Things to Consider For First Time Boat Buyers

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various boats in the marinaWhen you are looking for the ideal boat, there are lots of things to consider before you make the purchase.

A boat is a significant investment and you don’t want to squander your money on a boat that is not right or suitable for you. Buying a boat is not complicated either, but you do need to do your research and prepare before making your purchase.

So to help you, here are some things that you have to consider as a first time boat buyer:

The Type of Boat

The first thing you have to take care of is the actual type of boat that you will be using. This concerns the type of activities that you will be doing in your boat as well.

Will you be, for instance, sailing, fishing, skiing, or wakeboarding in your boat? Depending on how you answered you may be looking for a sail boat, bass boat, pontoon, or something that meets in the middle.

The Brand of the Boat

There are thousands of manufacturers and models of boats in the market, and finding a suitable and reliable brand can be confusing for many people who are not affiliated with the market. Research about brands of boats is very important, since it will allow you to purchase a boat that is perfect for you.

Look at brochures and compare the prices of the boats online, while you should read reviews about a particular brand or model of boat that you are considering, before you seal the deal.

A Used or A Brand New Boat?

You will need to answer this question in order to purchase the right boat, and this is generally associated with how much cash you are willing to spend on your boat.

A new boat will obviously cost you more money, but should not require as many repairs or maintenance costs. Used boats can be found at bargain prices and in good condition, but will usually require much more intensive shopping and research to ensure a good deal.

A Private Seller or A Dealer?

You will also have to consider this factor when you are purchasing a boat. Most people expect to pay less when dealing with a private seller, since dealers add their own costs on top of the original price of the boat.

However, dealers are less likely to sell you a lemon without any issues, while securing a boat privately may end up with you having a boat that needs frequent repairs. Purchasing a boat from a dealer will also allow you to acquire a warranty for the boat, while this option will not be afforded to you from a private seller.

The key point to remember when buying a boat is to put in the time and do your homework before making the purchase, every step of the way. From how you plan to use the boat, to expected prices, and even boat maintenance so you can check out your craft before you buy!


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Glenn S. Phillips is the CEO of Lake Homes Realty. He is also an author and speaker. When not thinking about real estate and technology, he periodically plays his ugly tuba (complete with a bullet hole), enjoys exploring cognitive thinking, and prefers dark chocolate.

{ 5 comments… read them below or add one }

Lillian Schaeffer September 7, 2016 at 9:07 pm

This is some great information, and I appreciate your suggestion to consider whether you want a new or a used boat. My husband and I recently moved, and the area we live in has a really nice lake nearby, so we’ve decided to get a pontoon. We can afford to pay some extra up front, and we’d prefer to not have to worry about too much maintenance, so we’ll definitely look into buying a new boat. Thanks for the great post!


Braden July 28, 2017 at 1:09 pm

I’m looking to get a nice new boat. It makes sense that a pontoon would be ideal for me! I’ll see if I can find any new ones that are within my price range. That way I won’t need to worry about repairs for a while!


Callum Palmer August 16, 2017 at 12:24 am

I agree, the first thing you need to take into consideration when buying a boat is deciding on which kind of boat you need. In particular, it might help to look at where you’re planning to go boating and see if they have any restrictions on what kinds of boats are allowed in their waters. There’s also always the chance that you might want to try out several different kinds of boats to determine which one is the best fit for your boating style.


Sandra Patterson May 7, 2019 at 11:22 pm

My husband has been wanting to buy a boat for a long time now, but he has no idea where to start in his search. Thank you for your tip about knowing what you want to do with the boat being a great indicator for the type of boat you will want to get. Hopefully, showing him this article will help direct him towards the type of boat he wants to get, and we can just finish this process as soon as possible!


Dean Phillips May 21, 2019 at 1:39 pm

You made an interesting point when you said that a new boat will cost more money, but will not require as many repairs. My wife and I have been wanting to do something fun for the summer, so we have considered buying a boat. We do not have the money to buy a new boat, but once we find a used boat, we will be sure to purchase a protective coat for it.


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