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New Or Used Boat?

Jan 25, 2017
New Or Used Boat?

Similar to cars, there are a few pros and a few cons to both new and used boats. Even though there are hundreds of used boats available, you should at least look at the newer ones first.

New boats

With new boats, you'll know each and every piece of history with the boat and the motor. If something happens to go wrong, you'll have a warranty to fall back on, so you don't have to focus on restoring or repairing your new boat. This way, you can get out in the water immediately. When you finance a new boat, you can usually get a much better interest rate as well. By shopping new you'll also get a better idea as to which type of boat is best for you and your family. Just like a car, the depreciation value is the highest in the first season of use.  

Used boats

Used boats can be a great option, especially for those who don't know what they want to do with the boat, or those with tight budgets. Even though you may be planning to buy a new boat, it's always a good idea to shop new ones first.

Attending boat shows are a great way to see the boats that are out there, helping you to get an idea of what you want. You can look at the many used boats that are there, then narrow your list down as to what type of used boat you prefer.

Whether you plan to shop for your used boat online, through the newspaper, or by visiting one of the local boat dealerships, make sure you get a marine survey of the boat before you make the purchase. A marine survey will cost a bit, but it's money well spent.

Often, structural defects or mechanical problems with used boats that weren't cared for properly will be quite difficult to detect. A marine survey is similar to a home inspection, as the surveyor will inspect every inch of the boat, from the engine to the electrical system and the hull to the steering wheel.

Depending on the results you receive, you can use the results to get a lower price, or just stop the deal altogether if the results are that bad. The marine survey is the smartest way to buy a used boat, as it can save you a lot of time, headache, and even money, which makes it well worth it.


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