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Joined: Sep 2011
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Campfire Kahuna
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Campfire Kahuna
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Joined: Sep 2011
Posts: 60,673
Renting, or leasing a boat? I see boats that my boat could do figure eights in.

Are all those boats owned by the person using it?


These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
GB1

Joined: Jan 2003
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Joined: Jan 2003
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I have no idea. What I do know is that there are some people in this town pulling $70k boats with $10k pickups and living in $30k trailers which to me seems out of whack. And plenty of people living in houses with new pickups and they can't afford those boats either. I guess good for the boat manufacturers that dick measuring is alive and well. To each his own, but it makes me wonder.


"Miss Jean Louise, stand up. Your father's passin.'"
Joined: Sep 2011
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Campfire Kahuna
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Campfire Kahuna
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Joined: Sep 2011
Posts: 60,673
I doubt if the fish care how much you paid for the boat. laugh


These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
Joined: Jan 2001
Posts: 29,800
Campfire Ranger
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Joined: Jan 2001
Posts: 29,800
Never looked as leasing, but my financial advisor wanted a small runabout to do some fishing. Wife and kids got involved and he ended up with a $58K ski monster. A year later divorce proceedings began. No idea what happened to the boat.

Only benefit to a lease is the potential to write it off if it can be included as a business expense.


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