THE TRUTH! About Owning a Boat (The MONTHLY COST)

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  • เผยแพร่เมื่อ 23 พ.ย. 2024
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ความคิดเห็น • 261

  • @BeyondTheBoundsOutdoors
    @BeyondTheBoundsOutdoors  4 ปีที่แล้ว

    FOLLOW ME ON INSTAGRAM: ⭐beyondthebounds_outdoors⭐
    instagram.com/beyondthebounds_outdoors/?hl=en

  • @andrewgillum5186
    @andrewgillum5186 ปีที่แล้ว +1

    Watching this in 2022; heard $80 to fill up your truck and had to go back to look when this video came out lmfao. Those were the good ol’ days

  • @alltacklenoboat
    @alltacklenoboat ปีที่แล้ว

    Obviously late to the party on this video but still found it very useful and wanted to say thanks - appreciate the honest breakdown. Tight lines! 👍

  • @mikeymedina93
    @mikeymedina93 6 ปีที่แล้ว +9

    Your transparency and willingness to be open with all of us is what continues to keep me subscribed to this channel. Thanks for being different and helping young/new/aspiring anglers and boat owners

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +3

      Thank you...its a hard thing to put information like this out, im not a boastful person...just wanna use my platform help people

  • @charlesjudd4194
    @charlesjudd4194 2 ปีที่แล้ว

    you forgot to include maintenance costs in this video. Would love to see you do one that includes the maintenance costs.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  2 ปีที่แล้ว

      On a new boat it's minimal...but they do happen...I will be doing another vid and series about this topic soon

  • @Dylan_Miller
    @Dylan_Miller 6 ปีที่แล้ว +1

    My advice.
    1. Buy a boat you can pay off in cash on day one. No payments.
    2. Get a boat with low hours
    3. Only get what you can afford comfortably
    THE WORST THING YOU CAN DO IS TO STRETCH YOUR BUDGET TO BUY A LARGE BOAT THAT IS WORN OUT!
    You gotta keep fishing fun and the way to do that is to buy a boat that doesn't put a dent in your finances and one that is low hours so it has less problems. Even with brand new boats you will have a lot of maintenance and upkeep, so the last thing your want is a worn out boat with problems. I tell a lot of my friends who want to get into fishing to buy a large stable aluminum jon boat and slap on a brand new outboard and trolling motor. You'll have a simplistic worry free boat that you can fish for the next 5-10 years easily with no problems. That gives you time try out the sport, purchase more rods and reels, and save for your next big boat in the future if you decide to get one.
    If you have a bigger budget I would recommend a Ranger RT188 or similar style boat that you can get new in the mid 20's. Great boats that do damn near everything that a larger fiberglass boat does.
    TLDR: Spend more time fishing and less time trying to pay off your boat.

  • @somsaiyasone9744
    @somsaiyasone9744 4 ปีที่แล้ว +2

    I purchase a 2010 bass tracker 170 tx for 11k and still own it in 2020 . The boat is stored in my garage and i only spend $10 for fuel for the mercury 40hp. Im a cheap guy when it comes to spending money on my fishing trip. Aluminum boat is lighter and cheaper to operate

    • @joshuaj1110
      @joshuaj1110 2 ปีที่แล้ว

      I'm wondering if I should just get the new Tracker 170 for the same reasons. 50hp motor, lightweight. "Cheap(er)" than many other boats. I dont do large lakes or tourneys so 🤷‍♂️

  • @ArbitraryLifestyle
    @ArbitraryLifestyle 6 ปีที่แล้ว +1

    Has $70K boat. Immediately thinking about "upgrading".

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      One must always look to the future amd not forget the past....its how you make and achieve plans

  • @vtxdaryl
    @vtxdaryl 3 ปีที่แล้ว

    I just priced outside boat storage for a boat up to 25 ft. with battery hook up for $240, today in Lakeland, Fl. but they didn’t have any openings. I was told I could get on a waiting list, today is April 23, 2021. I might just keep watching other people fish for a living, much cheaper.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  3 ปีที่แล้ว

      Lmao so very true! They want nearly 400 here for storage in some places

  • @EricRoz
    @EricRoz 6 ปีที่แล้ว +4

    Unless you have a large family that likes to go fishing, one doesn't need anything more than a 16.5' aluminum fishing boat. You will need a larger boat if you plan on going out to the Great Lakes, Lake Winnipeg or any other body of water with huge waves. The nice thing about smaller aluminum boat or just aluminum boats in general is that you don't need a large diesel, or a pickup truck. I tow my 16.5' aluminum tiller with a Toyota Highlander. You can find some nice boats that are used and much cheaper than buying brand new.

  • @josephwall9161
    @josephwall9161 5 ปีที่แล้ว

    Something people should be aware of is the cost of property insurance if the state they live charges yearly tax. For that brand new skeeter it would be about 1800.00 for the first year and by the 10th year of ownership it would drop to 500.00 per year.

  • @roedub
    @roedub 4 ปีที่แล้ว

    Great idea for a video. Although your number isn't ideal for the average boat owner its definitely important to think about before purchasing a boat.

  • @jobu88
    @jobu88 3 ปีที่แล้ว

    This is why I bought a jon boat. I don't have delusions of being a bass pro and I don't have $1200 a month to throw away.

  • @rawblow4512
    @rawblow4512 3 ปีที่แล้ว

    If some guys would just shut that big engine down and actually fish with trolling motor, the gas price per month would be less $ ! Dad and i were on a lake fishing a point and watched the same guy zoom past 3 times, while we were catching fish.

  • @danh8302
    @danh8302 4 ปีที่แล้ว

    Pro tip: if you put gas in your diesel pickup, it will cost you more than the price of the tank of fuel to fix it. Don’t do that, gasoline and diesel fuel are not the same thing.
    4 additional tanks of fuel per month for the truck is a lot of extra fuel pulling a bass boat, definitely getting your time in on the boat.

  • @motorcycleislife8296
    @motorcycleislife8296 4 ปีที่แล้ว +5

    I'm so glad I bought a kayak!!!

  • @Hillhouse_Fishing
    @Hillhouse_Fishing 4 ปีที่แล้ว

    I have a 93 basscat pantera II that I got for $5,000 and it costs me like $150 in gas a month and I take mine out probably like 10-15 times a month

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  4 ปีที่แล้ว

      Thats good. I have to cover a lot of water on new lakes for tournaments. You can make gas last if you take it slow and fish the same place constantly and don't have to drive far.

    • @Hillhouse_Fishing
      @Hillhouse_Fishing 4 ปีที่แล้ว

      Beyond The Bounds yeah I fish Conroe and Rayburn over here in Houston and I run a lot I just try not to go fast I cruise around 3500 rpms to try to not burn fuel and I get a lot out of a tank even on an old mariner 200 EFI but when I lay into her that old hull can sure pull

  • @AndrewVinhHuynh
    @AndrewVinhHuynh 6 ปีที่แล้ว

    I don’t own a boat nor do I have any plans to buy one but this video was very interesting and thorough. Great job!

  • @kimdailey6881
    @kimdailey6881 6 ปีที่แล้ว +2

    Thank you for the series. Recreational fishing is also expensive. I bought a boat that was provided to a pro as advertisement for a dealer. The price was reasonable but the additional equipment needed for family use was salty. Going to boat shows was the best way for me to see various boats and their capabilities. Also the best way to see what my dream boat looks like! Not that I could get it, but I can dream.

  • @gandccad9651
    @gandccad9651 6 ปีที่แล้ว +6

    Not only does paying more each month build equity it lowers your interest rate along with saving you $$$ overall. As you know that works with any loan. For those that want to see how much doing this can save a person just run 2 amortization charts. One at regular payments one with the extra monthly payment. Also having all your insurance (home, auto, boat etc.) with the same company will qualify one for a discount. Great video!! Happy fishing!!

  • @shawndean8358
    @shawndean8358 6 ปีที่แล้ว +18

    Boys bass fishing is what you make of it I've been doing it for 30 plus years, I've had had 5 boats in that time first boat an express flat bottom for 7 grand a skeeter strata for 10 grand a ranger 354 for 25 grand a basscat Pantera 2 used for 15 grand and askeeterzx250 used for 20 grand . That's not counting the thousand worth of rods reels and tackle gone threw in all those years. Current boat is in the shop more than I use it and have spent close to five grand on redoing trailer having boat polished and shined new pumps threw out new water pump and now some kinda dam oil leak on my 250 hpdi. I'm not a tournament fisher but just like to bass fish when I can, paying 60 and 70 grand for a bass boat is crazy and I can't believe manufacturers are building and charging so much for one. It's just like everything else to do with outdoors stuff it's expensive and getting more so and for folks that do it for enjoyment are gonna be left out thanks to the big boys with deep pockets. Thay at one time made moderately priced boats for the weekend angler and the family man, but it seems that thay dont care about those type of people anymore. Most dealers won't even come out to talk to you unless you pull up in a 70 grand truck.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +2

      I liked that you said your boat was in the shop more than you use it...good honest comment. That was why i went new...stinks it cost so much...but it aint the deep pockets of people buying....things naturally inflate over time as a result of other economic factors...salaries and component cost....cost are the costs i just go with it same with a lambo or ferrari...if i truly wanted one i would get one...but i cant afford that!

  • @gavindrye3815
    @gavindrye3815 6 ปีที่แล้ว

    I have a 16ft aluminum center console with 50 hp 4 stroke I love it so much one day I will get a nice fiberglass boat

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      thats awesome man! it ain't the boat that catches fish, i love my boat too!

  • @NellysfishingAdventures
    @NellysfishingAdventures 6 ปีที่แล้ว +1

    I'm sticking to my kayak for now but when my budget is available I do plan on buying a bass boat

  • @midgebarker4022
    @midgebarker4022 5 ปีที่แล้ว

    I bought my first boat new in 1994. I really wanted a glass boat but could not afford it then (top of the line glass then was going for 28k) I settled for aluminum for 13k. Looking at glass prices today(70k), sometimes I regret not getting the glass in 1994.

  • @marcusgallagher1723
    @marcusgallagher1723 5 ปีที่แล้ว +1

    Hey like you mentioned people are scared to be forthcoming about honest information. I appreciate you talking about your experience honestly Its very helpful to other people.

  • @dennis1979gm
    @dennis1979gm 6 ปีที่แล้ว

    Cool man thanks for putting it out in a very honest manner. So many people I think just look at the monthly finance payment to judge their budget and not the total cost of owning/operating. Very well done!

  • @TraderRoss
    @TraderRoss 5 ปีที่แล้ว +9

    I went broke just looking at the picture of the boat I want :(

  • @fernandofishingflorida7169
    @fernandofishingflorida7169 5 ปีที่แล้ว

    If I only knew what I know now I would've bought a brand new boat with financing. I paid 2K for my first boat 1 year ago and now I have 8K in it. I mean dump stuff man, I even had the money to buy the nitro but you live and you learn.

  • @jayb7675
    @jayb7675 4 ปีที่แล้ว

    Good video. How many people thought it would cost $1,200 to $1,500 per month to operate? That is some people's mortgage payment. If you have mechanical issues, that's when it gets really expensive. You thought your monthly car payment was expensive huh? Now you know why they call boats money pits. They are not easy to sell and rarely hold their value...in fact you will lose thousands on a mint condition boat. Nothing about a boat is cheap. They are luxury items and about the worst financial investment you can make. And get this, when you drive around in a 50K to 80K bass boat, you are absolutely terrified of scratching it...which takes the fun out of it. That's why it's best to buy a smaller boat...like a Ranger Z185 with 150hp for 35K. It's all most need and still gives you high quality at an affordable price.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  4 ปีที่แล้ว

      Yessir. Definitely not an investment. People cam fish on the bank and drive a toyota yaris lol. I am not pokin fun...this is expensive. But like a porsche, lambo, corvette...its not necessary to do the job when a pinto gets you to point a and b...if you can and want to then do so, is all im saying

  • @Cole_Lakely
    @Cole_Lakely 6 ปีที่แล้ว +3

    Great video. I among others appreciate your honestly and bluntness when you are speaking numbers and money. Think I am going to buy a nice aluminum boat now with maybe a 150 on it.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      Thank you...it is who i am...i cant help the costs...this is what i want to do....so i do it to the fullest! Gas is prolly a smidge less then i estimated on the truck

  • @tomsales263
    @tomsales263 6 ปีที่แล้ว +2

    That's what boat stands for " Break Out Another Thousand"

  • @AnglerMarv
    @AnglerMarv 6 ปีที่แล้ว +3

    Thank you for sharing this. Really appreciate it. Real talk👊🏾

  • @GTX10
    @GTX10 4 ปีที่แล้ว

    JON BOAT all day, lol. I spend about $100 a month, $80 on truck gas, lol.

  • @TheRick2130
    @TheRick2130 6 ปีที่แล้ว

    guys, his numbers is somewhat mid to extreme side due to boat payment, tournament, boat/motor size and truck.. you dont need all this to have fun this like a luxury. dont forget the main point of fishing, is to have fun.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      You gotta start somewhere and this is for a new boat....and just like owning a corvette this is just as fun.....I don't tell everyone in the road in a corvette they should be driving a Camry....this ain't luxury it's a boat...not some 500k yacht.

  • @johnsanders4946
    @johnsanders4946 5 ปีที่แล้ว

    Ran across one of your videos again good info although I don't finance I told you about the skeeter I bought cash money. I do need to shop for insurance for it though and I rarely ever spend a $100 to go fishing but I could care less to fish tournaments and get into racing other boats on lake fork to throw a worm at the same fish every 5 minutes just to burn off and watch another boat do the same thing. Fishing shouldn't cost everyone a mortgage to get into it every month it's all about how you handle it being simple has always worked.

    • @Tja-oz8bj
      @Tja-oz8bj 3 ปีที่แล้ว

      So how is it??

    • @etexbassfreak
      @etexbassfreak 3 ปีที่แล้ว

      Boat runs great just simple maintenance it’s a 85 skeeter star fire as far as fishing I can do almost everything a 70k boat can. The Bass really love the live bait on that lake they have a phd in lures and plastics lol.

  • @nccw8683
    @nccw8683 4 ปีที่แล้ว +1

    that's a great job doing the breaking down on that boat that's the super job appreciate it

  • @masonleonard3934
    @masonleonard3934 6 ปีที่แล้ว

    A video idea is which bass boat do you choose? Out of all the ones out there

  • @bluelinefishing5723
    @bluelinefishing5723 6 ปีที่แล้ว +3

    Thanks for the info. I know it helps people see what it really cost to own a boat.

  • @visualkeirockstar
    @visualkeirockstar 4 ปีที่แล้ว +2

    I just got jon boat and covered into a bass boat. It still costing me a lot.

  • @EricRomines
    @EricRomines 6 ปีที่แล้ว

    about the same I was spending when I had my 20ft triton. One thing you forgot to mention was break downs (warranty expired) and Maintenance cost and upkeep on the boat, trailer, and motor. All the reason I sold my boat and now only kayak fish/Tournament fish. Great video and great info on this video! I think you're the only one so far I've seen put this information out.

  • @billybryson2009
    @billybryson2009 6 ปีที่แล้ว +2

    We get it, you own a boat!

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +1

      Seriously thats all you got from this?

    • @billybryson2009
      @billybryson2009 6 ปีที่แล้ว

      Sorry i came off in such a negative way... my point is that you are an awesome fisherman, I just feel that your vids should feature that more... your boat tutorials are very helpful. perhaps you have gone a touch overboard with itt in my humble opinion.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +1

      Thank you...and im going thru the whole process cradle to grave with owning a boat, my goal is to help people get their first boat,understand the costs,and be happy. It helps set my channel apart too so i can grow. I want to grow because ive spent 4 yrs trying on youtube.if i was a pretty girl it would be overnight!!!

    • @djxxxplicit
      @djxxxplicit 6 ปีที่แล้ว

      @@BeyondTheBoundsOutdoors good content! I don't have a boat yet & find this very interesting & informative from an owner perspective. I'm going to start small and get a fishing kayak & will see where that leads me. With my school loans & mortgage I don't ever know when I'll be able to get a nice boat but am betting the kayak will satisfy my fishing cravings for the time being.

  • @johno7928
    @johno7928 6 ปีที่แล้ว +1

    I guess you meant the cost of tournament fishing. We both bought Skeeters at about the same time. I suspect we fish the same amount of time. However your cost is enough to make any normal person fish from the bank. So the true cost between a tournament trail and a weekend hobby is night and day. Nothing wrong with that you earned and worked hard to be able to do this.
    Insurance differs from company to coverages to state. I'm with State Auto at $560 a year. $250 deductible and no short cuts in coverage. Mine even has road damage in case the trailer can not be towed.
    Fishing three days a week my cost for everything is around $500 a month. The only extras you have that I don't have is tournament fees and hotel. However those difference are what you would expect between a tournament and normal everyday fisherman.
    Hey good luck and I wish you success. I am very excited for you that you can do the things you are doing. You earned that right by hard work.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      John Oleskey very good comment are your lakes local? I have to haul 40 mins minimum to get to my nearest fish able body of water.....what is your payment?....im curious how your operating expense is so low? If you paid all cash I would say you are losing money that would need to be depreciated and the loss of what your money could have earned is also a loss....are you only using the trolling motor?.....I'm a normal person, I just track things very closely for business purposes. Thanks for the comment bud!

    • @johno7928
      @johno7928 6 ปีที่แล้ว +1

      @@BeyondTheBoundsOutdoors I fish the Yough about a 45 min drive, Raytown just over a hour, 10 mile on the Mon about an little over an hour. Then the Loyalhanna about 45 mins. My problem is getting fresh gas in the boat tanks. Neither lake have long runs. Well maybe Raystown does. I spend much,more time fishing than running, but I guess that comes with knowing the lakes. I don't have to map them. Driving is mostly 4 lanes with a Grand Cherokee. Maybe two full tanks a month for the Jeep. However that includes some run around mileage too. My boat cost half of what you paid with 200hrs on the motor. And I have the fx20 but even used you would never know if. Again that is a choice neither is wrong.
      Remember I'm not earning a living fishing. So no tax breaks etc. Could I have made more investing and borrowing? Maybe over the past year. Let's just say the small amount of return on that money is not worth the worry. So where did my money come from? You don't want it the way I got mine. AFLACK, my wife has breast cancer. In fact my boat is redone in pink and special decals for her. But the point is I still would not tie up a loan on a non investment that drops like a rock. Make a trip up I will teach you how to fish deep water lakes.

  • @richardc-ex7rt
    @richardc-ex7rt 6 ปีที่แล้ว

    You know what though......Sliding into the water and going out on the ocean with friends for a day of high fives and fish is a great feeling Can't put a price on that. I get tired of having to answer to people everyday. You don't have to worry about turn signals, stop lights, traffic, lanes, etc. You just push the throttle forward and go.
    My total monthly cost to own my 2018 center console is about $600. That's including storage unlike him. You don't have to buy a 70k boat to get on the water in a nice boat. My fastest accumulating expense is gas for the truck. If you get a new motor, it'll be incredibly efficient.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +1

      Oh tell me about it! Best times i have are standing on the deck of my skeeter zx250

  • @charlespinson6693
    @charlespinson6693 5 ปีที่แล้ว

    Asking for your opinion. If an individual can easily afford to pay cash for a fully decked out tournament rig, should they still not pay cash and finance a small portion of the cost?

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  5 ปีที่แล้ว

      Best to finance the whole thing and trade in every couple of years

    • @charlespinson6693
      @charlespinson6693 5 ปีที่แล้ว

      Beyond The Bounds / Okay, Thank you. That means I can let my money sit and gain more interest.

  • @MrDeegilkey
    @MrDeegilkey 6 ปีที่แล้ว

    Do a section on storage option

  • @roballen3026
    @roballen3026 6 ปีที่แล้ว +2

    Back when I had my Stratos my storage unit costs for covered outdoor storage with power was 130 bucks a month

  • @hahmmo
    @hahmmo 4 ปีที่แล้ว +7

    thank you for convincing me to stay away from a boat!!!

  • @ericlarson3363
    @ericlarson3363 6 ปีที่แล้ว +3

    Maintenance on the boat would be interesting

  • @hillbilly2141tn
    @hillbilly2141tn 3 ปีที่แล้ว

    Really curious as to the down-payment and interest rate. I've been talking about getting one for 15 years and now I'm here....I just don't know what to expect when you start putting pen to paper.

  • @mikelanning5148
    @mikelanning5148 6 ปีที่แล้ว +6

    I would love to see your monthly routine maintenance and your yearly maintenance

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +1

      The yamaha has very little needed maintenance....but I did the oil change myself.....I keep it clean....and tighten things down....but good suggestion I'll see what I can think up

  • @chrispesta4068
    @chrispesta4068 6 ปีที่แล้ว

    I'll stick with my $3500 I/O and my $40 service manual. Its about smiles per gallon in my ride.

  • @rangerat420
    @rangerat420 4 ปีที่แล้ว

    I have been trying to understand how to factor in the max drag of a reel when putting combos together?

  • @Jetski270
    @Jetski270 5 ปีที่แล้ว +1

    Boat Club is the way to go !!

  • @MNTBB02
    @MNTBB02 6 ปีที่แล้ว

    Let some other sucker pay the $60,000 new price. Look for this boat 10 years later and you’ll pay $10,000. Don’t fool yourself thinking boats are an investment, they definitely don’t get more desirable with age, they’re toys for big boys. They depreciate value just like a car, the value plummets each year you own it. Hopefully when you sell your boat you would get close to what you have in it but 80% of the time you end up in the red. Hopefully you also heard how screwed this guy is, he’s filling up water bottles (nothing wrong with that) to help pay for boat expenses. And, every now and again he can splurge and spend $5.00 on fancy water. God bless this guy!

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      Haha...i said i was paying more each month...aint nothing wrong with saving money where you can...so first you attempt to make fun of me for spending money...then for saving money...which is it man

  • @KayakChris
    @KayakChris 6 ปีที่แล้ว

    As you are a person who fishes to generate income, are there any lease options out there? It would be interesting to see the tax and business options out there for people interested in pursuing this lifestyle.

  • @myadventureoutdoors
    @myadventureoutdoors 6 ปีที่แล้ว

    This is good info for all the peoples out there. I've been in the boat game 3 times in my life. You know what they sat, LOL. Maybe again one day in the future.

  • @sabugdalantx
    @sabugdalantx 5 ปีที่แล้ว

    Thanks, I am just going to go and buy a toy boat and call it a day! There goes my dream! LOL

  • @elkbow
    @elkbow 2 ปีที่แล้ว

    Cost double now with gas prices lol

  • @takingchances5429
    @takingchances5429 6 ปีที่แล้ว +2

    Do a boat tackle management video

  • @blake102989
    @blake102989 5 ปีที่แล้ว +1

    rule #1 BOAT stands for Bust. Out. Another. Thousand

  • @michaelbandeko3519
    @michaelbandeko3519 6 ปีที่แล้ว

    I would never go into debt and pay interest for a toy! Cash only!

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      Well i used my cash to finance several cash flows and invested in equity to my home giving me more access to equity to finance further acquisitions to generate even larger cash flows...and i financed what is now a business deduction :)......im challenging you and people to think outside the picture...but i get it! And i just paid cash for my truck camper you will see in an upcoming video.

    • @michaelbandeko3519
      @michaelbandeko3519 6 ปีที่แล้ว

      I don't believe in going into debt for anything other than a home. By not going into debt and banking my money instead I have the money to pay cash and cut a better deal on the stuff I do buy. I own quite a few boats. In 2008 when everyone else was going ''Oh Sh**! My home was paid for and I and my familiy was OK. My home is never up to hock for cash.

  • @crazyobservations3080
    @crazyobservations3080 6 ปีที่แล้ว

    Dang thats a bunch of money. I would do it if i could afford it certainly. But,, dang

  • @alejandratovar2275
    @alejandratovar2275 6 ปีที่แล้ว

    That is one amazing boat! How do you maintain and have it clean without it rusting after putting it in the water frequently?

  • @swingforthefences777
    @swingforthefences777 6 ปีที่แล้ว

    so helpful man!

  • @macdavis757
    @macdavis757 2 ปีที่แล้ว

    Amazing how such young people can afford a 70000 boat. Wow WTF did do wrong in life 🥺😂

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  2 ปีที่แล้ว

      it's 70k in debt...but operations cost is high. But they are not cars they hold value in secondary market. So since the underlying asset is still there its a doable for some....but at $15hr it's not for broke people who should spend time working on their portfolio instead of buying toys.

  • @dwaynefriend2698
    @dwaynefriend2698 6 ปีที่แล้ว

    topic on: tires

  • @gregthomas5741
    @gregthomas5741 6 ปีที่แล้ว +3

    What was your Hobie monthly cost before you got the boat? I guess I'll stick with the kayak. But I understand that you goal is to eventually fish the "tur". Good luck to you.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      hobie was much lower....basically gas and tournament fees with food etc mixed in

    • @TeamJesusOutdoors
      @TeamJesusOutdoors 6 ปีที่แล้ว

      gregory thomas I run an aluminum multi species rig, and my costs are less than half of the costs discussed here.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +1

      Team Jesus Outdoors exactly Greg...I'm just representing the top of the line boat and not paying the minimum....a lot of people will buy used...how much you drive it and trailer it will determine your costs. Aluminum is the cheaper option for gas too.....I in no way wanted an aluminum rig...they are great don't get me wrong...but it is a Camry and glass is a corvette...I wanted the corvette.

    • @gregthomas5741
      @gregthomas5741 6 ปีที่แล้ว

      Thanks guys. My goal is to purchase a boat in about 3-5 years. I have two daughters in college this year so I will have to keep paddling for a few more seasons. The sacrifice will be worth it.

    • @TeamJesusOutdoors
      @TeamJesusOutdoors 6 ปีที่แล้ว

      Keep in mind that you can find nice aluminum rigs, a few years old, for under 20k, all the time.

  • @sstatic6093
    @sstatic6093 5 ปีที่แล้ว

    wait so how come your not sponsored like the rest of the pros don't they get to use a different boat every year?

  • @ericulry4743
    @ericulry4743 6 ปีที่แล้ว

    That's just way off.. I pay $140 a month for my Charger and it costs me maybe $30 in oil and $100 for gas and insurance is like $250 a year for 12000 in coverage with a 500 deductible. Add on little stuff, maybe $10 a month or so..

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +1

      well man everyones costs are gonna be different. Area codes matter too, how far you trailer the boat matters. people often neglect simple things that are associated with ownership. Cut costs where you can, buy a cheaper boat....but you can't say a 55k-80k boat payment is $140....and pros will spend $100 on oil for two strokes......So its not way off for me....for you yes....but for anyone looking to get into the same caliber of boat and do everything I do (finance/tournament/etc) thats what its gonna run.

    • @ericulry4743
      @ericulry4743 6 ปีที่แล้ว

      Beyond The Bounds it is very true! I think that it definitely depends where you fish. For me I live right by 4 nice lakes so I don't have to go too far. As far as tournaments go, travel costs definitely add up but don't let the number of a tournament angler deter you from getting a boat if you are planning on just recreational fishing.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +1

      Okay well let people know here cuz they read the comments. How much did your boat cost? how far of runs on the motor do you make? how many times a week do you fish it? i'm sure with your close proximity you can use the big motor less? If you paid cash for it depreciate that out over the ownership of the boat and add that to the monthly total. These are the simple things people don't understand about finance and the ownership of boats at different levels. The guy who owns and finances a ranger and competes in COSTA events is gonna say he wishes boat ownership cost $1200.

    • @ericulry4743
      @ericulry4743 6 ปีที่แล้ว

      Beyond The Bounds very true man. Well I bought a 96 charger for 9000 cash. I don't think that the cost of the boat would go into the cost of running one though. When I fish I drive maybe 30 minutes on average and the usage of the big motor depends on where the wind is blowing, time of year, etc. I fish about twice a week so I'd estimate 100 bucks a month in truck gas, about the half of that for the boat running between 3 and 10 miles a trip. So $150 bucks plus oil costs would be roughly $165 a month for gas and oil. Storing a boat at about $80 bucks for indoor no heat with electric. Then you just have to add in winterizing and the oh shit fund adds maybe 40 a month. I'd say just under $300 a month without tournaments. More if I include my FLW tournaments.

    • @ericulry4743
      @ericulry4743 6 ปีที่แล้ว

      Beyond The Bounds I definitely don't want to dis you man! I love your videos and this particular one was very well produced and executed!

  • @carlwillis5505
    @carlwillis5505 6 ปีที่แล้ว +16

    This is the info that, "those people" need to see.. you know them, if you have ever owned a boat. "Hey buddy, take me fishing on your boat, (pick me up and drop me off at my door), what did you bring to eat/drink?, aww man I don't have those kind of lures/bait, let me borrow one, ($10.00 now stuck in a tree), then complains about the "big fish" you DIDN'T find that day, and doesn't even offer to help with the expense... because you know... you own a boat, so you must be rich...
    Love those guys..

    • @johndoe-pb4mv
      @johndoe-pb4mv 6 ปีที่แล้ว +2

      Carl Willis and they bring a banana on board too. lol

  • @AlexRuddFishing
    @AlexRuddFishing 6 ปีที่แล้ว

    I saw another comment you said you pay $650 a month and you financed it 15 years? That means you financed $115k. Did I just misunderstand that?

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      Haha yeah....if i paid the bare minimum it would be 79k after 15yrs...the min is $450 i pay $650 and will likely bump that up to $1k real soon. Boat cost was 55kotd

    • @AlexRuddFishing
      @AlexRuddFishing 6 ปีที่แล้ว

      Beyond The Bounds ahhhh okay that makes more sense lol

  • @PENNYWISE6969
    @PENNYWISE6969 6 ปีที่แล้ว

    I respect what you are trying to do but you are a young guy in his 30's like I am and you are owning your first boat like myself. Don't you think it is a bit cocky to give boat owning advice? I do agree with you with progressive, I use them through USAA insurance.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      Nah man cocky is trying to represent myself as knowing it all, check my vids i call myself a noob all the time....everyone knows this is my first boat...the costs are the costs...im not making things up i am relaying the experience for others to learn

  • @robbiehampton6450
    @robbiehampton6450 6 ปีที่แล้ว

    Maintenance costs? I'd LOVE to have a boat, but I hear my friends tell me their costs for each trip then some of the repair costs they fork out. I'll stick with my kayak. At least till I find a rich GF!

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      Well i hope my girlfriend is rich too cuz after my boat causes a divorce im gonna need it hahaha.... the boat stays!

  • @vitalyparkhomchuk8938
    @vitalyparkhomchuk8938 4 ปีที่แล้ว

    Can you do a proper operating a (high power bass boat) rough water calm water and ect.. as I’m bout to purchase my first and not trying to end up I. The water especially at high speeds.

  • @atxbasstard8708
    @atxbasstard8708 3 ปีที่แล้ว

    Boats are like kayaks but for men

  • @SamSchmidtYT
    @SamSchmidtYT 6 ปีที่แล้ว

    What job/career do you have that allows you to travel so often and fish tournaments?

  • @tn8141
    @tn8141 6 ปีที่แล้ว

    As much as that boat cost hell I wouldn't even get it wet

  • @mikemills2417
    @mikemills2417 5 ปีที่แล้ว +1

    somebody asked the question i was thinking . I'M not hating mind you , i'm glad you can afford something that you want and do something you love to do . But , how do you afford all of this , you sir are talking alot of money not only that but taking time off work to travel and fish tournaments , which cost a alot of money . Where can i apply to work where you work ? I work as a paramedic making around 45, 000 dollars a year before taxes and there is no way i could afford a boat nowhere close to what you have plus i work 24 hour shifts with 2 days off so i would'nt have time to use a 115,000 dollar boat . So with all that being said , trickle down economics are not working for the lower class , if you have the money like this guy seems to have enjoy and the poor fishermen like myself will wave at you from the shore and think , where do they get their money and what am i doing wrong ?

  • @pitsmcgoo
    @pitsmcgoo 6 ปีที่แล้ว

    get a guide license you can write most of that off also depreciation on the boat and truck plus insurance write off pour some plastic worms and sell them at the tournaments you can even write off the entry fees. My God get a hold of your finances.

  • @donbaine118
    @donbaine118 6 ปีที่แล้ว

    What do you do for a living? I'm thinking I may not get a boat.

  • @ssfishing8636
    @ssfishing8636 6 ปีที่แล้ว

    What size motor do u need

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      For my size boat 250....225 would do it but 250 is best....other than that smallet rigs and motors work just as well

  • @scott1243
    @scott1243 6 ปีที่แล้ว +14

    Here's my boat story. 4 years ago I find a 01 Triton TR21 with just over 100 hours on the Mercury 225efi. $13,500 what a bargain. Garage kept looks brand new. My kid college bass fishes. 1st tournament the trolling motor craps out in practice. Run to Bass Pro, $1000. 1st day of tournament lower unit blows up, mechanic says casting flaw in pinion gear caused it, $2900. 13 months later lower unit blows up again, mechanic doesn't know what caused it. Put SEI lower on(big mistake) put 3 on in 1 year, finally get refunded from SEI(very hard to do). Put new OEM lower back on $2900. 1 month later(200 hours on motor, crank shaft broke) new power head and labor, $6000. 13 months later, motor out of warranty by 1 month, sticks the #6 piston(rings broke). I say piss on it I'm not spending another $6000 on an out dated motor. Brand new 250 Pro XS, $18,000, but at least I have a 5 year warranty. I have owned 6 boats and never experienced anything like this last one, but hey, at least the kid gets to college bass fish, lol. It's kind of like paying double for college tuition.

    • @DanielBenettiPlus
      @DanielBenettiPlus 6 ปีที่แล้ว +4

      B.O.A.T. stands for Break Out Another Thousand

    • @--RSL--
      @--RSL-- 6 ปีที่แล้ว +1

      I wouldve dumped that POS right quick. lit it on fire... something. Never buying a boat, thats what boat clubs are for. The best boat is someone elses.

    • @mokush4me412
      @mokush4me412 5 ปีที่แล้ว +1

      Set on fire and call your insurance company , would've save you a lot of headaches .

    • @milkman2591
      @milkman2591 5 ปีที่แล้ว +1

      I still have my Minn kota I bought with my first paycheck when I started working when I was 16. How TF did you break so much??

    • @scrubly_jr
      @scrubly_jr 4 ปีที่แล้ว

      jesus after all that BS you bought ANOTHER merc?? cmon man, should have learned your lesson and gotten a yamaha lol

  • @rangerbull
    @rangerbull 6 ปีที่แล้ว +5

    Paying boat off sounds good if your gonna keep it but trading it in they never want to give you much and you lose money in long run

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +1

      agreed....they will always give you the lowest possible...best to have some equity built in so you can lower the negative equity you carry over to the next one if possible

    • @suncoaster8578
      @suncoaster8578 6 ปีที่แล้ว

      True

  • @stevehardy7757
    @stevehardy7757 6 ปีที่แล้ว

    Dude, glad you're not my financial planner.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      What do you mean?...i would say dont buy a boat...aint rocket science its finance...and i have more xp than a lot of planners...i dont need someone to tell me this is a bad financial decision..nor would i pay someone to do so

  • @tmg033000
    @tmg033000 6 ปีที่แล้ว +1

    Well done video!

    • @tmg033000
      @tmg033000 6 ปีที่แล้ว

      Reach out to me when you can @bucketlisthunt on Instagram.

  • @lockedonbass9336
    @lockedonbass9336 6 ปีที่แล้ว

    Who won the rod and reel combos

  • @gunlover1955
    @gunlover1955 6 ปีที่แล้ว

    This guys boat garage is better then his house,,lol.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      Built it myself too...pretty proud of that....was still expensive though

  • @lukehoward4958
    @lukehoward4958 6 ปีที่แล้ว +2

    Got off the flw cup live stream to watch this.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      thanks brother....I'll be poppin on over there later

    • @rangerbull
      @rangerbull 6 ปีที่แล้ว

      I am here but got flow cup live on tv thru net flick on you tube

  • @vhf2582
    @vhf2582 6 ปีที่แล้ว +14

    This is Information people need to know. And this is the first video that I have seen go into this type of detail on the costs. If i could give this video 2 thumbs up I would.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      Thanks bud! Comments help drive views so i really appreciate you always droppin some good vibes

    • @vhf2582
      @vhf2582 6 ปีที่แล้ว

      This is good stuff. What also interesting is that even if you did not have a boat payment that it wou”d still run you around $800 or $900 a month in osts.

  • @victor-manuel-pr
    @victor-manuel-pr 6 ปีที่แล้ว

    nice video sir can you make a video like went you leave home to tournament of fishing day to the start to finish that will be awesome sir?

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +1

      Interesting anything particular you wanna see?

    • @victor-manuel-pr
      @victor-manuel-pr 6 ปีที่แล้ว

      Beyond The Bounds everything set up to start what type of clothes you have to wear for weather conditions tackle, rods , line !!

  • @bobwilliamson2828
    @bobwilliamson2828 6 ปีที่แล้ว

    Hey Lou, great info but don't forget the small things that always seem to go out on the boat too, a broke wire, bulb out etc. on the trailer also. keep up the great videos!

  • @kevinstone9825
    @kevinstone9825 6 ปีที่แล้ว +2

    what type of Job do you have?? Do you have the freedom of taking off work to practice??..To be competitive takes a lot of time on the water..We all know nobody makes a living fishing BFL and ABA..but they are the starting point and many go no farther ..It is very costly for the weekend angler.. the pro trail cost around 100,000 for the year to fish and no time for a job..Check out Travis Manson's channel smallmouth crush, he has been there and explains how tough it is..now he only fishes BFL, ABA and any derby he can find..and still is very challenging..There are a lot of great fisherman out there...I am finally going to fish the BFL and ABA next year..Shenandoah division..Hope to see you there..good luck and keep vids coming...

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว +3

      I do watch travis religiously....great content....i imagine his work on youtube is geared towards the future runs at the tour again. But this is a very expensive sport...i am self employed and set my own schedule....but i have to work full time and then after hours...i just hustle

  • @rw1377
    @rw1377 4 ปีที่แล้ว

    1800bassboat & Ben green insurance ...

  • @93stang19
    @93stang19 6 ปีที่แล้ว +2

    60k good Lord !!!!

  • @jadiel2543
    @jadiel2543 6 ปีที่แล้ว

    Well thanks a lot for not putting up this video a couple months ago.. just bought me a 2018 nitro.. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$.

  • @markcarkner4617
    @markcarkner4617 6 ปีที่แล้ว

    You have a diesel now man? When did ya make the switch?

  • @dsettleascii
    @dsettleascii 6 ปีที่แล้ว +4

    So I cant afford it. Good to know

  • @mrwwh9174
    @mrwwh9174 6 ปีที่แล้ว +1

    I have about the same costs as you and plan on keeping my 2016 ranger. I also plan on moving to boater next year in BFL. I didn't expect gas cost to be as high with 4 stroke but guess that goes along with it too.

    • @BeyondTheBoundsOutdoors
      @BeyondTheBoundsOutdoors  6 ปีที่แล้ว

      That it is i never really thought much about it...it still doesnt stop me at all...but i positioned myself to be in this position

  • @TK-rb5nm
    @TK-rb5nm 6 ปีที่แล้ว +2

    B. Break O. Out A. Another T. Thousand... and we just do it for fun .... lol

  • @colbyc.6698
    @colbyc.6698 6 ปีที่แล้ว

    I don't think there's anything else like this on the yusetube as Al Sharpton says