Chimo
Well-known member
- Joined
- Oct 24, 2016
- Messages
- 745
- Fluid Motion Model
- C-26
- Vessel Name
- Chimo
- MMSI Number
- 316033437
I've been pondering this question for quite a while. Am I missing out by not towing? Surely one of the great advantages of the Ranger tug is that it can be towed without permit but are there offsetting advantages by keeping the boat in the water? I thought I would post a few thoughts just for the sake of discussion.
All figures are quoted in Canadian dollars with my estimation of the conversion to US dollars in parenthesis.
I bought a 30 ft boathouse 8 Years Ago in Sidney, BC. It was supposed to be an investment at the time but presumably because of the financial crisis it promptly depreciated. At one point people were selling these for a dollar because nobody wanted to pay the moorage. Since that time they have rebounded nicely and I could sell for a little more than I paid. I did install an electric roller door with remote that cost me about $5,000 ($4,000) and was worth every cent. Maintenance has been negligible so let's say that my depreciation has been $5,000 ($4,000) over eight years, let's say $650 (520) per year including the fee for me to hook up to electricity. Moorage costs me $5,000 ($4,000) per year including free Wi-Fi, water, parking at the marina and use of their excellent facilities. Total costs $5,650 ($4,520) per year.
So how does $5,650 per year compare with owning and operating a truck and a trailer? I'm going to invite others to add some accurate numbers here since I don't have any actual experience. My guess is that a new F250 would cost approximately $50,000 ($40,000) and could be viewed to depreciate to zero over 10 years. That's about the same as I pay for moorage. We live in a place (Sidney) where we can enjoy walking to almost all destinations and only need one medium-size car [10,000 km/6300 miles] per year. The rest we do by public transit or bicycle. We actually could not park a truck in our garage and would therefore have to pay storage for both it and the trailer ($2,000/$1,600 per year??). Most likely it would become an "additional vehicle". What does a trailer cost? Do they depreciate? How about insurance, fuel etc.? What should I be adding in to the equation?
From an operating perspective I've just seen some comments about the cost of cleaning and polishing. This I do myself or with the help of a good friend. Thinking more of the Venture I have usually hauled the boat once a year to service the motors and while I've been doing that my friend has put a coat of wax on the hull. I did the same to the Tug when I hauled it last summer to change the zincs. No need to polish before waxing since the boat is out of sunlight and I rinse off the hull with salt away after use. For the topsides I have typically done a polish/wax over the winter every two or three years. The boathouse also means no daylight under the boat so bottom paint easily lasts three seasons and if it gets a bit thin there is no growth in any case. The exception is slime in the stern area where daylight comes under the door but that is minimal and easily blown off with a pressure washer.
When I get down to the boathouse I start the engine, disconnect the AC and cast off four lines [and one heavy-duty bungee cord that keeps the boat centred] before being ready to go. As long as I remember that the mast and radio antenna have to be raised after leaving the boathouse and [more importantly] lowered before reentering departure is relatively stress-free. Most of the time I am out cruising single-handed and I always make a point of taking a trip at least every two weeks during the winter. Spring/summer/fall as we all know is great for cruising but I am limited somewhat since I am not towing. Really I am restricted to the Gulf Islands, lower mainland around Vancouver [not so interesting for me] as well as the San Juan Islands and down into Puget Sound. Obviously if I were towing the boat I could go further afield so that's a real negative. I could also use the tug for "boat camping" if I had a tow vehicle and trailer which is another disadvantage.
Every boat is a compromise and so is the way that we choose to use our toys. I have obviously chosen not to have a truck and trailer and so I am somewhat tending towards moorage as the right choice for me. Others will have chosen the different choice and I'm sure will be absolutely convinced that theirs is the right one and that they have so many more advantages. Both choices are absolutely fine and perfect for some . My objective here is NOT to have fierce disagreements but rather a friendly discussion.
All figures are quoted in Canadian dollars with my estimation of the conversion to US dollars in parenthesis.
I bought a 30 ft boathouse 8 Years Ago in Sidney, BC. It was supposed to be an investment at the time but presumably because of the financial crisis it promptly depreciated. At one point people were selling these for a dollar because nobody wanted to pay the moorage. Since that time they have rebounded nicely and I could sell for a little more than I paid. I did install an electric roller door with remote that cost me about $5,000 ($4,000) and was worth every cent. Maintenance has been negligible so let's say that my depreciation has been $5,000 ($4,000) over eight years, let's say $650 (520) per year including the fee for me to hook up to electricity. Moorage costs me $5,000 ($4,000) per year including free Wi-Fi, water, parking at the marina and use of their excellent facilities. Total costs $5,650 ($4,520) per year.
So how does $5,650 per year compare with owning and operating a truck and a trailer? I'm going to invite others to add some accurate numbers here since I don't have any actual experience. My guess is that a new F250 would cost approximately $50,000 ($40,000) and could be viewed to depreciate to zero over 10 years. That's about the same as I pay for moorage. We live in a place (Sidney) where we can enjoy walking to almost all destinations and only need one medium-size car [10,000 km/6300 miles] per year. The rest we do by public transit or bicycle. We actually could not park a truck in our garage and would therefore have to pay storage for both it and the trailer ($2,000/$1,600 per year??). Most likely it would become an "additional vehicle". What does a trailer cost? Do they depreciate? How about insurance, fuel etc.? What should I be adding in to the equation?
From an operating perspective I've just seen some comments about the cost of cleaning and polishing. This I do myself or with the help of a good friend. Thinking more of the Venture I have usually hauled the boat once a year to service the motors and while I've been doing that my friend has put a coat of wax on the hull. I did the same to the Tug when I hauled it last summer to change the zincs. No need to polish before waxing since the boat is out of sunlight and I rinse off the hull with salt away after use. For the topsides I have typically done a polish/wax over the winter every two or three years. The boathouse also means no daylight under the boat so bottom paint easily lasts three seasons and if it gets a bit thin there is no growth in any case. The exception is slime in the stern area where daylight comes under the door but that is minimal and easily blown off with a pressure washer.
When I get down to the boathouse I start the engine, disconnect the AC and cast off four lines [and one heavy-duty bungee cord that keeps the boat centred] before being ready to go. As long as I remember that the mast and radio antenna have to be raised after leaving the boathouse and [more importantly] lowered before reentering departure is relatively stress-free. Most of the time I am out cruising single-handed and I always make a point of taking a trip at least every two weeks during the winter. Spring/summer/fall as we all know is great for cruising but I am limited somewhat since I am not towing. Really I am restricted to the Gulf Islands, lower mainland around Vancouver [not so interesting for me] as well as the San Juan Islands and down into Puget Sound. Obviously if I were towing the boat I could go further afield so that's a real negative. I could also use the tug for "boat camping" if I had a tow vehicle and trailer which is another disadvantage.
Every boat is a compromise and so is the way that we choose to use our toys. I have obviously chosen not to have a truck and trailer and so I am somewhat tending towards moorage as the right choice for me. Others will have chosen the different choice and I'm sure will be absolutely convinced that theirs is the right one and that they have so many more advantages. Both choices are absolutely fine and perfect for some . My objective here is NOT to have fierce disagreements but rather a friendly discussion.