QA

Quick Answer: Things To Check When Buying A Used Boat

What is considered high hours on a boat?

There are a few things to consider when looking at boat hours. Unless you are looking at a really high hour boat (2,000+ hours) there are typically very few drawbacks to the number of hours a boat has. In fact, a boat with normal hours (50-75 per year) will often time run better than a boat with low hours.

What questions should you ask when buying a boat?

Essential Questions To Ask When Buying A Boat What Are The Warranties? When Can I Test Drive The Boat? How Often Will The Boat Need Service? What Material Is The Boat Made From? How Much Will It Cost To Insure This Boat. How Many Passengers Does This Craft Hold? Is Financing Available? Your Dream Boat Is Waiting!.

What is the best month to buy a boat?

FALL. Many people will argue that the fall is the best time for buying a boat. This is because most of the manufacturers start offering discounts around September and October. When demand begins to decline, dealers often provide incentives for buyers in the form of discounts and deep cuts in pricing.

How old should a used boat be?

Our experience indicates that boats in the 2-4 year old range usually offer the best prospects. Of course, boats that are only one year old are hard to find since not many people sell at that age.

Why should a boats gas tank never be completely filled?

It’s important to never fill the tank of your boat beyond 90% full. This leaves room for gas to expand and avoids the potential for overflow. Ensure that all air vents and valves to the gas tank are open.

How do you convert boat hours to miles?

Pull the data from the engine meter to determine how many hours the engine has run. Calculate the hours by a factor of 60 to approximate the miles accumulated on the engine. Formula: Engine hours x 60 = Approximate mileage.

How long does a boat engine last?

The average marine gasoline engine runs for 1,500 hours before needing a major overhaul. The average marine diesel engine will run for more than three times that long and log an average 5,000 hours under the same conditions.

What are boat Interest Rates?

What is a good interest rate for a boat loan? Borrowers with strong credit can expect boat loan interest rates in the 4% to 5% APR range for new and used boats.

Is getting a boat worth it?

A boat can be a great investment, perhaps not in the tangible way real estate or a mutual fund can increase in value, but certainly in a non-material way. Owning a boat is about the pursuit of pleasure or adventure, of bonding with family and friends, of a passion for freedom that many people find only on the water.

What is the best website to buy used boats?

5 best places to buy used boats Yachtworld and Boattrader. Searching used boat websites like YachtWorld or BoatTrader is one of the easiest ways to view many boats, from all over the world, in a short period of time. Craigslist, Kijiji and magazine classifieds. Yacht brokers and boat dealers. Marinas and clubs. Boatyards.

How do you test a used boat motor?

Give the outboard motor a thorough visual inspection. Check out the cowl to make sure it’s undamaged and in good condition. If the cowl looks brand new, make sure to ask why. Inspect the propeller for damage and for debris around the shaft.

How do you test a boat engine?

3 Steps to Test a Boat Motor Out of Water Step 1: Hooking the hose and the flusher muffs. i. Go through the manual. Before you start the motor out of the water, go through the manual. Step 2: start the engine. i. Turn on the water. Step 3: Flush the motor. i. Let the engine run.

Do you negotiate boat prices?

The final sales price of a boat can vary greatly depending on how the negotiation is handled by both buyer and seller. Very much like negotiating the purchase of a car or home, you as a seller, may have a stronger position to negotiate if: The boating market is strong and boats are selling quickly.

Will boats get cheaper?

Boats are 5% to 13% cheaper in winter compared to other seasons such as summer, spring, and fall. But, it still depends on the place where you live, but often prices will go down a bit by the end of the fall & winter and bounces back to normal (higher) prices in the summer and by the end of spring.

What time of year is best to buy a used boat?

Well, the best time tends to be in the off-season, which roughly runs through October, November, and December. If you’re looking to enjoy a wide range of options and lower prices, looking for a boat during these months can help.