Is It Better To Buy New Or Used Boat?

Where is the best place to buy a used boat?

Craigslist, Kijiji and magazine classifieds Without a doubt, the best place to buy used boats online is in the wilds of Kijiji, Craigslist, and the classifieds.

We have found many boats for sale on Craigslist that never appeared anywhere else online, but there are a few secrets to scoping out the very best deals..

What is the best website to buy used boats?

Buying a Boat Onlineboats.com.Boat Trader.YachtWorld.BoatTEST.com.

What is the cheapest boat to buy?

From smaller boats with basic features to surprisingly affordable fishing boats with onboard technology and other perks, here are ten great boats under $20,000.Sun Tracker Bass Buggy 16 DLX. … Sea-Doo FISH PRO. … Bayliner Element E16. … Bayliner 160 Bowrider. … Tracker Pro Team 175 TXW. … Tahoe T16. … Carolina Skiff 13 JV SS.More items…

What is too many hours on a boat?

The main limiting factor regarding high hours, is: how many hours is the engine realistically good for? Much like high performance cars, some boat engines are not designed to last forever. If a boat is 10-15 years old, 200-300 hours is most likely not enough, and you’d want to see that number closer to 500 or more.

Why is owning a boat so expensive?

There is no getting away from the fact that boats are expensive – both to buy and to maintain. … Many factors influence the cost of owning a boat. It begins with the purchase cost, whether new or used, and continues on to the upkeep, where maintenance, birthing or storage fees, fuel, and insurance can add up.

Is 30 mph fast for a boat?

The trusty, stable pontoon boat can travel a good deal faster than many people think. Pontoon boat speeds can surpass 30 MPH under the right conditions, with a few pontoon boats even reaching the 35 MPH mark thanks to larger engines and great conditions.

Do boats keep their value?

Clearly if a new boat is purchased and sold soon afterwards it will depreciate substantially. … An older boat kept in very good condition may well hold its value or only depreciate by 10-15%. Age is not a huge factor in a boats value it is the history and condition that matter.

What is the best time to buy a used boat?

FALL. Many people will argue that the fall is the best time for buying a boat. This is because most of the manufacturers start offering discounts around September and October. When demand begins to decline, dealers often provide incentives for buyers in the form of discounts and deep cuts in pricing.

Is it smart to buy a used boat?

While you can certainly find expensive used boats, if you want a reasonable vessel that fits within a tight budget, you will likely choose a used option. Not only is the price lower, but like a used car, much of the value depreciation has already happened, so a used boat will hold its value better as well.

Can you negotiate price on a new boat?

These builders generally don’t negotiate on price. If you want to negotiate, the builder will direct you, the buyer, back to the dealer. Regardless, it’s often best to buy through a dealer, as buyers are better serviced, and there’s usually no price benefit from buying direct.

Is 400 hours on a boat a lot?

While higher hours typically won’t impact the performance or reliability of a boat in a negative way, it will have an impact on the value of a boat, especially if a boat has “high hours” for the year. 400 hours won’t harm the resale value on a 2010 boat, but if a boat is a 2018 that is a different story.

What should you not waste money on?

Here are 19 such things that we should all stop wasting money on.Bank fees (and rubbish rates) … Bottled water. … Books. … The Lottery. … Excess food. … A pedigree pet. … Credit card interest. … Anything in an airport.More items…

Is buying a boat a good idea?

Having a boat can be a great investment for you. … However, if you don’t live as close to the water, you may not be able to use the boat as often. If you don’t have enough free time to properly enjoy your boat, you should definitely think about renting a boat instead of buying one if that’s the case.

What is the best brand of used boat to buy?

Best Boat BrandsBertram. … Boston Whaler. … Chaparral. … Grady-White. … Lund. … MasterCraft. … Sea Ray. … Tracker.More items…•

How much should I pay for a new boat?

Your Choice of Boat The average price for a brand new pontoon boat is around $35,000. That’s for the popular 22-foot pontoon boat size that can be seen on lakes and rivers all around America. You can find smaller pontoon boats for less than $20,000 and you could easily spend more than $50,000 as well.

What is the best boat to buy for a beginner?

Best Boats for Beginners – Getting Your Feet WetBowrider Boats. Bowrider boats are popular lake and inshore boats that can range in size from 18-feet to 40-plus feet and can accommodate 6 to 12 or more passengers. … Fish and Ski Boats. … Pontoon and Tritoon Boats.

Why are boats so unreliable?

Many boat engines are “unreliable” because they are not taken care of correctly. While some boat engines are less reliable than others, there are common engine issues that appear from overuse, ill-maintenance, or low-quality materials.

Does Kelley Blue Book value boats?

Kelley Blue Book boat value is determined based on the year of manufacturing, the model and the make of the boat. Present working condition of the used boat is also considered by the Blue Book. A host of other factors, like the mileage, is also put into consideration.

Is buying a boat a waste of money?

Boats are a good investment if you don’t overshoot your budget. If you research your options and go for a vessel that you can afford, nothing trumps the joy of spending time on the water. However, a boat can definitely also be a bad investment. A rule of thumb is to only buy a boat you can afford to pay for in cash.

What should you look for when buying a used boat?

Check the transom area around the motor and look for cracks or signs of stress. Tilt the motor up and shake the lower unit to check for movement in the transom or in any existing cracks. These could be signs of a bad transom and very expensive repairs. Get into the boat and walk around.

How old of a boat should I buy?

Our experience indicates that boats in the 2-4 year old range usually offer the best prospects. Of course, boats that are only one year old are hard to find since not many people sell at that age.