Don’t let the thrill and excitement of getting in your very own boat cloud your judgement when it comes to getting the perfect craft for you. Too many people each year blindly purchase their first boat, then count the minutes until they can unload it to the first person who is interested. Don’t become another statistic, so, before you rush out to that next boat sale, here is a checklist for helping you with your boat buying decision.
1. Always attend some boat shows before making your buying decision. This is your chance to speak with people in that industry who can answer all your questions and concerns, helping you to better choose the right boat for your needs.
2. Spend as much time out on the water that you can before you buy a boat. This is a very unique lifestyle that appeals to many until they submerge themselves in it. Get out on a boat each week and see how you really feel about everything related to this lifestyle.
3. Grab a pencil and paper and start jotting down all the expenses related to owning a boat. besides the ticket price of your boat, consider the insurance, maintenance, repairs, accessories, safety equipment, safety training, storage, new trailer, repairs, fuel, permits, and more.
4. Decide now if you will be buying a trailer and hauling the boat in and out of the water each time you want to go play, or if you will be paying to keep your boat at the local marina. Be sure the marina has space and look at all the cost involved with storing it on their property.
5. Learn how to be a good negotiator by shopping around and seeing what your particular boat is selling for before you give anyone their asking price. The selling prince is often miles away from asking price, so save some money upfront by becoming a better negotiator.
6. This is never to be considered an impulse buy because you will lose a small fortune by the time you realize you want out! If you can not stop yourself, then at least buy the smallest boat possible. It will be easier to sell if you have buyers remorse tomorrow.
7. Consider buying a used boat. Many times the seller has invested several thousand in accessories like a trailer, fishing gear, and engine upgrades. Every piece you can get included in the price just saves you money down the road having to take it out of your own pocket.
Make sure you use this checklist for successfully buying your first boat, it will save you money and headaches in the end.