New vs Used Boat: Which One Should You Buy?

Photo by Willian Justen de Vasconcellos

There’s nothing better than spending time on the water. Whether you prefer to ski, fish, cruise around the lake, or simply lounge in the sun, boats are a great way to enjoy the great outdoors.

Buying a boat is a big decision. After all, a watercraft is typically an expensive purchase. That’s why you need to consider whether a new or used boat is right for you.

There are advantages and disadvantages to both. The key is understanding what you need and what you’re willing to pay.

This article takes a look at what you should know about before investing in a boat. Keep reading to find out the important details.

New vs Used

Choosing the size and style of boat you want is only part of the decision. Let’s take a closer look at some of the benefits and drawbacks of each.

The Benefits of Buying a New Boat

First and foremost, new stuff is fun. Owning a new boat is no different. There’s something super cool about being the first owner of a water vessel.

Next, every part of a new boat is fresh from the factory, thus everything is still in showroom condition. Plus it will come with a full manufacturer’s warranty.

Buying new also enables you to pick exactly the model you want, complete with every feature you’ve ever dreamed of owning.

The Drawbacks of Buying a New Boat

The biggest drawback is price. After all, new boats are more expensive than a used version of the identical model. Plus, a new boat will typically drop in value the moment you haul away from the dealership.

The Benefits of Buying a Pre-Owned Boat

Again, the price is a huge advantage. When you buy a pre-owned boat, you get to enjoy the benefit of letting the original owner take the big hit. It will also be broken it, so the motor and controls likely won’t be as stiff as when it was brand new. You also don’t have to worry about getting stressed out about adding the first scratch or ding to the paint.

Here is a great resource where you can learn more about proper boat maintenance.

The Drawbacks of Buying a Pre-Owned Boat

As with anything purchased used, there are no guarantees. Thus if the boat has a mechanical issue or problem with the wiring, etc., you likely won’t discover it until you’ve taken it home or put it in the water a few times.

Also, there’s the simple reality of the knowledge that the boat is used. This ultimately isn’t a big deal, and yet it’s something that might stick in the back on your mind.

Choosing the Right Boat For You

Choosing between new or used is ultimately a personal decision. Take a look at your budget, decide what you can afford and what you’re willing to spend, then look at the boats within your price range.

A Guide for Buying a New vs Used Boat

Getting a boat is a major investment. That’s why choosing between new vs used boat is such an important decision. Fortunately, the information contained here can make the decision a bit less stressful.

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