To Buy or Not to Buy (A Boat)
That is the question. I like being on the water. Whether it’s cruising around on a pontoon, or getting pulled behind a boat on a float of some sort, I just enjoy lake life. So much, in fact, that I’ve considered buying a boat through the years. Every few years, we rent a boat on Lake Jocassee for a day in the summer. We’ll invite several people, cruise around the lake, and turn it in at the end of the day. It isn’t cheap, a rental seems to go for about $500 per day, plus fees for accessories and junk. The cost is easily worth it, especially if you have multiple people chip in. I considered, though, what if we just bought a boat? If you buy a boat, you make payments on it until you own it, and then it’s yours. Eventually, that cost probably evens out and you’re in for cheap lake days for life. You pay for gas, and I guess that’s it. And then, we could go out on the lake whenever we wanted, without that steep cost for the rental. I ran this idea by a coworker who owns a boat, and he actu...