Camasonian
Veteran Member
Hi everyone. Does anyone know if there are any statistics on means of boat purchases for the kind of trawler yachts generally discussed here? We were vacationing on San Juan Island last week and I walked the docks at Roche Harbor and started to wonder how all those expensive boats were actually paid for.
My wife and I are reaching early retirement age and thinking more about pulling the trigger on a trawler that would be our vacation home for the next decade in lieu of the typical beachfront home or mountain cabin that upper middle class and upper class folk around here tend buy once they reach a certain financial status.
I'm guessing around here that the huge majority of beachfront homes or cabins around Bend and Sunriver are mortgaged, but I don't really know that for sure. It is the same for boats?
We are reaching the point where an all-cash purchase could be possible but would have bigger tax implications than a loan. I'm just kind of curious what percentage of say Nordic Tugs or the like are financed vs bought outright.
Anyone know?
My wife and I are reaching early retirement age and thinking more about pulling the trigger on a trawler that would be our vacation home for the next decade in lieu of the typical beachfront home or mountain cabin that upper middle class and upper class folk around here tend buy once they reach a certain financial status.
I'm guessing around here that the huge majority of beachfront homes or cabins around Bend and Sunriver are mortgaged, but I don't really know that for sure. It is the same for boats?
We are reaching the point where an all-cash purchase could be possible but would have bigger tax implications than a loan. I'm just kind of curious what percentage of say Nordic Tugs or the like are financed vs bought outright.
Anyone know?