Boat Buying Basics

Our independent research projects and impartial reviews are funded in part by affiliate commissions, at no extra cost to our
readers. The opinions are our own.
There is a saying in the boat world- The best days of owning a boat are when you buy a boat and when you sell a boat. My
husband is an avid sailboat advocate. He recalls the year he lived on his sailboat, as one of the best times in his life. There is also a great
boat inspection checklist that he used when purchasing his last boat- link.
So Let’s Get Down To The Basics
Buying a boat is an exciting venture, but it’s essential to be well-informed and prepared before making such a significant
purchase. Here are some of the best things to know before buying a boat:
Purpose and Usage
Determine the primary purpose of your boat. Will you be using it for fishing, water sports, cruising, or something else?
Understanding your intended usage will help you choose the right type and size of boat.
Budget
Set a realistic budget for the boat purchase, considering not just the initial cost but also ongoing expenses such as
maintenance, insurance, mooring fees, fuel, and storage.
New vs. Used
Decide whether you want to buy a new boat or a used one. Used boats can often offer better value, but they may also
require more maintenance and come with potential hidden issues.
Boat Size
Consider the size of the boat that fits your needs and lifestyle. Larger boats generally offer more amenities and space but
come with higher costs for maintenance and storage.
Boat Types
Familiarize yourself with different types of boats, such as sailboats, powerboats, pontoon boats, and more. Each type has
its advantages and disadvantages, so choose one that aligns with your interests and preferences.
Research Models and Brands
Research various boat models and brands to find ones with good reputations for reliability and performance. Read
reviews, talk to boat owners, and seek advice from boating communities.
Inspection and Survey
If buying a used boat, consider hiring a professional marine surveyor to inspect the boat thoroughly. A survey can
identify potential problems that may not be immediately apparent.

Insurance and Registration
Look into boat insurance options and check the registration requirements in your area. Boat insurance can protect you
from accidents, theft, and damage.
Test Drive
Whenever possible, take the boat for a test drive on the water. This will give you a feel for its handling, performance,
and overall suitability for your needs.
Mooring and Storage
Determine where you’ll keep the boat when it’s not in use. Consider the costs and availability of mooring slips or storage
facilities near your preferred boating locations.
Boating Regulations and Licensing
Understand the boating regulations and licensing requirements in your area. Some regions may require boating licenses
or certifications, especially for operating larger vessels.
Maintenance and Upkeep
Be prepared for the ongoing maintenance and upkeep required for boat ownership. Regular cleaning, engine
maintenance, and seasonal checks are essential to keep your boat in good condition.
By being well-prepared and informed, you can make a confident and well-informed decision when buying a boat, ensuring that
you choose the right vessel for your needs and maximize your enjoyment on the water.