Do NOT Buy A Sportfishing Boat Unless You're Prepared for THESE EXPENSES!!!

[@ozzietingobeltran5790]

For older boats, I would increase the maintenance expense to 15-20%

[@robertoneill2344]

Looking to upgrade from my current 23 Chris craft buddy cabin. I’ve run into a bit of coin and I’m not looking to charter just run me and the boys offshore from port canaveral. Eyeballing a 45 Viking. A boat same model I used to mate on back in the day. She’s sitting at roughly 450k. Watching this video taught me a lot. Thank you guys for that! Appreciate all the honesty.

[@saltwaterfishinguniversity]

Glad it helped bud. Good luck with whatever you choose!

[@keeganmcmanes2431]

I’m not fishing with you guys this year but I highly recommend you guys are incredible. I. Buying a 38 pursuit this year . That’s why I can’t make it down but I’ll be there next year though ! Thanks for the info and your honesty

[@saltwaterfishinguniversity]

@@keeganmcmanes2431 that’s amazing!! Tremendous boat!! Congratulations!!

[@MadLudwig]

Don't we know that well! Just dropped $3k today on a new air conditioner for the master stateroom. And that's with me doing the installation. 😮 Next up - canvas work over the winter. It never ends, but owning a boat is all about the experience of getting over that horizon and enjoying life on the water 😊

[@saltwaterfishinguniversity]

💯

[@brocknixon7656]

Hey. I help some on the Nurses Station. Enjoy talking with Ron when I’m down. Enjoy the videos. Keep em coming. Just wanted to comment. 👍

[@saltwaterfishinguniversity]

Appreciate that bud!!

[@reellove6710]

12 years ago I sold my SF and went to a center console. Back then I figured she was costing me somewhere around $60K year in maintenance, insurance, slip fees, fuel, tackle, diver to clean the bottom, tournament entry fees, and all of the other stuff that comes with owning a sportfish. The center console was less but not all that significant when you add in that I could no longer sleep on the boat and had to get a hotel room when on a trip. All in all, these toys are expensive. BUT... you do not buy a boat to save money!

[@saltwaterfishinguniversity]

Very well said!

[@DaDuddaMan64]

Good to see your mugs again, God bless

[@saltwaterfishinguniversity]

Appreciate it brother!

[@warlordop713]

Eventually I’ll switch from luxury to sport fishing. In the sound there’s no need for a sportfisher so we went with a 40 foot Silverton. I love running a big boat. It’s like owning a mini house.

[@saltwaterfishinguniversity]

Nice!

[@warlordop713]

@@saltwaterfishinguniversity technically I can fish on it because it has an open cockpit in the back with a 13 foot beam and 3 rod holders in the back and 3 on each side but honestly I have no gear and have no idea where to even start. I’ve never fished for anything but bluefish and striped bass.

[@louv4437]

Very helpful thank you!

[@saltwaterfishinguniversity]

@@louv4437 happy it helped bud. 👍

[@Skindog1105]

You guys are so solid! Thank you!

[@saltwaterfishinguniversity]

Appreciate that!

[@gungadinn]

I based my costs based on an hourly rate, I held in reserve. At the time, I set aside $44 per engine hour. Same reserve as owning and operating a aircraft. If the name of the generator starts with Onan, "run Will Robinson, run". There was only one dealer within 100 miles. Discuss the fuel consumption as well as dockage fees. You might look into doing oil analysis, as a means to extend oil and filter changes as well as giving you an idea if something internally is starting to go south.

[@Fj4LiFe23]

wow, that running cost hurts my brain... and thats before fuel.

[@RangersOutdoorAdventures]

Great note, a 200 hour service may cost 900$ but a 1000 hour service cost $15-30,000. Hard to come up with that extra. I’ve been doing $50/hr total, but yours makes more sense. Engine 1 Engine 2 Gen

[@davideyers9405]

Every time I look at a 40ft flybridge and have a blood rush, I stop and think. I can tow my 26ft alloy hard top a 1000 miles to another location, fish, dive and then go a 1000 miles some where else for about $400 each trip.

[@saltwaterfishinguniversity]

This is true 😂😂

[@christopherfavaloro7121]

I zoomed in and can see it in the background. I have Cummins diesels on my Tiara and there are amazing . So much for the onan generator . I’m going with Yanmar anyway. Ty pal

[@jakejacobson2999]

Love my tiara! Just bought it last year. Fabulous boat

[@paulgroth5414]

What size tiara did you go with? Looking at a 36 but kinda leaning bigger

[@mulletoutdooradventures6286]

My buddy and i were planning on picking up a 30ish foot boat to start running some charters. He wasn't fully aware of just the basic costs associated with a bigger boost. And that wasn't included if we blew a motor or had something really bad happen. And he thought we would be making allot more then what it really is 😆. He was getting atrocious advice on prices from a complete idiot. I told him to go and actually look at charter boat prices in our area and after he did he realized how wrong he was 😆 🤣 😂. Plus it made me realize that having a partner is a terrible idea

[@saltwaterfishinguniversity]

Yep, a little research can do wonders for sure.

[@anthony3603]

You will not be friends if you buy a boat together! You are correct a horrible idea

[@michaelcope2329]

The only ship that never sails is a "Partnership" take to the bank my friend.

[@nabilchaudhry1]

Antifouling on my little 33 sportfisher costs $450 every season

[@saltwaterfishinguniversity]

And that sounds like you save by doing it yourself 👍

[@hnt4fsh]

Why I stuck to my single engine CC.

[@ericdavi1231]

Insurance has really gone up, my center console is $3,000 per year and I don’t charter… and that’s down from $4,000 after I shopped it!

[@Dunnage801]

3k a year?!?!? I pay 390 dollars how big is your CC?

[@ericdavi1231]

@@Dunnage801 30

[@ericdavi1231]

@@Dunnage801 it’s a 30, back before Ian, it was pretty easy to find good coverage less than $2k, and you could find lower tier carriers for even less. It doubled and tripled after Ian.

[@dieseldan95]

What kind of eisenglass do you have and how do you keep it so clear?

[@saltwaterfishinguniversity]

Stamoid open borders 80 gauge modified acrylic for the front and sides 60 gauge polycarbonate coated on both sides for the backdrop We also use Collinite insulator wax. Capt Ron is pretty obsessive about the curtains for sure.

[@dieseldan95]

@@saltwaterfishinguniversity beautiful.

[@johnsinnott1276]

A 25 ft twin outboard fished offshore and maintained is $25k / . And me doing a lot of the work Slip $10k Insurance. $2.5 k Fuel 30 gal / hr at 4.35 / gal ..(~$12k/ year) Engine service. $1000 / 100 hrs About 20 6 hr trips a year Wax every 4 mos (Florida) $600 Fresh electronics every 5 years. ( radar, MFD, VHF, EPIRB, misc…..$6k) And so on. So lost opportunity cost of money…..hmmm But worth every Penny. What adventure and family time.

[@fishwhistler758]

Ill keep fishing my little grady for now!

[@saltwaterfishinguniversity]

@@fishwhistler758 nothing wrong with that!

[@christopherfavaloro7121]

What kind of Gen Set is it ? I am replacing mine now on my 34 Tiara . It would help me to steer clear of it . Ty

[@saltwaterfishinguniversity]

Here’s a clue: My pickup has one. 🤠

[@RagingRudy]

Pirates Cove?

[@saltwaterfishinguniversity]

👍

[@FishinBud]

Wish you guys would have just let me stay uninformed😂. My "50 ft convertible retirement" just got a reality check. 20 years left...I think I can do it.

[@saltwaterfishinguniversity]

Don’t give up!! 😄

[@benjohnson1x1]

XEN

[@renerusso3332]

"Troll fishing is very very boring! 😮 I rather anchor up and drift fish. Less fuel, more action, more meat in the box! Ok😮

[@paynesnow252]

Everyone know what BOAT stands for. Bust Out Another Thousand.

[@timmyboy3459]

No way a $1 million boat cost $100,000 a year in maintenance

[@saltwaterfishinguniversity]

You’re welcome to share your experience 👍

[@timmyboy3459]

@@saltwaterfishinguniversity I think most can see that you’re full of it…. 10% per year is ludicrous.

[@saltwaterfishinguniversity]

@@timmyboy3459I think most can see you’re grumpy, clueless, and weren’t loved enough as a child.

[@PtJudeRI]

My 50' sportfish eats $20k as a snack for repairs/maintenance. The 10% rule holds water for larger inboard boats.

[@mrfofff]

I guess your Bass tracker is a is a little cheaper to operate per hr.

[@oystertoad2909]

🫵🍻😂