Advice on buying a new or used boat (I)

by Kristy Bateman

Buying a new boat: Are you planning on purchasing a new boat? Whether you are a first time boat owner, or have been navigating the waters for decades, there are a few steps you should take. As exciting as it is; buying a new boat is not something that you should just jump into. You need to decide which boat is right for you and your needs. Take into consideration what you will be using the boat for, who will be going with you, and where you will be taking your boat. You can find this information buy reading articles about different types of boats, researching boating websites, and looking through boat review magazines.

Boat shows are an excellent way to learn about boat styles, sizes, engines and equipment. Reading opinions and experiences that other people have with boats may sway your decision or give you ideas. What size should I get? Deciding what size boat you need is important. You do not want to get a boat that is too small for the intended use, or one that is too big for just taking you fishing. Bigger boats will usually have more amenities such as cabins, toilets, and galleys. However, this means that there are more systems that need to be understood and maintained. Some boats are too big to be trailered, which leads to transportation issues. They will also take more gas to operate.

New or Used? Decide whether you want a boat that has never hit the water or one that has had a little experience. Buying both new and used boats has its pros and cons, like anything else. Whether you are buying new or used; shop around before making your big purchase. If you buy a new boat, you know that it does not already have problems or repairs that need to be made. If anything goes wrong with the boat once you own it, it is under warranty. Buying new also allows you to custom order according to your specific needs and wants. There are financing options when buying a new boat, which allows for better interest rates and deals. If you buy new, make sure that you address any problems that come up while the warranty is still in effect. If it is a seasoned boat that you are looking for; than buying used is your best option. Used boats are good for boaters who are not sure what they want to do on the boat. If you are on a budget, buying used in less expensive than new.

You may not find exactly what you want in a used boat, which leads to added expenses to customize later. Before buying your used boat, get a marine survey and have the boat inspected. This will check for structural damage or mechanical problems that the owner failed to mention, or may not have known about. They will also be able to detect whether the boat will need repair in the near future. With this information you can make an educated decision on whether buying used will really save you more money. Make sure that the dealer you are buying your boat from is reputable. Checking around and asking advice will only help you in the long run. It is very important to check the dealer/seller for proof of ownership. You do not want to buy a boat that is stolen. If you feel as though you need help researching and purchasing your boat, you may want to hire a yacht broker. They will help you determine which boat is best for you, negotiate deals and arrange financing.