Key Considerations When Buying a Boat

Alix Greenman

Owning a watercraft is a significant commitment that should not be taken lightly. If you are interested in buying a boat, you should consider the following: 


Location should significantly influence the type of boat you purchase. For instance, the type of boat you would buy to cruise along the ocean should be completely different from the one you would use to tour a winding and shallow river. In shallow waters, boats with flat or V-shaped hulls are recommended, as they can safely navigate rivers. But in oceans, you’ll want a deep-V hull, which can withstand choppier conditions. 

Ivan Ragozin

How You Intend to Use It

Some people want a small fishing boat, while others seek a large speedboat for water sports. Before buying a boat, consider how you intend to use it. This should guide your decision-making process, ensuring that your chosen boat is suited to your needs. 

Docking and Marina Fees

If you do not have the luxury of a private dock or on-water boat storage, you should find a suitable place to house your boat during the boating season. When calculating costs, don’t overlook docking and marina fees. While they can be steep, they are essential for many boat owners. 

Eric Ward

New or Used

Budgetary constraints define the purchasing process for many individuals, forcing a decision between buying a new or used boat. Used boats often come with significantly lower price tags, but additional concerns, such as increased maintenance costs or higher insurance premiums, accompany them.

Seasonal Constraints

In states such as Florida and California, boating season runs throughout the year. However, for most boat owners across the continent, the season is limited to the relatively few warmer months of the year. Consider how seasonal constraints will impact your budget. Winter boat storage is necessary for many boat owners, and it can be expensive.

Zac Gudakov

Additional Costs

At the risk of repeating ourselves, there are numerous costs to consider when purchasing a boat. Understanding all the additional expenses that may arise after the purchase is crucial. These include a range of things such as safety equipment, insurance, maintenance, and storage. 

Where to Purchase

Choosing where to purchase your boat is also a big decision. Opting to buy online may not be advisable, as seeing the boat in person would be ideal. While many stores offer boats, we highly recommend attending boat shows. These events feature numerous knowledgeable vendors offering various sizes and models, both new and used, allowing you to explore a wide selection, compare prices, and find the ideal fit for your needs. 

Seeking the ideal spot to settle down and enjoy your boating lifestyle? Discover the best places for boating enthusiasts to live in Canada and the U.S.