As you would expect, boat prices vary a lot depending on their make, size and features. However, you’ll find that often a monthly payment on a new boat is considerably less than a monthly new-car payment. It pays to shop around as much as possible to get the best boat and deal for you – there’s no rush!
The other thing to consider is how boating compares to other leisure activities that you might be thinking of for your family. Whether you are thinking of a week’s holiday overseas, a few rounds of golf, buying or renting a bach or caravan, or joining a tennis club, you’ll find boating compares very favourably. It’s also the ultimate leisure activity when it comes to including the whole family.
Items to consider
[col2][accordion] [accordionitem title=”Financing”]Finance for boats is available just like for new cars, and loans have begun to carry very favourable interest rates in recent years. You could well find that getting into the captain’s seat is easier than you think! A good starting point is to compare rates online.[/accordionitem] [accordionitem title=”Equipping Your Boat”]All boats come with a range of different accessories and options to suit different boaties’ needs. Most accessories such as navigation devices, fishfinders and safety gear can also be purchased separately and installed. Make sure you keep in mind the cost of any additional features you’ll need to purchase prior to getting your new boat. View our Directory to check out where to go shopping.
[/accordionitem] [accordionitem title=”Operating Costs”]While there are fuel costs associated with boating, particularly with launches and power boats, it pays to keep in mind that you won’t be using petrol all the time. While you’re fishing, swimming or ashore you won’t be using the motor at all. Additionally, most vessels smaller than 7.5m in length don’t require large amounts of petrol.[/accordionitem][/accordion][/col2]
[col2_last][accordion][accordionitem title=”Boat Maintenance”]In order to be kept in top condition (and safe!) boats require frequent maintenance and safety checks. Simple measures such as keeping your boat covered when not in use and making sure you wash the deck, fittings and motor out thoroughly following use can go a long way towards keeping your maintenance costs down. View our Directory for information on companies that can assist you with maintaining your boat.
[/accordionitem] [accordionitem title=”Storage”]Boating storage can be one of the biggest ongoing costs associated with boat ownership, but fortunately there are a range of options for each type of boat. The cheapest storage method, of course, is to keep your boat on a trailer in your yard or driveway. For situations where this isn’t suitable, smaller boats can be placed in rack storage – typically a covered shed full of boat cradles – or parked on marinas or pole berths. Moorings are another low-cost solution, particularly for yachts too big to be parked on trailers and towed. [/accordionitem] [accordionitem title=”Insurance”]Insurance is a must, especially if you’re just starting out and learning the ropes of boating. Insurance costs vary depending on your boat type, length and speed. View our Directory for companies that can assist you with acquiring insurance for your boat.