Tips for Buying a Boat

Buying a boat is a decision that is undoubtedly one of the ultimate luxuries or whims in our needs. Therefore, it requires prior planning and considering several factors when deciding. Since we want to buy an asset that brings us satisfaction, pleasure, and happiness, and to avoid the opposite, we leave you with a series of tips to, using maritime terminology, bring the purchase to a successful conclusion.

1. Think about your needs and usage:

In the recreational boating market, there are dozens of types of boats, hundreds of brands, styles, sizes, and functionalities.

For example, if your dream after retirement is to sail for long periods, during which your family will visit you, then perhaps a large cruising sailboat would be an option, or a motorboat like a trawler with plenty of space and autonomy. Or if you want to fish on weekends to forget the hustle and bustle of the office, then a fishing boat is a good option, which also allows for family cruises with relative comfort. Or if you like speed and water sports, there are many types of motorboats. Brands like Sea Ray or Monterey are some of the well-known ones in the market, with cabins or bow riders (open bow), there is a wide range of options for each client and vision.

If your budget is more flexible, there is a wide range of motor yachts and sailboats, both used and new, with all the luxury of details, technology, accessories, layouts, and lengths that can exceed one hundred meters, shipyards like Azimut, Riva, or Beneteau are just some of the brands available on the market.

In summary, buying a boat requires thinking about the use you will give it, knowing the budget you have available, and from that point, comparing specialized websites like Boatsall, and if you can visit a boat show, you can see and visit many of the options in the nautical sector.

2. Narrow your search:

1. Sail, motor, or electric: Knowing if you want to sail peacefully with the wind's push or if you prefer the mechanical push of an outboard or inboard motor, without forgetting the growing rise of electric boats, is one of the main points to consider. Research the different brands and models that fit your needs. Also, the types of boats like flybridge, hard-top, cruiser, etc. Also, check reviews and testimonials from other owners.
2. Budget: Set an approximate budget. It is essential not only to think about the boat's price but also to consider maintenance and the rental of a mooring point. All this can range between 8% and 10% per year of the boat's price approximately.
3. Boat shows: Boat shows are an excellent opportunity to buy new and discounted boats, compare them and talk to manufacturers and dealers.
4. Websites: Search for listings and classifieds on professional websites such as Boatsall.com to get information and market prices.

3. Before buying:

Once you have found the boat that best suits your needs, have it inspected by a professional, and if it is a motorboat or yacht, contact the official engine service to also inspect the engines. If it is a sailboat, you will need a specialist to inspect the sails, mast, and rigging systems. Finally, have the boat dry-docked so a professional can see if the hull has no structural damage or osmosis.

4. Purchase documentation:

We recommend that you get the help of a professional; there are companies specialized in processing boat documentation. They will check if the registration is correct, if the taxes are paid, verify that the boat has no liens, prepare the sales contract, and in summary, ensure that the sale goes smoothly.

Buying a boat can be a complex process, but by following these tips, you will ensure you make the right decision and enjoy your new boat with peace of mind.