Posted by PatrickInEverett on 09/03/21 - 8:18 PM
#4
Phil T wrote:
Personally I would cancel the order, get back the deposit and wait a few months.
There will be a number of new 150 Montauk owners, "covid captain's" is the new term, who realize boating is not for them.
I see that listing, that price is almost the cost of new and it is a 2007 model. Total covid pricing.
Better yet, buy a Montauk 17/170 for the same money and have more days for boating.
I'm feeling calmer about it today. I'm not inclined to bail out now after waiting this long. I'm expecting it to take at least two more years for the market to recover.
Of course a 170 would be nicer, but it's not just a matter of paying 50% more for the cost of the boat. I'd also have to buy a new vehicle to tow it with, and pay to store it away from home. My cost of ownership would nearly triple. I chose this boat because I can tow it with my little Subaru Forester and store it in my garage. It may not be the ideal boat for Puget Sound, but I can easily tow it to any number of local rivers, mountain lakes, and estuaries. I could maybe even tackle the San Juan Islands, if I trailer it over on the ferry rather than crossing Rosario Strait and hoping the weather will be good enough to get back a few days in the future. I've been an avid canoeist for many years, and wanted a boat that I could take to all the same places I take the canoe, except with enough power to easily overcome the tides and currents.
One good thing is that financing is pretty cheap now. At 4.24% it's much better to finance than to pay cash (the stock market is paying double that, so might as well leave the money there).