Tips for Buying a Used Boat
Owning a boat is a dream for many people, and starting with a used boat can be a great way to make that dream a reality. Boats depreciate over time, so you can get a great value by choosing a well-cared-for used vessel. However, there are several things to keep in mind when you start searching for the right model.
Create a Budget
Before you start shopping around, start by establishing a budget. You should consider how much you want to spend up front and also set some aside for potential repairs. Keep in mind any additional expenses, such as accessories, boating fees and permits, and insurance.
As you set a budget, you may also want to decide where you want to buy. Will you purchase directly from an owner or shop through a dealership? There are pros and cons to both of these options, but make sure to think about warranties and information that might be available to you if you decide to purchase through a dealer.
Do Some Research
Take some time to conduct your own research regarding potential risks and model types. Start by determining what features you require in a boat so you can choose the right type. Then, gather some information about models, makes, and boating categories to narrow down your search.
Once you’ve honed in on the perfect boat type, your research should also include information regarding the risks of used boat buying. Being familiar with potential issues, past recalls, and the overall experience of a specific boat will help you leverage the buying process.
Ask For Information
Once you start looking at used models in person, make sure to ask the salesperson or owner as many questions as possible. You want to get a good understanding of the craft’s history, including age, maintenance, previous owners, and previous locations. Gaining a general idea of how well cared for it was can help determine if it's really a good investment or not. Knowing this information can also help determine if the asking price is appropriate.
Have It Inspected and Put It In The Water
If you decide to move forward with a specific used option, you should have it professionally inspected before sealing the deal. An inspection can pinpoint any potential problems or areas that might need attention in the near future. Have the expert inspect the engine, propellers, oil, and surfaces for mold or mildew.
An inspection is essential, but so is a test drive. Boats can look fine docked or out of the water, but until you have a chance to actually operate them in the water, you may not have an accurate depiction of their condition.
Buying used can be an outstanding opportunity at boat ownership if you take the necessary time and precautions before purchasing. We hope this list of tips will help you with your buying process! Texas Malibu is located in Austin and proudly serves the New Braunfels community. We have a great selection of inventory with available financing options and also have a great service department!