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December 02, 2021 2 min read 7 Comments

Few things provide a sense of freedom like leaving dry land and sailing off into the sunset. Whether you are fishing alone on a verdant pond, wake surfing with friends at a recreational lake, or sailing the ocean blue, there is nothing like being out on the water. But first you need a boat! Buying a boat is exciting but can be a little bit intimidating. Here are some tips that can help the process go off without a hitch.

Understand Costs

There is a huge difference between the cost of a dinghy and the cost of a yacht, but whatever type of boat you arelooking for will have associated costs. The price of the boat is just the beginning. You will also need to consider the costs of accessories and toys. These can include oars, covers, trailers, life vests, ropes, tubes, surf boards, and safety gear. Additionally, you will need a place to store it. Dock or harbor space rental can range from a couple hundred dollars to over a thousand a month. Boats require regular maintenance, as well as insurance. Factor in all related costs when you create your boat budget.

Where to Store It

Ideally, you will be able to store your boat on your property. If it is a small fishing boat or kayak, you might be able to fit it in your garage. If there is space on your land, you can save a great deal of money on storage fees by building a structure.Post frame construction is cost effective and produces a durable, multi-use building. However, you may not be able to store your boat on your property if it is too large or your HOA has regulations against it. If that is the case, you will need to find another storage venue.

Consider All Uses

One of the most important considerations when buying a boat is what you will be using it for. Is your boat mainly for social gatherings? Do you want to pull skiers or surfers? Will you be fishing in calm waters? Are you into big sport fishing? Do you prefer the quiet of a sailboat? Will you be fitting a large family on your boat? Think of everyfunction you need your boat to perform, do your research, and then go shopping.

If you buy smart, your boat can provide you with years of relaxation, sociality, fun, and sport. Consider all the expenses you will incur, figure out storage ahead of time, and get everything you need to make the investment worth it. Then get out and use it every chance you get!

Read this next:How to Enjoy Water Sports as a Family

7 Responses

Clare Martin
Clare Martin

January 13, 2024

My dad is interested in purchasing a boat now that he is passionate about fishing as a hobby, so he needs to find a good deal for it soon. It’s good that you remind us to understand the associated costs that come with owning a boat and not just the price of the boat itself since we need to think of the accessories and the costs for regular maintenance and insurance as well. I’ll keep this in mind while I look for a boat dealer in Panama City to help my dad find a good deal for the boat he wants to buy soon.

Thomas Clarence
Thomas Clarence

March 03, 2023

I thought you made a good point when you explained that it is important to factor in all related costs when creating a budget for purchasing a boat. I would think that purchasing a used boat would be a good way to create a much more affordable budget for something like this. You would want to make sure that the used boat is in good condition before you purchase it.

Henry Killingsworth
Henry Killingsworth

June 21, 2022

It’s great that you mentioned that buying a boat can be exciting. I want to buy a boat. I will have to find a trustworthy dealership so that I can purchase the perfect boat.

Charlotte Fleet
Charlotte Fleet

May 17, 2022

I am glad you mentioned how it is important to find a venue to store your boat before your purchase it. My husband and I want to buy a boat that we can take out on the lake this summer with our friends and family. We’ll be sure to look for a quality storage solution before we make any decisions in buying a boat.

Anna Collins
Anna Collins

April 22, 2022

It was quite a useful tip when you mentioned that it would be beneficial to consider where you will be storing your boat since some HOA regulations will be against keeping a large boat on your property. I’ve recently been into fishing so I wanted to buy a boat that I can use to continue with my new hobby. I’ll keep in mind to find a proper storage space for it first before I purchase one from an auto dealer.

Thomas Clarence
Thomas Clarence

April 08, 2022

I like how you mentioned that it is important to take into consideration the costs of accessories and toys when purchasing a boat. In addition to that, I would think that it would be a good idea to have an appraisal performed on a boat. That way you can know its actual value before purchasing it.

Greta James
Greta James

December 30, 2021

Thank you for the tip to consider where you might store a boat. My husband has been talking about buying a boat for years. I will share all these tips with him. I hope we can find a good boat that will suit our needs.

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