SoCal Jet Boats
Discussion => The No Wake Zone => Topic started by: BangShiftChad on July 31, 2012, 05:28:01 PM
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Hey dudes,
Longtime lurker around here who has been way to poor to buy the jet I dream of but now I want a boat so bad I can taste it. I have very little budget, and am cool with a project which is why I need your advice. I found a boat that sounds pretty good, although it is more family cruiser than river racer, but I'm good with that for now. It is a 19ft Wreidt, perfect floors, decent interior, has a 455, Berkeley, needs a cleaning, oil change, tune, and some little stuff. No problem.
HERE IS THE PROBLEM
It needs to be registered but has not been registered in 5 years. How do I calculate the fees so I can decide what the boat is worth?
Let me know.
Chad
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http://www.dmv.ca.gov/vr/fees/vessels.htm (http://www.dmv.ca.gov/vr/fees/vessels.htm)
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So did you buy the boat? Pics?
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I looked at that but couldn't figure out which ones apply. :banghead:
Is it Original Application (except for nonresidents)–Submitted in an even-numbered year. $29
Plus: Penalty–for fees due in an even-numbered year. $15 x2 for the number of even years missed
Penalty–for fees due in an odd-numbered year. $25 x2 for the number of odd years missed
Renewal (biennially) $20 x2 for the number of renewals missed
Renewal (biennially)–Penalty $10 x2 for the number of renewals missed
Transfer $15
Does that sound like all the fees? Or am I missing something? If that is correct then the total would be $185 to bring it current. That seems low based on what cars normally cost with back registration fees around here. I am used to car fees, not boats.
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So did you buy the boat? Pics?
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No, I have seen some pics but not in person yet. Supposed to go Thursday or Friday.
It's a 1972 Wreidt 19 footer and here are the pics I have so far. Looks decent. Not going to break any speed records, but could be cool for me and the wife and kids until I find one I can afford that goes fast.
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I would save money for something better....you will see that owning a boat will run up a grip of coin. Be patient and something in your range that you could resell or just be happy with will appear. Regardless of what you get its an investment and all boats end up getting there share of that period....What you show is about a 500-1000 boat and after you spend 5000 or so on it you still have a 500-1000 boat.
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look when you buy a boat , your really not buying a boat your getting into a expensive hobbie. and the whole family better be behind your hobbie or it will never really happen.if you cannot afford the boat you want, maybe you can offer a trade with some cash. dont just buy something that may or may not get you by.good luck !
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I appreciate the comments guys, and understand completely. I'm a hot rod guy and racer so we know all about projects that cost money and don't get used nearly as often as they should for the investment.
I was thinking this boat could just be a fun little family cruiser to get the kids into boating. The wife loves to be on the water, and I think the kids will too, but I'm fairly certain they aren't ready for a 70mph +, loud, 4 people max hot rod like I want. ;D
If I went into a boat like this thinking I just want something that I can run around in with little investment, wax it up, do some cleanup, etc, and go out and have fun on the river or lake, will I still be looking at a money pit and not have fun? My thought was that I could spend a few hundred bucks on this thing by doing anything needed myself, and then go tool around in it. In two years either sell it, or more likely pull the 455 and Berkeley out of it for some other project. Keeping in mind that the 455 would have to be sold to some Olds guy who just "has to have one".
I'm a very experienced car builder, and can do glass work, any electrical, engine work, etc. Am I still getting in over my head?
I seriously appreciate the advice and information. Oh, and does the pricing seem right on the back fees on this thing or am I calculating them wrong?
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Its all what you make of it. The boat'd be fun but could quickly cost a lot of T&M.
Then when you're done with it, it will be a very difficult boat to sell even after you pretty it up.
Just think about it, there's other deals out there with more desirable motors and hulls.
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All good points. I appreciate it a lot. I'm going to keep looking. I've waited this long, it's not going to kill me to wait a bit longer.
How cheap does this boat need to be in order to be worth the Berkeley and any other little parts for another project?
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If the owner wants to see that boat leave, he will have to pay someone to take it.
IMHO
(and as a Olds powered Wriedt owner)
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Chad If You Want someone to go look atthe boat with you I live in ontario. (rivertard).
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You can call the DMV 1-800 number and give them the CF number and they will tell you exactly how much it will cost to bring the boat up current. I do that every time. No guess work or nasty surprises that way.