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Reggie Smithers January 2nd 06 01:23 PM

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?



P. Fritz January 2nd 06 02:45 PM

Buying a Used Boat
 

"Reggie Smithers" wrote in message
. ..
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?


If it was built before 90......the length typically does not include the
pulpit and swim platform.....saves money on docking charges ;-) (Mine
says 28 on the title......even though it is longer than newer 32's)




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.


You don't know what sort of treatment the previous owner(s) gave the boat.

Higher maintenance costs as things wear out and break.







Any other disadvantages of the used boat?









Butch Davis January 2nd 06 02:52 PM

Buying a Used Boat
 
Reggie,

When buying a used boat it is critically important to absolutly know that
the boat is legally owned by the seller and that it is free of any liens.
Some states continue to fail to require boat titles. Alabama is one of
those states.

As you said, the other major risk is hidden defects. New engines and/or
major hull repair would drive the cost well above that of a new boat with a
warranty.

Butch
"Reggie Smithers" wrote in message
. ..
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?





JimH January 2nd 06 03:02 PM

Buying a Used Boat
 
When buying any used boat it is important to deal with a seller who is up
front and honest about things like engine hours, especially if there is no
hour meter.

It is also important that both the prospective buyer and seller know what a
reasonable price is for the particular boat.

There was another thread with a member claiming to have a boat for sale who
broke all these rules and will therefore have a hard time selling his boat.


"Reggie Smithers" wrote in message
. ..
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?





John Gaquin January 2nd 06 03:11 PM

Buying a Used Boat
 

"P. Fritz" wrote in message

If it was built before 90......the length typically does not include the
pulpit and swim platform.....saves money on docking charges ;-) (Mine
says 28 on the title......even though it is longer than newer 32's)


Not necessarily. Most marinas in this area charge on the overall length.



Reggie Smithers January 2nd 06 03:11 PM

Buying a Used Boat
 
Butch,
I know if the boat is CG registered that the lien will be included on the
registration, do most states include the lien holder on the boat title the
way they do on car titles?


"Butch Davis" wrote in message
ink.net...
Reggie,

When buying a used boat it is critically important to absolutly know that
the boat is legally owned by the seller and that it is free of any liens.
Some states continue to fail to require boat titles. Alabama is one of
those states.

As you said, the other major risk is hidden defects. New engines and/or
major hull repair would drive the cost well above that of a new boat with
a warranty.

Butch
"Reggie Smithers" wrote in message
. ..
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?







John Gaquin January 2nd 06 03:12 PM

Buying a Used Boat
 

"Reggie Smithers" wrote in message


The disadvantage of a used boat:

2. You will not have the "new boat smell".


I would transfer this item to the "advantage" column. :-)



P. Fritz January 2nd 06 03:13 PM

Buying a Used Boat
 

"John Gaquin" wrote in message
...

"P. Fritz" wrote in message

If it was built before 90......the length typically does not include

the
pulpit and swim platform.....saves money on docking charges ;-)

(Mine
says 28 on the title......even though it is longer than newer 32's)


Not necessarily. Most marinas in this area charge on the overall

length.




The ones I have gone to have always just looked at the numbers on the side
or the title.



JimH January 2nd 06 03:15 PM

Buying a Used Boat
 

"Harry Krause" wrote in message
...
JimH wrote:
When buying any used boat it is important to deal with a seller who is up
front and honest about things like engine hours, especially if there is
no hour meter.

It is also important that both the prospective buyer and seller know what
a reasonable price is for the particular boat.

There was another thread with a member claiming to have a boat for sale
who broke all these rules and will therefore have a hard time selling his
boat.



Hope you are not referring to me, Hert, since I did not "offer" a boat for
sale here. A poster here asked if I had one for sale, and I answered in
the affirmative.

I don't conduct "business" in rec.boats among the droolers. You know, your
type. As you are not a prospective buyer, you have no reason to know any
of the real particulars of the boat.

Go play with your buddies Fritz, Smithers, et al. They're yyour speed.
Real slow.



Why the need for insults Harry? Are your feelings hurt because you were
proved wrong time and time again yesterday?



JimH January 2nd 06 03:16 PM

Buying a Used Boat
 

"P. Fritz" wrote in message
...

"John Gaquin" wrote in message
...

"P. Fritz" wrote in message

If it was built before 90......the length typically does not include

the
pulpit and swim platform.....saves money on docking charges ;-) (Mine
says 28 on the title......even though it is longer than newer 32's)


Not necessarily. Most marinas in this area charge on the overall

length.




The ones I have gone to have always just looked at the numbers on the
side or the title.



Ours charge by the length of the slip, regardless of the length of boat.




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