Things to Look For in Your Next Boat

It’s time to get your next boat! But first, it’s essential to consider the various technical and economic aspects that come with bringing home your new boat. While owning a boat is an excellent investment, every investment you make must provide a value of its own.

In this blog, we’ll discuss the various things you should consider before buying a new boat.

The Type of Boat

Keep in mind that different types of boats have distinct purposes. For example, a center console—typically used for fishing and cruising—is not as same as a bowrider.

Think about the kind of activities you wish to do with your new boat, be it water sports or fishing, and then choose one that is appropriate.

Size

Are you planning on going fishing or sailing only with your family? Or would you involve your friends too? Your answers to these questions are crucial when it comes to deciding on a boat. If you’re planning on taking several boating trips with a large group of people, choose a boat that can comfortably accommodate everyone.

Also, you must not forget to consider where and when you will operate this new boat. If you’re someone who typically prefers daytime boating, then picking a boat between 18 and 40 feet should be adequate. On the other hand, if you’re one who prefers staying on water overnight, you might need a larger boat that comes with a cabin, galley, and other amenities.

Financing

If you’re in the market for a new boat—a center console, dual console, cruiser, or bowrider—you might want to consider applying for financing with Rhode River Boat Sales.

Most people tend to utilize the benefits of boat financing instead of putting all their money down at once. In fact, there is a wide range of financing options to choose from. The typical period can range from 10 to 15 years, but it can sometimes be extended to 20 years.

Insurance

Whether you buy your boat with cash or financing, you still need to insure it.

First, you will have to find an insurance agent with underwriters specialized in marine boat insurance. Working with them is the best way to ensure you get the best rate and policy for your needs. They often have relationships with insurance companies, making it easier to compare and shop for the best deals.

Storage

Having sufficient storage space is a major aspect every boat owner should consider when purchasing a boat. Some may prefer to transport their boat to different locations with a trailer, while others prefer to have it docked at a marina near their home port. If you have a new larger boat in mind, consider looking into various storage options.

Rhode River Boat Sales is a family-owned boat dealership in Anne Arundel County that has been in the industry for decades. Whether you’re looking to buy a brand new or used boat or sell your current one, don’t hesitate to get in touch.