To Buy a New or Used Boat?

The majority of boats sold in the U.S. each year aredealership of the brand of boat in which you are
pre-owned boats. In fact, it is estimated that usedinterested to check out their inventory or new and
boat sales dollars are more than 4 times those ofused boats. From there, it will pay to check out
new boat sales. The average boat owner that buysnewspaper ads (Sunday editions seem to be more
a new boat will keep his/her boat for only 3.4 yearscomplete), and the local edition of "Boat Trader"
before selling it. (It's been suggested that boatmagazine as well as their online version called
owners come down with a rare disease called 'footBoattrader Online - One nice feature of the online
and foot' disease. When you have that malady, yousearch tool is the ability to specify a brand, year, and
must buy a boat that is a foot longer or a foot wideror price category and then narrow the search to
to cure the disease and, therefore, it can be anboats in you part of the country.
expensive illness to cure!) In any event, there areThere are lots of considerations in shopping for a
always many quite good used boats in the market, ifpre-owned boat. Mechanically, you need to ensure
you know how to seek them out and to evaluatethat the boat has been maintained and not abused.
them.You can evaluate the number of hours on the engine
In selecting a pre-owned boat, it is very helpful if youif it has an hourmeter. The average boat is only run
are familiar with the various boat brands and theirabout 60 hours per year of service. An engine with
respective reputations for quality, length of time inmore than 350-400 hours can be expected to require
business, and market share. If you know, forsome repair expense in the next year or two. It
example, that boat is manufactured by a tried andwould pay to have the engine looked at by a
proven boat builder who has a reputation for quality,qualified technician to get a professional opinion on
you will have fewer worries than if the manufacturerthe engine and it may be worthwhile to pay for a
has only been in existence for a year or two!compression check and hookup to a diagnostic
Naturally, better made boats are going to hold theircomputer. Most of today's engines employ an
price somewhat better than lesser known boats. YouElectronic Control Module (ECM) computer which
should also be aware of the various engines, whetherkeeps track of many metrics on an engine. For
inboard/outboard, straight inboard, or outboard asexample, by hooking up a diagnostic tool to the ECM,
well as their respective drive units. If there is aa technician can learn the actual engine hours, RPM's
certain drive or engine that is known for problems, itthat it has been run at, any electrical, fuel, or
would probably be good to avoid. If you are themechanical problems that the engine is having. All of
least bit unsure of this, it will pay to do your researchthis is quite good to know and can usually be had for
or make contact with a knowledgeable friend in theless and $100. That may be a fee well spent.
industry.It is always a good idea to test drive any boat you
Of course, there are certain advantages to buying aare considering before you purchase it, whether it is
new boat versus a pre-owned boat. New boats andnew or used. All boats tend to look seaworthy when
engines always come with a manufacturer's warrantysitting on a trailer or boat rack, and you can only
so that you can be certain of your maintenance andreally tell about the adequacy for the engine's power
repair costs for some period of time, at least.by driving under a load.
Financing is generally easier on a new boat and theYou also need to observe the upholstery and canvas
length of the financing period is usually longer on afor rips, tears, and worn areas. If the boat is more
new boat. Down payments are smaller orthan a couple of years old and has a wooden floor
non-existent on many new boats. Of course, havingunder carpet, be sure to check for soft spots that
that brand new feel and smell and knowing that youmay indicate rotting. They should resist the probe of
are the only family to use it - also has considerablean ice pick; if they don't, there likely is a problem. The
appeal. That appeal can be expensive, however!fiberglass gelcoat surface should be free from 'dock
Boats depreciate more than 20% in their first year,rash'. A few minor scrapes may be acceptable, but if
on average. Many times, if you can find a year oldthey are deep enough to go through the colored
boat in good condition, it may likely be just like a newgelcoat, they may require some expensive fiberglass
one and at a much better price. Also, you may find arepair. Be sure to inspect the boat thoroughly.
dealer with prior year models in inventory that can beWith a little homework, the decision about whether
bought at a discount and still have the new boatto buy a new or a pre-owned boat will be easier and,
warranty, etc. It really pays to shop and to keepin any event, you will be more confident in making
your options open.your purchase! Have a great voyage!
Your search for a used boat should begin at the