Boating Blogs and the adventure of Boating Journey

February 28, 2021March 1, 2021

What’s next our Boating Journey?

For the past couple of months, many of our followers have asked us “what’s next for Boating Journey?” In this week’s blog and episode, we’ll share our thoughts and plans for 2021. First, let’s go back to why we started Boating Journey.

Back in 2012 I started reading true story sailing books as an escape from my reality (working non stop running our wine shop). That got me hooked and we started dreaming about cruising the world. I was fascinated by the details each author shared in their books. How did they remember all of the details of each trip or destination? So in 2013, Boating Journey was born (see that first post here). I decided to document our travels including boat shows and Caribbean vacations, as we worked closer to our dream.

Boat Trials

Before Scott and I could set a plan for cruising the world, first we had to make sure Scott liked boating. He had never owned a boat nor stayed the night on one. In 2017, we purchased our first cruiser, a 2001 Bayliner 3055 Ciera Sunbridge. It was a great boat and we cruised all over Puget Sound. He was hooked! After we owned the boat for 18 months, we decided to sell it, so we could save up to buy our liveaboard boat.

However, just a few months later, we toured a Bayliner 4087 (in February!) and decided to make an offer. This boat gave us a much better liveaboard experience and we loved it. But when the pandemic hit in early 2020, we found ourselves stuck at the dock. All of the marinas were closed and so were many anchorages. We knew this was not our actual liveaboard boat, so once again we sold the boat to begin saving for “the one”.

Now What?

We sold our Bayliner 4087 in July 2020 and managed to stay active on the water the rest of the summer, including a charter trip through the San Juan Islands. This weekend, we sat down and went over the options for Boating Journey’s Blog and Channel:

Option A

We find our liveaboard boat AND slip
It has to be within our budget

Option B

Continue looking and touring possible liveaboard boats
Look beyond the PNW for liveaboards (which could require us to relocate)
Share boating experiences (is there something you would like us to do and share with you?)
- Trips: whale watching next month and USVI in April
- Boat Shows: go back to Annapolis, maybe attend Fort Lauderdale too
- Experience something new: hot tub boat powered by a wood fired stove, rent a day boat for the day, maybe rent a houseboat on Lake Roosevelt, cruise on Lake Diablo

No matter what our options are, we are committed to investing in our experiences to share those with all of you. One way or the other, we’ll be on the water this year and we look forward to a fun year!

As always, thank you for following our boating journey. You can follow us on social using @BoatingJourney. Be sure to subscribe to our YouTube channel and watch this week’s episode below. Next week, we take you on a tour of a 41′ Cruisers Yacht, so tune in!

Cheer, Scott and Ally

February 21, 2021February 26, 2021

Bayliner 4788 Tour at Fisherman’s Terminal

Scott and I finally toured a 1998 Bayliner 4788 MY last week. Since we have owned two Bayliners many people told us to look into a 4788. This boat is currently moored at Fisherman’s Terminal in Ballard and we spent the afternoon exploring the marina as well.

The tour was impromptu and so we didn’t get a chance to take our time taking professional photos. The broker did tell us that the owner has added many upgrades to this Bayliner 4788, including a camera system to help him easily navigate and dock the boat.

Interior Upgrades

One thing you’ll notice immediately upon entering the salon is the upholstery and carpet are new. The two chairs are original to the boat and have not been redone. The salon has the same granite counter our 4087 had, but the wood is much lighter than what we had. This is because the owner also had all of the wood refinished.

The galley has decent counter space, similar to our 4087. It has an upgraded SeaFreeze fridge that is nice and roomy. The shades are all electric and move up and down with a press of a button! How cool is that?! The stovetop / oven is a Princess, the same model we had on our boat. You know how picky we are about the sink and this boat has two sinks, one of which is decent size. At least you can get a pan in it!

Drinks anyone? Check out the “wet bar”. Next to the sink, is a countertop blender! Haven’t see one of those in years.

The Two Helm Stations

A few steps up from the salon area, is the interior bridge. I was shocked by how great the visibility was from this bridge. Normally, we never use the interior helm station, but in this case you would want to. The captain’s chairs (upper and lower) were both recently upgraded and the best part is you can move it around (it’s not anchored to the floor). These chairs are very nice upgrades to the boat.

You can access the upper fly bridge from either the stern (via a ladder) or from the interior bridge. I was disappointed that the upper bridge didn’t have a table or a good area for entertaining. A large portion of the upper deck is used to hold the crane and dinghy.

For us, entertaining outside is important and we definitely want an area that has a table with seating so we can enjoy the outdoors during the summer.

The Sleeping Quarters & Heads

As you move down the hall, you’ll find one stateroom on your port side and the day head on the starboard side. Straight ahead is the master stateroom.

The first stateroom has a great design, as the bed is not on the ground level (like many aft berths). This makes it much easier to get in and out of bed.

The day head had lots of storage space and it did have a separate shower, which we like. I wasn’t too keen on the lip of the day head or shower in it. I would definitely trip on both of them.

As you move down the hall, you’ll find the washer / dryer combo. This is a definite must for a liveaboard boat.

The master stateroom is actually an island berth in the forward cabin. I don’t know what I was expecting, but that wasn’t it. I need a full walk around bed, so I was bummed to see that this was the design.

Apparently, the Bayliner 4788 was designed so that you could remove the partition between the master stateroom and the guest room with the bunk beds. That is exactly what this owner did and for privacy he put up a curtain. They use it primarily for extra storage, so this made a lot of sense.

I was also amazed by how much storage the master stateroom offered!

The master head has plenty of room, but we were shocked to see it has a bathtub! Now that’s a liveaboard boat!

Overall Impression

This particular Bayliner 4788 is beautiful and comes with a lot of great upgrades. The owner has taken really good care of this yacht and it shows. Is it what we are looking for? Unfortunately, no.

I really want a FULL walk around bed that I don’t have to hop into every night (remember, we’re living on this boat). While I love the entertainment space on the inside, there really isn’t any outside. The cockpit is too small for a table and chairs and the upper helm only has seating. Those are my two “must haves” for a liveaboard. If you want more information on this Bayliner 4788, please email us and we’ll send you the link. Many people ask us why we don’t include it in our blog or vlog and that’s because the link will become invalid when the boat sells. We don’t want to have any links on our website, that don’t go anywhere 😉

Fisherman’s Terminal

Fisherman’s Terminal opened in 1914. This marina is open to both pleasure craft and commercial vessels. Look for celebrity ships from Deadliest Catch! One caveat about this marina is it is not secured. The docks are open to the public.

The Seattle Fisherman’s Memorial memorializes more than 670 local commercial fishermen and women who have been lost at sea since the beginning of the 20th century.

Scott and I love that Fisherman’s Terminal is so close to us. If you recall from our previous blogs, we often buy our seafood from the Wild Salmon Seafood Market, located at Fisherman’s Terminal. There are also three restaurants and a gift shop at the terminal. Be sure to check it out next time you are in Seattle!

As always, thank you for following our journey. Next week, we sit down with you and share our thoughts on what’s happening in regards to our blog and vlog, and our search for a liveaboard boat. Follow us on social @BoatingJourney and please subscribe to our YouTube channel, by clicking on the video below and hitting “subscribe”. Cheers, Scott & Ally

February 13, 2021February 14, 2021

Swapping out the BVIs for the US Virgin Islands

Back in 2019, we booked a bareboat charter to the BVIs (British Virgin Islands) for March of 2020. We were the first group to be postponed due to the covid pandemic and it was probably a blessing as we may have been stuck down there. The four of us (Scott and our friends Ben & Maria) rescheduled the trip for February 2021. We were thinking that surely the pandemic would be over by then, right?

Opening up the islands to tourists

In October 2020, many of the Caribbean Islands started allowing tourists back, but under very strict guidelines. The BVIs implemented one of the strictest policies making travel there near impossible. First you had to have a negative covid test before boarding your plane. Then you received another test when landing and would then need to quarantine for four days. After four days, you take another test and if that is negative, you are allowed to tour only certain (non-tourist) locations on the island for another four days. After that, you were allowed to visit approved mooring fields and marinas on day nine.

Since our charter is only for five days, these rules would not work for us. As a result, we moved the charter to April 2021, in hopes they would ease up on the restrictions. That has not happened and it looks like they are here to stay for most of 2021. In addition, all water ports are currently closed and we were arriving by ferry from St Thomas.

Change of plans

Since we had our airfare booked (arriving in St. Thomas), the four of us decided to continue the trip and visit the US Virgin Islands. Ironically, Scott and I have traveled to many Caribbean islands, including the Bahamas, Jamaica, Antigua, Dominican Republic, Guadeloupe, Dominica and St. Maartin, but never the US Virgin Islands.

Our plan is to stay three nights on the east end of St. Thomas, then take a flight to St. Croix. There we are staying on the northeast end for four nights. We were going to take a ferry to St. Croix, but in the end the flight was easier and much faster. From there Scott and I are heading to St. John for three nights, so it is a stretched out trip.

Boating in the US Virgin Islands

Looking at the excursions that are offered, there are a lot to choose from! Kayaking at night looks interesting and they also offer an eco kayak trip. We definitely want to go sailing and snorkeling a few times and squeeze in a sunset cocktail cruise too. If you have any recommendations of “must do” excursions in the US Virgin Islands, please let us know!

Scott and I have wanted to retire in the USVIs for a long time, so it will be interesting to see if this destination meets our expectations. We could have moved our Moorings departure from Tortola to St. Thomas now that they have a base there. But honestly, we have been waiting for years to do the BVIs and we didn’t want to swap that out for the USVIs. Maybe after we boat around in April, we might regret our decision. We’ll see.

Our trip takes off on April 23rd for ten days. We do have to complete an online profile for covid and provide a negative test before we can enter the islands. For this trip we did buy trip insurance, as things can change at any moment.

Tune in next week for a tour of a Bayliner 4788. Please be sure to subscribe to our YouTube channel (see Star Clipper video link below). As always, we thank you for following our journey!

Cheers, Scott and Ally

February 1, 2021February 1, 2021

Tour a 2018 Sea Ray L590 Fly Yacht

The Seattle Boat Show was this week and everyone loves to tour the yachts during a show. This week, we take you on a tour of a brand new (executive demo) 2018 Sea Ray L590 Fly yacht.

Sea Ray stopped building boats over 40′ in 2019 and they only made a limited number of Sea Ray L590 Fly yachts. This is the only new L590 on the west coast and a really beautiful yacht. With a full enclosure, it is perfect for cruising in comfort in the Pacific Northwest, especially because every level has heating and air conditioning.

Entertaining in Style

This yacht has plenty of room for entertaining. The cockpit has seating for over 6 people and it comes with a fridge, icemaker and grill! Plus the joy stick controls are located on the port side for easy docking from the stern.

The interior offers a large open salon with plenty of entertaining space. This includes a comfy couch, ottomans, large flat screen tv and a built in bar. Plus the “up galley” allows the chef to mingle with guests while prepping dinner. The settee offers seating for 6 people comfortably too.

More Entertaining Space!

If that’s not enough entertaining space for you, check out the fly bridge. It has seating for 12 plus people (pre-covid of course), a fridge, a grill and sun pads to relax on.

Liveaboard Comfort

When I think about living on a boat, I wonder how we can make the transition from a home to a boat comfortably – especially here in the PNW. Taking a tour of this yacht, I would have no issues! The master stateroom has plenty of headroom, lots of storage, a full walk around bed, a desk/makeup station, a large flat screen tv and a comfy lounge area. The closet even has an icemaker in it! This is nicer than our condo.

What I love about this yacht, is that Sea Ray put so much thought into the design and texture of the interior. It truly reminds me of a luxury home without being “gawdy”. The master head is beautiful and the shower offers plenty of room for a 6′ person!

There are two other staterooms on this yacht, including a double bunk room. This room has plenty of storage space plus the washer and dryer!

The VIP V Berth

It seems like every v berth we see, the bed is about 4′ high and for me (Ally) who is only 5’3″, it’s a chore to “hop into bed”. What I love about this v berth, is the bed is lower and it has two steps on either side, to easily climb into bed. This stateroom offers tons of storage and another big cedar closet!

The day head has access from the hallway and the v berth. It offers the same space and details as the master head.

The Helm Stations

There are two helm stations on this Sea Ray L590 Fly yacht. The interior helm offers two VERY NICE captain’s chairs with a fantastic navigation center. Sea Ray did not skimp here either, offering leather console and storage compartments in the bridge.

The helm station on the fly bridge has great visibility for easy navigation and docking. The Zeus pod joy stick controls help navigate this yacht through tight fairways and makes docking much easier than you would expect. Two large SmartCraft Vessel View display screens feature provide all the information you need for operating this yacht.

This yacht is equipped with triple Zeus Cummins engines. For info on this propulsion, check out this link: https://www.cummins.com/engines/zeus-and-cummins-inboard-joystick.

Cruising in comfort and luxury

Sea Ray is known for their high quality vessels and attention to detail. This Sea Ray L590 Fly yacht is a great example of that. With less than 60 hours and with a full factory warranty, this yacht is ready to cruise the Pacific Northwest. For more information or a tour, visit Union Marine on Lake Union in Seattle.

As always, thanks for following our blog! For a full tour of this yacht, please watch our YouTube episode below and please subscribe for future episodes. Be sure to follow us on social @BoatingJourney. Stay tuned for next week, as we take you on a tour of a Boston Whaler 325 Conquest Pilothouse. Cheers, Ally & Scott

January 25, 2021January 25, 2021

Seattle Virtual Boat Show 2021

Scott and I have attended the Seattle Boat Show for the past 20 years. This year the show will be a virtual boat show and quite different thanks to the pandemic. The organizers of the show NMTA, have launched a fantastic website at www.seattleboatshow.com. Here you can buy different ticket levels, which gain you access to many features, including four days of virtual seminars (83 to choose from) January 28 – 31.

This will be the largest virtual boat show in the country and already they have sold tickets in over 40 states. There are over 600 boats featured on the website ranging from $1400 to $3.6million.

Going from 35,000 sq ft

As many of you know, I am head of marketing for Union Marine and the annual boat show is one of my biggest tasks each year. Normally the show takes up over 200,000 sq feet at the convention center at Century Link and my company normally has over 35,000 sq ft of that space.

Like many boat dealers, we are not only doing a virtual boat show, but we’re also hosting an open house at two of our locations in Seattle and Fife. To try and squeeze in a show of this size into two local showrooms is definitely a challenge, but I feel good about our accomplishment.

Hosting a Virtual Boat Show

No other organization has ever put together a show of this size and honestly, none of us know what to expect. One very cool feature of the show, is many dealers chose to do a 3D virtual walk-thru tour of their showrooms. You can see the two virtual boat show displays for Union Marine on our website. These tours are real life videos of our actual show rooms. You can click on specific targets and get information about a brand, including a brand video, build a boat or see our inventory.

The question still remains, how many people will shop virtually versus in-person? Guess we will have to wait and see. Just like a car, everyone loves to touch and see a boat up close and in person. Scott and I put a quick video together to give you an inside peek of the show both in-person and virtually – so check it out below.

This year, we hope to get to the Annapolis and/or Fort Lauderdale shows, so be sure to subscribe to our channel for upcoming episodes.

As always, thank you for following our blog! Be sure to follow us on social media @BoatingJourney too. Next week, we’ll take you on a tour of a brand new Sea Ray L590 Fly Motor Yacht.
Cheers, Scott and Ally

January 10, 2021January 10, 2021

Check out this 2000 Silverton 392 MY

This Silverton 392 motor yacht has an awesome layout and really could make for a great live aboard. Scott and I toured this yacht at Union Marine back in November and we were very surprised to see how much space it has.

The owners have put in some custom cutting boards in the cockpit above the refrigerator, which allows for great entertaining on the stern. We love how much open space there is in the cockpit for relaxing.

The Fly Bridge

The fly bridge on this Silverton 392 offers great visibility. One thing I noticed right away (and I think it’s a great idea), is the owner put labels everywhere to help who ever is operating the boat.

We also noticed that on the bridge, there were switches for engine fire extinguishers. How cool is that?!

The Silverton 392 Motor Yacht, with its innovative “SideWalk” flybridge steps, offers much improvement in safety, space utilization, and mobility. Never before has going forward been so easy and so safe.

The Interior

Compared to our Bayliner 4087, the salon offered much more space for entertaining. You could easily seat 6 or 8 people around the settee. For relaxing at night, the couch was directly across of the tv and it also has a reversible ottoman.

There is tons of storage space under the couch cushions, plus plenty more in the built-in cabinet under the tv.

With the galley just steps away from the salon, you can easily cook and entertain at the same time. There is a lot of storage space and I love that the stove top and oven are electric. Be sure to watch our YouTube episode, for a closeup tour (link at the end of this blog). For some reason, I hate propane ovens/stoves. I know they are the most practical for cruising, but if you are at the dock with shore power, I’ll take electric any day.

Two staterooms

Unlike our Bayliner 4087 that had three staterooms, this Silverton 392 only has two staterooms. However, someone could sleep on the couch, but that wouldn’t offer any privacy. The forward cabin has a double size bed and has plenty of drawers for storage.

There are two heads on this yacht and each has a VacuFlush toilet. The guest head does have a separate shower stall, which is a major plus. On our Bayliner, you had to use a shower curtain in the bathroom when you showered and things still got wet.

The main stateroom is an aft cabin, much like our Bayliner 4087. I feel this cabin is slightly smaller, but Scott disagrees with me. What do you think? I think that our bed was longer than the Silverton making the room bigger?

About our second boat — Main stateroom on our Bayliner 4087

The main head was a little smaller that I expected, but still offered everything you would need.

The Engine Room

This Silverton 392 MY comes with twin Caterpillar 3116 diesel engines which have a combined 740hp and they only have 150 hours of use! Access to the engine room is in the main salon.

This boat comes with a Kohler Generator and also has an oil change extractor! Super cool, especially if you have ever pumped out your oil manually.

Upgrades also include a WalVac system (a must!!), Inverter and an AB dinghy with a Honda 15hp outboard motor.

Overall Impression

Scott and I were pleasantly surprised by this yacht. It has a great layout, it’s comfortable and comes with many upgrades. While we loved our Bayliner 4087, had we looked at both boats at the same time, chances are we would have picked the Silverton.

Would it make a good liveaboard? Any boat can be a good liveaboard – check out our episode about living on a 32′ Nordic Tug. But in the end, we’re looking for a boat that’s a bit bigger with more storage. If you are looking for a great cruiser for the Northwest, be sure to check out this yacht. You will be impressed.

As always, thank you for following our journey! 2021 has a lot in store for us, including our (hopefully) upcoming bare boat charter on a power catamaran in the British Virgin Islands in April. If we can’t find the perfect liveaboard (or slip to go with it), we may decide to buy a smaller boat just to be able to get back on the water this year. Stay tuned! In the meantime, we hope you all have a fantastic New Year and we hope to see you on the water! See the full tour in the YouTube episode below.

Cheers, Scott and Ally

December 14, 2020December 14, 2020

Packing for the BVIs

Last Christmas, we were getting ready for our trip to the BVI’s and many of the gifts I gave Scott were for our trip. Unfortunately, the trip was postponed due to covid and now is rescheduled for next April. In this week’s blog, I’ll share with you many of the items I bought him (affiliate links are in this blog).

Since we have never chartered a boat outside of the US, we’re not sure what to expect. If you have chartered a boat in the BVI’s, please let us know if we are on the right track or if we’re missing something.

Drinking Water

I’m a water snob, as many of you know from our multiple posts about potable water and our drinking water episode. Our first boat had terrible water and I never even brushed my teeth with that water. On our second boat, we used a special antibacterial hose, with an external filter to add water to our fresh water tank. Then we had a drinking faucet with a 3M filter which provided us fantastic quality water.

Having no idea what the water quality is on the charter boat, I bought two things for drinking water. First, I bought Vapur ShakeFilter packets (what I thought were filtration packets) for drinking water. But the more I look at the product, it’s doesn’t say anywhere that it removes bacteria and that is one of my biggest concerns. (Glad I have 75 packets!!)

Next, I bought the world’s smallest water filter in a straw, called Clean Sip! These straws filter up to 200 gallons of water and they remove bacteria. I ordered one for each of our crew members for the trip.

Travel Guide

If you have ever traveled outside of the US, you have most likely used a travel guide from Fodor’s. I bought the Fodor’s Travel for the US & British Virgin Islands for our trip and I love it. It not only has all the travel info for hotels, restaurants, mooring balls, etc., but it also has information about the types of reef life, health information and currency. This guide is not only light weight, but the cover has a coating that protects it from moisture.

Phone Protectors

When Scott and I were at the Annapolis Boat Show a few years ago, we stumbled upon a cool new product for your phone & credit cards, called the Ugo wear wallet. The cases are made out of scuba gear material and zippers and they float. We love using these for dinghy rides or kayak trips.

For this trip I also bought us a waterproof bag from Earth Pak, for our longer trips to the beach. This pack also came with a waterproof phone pouch which we use all of the time when we go out crabbing.

Body Protection

While I love being in the sun, Scott does not because he burns so easily. For our trip to the BVI’s I bought him a Baleaf SPF 50 long sleeve shirt that we can wear out in the sun. It’s light weight and very comfortable.

Head Light

When I bought Scott a Cobiz LED head light last Christmas, I didn’t necessarily think we would take it with us on our trip. But after all of the issues we had on our last charter, we might want to rethink that. This is a great head light, with multiple functions. It also comes in a hard carrying case.

Mini Tri-Pod

I admit, we have a lot of tri-pods for all of our camera equipment. But when we are traveling by plane, we need to stay as light weight as possible. I found this great lightweight tri-pod from Pasavant. It only weighs a few ounces and it comes with a travel pouch.

Portable Camera

Last Christmas, Scott bought me all kinds of camera equipment including our drone and DJI Action Camera (all of those links can be found under shop our gear tab). One camera I love and will definitely take with us, is our DJI Pocket. It comes with a gimbal, it’s lightweight and really easy to use. Plus, when you are filming yourself in public, you don’t have this huge camera in your face drawing attention to yourself.

What’s the latest update on our trip?

I wish we were actually packing for our trip, but unfortunately we’ve moved it from February to April of next year. The BVI’s were open and they just closed again until January 21st. Before they closed again, their restrictions were so strict (4 covid tests, 8 days of quarantine, restrictions on to where you could travel), that it wasn’t worth going in February. As a result, we moved the trip to April, but we may very likely have to move the trip again. With vaccines on the horizon, perhaps we might make it.

If there is anything we’re missing here that we should take on the trip, please let us know. As always, thank you for following our journey! You can find us on social at @BoatingJourney. We hope you all have a wonderful holiday season! See our YouTube episode below!

Cheers, Scott and Ally

November 29, 2020November 29, 2020

Loan Options for Financing a Boat

In this week’s blog, we welcome Lauren Cordell, a guest blog writer. She shares with us different loan options for financing a boat.

4 Loan Options to Lower the Financing Costs of Boat Ownership

There is nothing more refreshing than driving down to the lake on a warm summer day and lounging about on your boat. However, unless you have a tremendous amount of cash lying around, you’ll likely need a boat loan to bring your fantasies to life.

For most people, financing a boat is a heavy financial challenge. Fortunately, there are a few boat loans to ease the load from boat financing. Setting aside time to think about a reasonable spending plan and financial capability for your purchase can undoubtedly help you choose the type of boat loan that caters to your lifestyle.

How to Finance Your Boat

Financing a boat begins with searching for a credible lender for boat loans, discussing, and applying. Finding a boat loan lender is not that back-breaking since banks have found that most boat purchasers are great customers for loans.

Nonetheless, you can also opt to hire a boat loan expert instead of directly contacting a boat loan lender. Boat loan experts commonly interact deeply with the client regarding the application, credit faction, examination, and underwritings.

Boat Loans

It’s undeniable that the costs of boat ownership are expensive. Thus, a lot of people opt to get a boat loan to help them financially. A boat loan is a type of installment loan with a scheduled regular payment, which lasts from 2-15 years. Loan terms and interest rates differ depending on the lender, your loan size, income, credit score, and the type of loan you chose.

Secured Boat Loans

A secured loan implies that the cash lent to you comes with a need for collateral. Collateral is something of significant worth that the lender can use to recover the loan’s expense if you fail to pay the installments. Vehicles, homes, and other valuable things are the usual loan collaterals. Furthermore, you can also sign off the boat itself as collateral.

Secured loans provide borrowers with many benefits. First, they commonly have lower interest rates compared to unsecured loans. Lower interest rates are an effect of the lender receiving lower risks because of the collateral. Secured loans are likewise open to borrowers who have a messy financial record. Furthermore, secured boat loans generally have longer reimbursement terms and higher loan cutoffs than unsecured loans.

However, the primary risk is that you’d need to give up your collateral if you fail to pay the installments. Secured loans are ideal for borrowers who need a more significant loan amount, are OK with the risk related to it, and those who don’t qualify for unsecured loans.

Unsecured Boat Loans

An unsecured loan does not need a guarantee. However, that does not mean it comes without risks. Unsecured loans generally have larger interest rates and many additional limitations compared to secured loans. Even the application process is more complicated to make up for the absence of collateral.

Numerous individuals opt to apply for personal loans when searching for the ideal boat financing choices. A personal loan is a type of unsecured loan that can provide preferable rates than traditional funding entities. They commonly have flexible reimbursement terms and competitive interest rates. You can likewise make additional installments or take care of the whole debt early.

To reiterate, in contrast to secured loans, you don’t need to sign off your boat or other valuables as collateral. An unsecured loan is solely dependent on your financial soundness and evident income. After receiving your loan request approval and funding, the lender will transfer the whole sum into your account.

In-house Financing

In contrast to the more specialized terms in the boat financing world, many boat dealers also offer in-house financing. It’s financing that happens “in house.” It generally occurs inside the walls of the dealership, wherein you plan to purchase your boat.

If you’re prudent, you and the dealer can both benefit from this fiscal agreement. You get your dream boat, pay the interest throughout the loan’s course, and the dealer profits from the income. Win-win situation for both parties. Some even closely manage the lender’s application up to closing deals for a quick and hassle-free experience.

In the most ideal situation, you acquire your boat and pay a competitive interest in it throughout the loan period. If you default on the advance, the dealer keeps the money you’ve already paid. In addition to losing cash, they can also repossess the boat based on the terms that you consented to when signing the agreement.

Second Mortgage

You can go for a home equity loan or a second mortgage on the off chance that you decide not to apply for a personal loan. Home equity loans would utilize your house as a guarantee for your boat loan. And because it requires collateral, it is considered a secured loan.

As stated before, interest rates tend to be lower for secured loans compared to unsecured loans. In short, home equity loans can be incredibly risky because the stakes are exceptionally high. If you fail to pay off the loan installment, the lender has the power to seize your house.

Where to Get a Boat Loan

The three most common places you can turn to for a boat loan are online lenders, banks, and credit unions. Usually, the application process is quick, and approval is mainly dependent on your financial assessment and capacity to repay the loan.

When weighing where to get a boat loan, consider the loan lender’s annual percentage rate, which incorporates the interest rate and additional expenses, to compare the costs and installments that are ideal for your budget.

Banks

Banks and other loaning organizations are the standard go-to’s to apply for a boat loan. Inquiring in your local bank for loan options is a smart start. Establishing a positive, pre-settled relation with a bank can be very useful in helping you get faster approval with a decent rate.

Although many boat dealers currently offer financing choices of their own, this isn’t generally the case. Furthermore, any financing that a boat dealer offers should be subject to comparison with rates that different loan lenders offer.

Credit Unions

Credit unions are like banks but are non-revenue driven organizations intended for individuals who share a collective bond. You might be qualified to enter a credit union for numerous factors — maybe it’s for individuals who live in your locale, people who went to or are in the same school, or have likewise served in the military.

Luckily, the majority of credit unions do not have uptight membership prerequisites. Thus, becoming a member to apply for a boat loan won’t be that much of a challenge. However, while credit unions ordinarily offer personalized client support, they don’t generally keep track of the most recent banking tech. As a result, applying for a boat loan online may not be possible.

Online Lenders

Searching for boat loan lenders online can also be another practical technique for boat financing. Some online lenders offer any type of loan that caters to your lifestyle and needs. At the point when other lending organizations can’t provide the terms you need, finding an online loan lender could be the key to owning your boat.

Takeaway

Setting sail on your boat is a precious experience, and your lack of funds should not hinder you from achieving that dream. Apply for a boat loan that you know you can take on financially today and in the days to come. Furthermore, choose a lender you can trust and provide you with the best terms for your lifestyle. With a little effort and consistency, that summer day lounging in your boat will not be far along in the future.

Author’s Bio

Lauren Cordell has worked as a professional content writer for over five years. She is an avid fan of the outdoors and especially loves incorporating her travels in her writings. Lauren usually spends her free time with her family during the summer and drives down to the lake to spend their afternoon on the family boat.

November 26, 2020November 26, 2020

Thankful this Season

Though 2020 packed a lot of punches, we’re still thankful this season for everything we experienced this year. While Scott and I are celebrating this Thanksgiving as a party of two, so are many others. When we owned our large house, we hosted Thanksgiving every year for up to 27 people and even after downsizing, we continued to share the holiday with my family. This year is different, thanks to the covid pandemic.

How can we be thankful this year? Well, considering the shutdown, we still had a fantastic year. Yes, our trip to the BVI’s was cancelled, but we were able to spend time on the water with family and friends all year long. Considering we sold the boat in July, we were very fortunate.

During the shutdown, we were still able to take the boat out and anchor for lunch.

Scott and I used the shutdown to get more projects done on the boat and work on the dinghy. While we may not have been able to visit marinas that were shut down, we were thankful to be able to spend quality time with family and friends on the boat at our marina.

Remember, when the gray whale swam down our fairway?

Making the best of it

Once the restrictions started to lift, we managed to visit a lot of places this past year. Though it was obvious things were different with the pandemic in place. Port Orchard was quiet, Camano was distanced and the crowds were few. My motto is, “you have to work with what you have and make it great”.

When we were in Port Orchard, our favorite restaurant has this sign outside of the restrooms. How ironic, right?

The beauty of the PNW

While we were stuck at home for most of the shut down, we also are thankful that we have such a great place to live with an awesome view.

Our last trip on the boat was a trip to Des Moines with my close friend Jen. We headed down for the day simply to get fuel. Not a bad day on the water.

With family and friends on Camano, there was never a shortage of time at the beach or on the water.

Our annual family photo for July 4th certainly had a different feel this year though.

No shortages of dogs either

Scott and I miss our two goldens, Mac and Maggie, everyday. So when I have the chance to love on one, I never miss a chance. This year, we were so lucky to have so many encounters. My favorite one, was getting a visit from Tiller, who I met a few years ago at our company rendezvous. She reminds me of Mac and I sometimes think he’s come back as Tiller.

The Journey is part of the Fun

Scott and I finally met one of our Instagram followers, Jeff from MV Why Knot, who lives on his 32′ Nordic Tug!

Looking for our next liveaboard, we traveled to Anacortes and were finally able to “getaway” for a weekend.

Wanting something longer, we decided to charter a yacht and cruise the San Juan Islands. It certainly wasn’t the trip we were expecting, but then it wouldn’t be a journey otherwise. Plus, we’re thankful we didn’t sink.

At the end of the day, we can honestly say we’re thankful for how everything turned out for us this year. It could have taken many different turns and we’re truly blessed on how the year unfolded. Take a moment this season to give thanks and appreciate what you have. It could be gone tomorrow.

Happy Thanksgiving to you and your families and thank you for following our journey. Follow us on social at @BoatingJourney and please subscribe to our YouTube channel (see our latest episode below)

Ally & Scott

November 16, 2020November 17, 2020

Tour a 1995 Sea Ray 550 Sedan Bridge

As most of you know, Scott and I are looking for a liveaboard boat, and in this week’s blog, we take a tour of a 1995 Sea Ray 550 Sedan Bridge. Sea Ray has a long history of producing beautiful yachts going back to the 1980’s. Then in 2018, Sea Ray announced that they were no longer going to produce any boat over 35′.

The Sea Ray Sundancer has been an iconic brand among cruisers. With roomy interiors and fast motors, they quickly became the perfect vessel for families and for entertaining. This 1995 Sea Ray has all of the original features, so it was fun to go back in time and check it out.

Classic design of the 550 Sedan Bridge

Though this motor yacht is 25 years old, it still has a classic design. The exterior is sleek and is in great shape.

The cockpit has plenty of seating and comes with seat covers that look practically brand new. Enter the salon through the large sliding glass door (a feature we love). On our Bayliner 4087, we had to go down a set of stairs to get into the salon and we like this setup much better.

1995 Upgrades

The first thing you will notice when you enter the salon on this 550 Sedan Bridge, is the dining room table. This is actually a plexi-glass table and chairs, which was an upgrade option in the day.

We love the comfy couch and all of the extra room you have to entertain in the salon. The bar stools are original and fit perfectly!

The galley has all of the original equipment, including a built-in coffee maker, icemaker, microwave, liquor cabinet and stovetop. Considering when this was built, the backsplash is still very up to date!

If you love old movies, you’re in luck! This yacht also comes with a VHS & DVD player. Just like our Bayliner, this yacht offers a lower helm, which we never used.

Living Quarters

All of the sleeping berths are down in the forward section of the yacht. The master stateroom is in the V berth, which offers a queen size bed. Plus it comes with a fun quirky rug!

It had plenty of storage for clothes, plus a make-up vanity. I suppose you could use it as a desk, but you would be staring at yourself all of the time!

The master head was nice and roomy, with a separate shower and a vacuflush toilet.

But wait! There’s more!

There are also two more staterooms off of the hallway. One has bunkbeds and the other has a day bed with a vanity. Again, you could use that as an office possibly. The bunkbed stateroom, is where the washer/dry combo is located. Both staterooms share a fairly large head, which has a separate shower (a big plus for us!)

Plus the day bed stateroom also came with a built-in tv.

The Fly Bridge & Engine Room on the 550 Sedan Bridge

One thing that does give me pause on this boat is the stairs up to the bridge. A deal breaker for me, is any sort of ladder. But once you get up there, it’s awesome! There’s lots of seating for entertaining, plus built-in cup holders and a mini fridge.

The helm has B & G with Raymarine electronics and has great visibility for docking and cruising.

The engine room was pretty roomy with access from the cockpit. This Sea Ray comes with twin Caterpillar 3406 diesel engines that have less than 1500 hours. Diesel engines typically are good up to 5000 hours, so this boat has a long life left in it.

So did we make an offer?

This 1995 Sea Ray 550 Sedan Bridge is a great boat, but for us to consider it as a liveaboard, we would need to give it a cosmetic facelift. Unfortunately, we’re not looking for a fixer upper, as we want something that is turnkey. But it does have everything we are looking for (except a walk around bed too).

If you are looking for a great cruising boat for the PNW, this is a fantastic yacht and it’s ready! This boat was actually in the Tri-Cities and the owner cruised it down the Columbia River to the Pacific Ocean, up around Neah Bay and to Lake Union! That’s pretty impressive!

If you would like to check this boat out, please visit Union Marine at Lake Union in Seattle!

As always, thank you for following our journey! Please be sure to subscribe to our blog and YouTube channel (link at the end of this blog). You can follow us on social media @BoatingJourney.

Next week, we’ll take you on a tour of a 2005 Sea Ray 550 Sedan Bridge. This will be a fun comparison of the 1995! Stay tuned! You can view the boat (until it’s sold) here: www.unionmarine.com . Check out our YouTube episode below.