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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? |
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? |
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? |
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? |
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. |
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? |
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. :-) |
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. |
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? |
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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