Last year (2020), the boating and marine industry accounted for more than $42 billion in sales and other fees. Naturally, the top state in the group was Florida. That shouldn’t surprise anyone because Florida’s pristine waters and the tropical climate attract boaters from around the country. Interestingly enough, buying a boat doesn’t require you to be wealthy. Over 60% of all boat owners nationwide earn less than $100,000 annually.
Affordability and Your Budget
One of the primary factors to consider when buying a boat is whether or not you can afford it. Although you might be able to get away with paying thousands less for an older, previously owned boat, the cost of repairs can add up substantially and you could wind up spending thousands more than you had planned. Ask the seller about how many hours the engine has been used as well as the “marine age” of the boat (this refers to the amount of time a boat has been in salt water). Used boats will cost less than a new one.
Freshwater or Saltwater
Another key factor to consider is where you plan on using the boat, i.e., freshwater or saltwater. Freshwater lakes are vastly different from open water. Consequently, a fishing boat will be different from a recreational vessel. So, you need to determine what your boating focus is going to be. When you’re shopping for boats, you’re going to see a lot that looks similar. Although you can use a freshwater boat in saltwater, we don’t recommend it because of the salt’s corrosive effects. Furthermore, keep in mind that saltwater boats have been designed to withstand tougher weather conditions. Thus, if you have a specific use, choose accordingly.
Storing Your Boat
Last, but equally as important, is the storage factor. Where are will you be storing your boat when you’re not using it? Chances are, you won’t need a winter storage area thanks to Florida’s temperate climate. You have two choices where this is concerned. You can either pay for a slip fee or store it intact on its trailer. If you’re planning on storing it in a marina, be sure to calculate that cost into the equation when budgeting for your boat purchase.
Florida is the ideal location for basking the warmth of the sum. So, if you want to buy a boat, there is an abundance out there that will accommodate you and your family’s needs, expert and novice included. Just be sure that you know what you’re dealing with when buying a boat. For more information, call Powerhouse Marina at (305) 892-2628 today or e-mail us at firstname.lastname@example.org. We’ll be glad to be of assistance.