How do you guys with the G23 afford these boats?? Am i missing some trick?? LMK

[1sicknautique]

Like the title states, I was curious as to what you guys do for a living to afford these g23's. I was wondering if you guys know something that i don't as far as affording one of these beauties. I make very good money and have no car payments and no debt other than a mortgage and there isn't a way i could fit on of these into my budget monthly. What are you guys doing?

[gate9869]

Big chunk down and 15 year boat loans haha

[ffmedic74]

I still argue that the best day I have EVER had on the lake was with friends in my buddy's 1964 Chris Craft inboard and a cheap stereo about 4 years ago!

[northwestwater]

hi 1sicknautique. i agree with ffmedic that i'm sure we all just feel blessed to be able to get out on the water and have a good time. i don't know for sure but, i would imagine you are asking the question because you are young and considering what you are going to do for a living? i'm sure many on this site have high incomes through a variety of careers/industries. i am self-employed and have grown my business through years of blood, sweat, and tears. i've won and i've lost (big on the lost part). i recently spoke to a group of young people about career choices and i told them i felt the best chances for success are to stick with one thing and become better at it than anyone else. Don't jump around from one job to another. be the master of what you do. 2. fall in love with your work. be willing to give 80-100% (about the same level of energy, you probably give to your wakeboarding btw!). if you have passion for your work, people will naturally want whatever it is your business is selling. and 3. spend less than you earn. invest the difference. This one is not fun but, important for building wealth, unfortunately.

i'm no tony robbins, but that's my .02. i don't have a G23 but, i ordered one a couple of weeks ago (550 mtr) for spring as a personal reward. i had set a goal early in the year that if i could get an important contract for my company, i would get the G23 as a reward. i told my wife, i would not get the boat without the contract and believe me, she kept me to it (she has a hard time understanding what the big deal is on the G23...crazy, i know). i have a personal rule that i don't finance my personal items which is part of my belief system too.

don't know if that was the intent of your question but, if not, just ignore what i wrote .

[scottb7]

I am thrilled many have the dough for these expensive boats...I would buy one two if i could. Oh yeah, I could but choose not too. Really I could. Oh, who cares, don't believe me...Anyway.

Let me make this prediction: The g23/g25 will set another new record >>>> record depreciation : Because the gap has grown significantly between new price and what "most" people can afford the depreciation first 5 years will be bigger than the wake!

Also, if you think those that bought the g23/g25 will keep them for a while based on price, i would say probably not... because they will want to upgrade in few years due to something that comes out (boat or feature). nautique does not really care about keeping current owners happy. if they did they would spend more effort making dealers better and dealer network bigger. they are about selling boats, which is fine don't get me wrong. just saying...

[ericchile]

From what I can tell G23 owners fall into two categories. 1st independently wealthy either through family or by own means or 2nd people that are willing to sacrifice other things it their lives for more money spend on their water craft. How many pictures of G23s have you seen parked in front of houses that are probably worth the same or less?

[Calgary210]

Very well said northwestwater ! I could'nt have said it better my self and it's all true, I'm waiting for the G21 to come out in 2014 maybe earlier than I shall reward myself.

[ironj32]

I'm 29, and have a decent paying career. With that said, I'm by no means "rich". I just choose to spend my money differently than most others. Instead of buying a $400k house, I purchased one at half that price. I don't have a bunch of big new tv's/expensive gaming councils/computers, I don't hit the downtown scene every weekend, nor do I go on multiple expensive vacations each year, don't have a bunch of expensive shoes and clothes. I'm content with my 5 year old 37" flat screen, my girlfriend and I try to go out to eat only once a week and don't spend too much (maybe only $60 total), I try to get at least one trip in down to southern Florida each year (I stay with family, so the vacation is relatively cheap)

Pretty much everything you can spend money on is a depreciating asset (with the exception of a house, land and investments). I decide to flush my money down the drain with a G23 vs the afformentioned.

[AllianceBJJ]

^^^ This ^^^

I am 36, between the wife's and my salary we live very comfortable....

My weekends at the lake are way more important to me than other vacations and a lot of other things that people do to piss away money...On my 4th Nautique in the last 4 years, have traded each back in, and have not lost a single cent on any of the 4...Actually ahead trading this 230 in on my G23 that will arrive in February...

[gate9869]

I'm on the same page as ironj32 I'm 29 and have had 3 boats since I was 20. I grew up on the lake so boating is a lifestyle not a hobby! We are on the water 3 days a week at least all summer so instead of buying a 500k home I chose to spend less and have a nice truck, boat, and go on vacations ! Plus not having kids helps haha you don't have to make 250+ a year to afford a g you just have to decide if your willing to part with other things. Ie: $200-$300 dollar dinners, $500-$1000 dollar bar tabs every weekend, and spending money on dumb things. If you are middle to upper middle class ( like most of us on here) with out a lot of debit, make good money and you budget your money right you can afford one! With out a car payment you should be fine. With a decent amount down and a 15 year loan you should be around $600-700 a month. Check with your local credit union and get out there and get a new G !!

[CradGen2]

My children are below in the current section. No kids helps us.

[Laketexoma]

For us the wife makes all the money (im a stay at home dad) and she LOVES nautiques. Who am I to stand in the way of her? We are getting it before I taxes go out the roof!! lol

[jbach]

northwestwater reminds me of one of my mentors in life. he once gave me some of the best advice i've ever heard and followed. "son, you don't finance fun".

my wife and i make a nice living. we'll own a G in about 10 years. until then, we'll be just as happy with our 5-10 year old boats that the previous owners took the hit on. we have other priorities in life, like living completely debt free, including our home and vehicles and a completely funded college fund for our now 9 month old son. there is an unexplainable piece of mind that comes with being 100% debt free that most who make payments will never understand.

we told ourselves when we got married that we will NEVER owe anyone money. if we can't afford it, we'll do without until we can. the borrower is always slave to the lender. ALWAYS!

[jbach]

On my 4th Nautique in the last 4 years, have traded each back in, and have not lost a single cent on any of the 4...Actually ahead trading this 230 in on my G23 that will arrive in February...

unless you're getting some kind of new pleasure boat subsidy from uncle sam, i don't think anyone here buys the story you're selling. you're paying for that depreciation, it's just being lumped into the new boat.

[AllianceBJJ]

unless you're getting some kind of new pleasure boat subsidy from uncle sam, i don't think anyone here buys the story you're selling. you're paying for that depreciation, it's just being lumped into the new boat.

Believe it or not....My last few brand new 230s have been bought well under what used ones are currently selling for...

A lot of people would likely choke if they saw the deal sheet I had on my last few boats.....