Buying a boat?
The Helm

Buying a boat?

27 Jan 2018

So you are ready to buy a boat, but there are a couple of questions you need answered first.

  1. Do you buy a new or used boat?
  2. How many engines, brand, HP?
  3. How does insurance vary per type of boat?
  4. What style of boat do you want? (Diving-Fishing-Cruising)
  5. Are kids a consideration?
  6. Will you be out on rough water or mostly flat?
  7. Do you plan on going to the islands and if so will you stay on the boat or at a local hotel?
  8. Should you have a toilet on board?

    The first question on the list “Do you buy a new or used boat?” seems to be the most popular. It is also the core to the rest of the questions. How many engines, brand, HP will be in next weeks follow up post.

    REASONS TO PURCHASE A NEW BOAT

    • Shiny
    • Warranty
    • Avoid unnecessary drilled holes
    • The boat was kept inside therefore no risk of unforeseen rotting
    • Color you want
    • No worry about lack of maintenance
    • Banks like new
    • Not mechanically inclined? You will be covered.
    • Newest technology
    • No Need to wonder why this boat is for saleREASONS TO PURCHASE A USED BOAT
    • Price
    • Someone else has taken the hit on depreciation.
    • Any initial problems have been taken care of.
    • You don’t overspend with upgrades.
    • No pressure.
    • You can find unique discontinued boats.
    • A used boat has usually been around for a while therefore feedback on performance is readily available?
    • Easier to find used true classic styling.
    • More inclined to add your own personal touch to a used boat.
    • No high like finding that amazing deal!

      PURCHASING A USED BOAT

    • Broker- Buys or sells new or used boats
    • ABYC- The American Boat and Yacht Council- safety standard-
    • http://abycinc.org/mpage/boaters
    • Check the price –http://nadaguides.com/boats
    • See if it’s been in any accidents – Boat Alert Report – Click Here!

      PURCHASING A NEW BOAT

    • Broker – Buys or sells used or new boats
    • Dealer – Usually sells a particular brand
    • Boat Show
    • ABYC safety standard – “>http://abycinc.org/mpage/boaters

      TOP 100 DEALERS

    • http://blog.boattrader.com/2017/12/boating-industrys-top-100-dealers.html

      CERTIFIED BROKERS

    • Marine Retailers Association – http://www.mraa.com/
    • Certified Professional Yacht Brokers – http://www.cpyb.net/aws/CPYB/pt/sp/home_page

      APPS

    • Offerup
    • Boatingbay
    • Letgo

      WEBSITES

    • Boat Trader
    • Yacht World
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