Buying a Used Boat
In a separate thread, there has been a discussion about buying a used boats.
I have purchased both new and used boats, and if I was going to buy another
boat I probably would buy a used boat.
I thought it might be interested if everyone added their thoughts of buying
a used boat vs. a new boat. To get the thread started I have listed a few
ideas. Please add yours.
Advantage of a used boat a
1. The new boats problems (and they all have a few gremlins) have probably
been solved.
2. The boat will probably include many options or accessories that will be
thrown in for free.
3. The other person is taking the big hit for depreciation that incurs as
soon as the boat is taken off the dealers lot. Even if the boat is only 2
years old, you can probably save at least 20% off the cost of the same boat
new.
Any other benefits of a used boat?
The disadvantage of a used boat:
1. There might be hidden problems, that even a survey and mechanic will not
find.
2. You will not have the "new boat smell".
3. If you are going to finance the boat, you interest rates and down
payment might be higher than new.
4. You need to be prepared to spend more time finding a good used boat at a
reasonable price. It is easier to visit a boat show and check out many new
boats in one location.
Any other disadvantages of the used boat?
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