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- What are the prices for a new boat?
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Buying boats isn't as painful as you might think! Naturally, prices
for new boats vary depending on size and make, but many boat
manufacturers and dealers can put you in the captain's chair for
considerably less than a monthly new-car payment. In fact, monthly
payments for many entry-level boats can be less than $200.
- What is the best insurance coverage for my boat?
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It is best to have what is known as an "All Risk" policy, which will
provide coverage for all types of losses except those specifically
excluded in the policy. Typical exclusions may include wear and tear,
gradual deterioration, marring, denting, scratching, animal damage,
manufacturer's defects, defects in design, and ice and freezing.
- Which type of boat is right for me?
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One of the terrific things about boating is that there are boats
designed for different activities. For many boaters, general purpose
craft which serve as fish, ski and picnic boats are ideal.
To narrow down your search, ask yourself what the boat will be used
for. Buying a sailboat can provide you with hours of relatively
inexpensive fun; buying a house boat can offer a home away from home
for long weekends, buying a jon boat enables you to spend hours hunting
and fishing. Consider a boat good for family boating, like a family
fishing boat – there's nothing like spending time on the water to
bring everyone closer together. There is a boat that's right for you.
- Can I take a boat for a test drive?
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Absolutely. Just as you would take a car for a test drive before
buying, you also should not buy a boat without first testing it on the
water. If you're new to boating, bring a marine surveyor or experienced
friend along. It also helps to bring a checklist of inspection points
and questions along with you as well.
See how the boat responds to variations in speed, turns, and wave
angles. When taking a boat for a test drive, it's also important to
make sure the engine was not warmed up prior to your arrival- and also
make sure that you run the boat long enough to rule out any danger of
overheating as well.
- What should I look for when inspecting a boat?
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Whether you're buying new or used, there are a variety of things to
keep an eye out for when you buy a boat. An out-of-water inspection is
also beneficial to check for any irregularities in the hull. In
general, any boat inspection should include an in-depth examination of
the following:
- - Boat Engine
- - Bilge
- - Steering and throttle controls
- - Electrical components
- - Floors & Siding
- - Propeller
- - Deck Hardware
- - Fuel Tanks
- - Batteries
- - Riggings, hardware, and sails
- - Hull condition
- - Propeller Shaft
- - Upholstery
Additionally, if you are buying a boat that's used, you'll want to
check for floor rot, mildew, number of boat hours logged, maintenance
history, and also its storage history,
A general rule of thumb is that if you can use it, you should test
it. If you're going to a buy a boat, you owe it to yourself to turn on
those lights, test the heater, uncoil the ropes, open the hatch, check
the steering, and raise the sails!
- I think I need a professional to assist with my boat inspection. Who should I call?
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There's so much to keep in mind when buying boats, which is why an
independent marine surveyor can be a valuable boat buying resource. In
fact, many banks and insurance agencies may already require that you
obtain an assessment of a boat's condition from a qualified marine
surveyor. Both the National Association of Marine Surveyors and the
Society of Accredited Marine Surveyors offer licensed professionals to
help you evaluate a vessel's features and make an educated decision
about how to buy a boat.
- What are the most common mistakes that boat buyers make?
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One of the primary mistakes that people make when they buy a boat is
to simply buy the wrong kind of boat for their needs. A lot of this
involves paying attention to the type of water you'll be boating on, as
well as the climate. Write down what you primarily plan to use the boat
for, as well as the average number of people you expect to have on
board. Make sure the needs and preferences of your entire family are
taken into consideration - don't buy a leisurely fishing boat if
everyone else in your family is looking forward to waterskiing!
It's also important to take the time to do your research. The more
knowledge you're able to gain about not only the general type of boat
you're interested in, but also with regard to the particular boat
you're about to buy, the happier you'll be with your purchase. Consult
a boat buyer guide, conduct a thorough inspection of any vessel you're
considering, and always choose quality over quantity or a flashy brand
name.
It's also important to establish a comfortable, trusting
relationship with the person you are buying your boat from, whether
it's a dealership that knows to keep your individual needs in mind, or
an individual you is offering a used boat through a newspaper ad. Both
should be able to provide ready and knowledgeable answers to any
questions that you may have.
- When is the best time to buy a boat?
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Boat shows are often a great opportunity to get special deals,
rebates, and incentives on new boats. Boat shows occur all around the
country and can serve as an excellent boat buying resource for
comparing different models and brands. Boat shows also allow you to
communicate directly with dealers as well as manufacturers. To find a
boat show near you, please visit our boat shows calendar.
The winter months and late spring are also good times to consider a
purchase, as many dealers are clearing out older inventory in order to
make room for the new year's models.
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