5 Advantages of Buying a Used Boat
Many boaters dream of owning a brand-new, sleek boat that has never touched the water. However, it’s important to understand the many advantages that come with buying a used vessel. While new boats can be tempting, buying a used boat with some modern upgrades can be a more cost-effective option.
In this blog post, we’ll explore why buying a used boat benefits you as an owner and why it might even be an ideal choice. Keep reading to learn the five advantages of buying a used boat.
The idea of a brand-new boat is hard to resist, but you might get better with a used boat.
A lower cost.
A used boat typically costs less than a new one, and it’s another reason to consider this option.
With a used boat, you can negotiate the price with the seller and get a better deal. Since boats hold some value, you can still expect to save a good percentage off the original price of the boat, which could be worth thousands of dollars. You can put those savings towards any repairs the boat might need and the maintenance costs of owning a boat.
PRO TIP: Use our boat loan calculator to determine the monthly payment of your used boat and compare it to the cost of a brand-new model.
Upgrades galore.
Buying a used boat is a smart choice because it generally comes with upgrades already installed, which can save you money and time.
When buying a used boat, the previous owner might have added upgraded electronics, a larger engine, or other features that would have made the boat more expensive if you got them through a manufacturer when buying new. Buying used allows you to get all these upgrades at a lower price point.
Get a proven model.
When you buy a new boat model, it’s difficult to know how the boat will perform, how reliable the engine is, and how it will handle in different weather conditions.
With a used boat, you can do your research and read reviews and specifications from other owners who have used the same boat model, giving you a better idea of what to expect. This is an excellent way to avoid the disappointing surprises that usually come with buying new.
The important part of owning your own boat isn’t that it’s new or used – it’s about the memories made!
Avoid depreciation.
When you buy a new boat, the moment you take it out on the water, it depreciates.
When you buy a used boat that is two or three years old, the boat has already taken a significant hit in depreciation, which means the resale value will not drop that quickly.
Exceptional value.
When buying a used boat, you’re getting more value for your money.
With all the upgrades, improved features, and additions included, you get a value that could surpass a new boat for the same amount. And if you negotiate a great price, you could end up with an even better value than you would with a new boat.
If you are considering buying a pre-owned boat, check out these Boats for Sale dealers that specialize in quality preowned inventory:
While many people are attracted to the idea of buying a new boat, buying a used boat is a decision that every shopper should consider. With all the advantages of used boats, such as upgrades, lower cost, proven model, and depreciation, you’ll enjoy cost savings and peace of mind. Ultimately, buying a used boat provides more value for your money and is a wise investment in your boating experience.
The boat market is really hot right now, and there are plenty of boats being listed in our marketplace every day. Having your cash or financing ready to go and giving your best offer as soon as you’re sure you want to buy a boat, will put you in the best position to achieve Instant Boatification.™