How To Buy Your First Boat: A Step-By-Step Guide

Jun. 21 2023 News By Mellissa F.

Buying your first boat can be an exciting adventure. There is an undeniable thrill and joy that comes with owning a boat. Whether you're interested in buying new or used, there is a wide range of options available. If you are buying your first boat, your first inclination is likely to Google "boats for sale“. While that's not a bad place to start, remember, there are other options available as well.

Here's a step-by-step guide in which we will walk you through the boat-buying process – starting from the initial considerations to the final steps of closing the deal.

Determining the Right Boat for You

Before diving into the boat-buying process, it's important to consider the type of boating you intend to do. Take the time to research and evaluate how you plan to use your boat. Just as you wouldn't buy an off-road vehicle for highway commuting, finding the right boat to match your activities, preferences, and the needs of your crew is crucial.

Ask yourself important questions before committing to a purchase:

  • Do you want a boat that can be easily transported on a trailer?
  • Is entertaining guests a priority?
  • Will you be spending nights on the boat?
  • Do your kids have watersports aspirations?

Different answers lead to different types of boats.

New or Used?

While shopping for boats, you'll notice a vast array of used boats available at lower prices compared to new ones. Modern boat materials like fiberglass and aluminum are durable and long-lasting. Buying a used boat can be a cost-effective option, but it also introduces more variables – much like buying a used car.

Shopping for Your Boat

Start your boat shopping journey online where you can easily:

  • Compare models
  • Look up prices
  • Tour an online showroom
  • Take virtual tours… all without leaving your home

When browsing through listings, pay attention to details and compare features between similar boats. Watch for any red flags, excessive extras, or outdated equipment.

When you've narrowed down your choices, it's time to see the boats in person.

Inspecting the Boat – Walk-Through, Sea Trial, Survey

For major purchases, it's important to thoroughly inspect the boat before making a final decision. Start with a walk around to visually examine the boat. If you're satisfied, proceed to a sea trial to experience the boat underway. It's important to note that a sea trial should not be mistaken for a casual joyride. You may want to consider hiring a surveyor, particularly for boats larger than 30 feet.

What's Included with the Boat You Buy?

The contents of a boat vary based on the type of boat and the nature of the deal, whether new or used. The seller should provide an equipment list which will give you an idea of what is included. You may choose a package deal or purchase amenities separately. Keep in mind that additional items may be required to ensure a safe and enjoyable boating experience.

Closing the Deal

It's time to finalize the purchase. Approach it like any other transaction. Don't get too emotionally attached, as it can impact your bargaining power.

  • Negotiate the price
  • Verify the boat’s ownership
  • Review the paperwork carefully

If the boat is stored at a marina or yard, inquire about any outstanding bills or liens.

Ready to Buy a Boat?

At Border's World Marine Centers, we have been serving boating enthusiasts for nearly 20 years. Our dedicated sales, financing, service, and parts departments are here to assist you through your boat buying/owning journey. We prioritize building long-term relationships with our customers by providing exceptional customer service.