Buying a boat can be the best investment you make if you are looking to create cherished memories that will last a lifetime. One of the biggest hurdles for many is they get in too deep at the beginning, and then all their dreams are pretty much “sunk”.
1. Instead of paying top dollar for a new boat, with a used boat you can negotiate a deal and wind up saving thousands of dollars on a boat that may only have been in the water a few days or a couple hours.
2. If the boat is still fairly new, you may be able to take advantage of the warranty that was in place when the original owner boat it new. Be sure to inquire with the owner and see if that warranty is transferable, it can be a huge bonus to buying a used boat.
3. One of the reasons more people are going used is because you can score a trailer for the boat as part of the deal, meaning you don’t have to fork out any more money to the dealer to be able to get your boat home. That trailer can be worth several thousand dollars that you just saved.
4. Depending how long the previous owner had the boat, you may be on the receiving end of some pretty sweet bonuses. The owner may have purchased an engine upgrade when they first boat the boat, had a new stereo system installed, or upgraded the cabin with all the latest amenities.
5. The seller may have bought a ton of safety equipment they no longer have use for. If you can get all those life jackets and other safety gear included in the sale, you just saved even more cash that you would have had to lay out once the boat was ready to hit the water.
6. Perhaps the owner no longer needs all the fishing gear or water craft toys any more and is willing to toss them in with the price of their used boat.
These are just a few of the benefits to buying a used boat as opposed to new. The good news is that if you really fall in love with this lifestyle, you can trade up or sell and then buy the new boat when you know you can afford it.