Dave S wrote:

Hah! You obviously haven't spent much time around an upscale marina.

I think he was referring to Boats in the sense of them being an
alternative "Money Pit". The joke is down here in Houston (with the
largest recreational boat fleet in the US on Clear Lake) that you can
save lots of time by just going out to the peir and dumping your money
in the water by the bucket.. instead of actually spending it on your
boat.... Kinda like airplanes... now that your think of it.

Actually I think he meant that there are lots of old boats still in use,
built by companies no longer in business. Lack of factory support hasn't
sunk them...