Pros and Cons of Buying a New Boat
Buying and Selling Cars

The Pros and Cons of Buying a New Boat

Have you ever heard of “Blue Mind” science? According to researchers, being out on the water can lower stress and anxiety, increase an overall sense of happiness, and lower our heart rates. 

Those are three reasons to become a boat owner. But, before you get out on the big blue sea, it’s important to consider if you want a new boat or a pre-owned one. Let’s take a look at the benefits of each. 

The Pros of a New Boat

Believe it or not, both of these categories are fairly balanced. Still, let’s start with the good news first. 

The Warranty

Most new boats come with extensive warranties. But, not every manufacturer offers the same warranty. Don’t be bashful about finding out what’s covered. 

You can also extend certain warranties if, for example, you’d like the engine to be covered for a longer period of time. 

The Equipment

When buying a boat, you get to decide what type of equipment you want. When it’s new, you won’t have to pay for extra equipment you know you’ll never use. 

Also, since it’s new, you won’t have to upgrade much of the equipment for quite some time. 

The Financing

Something not everybody knows is that you can often secure better finance rates on new boats. 

The further you go back in time, the higher the finance rate. Some lenders won’t even offer a loan on a boat that’s 20 years or older. 

The Cons of a New Boat

There are a few added things to keep in mind when purchasing a used vessel.

For example, you might want a marine surveyor to inspect it. has a lot of helpful tips to help you make the right purchase.  

But, let’s take a look at some of the cons, or items you need to pay special attention to. 

The Price Tag

You know how, when you drive a car off the dealership’s lot, it’s already depreciated? The same thing goes for boats and recreational vehicles. 

If you’re looking for a brand new boat, you’ll have to pay for it. Meanwhile, there are so many boat options for gently used vessels.

It’s possible someone may not have had much time to do any damage to the boat. But, simply because it’s pre-owned, it’s likely to come with a better price tag. 

The Bugs

If someone else has already stretched the boat’s legs, then any initial bugs in the motor or equipment may have already been worked out. 

To ensure that’s correct, it’s still worth your while to hire a marine surveyor to look things over before you sign on the dotted line. 

Set Sail Today

And there you have it! There are considerable pros and cons to either side of the coin. 

With a new boat, you get to call all the shots, choose your equipment, and feel secure with a solid warranty. 

However, with a used boat, you can walk away with less of a hole in your pocket. 

As you continue to craft your best life, keep coming back to visit our blog. It’s always being updated with your happiness in mind.