Buying a Boat

Guide To Buying A Boat: Tips For A First Time Buyer

There are plenty of options when you consider buying a boat. You can either go for a brand new vessel or a used one. Buying your own boat is an investment so it’s a smart move to do your homework thoroughly so you’ll have a vessel that you can keep for a long time. Here are some tips to help you find the right boat.

Narrow down your choices

Ask yourself why you need to have a boat. You will also consider the number of people that will go boating with you and how often you’ll be taking out the vessel to the waters. The main purpose of having a boat and the amount you’re willing to spend for it will help you narrow down your choices.

New vs Used

There are upsides and downsides to owning a new and used boat. Choosing one over the other is based on personal preference but it should be noted that both can become great vessels.

Source: Sunseeker

Type of boat

There are different types of boats based on their purpose. There’s one that goes best for freshwater use and one that’s perfect for saltwater sailing. Each type has different features so it’s best to be familiar with all of them to help you decide.

Find a reputable dealer

When you now have the list of boats you think you want, then it’s time for you to shop. Find a reputable dealer that can help you out. Ask the right questions so you can compare boats on your list. You might not know yet the exact boat you need but you do know what you need in a boat. A dealer can help so don’t hesitate to ask away.

Make negotiations

You can talk to your dealer about different financing options. Some dealers might just be willing to drop the price for you or even add some extras into the boat buying deal if you will finance through them.

Test Drive

When bringing a boat out for a test drive, shut down the engine and allow yourself to feel the boat while it’s at rest. Commonly, sea trials involve leaving the marina, driving the boat around and then heading back to the dock. Rarely will a test drive let you feel the boat bobbing around while at rest in the water.

Document Your Search

If you have to, keep a spreadsheet where you can log all the features, the make, the model, and the observations you have for each boat you have on your list. There will always be the boat that’s perfect for you. If it’s for family use, let the members have a say on the boat, whether it’s something positive or negative. By documenting your search, you should be able to rank your choices.

How soon can I find the perfect boat?

There’s no way of telling how long it will take for you to finally find the boat that you really need. Some will only need an afternoon while others may wait for years before making a decision. The only right time for you to seal the deal is when you know you are ready.

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