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Topic: In other news ...

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utee94

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Re: In other news ...
« Reply #15190 on: April 01, 2022, 10:27:06 AM »
How long would it take to recoup that $150 K with lower operating costs, presuming the boats are equivalent otherwise?

No oil changes.  You'd need a place to plug it in.

Definitely depends on how much a person uses the boat.  Average use per season is around 50 hours on a ski boat, but I use my boat at least 100 hours per season.  For me and 100 hours per season, at today's gas prices, in the marina, the breakeven point is about 53 years.  

I'd estimate that between oil changes, fuel filter changes, and all of the other regular preventative maintenance on a gas-powered ski boat, I'd spend about $500/year if I had a boat mechanic do it all.  If I had a boat mechanic at a marina do it all, maybe closer to $1000/year.  So over ten years, that's $10,000 you'd spend on a gas powered boat, that you would not have to spend on an all-electric boat.  That brings the breakeven point down to 50 years.

That's not counting whatever the marina might charge me for electricity to recharge the boat, or any electric-engine specific maintenance, because I have no idea how much that would cost.  But I'd assume that it's minimal compared to a gas-powered engine.

Cincydawg

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Re: In other news ...
« Reply #15191 on: April 01, 2022, 10:59:54 AM »
You could also have $150 K invested in something and earning money during the interval.

I think the low volume on EV boats is a large factor.  You could make a decent boat with say 40 miles range with a Tesla battery and motor.  Boat uses tend to be spread out so you could recharge with 120v off the Marina.  It wouldn't work if you wanted to use it daily.

Seems like it could be a market if they didn't go overboard with the battery.

utee94

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Re: In other news ...
« Reply #15192 on: April 01, 2022, 11:07:27 AM »
You could also have $150 K invested in something and earning money during the interval.

I think the low volume on EV boats is a large factor.  You could make a decent boat with say 40 miles range with a Tesla battery and motor.  Boat uses tend to be spread out so you could recharge with 120v off the Marina.  It wouldn't work if you wanted to use it daily.

Seems like it could be a market if they didn't go overboard with the battery.

Very common to use the boat two days in a row-- Saturday and Sunday.  In fact I'd say that's the MOST common use case, for ski boats.  So you'd need something that could recharge fully between, say, 9 PM on a Saturday night, and as early as 7 AM on a Sunday morning.

Mdot21

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Re: In other news ...
« Reply #15193 on: April 01, 2022, 11:19:42 AM »
Inflation will cost you an average of $5200 more this year. 

https://www.businessinsider.com/inflation-cost-americans-5200-extra-food-gas-energy-prices-bloomberg-2022-3
that sucks. feel really bad for all the people who were already struggling to get by as it was before record inflation and price hikes. and this is primarily why the dems are about to get wiped out in the midterms. it's going to be a blood bath.

FearlessF

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Re: In other news ...
« Reply #15194 on: April 01, 2022, 11:23:23 AM »
Very common to use the boat two days in a row-- Saturday and Sunday.  In fact I'd say that's the MOST common use case, for ski boats.  So you'd need something that could recharge fully between, say, 9 PM on a Saturday night, and as early as 7 AM on a Sunday morning.
obviously, electric prices at the marina would go up as electric boats became numerous

Marinas are pretty good about charging premiums
"Courage; Generosity; Fairness; Honor; In these are the true awards of manly sport."

FearlessF

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Re: In other news ...
« Reply #15195 on: April 01, 2022, 11:23:52 AM »
"Courage; Generosity; Fairness; Honor; In these are the true awards of manly sport."

CatsbyAZ

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Re: In other news ...
« Reply #15196 on: April 01, 2022, 11:27:00 AM »
Today has been a "red letter" day in the life of Joe Biden's presidency

1 - He has elected to release another 1M barrels of oil from our Federal Reserve but at the same time has not taken any action to increase oil production. 

2 - He is set to lift Title 42 covid restriction at the southern border in May which will increase our daily illegal crossings by up to 100%
If this happens with no alternative restrictions being implemented it will by catastrophic

3 - This is my favorite - Joe Biden has endorsed sex change surgery and hormone therapy for children

Please Lord do something before this country is completely destroyed
I just hope we can hold on till the mid terms


It’s more than just one bad day for the White House. Biden visiting the troops in Poland was supposed to be the good, needed optic as bulwark against all the talk of rising gas prices and supply shortages.

Instead, the White House (Ron Klain?) has to walk back two (or three?) more Biden gaffes; these “gaffes” turning into a weekly thing. All erupting into a fiercer round of 25th Amendment discussion.

Compound that with certain pillars of the media - Washington Post, NY Times, CNN - running with the Hunter Biden story in unison.

Fringe media figures that I admittedly tune into are theorizing whether “the real powers that be” are laying the ground work for Biden’s eventual removal due to how much of a “liability” he is becoming, having reached an unsalvagable tipping point last weekend.

utee94

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Re: In other news ...
« Reply #15197 on: April 01, 2022, 11:44:10 AM »
obviously, electric prices at the marina would go up as electric boats became numerous

Marinas are pretty good about charging premiums
For sure.

But there are a lot of trailered boats out there.  Those you would charge at your storage facility.  For a lot of folks that's covered self-storage, and for a lot of folks that's their own home/garage.

Still, you'd need to be able to deliver a full charge overnight.  And if the boat's usage capability was only 3-4 hours in a day, that wouldn't suffice for me, or most people I know.  However there are a lot of hardcore skiers/wakeboarders, that only go out for a couple hours per day.

 

Drew4UTk

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Re: In other news ...
« Reply #15198 on: April 01, 2022, 11:58:45 AM »
At some point there will be an interchangeable battery system, and this would benefit boats more than cars most likely... you'd buy a battery as you would one of those blue rhino LP bottles.  

Boats are a great target for crower six stroke engines.  Lightweight and torque monsters- boats are all about the torque... HP is a misdirection or a poor evaluation of expected performance. 

utee94

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Re: In other news ...
« Reply #15199 on: April 01, 2022, 12:10:57 PM »
At some point there will be an interchangeable battery system, and this would benefit boats more than cars most likely... you'd buy a battery as you would one of those blue rhino LP bottles. 

Boats are a great target for crower six stroke engines.  Lightweight and torque monsters- boats are all about the torque... HP is a misdirection or a poor evaluation of expected performance.

I don't know that battery storage will ever be physically small enough to interchange like that.  The battery banks required for cars, are massive.  I'd imagine they'd have to be similar for boats, in order to provide any reasonable amount of usage time.

Miniaturization of chemical agents doesn't work the same as miniaturization of semiconductors, for example.  There's no Moore's Law that applies to batteries.

MrNubbz

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Re: In other news ...
« Reply #15200 on: April 01, 2022, 12:34:29 PM »

Speaking of marinas, I'm looking at one of these right now:




That all ya got top this fine vessel

Suburbia:Where they tear out the trees & then name streets after them.

MrNubbz

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Re: In other news ...
« Reply #15201 on: April 01, 2022, 12:39:55 PM »
Nearly as I can tell, this may reduce oil prices by 3-5%, temporarily, maybe.  So, instead of paying $4.20, maybe you pay $4.
In the city I got it for 3.58 - 41 cents per gallon cheaper than the burbs even less than COSTCO
Suburbia:Where they tear out the trees & then name streets after them.

bayareabadger

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Re: In other news ...
« Reply #15202 on: April 01, 2022, 12:49:45 PM »
A very high percentage of that premium is due to insurance requirements. A spill on the water is vastly different than a land spill.
That makes sense. Insurance companies have been taking a bath coming out of the pandemic as they projected somewhat poorly. 

And Florida is a mess of a state for insurance, so I imagine that just doubles down. 

Mdot21

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Re: In other news ...
« Reply #15203 on: April 01, 2022, 01:00:02 PM »
4 Signs That a Housing Market Crash Is Coming

https://www.fool.com/the-ascent/personal-finance/articles/4-signs-that-a-housing-market-crash-is-coming/
article is kind of suspect imo. In their first point they mention home prices being down 1.8% in Peoria, Illinois and down 5% in Gulfport, Mississippi and that it's not much at the moment. Um. Ok. Home prices are down in areas where people are leaving and new people don't want to move! No kidding! What a shocker!

In their second point they mention Inventory is picking up. It's not picking up. Like at all. People are flat out not listing their homes on the MLS for sale. And in terms of new construction, as soon as builders put stakes in the ground that new inventory is basically gone- often times it's gone before the stakes are even in the damn ground. And with labor shortages and materials shortages- builders of single family homes are not going to be able to probably ever catch up- and because of the crash in 2008- there was an entire decade plus of not enough single family homes being built. And also- with the big national builders- who are the main drivers of new inventory- especially affordable housing in most markets- signing deals with PE assholes to build thousands of homes so that the PE's can turn around and rent them out or package them and sell them or spin that arm of their business off and take it public- that is going to be taking away thousands and thousands of new home inventory from hitting the open market.

Their third point probably doesn't mean much either. 70% in a Fannie Mae survey said it's a bad time to buy a home. Yeah, well no sh*t it's a bad time to buy a house- home prices are surging and out of control due to complete lack of inventory and record demand and inflation has increased prices for materials for everything that goes into building new homes- therefore builders/developers are going to have to increase their prices to sell the house.

Their fourth point on Interest rates are kinda meh too. Interest rates have gone up to to 4%. That's still ridiculously low. Even if they go up to 4.5% or 5% - still pretty damn low. When interest rates on 30 year mortgages start hitting what they were in the 70s and 80s- then we might be in trouble.

 

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