Some other points to consider.
Much of what you buy for your
boat you’ll never actually want to use. For example,
EPIRB, flares,
liferaft,
drogue. There’s a big list of
gear needed, just in case. And as you’ll pickup on this forum, there are some people who want to live their lives on their
boats, just as they would on land, and aren’t willing to make comfort sacrifices. So add in the cost of using a low voltage
electrical system without the benefit of connecting to a
power grid. Also being independent of
water and other home connected services we all take for granted.
Location Just comparing
boats with cars for a moment. I take my car to the garage. That’s good because the garage has all the tools and handling
equipment required to do
work on my car. Obviously they’ll still need to buy in
parts, but that’s easy with the make a model. With a
boat, it doesn’t
work like that. All the
gear needs to be taken to the boat. And you’ll see people such as engineers walking between the boat they’re fixing and their truck/van (often a long distance down marina walkways carrying tools etc back and forth. And they’re
charging you $80-100 per hour to wander about in the sun.
Even when the boat is put
on the hard it’s still an access issue, climbing up and down a ladder with all the gear. Try to
lift a
motor in or out whilst the
motor is 20 feet up in the air. Now you need to hire a crane (two times). Whereas at the garage, for your car, you would not be charged an extra say $300 for the use of their gantry. And of course the yard itself charge for the getting your boat in and out of the
water and the trestles to hold the boat up on land.
But the
parts. (I try to do as much as I can) but the time spent sourcing parts is significant. Because much of the time it isn’t just a matter of calling the dealer. And there are choices to be made also.
A couple of years ago I replaced my inboard
diesel motor. I only have a small 26 foot
keel boat and I had a good deal on the motor. A local
marine engineer quoted a good
price for fitting. It was basically 40 hours at $80ph (and he came in a few hours under his quote). But there was all this extra stuff that added to the cost.
Also, and again consider replacing a motor in your car. To keep the job
cheap and simple replace with the same motor. But that’s almost impossible with a boat. My old
Yanmar was 45 years old. New Yanmars don’t even have the same footprint. To keep cost down I took the old motor out myself and cleaned and painted up the
engine bay.
But all of the systems had to be either replaced of altered to suit the new
engine. New
exhaust system, new
fuel system and tank (old Yanmars have their own tank built in), new morse controls and
cables, one off machine parts for the engine mounts and prop shaft coupling just to name a few. I won’t even discuss electricity for the motor, but that was complicated=expensive.
And my old
Yanmar gearbox was left turning and the new
gearbox right turning, so I had to buy a new
propeller. Nothing wrong with my old prop or its dimensions, but it turned the wrong way. And of course we add in the yard costs,
haul out and in, and crane.
Am I glad I replaced the motor? Absolutely. I can go out in the roughest
weather totally confident when I push the start button it will fire into life. And I have spare horses now. Did it increase the value of the boat? I’d guess not a
single dollar.