You didn't say where you live, but the most expensive slip in my marina is $1350 per YEAR. I pay $680. My slip includes power, and water is on the dock until it gets cold enough to freeze. If you live aboard they charge $2 a day for the extra power you use. This is on lake Guntersville in Alabama. Boat maintenance gets a lot cheaper when you do it yourself. You won't believe how much info you get here and how when you need an extra hand at the marina, someone always steps up.
Louisiana.
In actuality, I did the math and I did not like the results.
Basically, I hate loaning money, everything I own is paid for ... at least it was so until my better half got me into buying this home I did not have cash for so now I have this mortgage. I will pay it off in four years if I do not buy this boat and can tell goodbye forever to Bank of America (in case you didn't know the customer is always wrong at BoA). Also, I never buy insurance unless it is mandatory.
Now, if I buy this boat this means more interest paid to the bank and more insurance premiums paid for insuring my property.
Which means this boat will cost me much more than purchasing price and upkeep.
In short, I decided not to buy a boat until my mortgage is gone.
I guess that means my account must be deleted, I read terms and conditions when I joined these forums and seem to remember people without boats are not eligible for membership or something along these lines.
I will be back one day.
Big thanks to everybody who replied and have fun sailing!
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Cheers