Considering Buying A Boat? Here Are Ten Steps To Help You Enjoy Flagler County’s Boating Opportunities.
Interested in buying a boat, but you’re unsure about the process? Here are ten steps to simplify the process to help you find the right boat for you and your family.
- Analyze the type of boating activity you want to pursue. Some boats are made for a specific purpose, such as water skiing or fishing, while other boats serve multiple purposes. Determine the water activities you want to undertake and select a boat that meets those requirements.
- Do your homework! Consider your past boating experience and the boating knowledge you have gained. If your experience is limited, search for boating information from the internet, boating publications, other boaters, boat dealers and marinas operators. Visit boat shows to save time and where you can see various brands and models all in one place while gaining valuable information.
- Think about who you’ll boat with. Consider the people who will be boating with you in terms of seating, sleeping and amenities.
- Consider the type on waters you’ll be operating the boat in. Will you boat on an inland lake, the Intracoastal Waterway or the ocean? Pick a boat with the design, length, quality and power suitable for where you plan to boat. Do you want a trailerable boat or one that requires a slip at a specific location? Would you prefer to store the vessel in a rack-storage facilities?
- Know your personal preferences. Make sure the boat you select aligns with your lifestyle. Would you enjoy maintaining your boat yourself, or would you prefer having someone else take care of the details?
- Know about warranties, extended warranties and manufacturer/dealer support. Manufacturer’s warranties vary in terms of length and inclusions. Extended warranties can be purchased from your dealer as part of a new or used boat purchase. It’s beneficial to talk with other boaters to help determine the reputation of boat manufacturers and dealers.
- Understand all potential expenses. Operational costs include fuel, maintenance, insurance, repairs and parts as well as slip rentals and/or boat and trailer storage.
- Establish your budget. Once you selected your boat, make sure you have a clear understanding of the additional equipment options you want to include before discussing financing options. Interest rates are competitive. Boat loans can be longer than for traditional auto loans.
- Consider a vessel inspection? If you purchase a previously owned vessel, it may be advisable to hire a marine surveyor to inspect the vessel, and make your purchase contingent on the results of the inspection. This may not be necessary depending on value and contract terms. Most dealers can recommend a surveyor, if needed.
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