3 Questions You Need to Ask Yourself Before Purchasing Your First Boat

Who needs road trips when you have boat trips? Instead of the open road, it’s the open waters! You’re still surrounded by scenery (usually), and you still have the wind going through your hair. Don’t forget about that scent! This sounds amazing, right? Well, you need to hold your anchor (pun intended).

Owning a boat is not the same as owning a car; sure, they’re both modes of transportation, and you need a license and insurance for both, but that’s basically where the similarities end. Owning a boat, especially if this is your first time, is not the most simplistic thing out there. Honestly, there’s a lot of questions you need to ask yourself first. But what are they exactly?

What’s Your Boating Style?

First off, what kind of boating are you envisioning? Are you the type who wants to race through the waves, feeling the adrenaline rush as you zip around the bay? Or are you more of a leisure cruiser, imagining serene weekends fishing or just floating with a cold drink in hand? Have you dreamt of luxury yachts sailing on the open sea? Maybe you’re picturing family adventures, towing the kids on inflatable tubes, or exploring hidden coves. Now, believe it or not, you can’t use the same boat for everything.

Knowing your boating style will help you choose the right boat. Is it a speedboat, pontoon, sailboat, or yacht? Each offers a different experience.

How Much Are You Willing to Spend?

Hands down, you really need to understand that boats come in all shapes, sizes, and prices. It’s crucial to set a realistic budget. Sure, it’s really obvious a sailboat isn’t going to cost the same as a yacht or even a tiny fishing boat. But, like what was said above, they all have different purposes.

And remember, the cost of the boat itself is just the beginning. You’re going to have to think about insurance, storage, maintenance, fuel, and unexpected repairs. It’s like owning a car but with more water and potentially more expenses. Plus, there are other things to think about, too; for example, you can’t really DIY any sort of decor when it comes to boats (like you can with cars); for example, if you buy underwater boat lights, you’re not going to be able to install those by yourself, and you’re going to need a professional to do it.

Basically, everything when it comes to a boat needs a professional, and professionals cost money. So, it’s best to just get a clear idea of your finances and what you’re comfortable spending. Don’t let boat ownership become a financial strain that keeps you awake at night.

Where Will You Keep It?

You’re going to have to think about where you’ll store your boat. Do you have a suitable dock or marina nearby? Can you afford the storage fees? Or do you have space on your property? Keep in mind that hauling a boat in and out of the water isn’t always a simple task. You’ll need a trailer, a vehicle capable of towing, and maybe a friend who doesn’t mind lending a hand.