Should I Buy a New or Used Boat?

 


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There are positives and negatives to buying both new and used boats, much in the same way as cars. You should look at new boats first, even though you can find hundreds of used boats.

New boats

By purchasing a new boat, you will know everything about the history of the boat and the motor. You also have a warranty if something on the boat goes wrong, which can save you money if you have a problem. You also don't have to worry about having to restore your boat, like you do with some used boats, which means that you can get into the water immediately.

In financing a new boat, you will get a much better interest rate than you would if you chose a used boat. You will also get a much better idea of what kind of boat that you want for your family when you go to a new boat showroom. Just as it does when you buy a car, a new boat will depreciate the most during the first season of use, so keep that in mind.

Used boats

If you have a tight budget or are unsure about what you are going to do with the boat, then you may want to choose a used boat. It is a good idea to at least look at new boats first, even if you are planning on buying a used boat, so that you can determine what kind of boat is best for your family.

If you want to look at the different boats that are available, you may want to consider going to a boat show. You can look at the boats at the show and then narrow down your list to the type of used boat that you prefer.

You want to make sure that you get a marine survey for any used boat that you are considering purchasing whether you are buying a boat online, from the newspaper, or from a local boat dealership. It may be expensive, but it will be worth the money spent in the long run.

In some cases, used boats may have mechanical problems or structural defects that are hard to detect. A marine survey works much in the same way as a home inspection works. The surveyor will go over every part of the boat to see if there are any problems with any of the operating systems or the structure of the boat.

Depending upon the results of the survey, you can stop the deal or use the results to get a lower price if there are problems that need to be attended to. Getting a marine survey is the smart decision if you are buying a used boat. It can save you money, time, and heartache, which will make the price of the survey well worth it.

Summary:

There are positives and negatives to buying both new and used boats, much in the same way as cars. You should look at new boats first, even though you can find hundreds of used boats.

Andrew McNaught is a successful webmaster and publisher of Boat Buying Tips where you can find out more to help you with your boat search.

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