The dilemma sounds familiar. Is it better to buy a new boat or a used boat? While there is no single “right” answer that works for every boat buyer, certain factors may drive your final decision.

As with automobile purchases, some owners demand that new boat “smell,” comfortable in the knowledge that no one else has ever driven their new purchase before. Other boat buyers elect to avoid the initial value depreciation and may even acquire a well-maintained used boat for less that may also have a few more accessories.

If you are not sure which is the better option for you, here are some thoughts to consider while making your choice.

If you have been around boating to any extent, you have undoubtedly heard the term “marine survey” in some context. A boat or yacht inspection conducted by experienced marine surveyors, a marine survey is appropriate for several situations.

Whether an experienced owner or a first-time buyer, shopping for a boat is a major undertaking. Sometimes first-time buyers react to their initial excitement without fully considering what they need, how big the boat should be, the age and condition, ease of operation, maintenance, and where it will be kept. 

Also, you need to first determine how much you plan to pay and how you expect to finance the boat. Impulsive buyers frequently bear that nagging concern that they overpaid after buying the first boat they inspected.