Boat buying timeline [infographic]

Boat Buying Timeline [Infographic]

Posted by: TJ Johnstone on Jan 12, 2018 10:08:00 AM

There's no doubt about it, owning a boat is one of the best ways to get the most out of Minnesotan summers. I mean, there's not a lot that beats time spent out on the water. Whether you're dropping a fishing line, towing the kids in a tube, or enjoying cocktails with friends, watercrafts can make a good summer great.

More and more people have been taking interest in boat ownership, and the boats for sale don't stay on the market too long these days. In order to streamline your boat buying process and help you get the most out of your efforts, I put together this handy infographic that covers the basics of boat buying. 

Boat Buying Infographic

Boat Buying Timeline Infographic

Budget

Working with a budget is an undeniable aspect of boat buying. But, nowadays, we're able to do a lot to make boat ownership realistic for people in just about any income bracket. Boat financing is the most common way people buy, especially since it's easy to get a reasonable monthly payment.

Unlike cars, boats depreciate at a much slower rate, which means they hold onto their value for a much longer time. Because of this, it's common to finance a boat over 10+ years. When you consider a downpayment at zero to 10 percent of the total cost and the wide range of boat prices on the market today, getting a watercraft to fit your budget is pretty realistic.

Visiting a Boat Dealership

If you haven't experienced it yet, know that visiting a boat dealership can be a lot of fun. Getting to walk onboard the boats and pontoons and feel what it's like in the captain's chair... there's nothing quite like it. 

Experience Features and Options

When you're at the dealership, it's a great opportunity to not only get a feel for different models but to determine which features and options you would want on your watercraft. Right now, there are countless options available, so experiencing the boat or pontoon first-hand can help with decision-making. 

Choose Your Best Time of year

Boating may be a seasonal activity in Minnesota, but boat buying happens year-round. It's worth noting that the boat buying experience is different depending on what time of year you visit a dealership.

Fall and wintertime boat buying is great for people who prefer less hustle and bustle and who enjoy uninterrupted one-on-one time with their salesperson. Winter buying is also perfect for those of you who know exactly what options and features you want your new watercraft to have. When you place a custom order during winter, you can pick up the exact model you ordered in the spring. 

Spring and summertime are going to give you a more fast-paced and busy boat buying experience. And, there is the added benefit of being able to experience, buy, and take home all on the same trip. Really, buying a boat is great at any time, but if you prefer a certain atmosphere, planning accordingly can help make it happen. 

Post-Purchase Details

Finally, there are a few details that don't come into the picture until after you buy, but the time you're at the dealership is a great time to discuss them. Your salesperson will be able to walk you through your registration, trailering, storage, warranty, and maintenance needs that are specific to the watercraft you purchase. 

Topics: Marine | Insider
Miller Marine New Boat Checklist

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