There are many decisions to be made when it comes to buying a boat. Some of the top considerations are the size and if you need the vessel for salt or freshwater. Of all the factors, one of the biggest choices to make is whether to buy new or used. While buying new always sounds like the best choice, it’s not always the most practical. This brief guide below offers a closer look at the advantages of new and used boats to help you determine which option is right for you. 

Why Should I Buy New?

Purchasing a new boat gives you the opportunity to have the latest features on the market today, as well as the opportunity to customize. You can handpick the features you want to take advantage of the latest technology and aesthetics to suit your needs and style. You can also take advantage of the manufacturer’s warranty that can cover every component from the bow to the stern. 

New boats often come with a high price tag. If you aren’t looking for something specific, and the technological features aren’t a big selling point for you, you’ll be paying more for an older model that you could have purchased used. You should also consider that as soon as you buy a new boat and take it off the lot, there is a value depreciation. 

Why Should I Buy Used? 

A clear advantage of buying a used boat is the price. The depreciation in value has already occurred, meaning it is more likely to retain its value should you choose to sell it later. While you won’t have the option to customize as you would with a new boat, the money you save on the initial purchase can go towards upgrades. Used boats are often the result of boat enthusiasts trading up to get the newest model. This means a larger variety of boats to choose from. 

While buying used comes with a lot of cost-saving benefits, it’s not without its own set of disadvantages. Used boats will have varying levels of age and wear. Some you’ll notice right away, while others you may not detect until you’re out on the water. While a dealer who sells used boats will have scouted the larger issues out for you, there may still be small problems such as broken levers and worn seats to contend with. 

Whether you’re looking to buy a new or used boat, McMillan Marine in Rochester, NY, offers the best selection around. Serving the Finger Lakes and Irondequoit Bay area for over 25 years, this boat shop offers a wide selection of sporting and fishing boats, jet skis, and boating equipment. Take a look at their inventory online or call them today at (585) 103-1184 to learn more.