As with a car, there are pros and cons to both new and used boats.
- You’re fully aware of the history of your boat.
- You’ll have a warranty if something does go wrong.
- You can get out on the water straight away, with no need to waste time on repairs or restoration.
- Typically new boats can be customised depending on your needs.
- Usually only high-quality boats are available for sale, and these have undergone checks.
- You are covered under NZ consumer law, as well as a warranty.
- You’ll be able to access professional advice on operation and upkeep.
- Comparing prices and negotiating better deals are both more straightforward
Start your search by creating a shortlist of your must-have features, then use this list to eliminate unsuitable options from the huge amount of used boats available. Whatever the size of the boat, and whether it’s new or used, a sea trial is essential. You would never buy a car without driving it, and the same holds true when buying a boat. It’s best to test the boat on a moderate weather day.
Whether you’re buying your pre-owned boat online, in the newspaper, or by visiting local boat dealerships – once you find your boat, but before you buy – at an absolute minimum, get someone who is an experienced boatie or marine expert to come along and assess the boat with you. For larger boats a qualified marine surveyor’s inspection is strongly recommended.
Cost of Owing a Boat
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
Buying a Boat Checklist
A little hesitation before making your first boat purchase is understandable – after all, as a new boatie you’re heading into “unchartered waters.”
Here’s a checklist you can use to bolster your confidence in your decision. If you can answer these questions, then relax – you’ve done your homework, and are making an informed decision that’s bound to be a good one. Have you:
Decided which type of boat meets yours and your family’s needs?
Considered where you’ll be going boating on a regular basis?
Chosen a boat based on your lifestyle, activities and the places you want to go?
Determined how or where you will store your boat?
Looked into financing, insurance and licensing needs?
Worked with a budget to make sure you can afford to both buy and operate your boat?
Taken a boat education course?
If you answered yes to all of the above, congratulations – you’re ready to go get your feet wet!