3 Factors to Consider When Buying a Boat


In the United States, we love our boats. According to the National Marine Manufacturer’s Association (NMMA), new powerboat retail unit sales surpassed 300,000 units for the second consecutive year, closing 2021 at an estimated 4% to 6% below record highs in 2020 and 7% above the five-year sales average.

If you are in the market for a new boat this season, there are some important questions you will need to answer. 

What is the boat for?

When you purchase a boat, you’ll need to be clear on why you are buying it. For example, is there a particular activity you are purchasing the watercraft for, such as fishing, skiing, long cruises, etc.? From there, you’ll need to know if you are buying the boat to be on a specific type of water.

Are you prepared for the cost?

When purchasing a boat, many factors will determine the cost of the craft itself, including size, speed, and features. For example, center console fishing boats can typically be more expensive than other types of boats, such as pontoon boats or deck boats. 

But there are other costs you will need to consider above and beyond the cost of the boat itself. Some of these costs include what it will take to store the boat and maintain it. In addition, the cost of gas continues to rise, which is currently making getting your boat on the water more expensive. 

Where are purchasing a boat? 

It’s important to know that you’re buying it from a reputable seller. That means you need to do your research and you should shop around. When you know what questions to ask, you’ll be better prepared to get the best boat for your money.


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