Correct Craft and Motorcycle, Too Much?

I don't think there is a right or wrong answer.

Keep in mind, much of the "advice" here is coming from guys in their 40s, 50s and 60s. They are at a different stage in life than you. For many, their kids are grown, they own their houses outright, some are even retired already. That's a lot different position than a young man just starting out, and struggling just to save for his first boat.

When I was young, my Dad used to tell me "Brian, buy all your toys now. When you get married and have kids, you'll spend years buying sh-- that you don't want and you don't need." There was a certain wisdom in that, and sometimes I wish I had listened to him. On the other hand, Dad never had a buck he didn't spend, and in his later life really suffered financially.

I have a brother 14 years younger who owns both a Harley and a boat. He doesn't use either enough. I find myself encouraging him to sell the Harley. He could use the money for other things, not the least of which is to pay off debt. The boat is something he can do with his young family. The motorcycle he cannot. At this point, I think maybe he likes the idea that he owns a Harley more than he does actually driving it.

I'm not an anti-motorcycle guy. I've owned them myself, and may own one again some time. But, if it were me, I'd far rather have a boat than a motorcycle.

BKH

Then Steve your looking for one like this-
These things are getting crazy expensive

I am a motorcycle guy. 24 hrs a day.

That being said, when I bought my boat, I got rid of the Harley.In a selfish way, I kind of wish I still had it. In reality, if I did it would still be sitting in the garage unused while I was enjoying my boat with the family. I still have an on/off road bike that I rarely ever ride as well.
I didn't need to sell it to buy the boat, much like yourself. In the end though, it eased the financial burden of buying a boat & having an extra $20k toy that I knew would just sit in the garage.
I guess you just gotta weigh the situation as it fits your finances and lifestyle. I will say that life is short and if you can "justify both"without any excess burden then I certainly wouldn't feel guilty about it.
FWIW, don't base your decision on "losing your shirt" if you sell the bike. That money is already gone and it isn't ever coming back. That's a price that sometimes has to be paid for enjoying yourself.

Mike

I've got a list of "Summer Toys"
Ski Nautique 2001
2000 Triumph TT600
72 Chevy C10 (still in middle of resto)
Yamaha Raptor 660 (to play in the dirt)
Honda Foreman 500 (more winter fall than summer)

I usually make time for all of them, but the one on the back burner now is the Raptor.

C-Bass wrote: Finance 101...don't get a loan on a depreciating asset.

peter1234 wrote: i have a line on a kawi 500 two stroke h1? or 2 i forget which was which   it has been in a barn for 25+

   If the price is right and it's all there, I'd go get that one for sure. In the meantime, I wouldn't tell any bike enthusiasts where it is . Those things are getting to be rarer than hen's teeth.

   Mike

   I just had an epiphany(sic).You indeed should get rid of the bike.....and buy a snowmobile.You need more WINTER toys

    Mike