  12. I found the best pricing from Lighthouse Marine for manifolds. In fact with the savings I went with OEM parts. You can find them by doing a google search for Partman.
  13. It would need to be a good deal with full flight test prior to purchasing, and only after confirming by mfg that the serial number doesn't come back stolen. If stolen, you won't be able to register it and it may not allow you to fly it, due to a lockout feature built into some models.
  14. Ouch, glass is really hard to find on out of production boats. Wish I had more help. However you may try Cecil Marine.
  15. Cool