New Boats vs. Used Boats: Pick Which Boat Best Suits Your Needs

04 Oct 23

So, you’ve finally saved up enough money to buy your first boat. This has been your dream for so long and now, it’s finally happening… Or maybe you just want to buy another boat to add to your collection. Whatever reason you have that makes you want to buy a boat, know that you have a lot of options. Since there are a lot of new boats for sale in the market and used boats from private sellers who want to get rid of them, it can be quite puzzling to decide which boat you’re planning to buy; should you invest in a new boat or purchase a used boat?

If you're struggling to choose between buying a new or used boat, don't worry. We're here to assist you by outlining the various advantages of each option. This will help you make an informed decision and choose the best option for you:

Advantages of Buying a New Boat

Warranty: The best thing about investing in a new boat is the benefit of having warranty coverage. Warranties are great to have especially if you own an expensive item, it reduces your expenses when replacing damaged parts.

Customised Style: Some manufacturers allow you to customise the specifications, style, and accessories of the boat you want to have. What’s great is after you’ve purchased the boat with its customised parts, it’ll be ready to be taken out in the water.

No Shady Past: Since the boat comes straight out from the manufacturer, it wasn’t owned by anyone else previously. You don’t need to worry about any hidden problems whatsoever.

Easier Payment Process: One of the best things about buying new boats is that you can buy them in dealerships, like us here at Thwaites Marine. Boat dealerships have a systemised payment process that makes the whole experience easier for you. It usually involves fewer transactions compared to other boat sellers and if you need finance, we can organise that for you!

Obtaining the Latest Models and Gadgets: Boat manufacturers release brand new boat models every year. With brand new releases, it’s expected that these boats will have new features, updated styles, and boating accessories upgrades compared to the previously released models. The latest innovation of gadgets installed inside the boat makes them more alluring to buyers. Since new releases always intrigue buyers, they can be quite pricey. If you’re the type of person who wants to have the hottest and latest boat model and have enough funds to afford it, then buying a new model is what you should do.

Advantages of Buying a Used Boat. Two main advantages:

Saves Money: The number one advantage of buying a used boat is that you can get it at a low price at the best deal. Regardless if they are the latest model or not, used boats always have a great price markdown (since their value depreciates), making them more affordable for buyers. You can save a a fair bit of cash through this method. It’s a great feeling to know that you own one of the hottest boat models in the market (even though it is slightly used) and obtain it at half of its original price.

Negotiation Opportunities: Another great thing about buying a used boat is you can haggle! That’s right, you have the power to state your reasons why you should get the boat at an even lower price. Just make sure to do this nicely and don’t be a jerk when the seller refuses your offer!

Mull over these reasons before you go boat shopping. Once you’ve made up your mind, remember to go into this whole deal armed with valuable information that will aid you in purchasing a boat. Do some digging about the dealer you’re planning to buy a boat from. Find out if they have a trustworthy reputation and a strong track record of quality service and customer satisfaction by reading testimonials and reviews. You want to make sure to get a boat that is worth the amount of money you’ve invested in.

Here at Thwaites Marine, we take pride in providing impeccable service to all our customers. We are an authorised dealer of top boat and engine brands such as Stacer boats, Mercury outboards, Volvo Penta Tohatsu, Yanmar, and John Deere Marine propulsion engines and we also offer expert repair and maintenance services for both outboard and inboard engines. Come visit us at our Coffs Harbour dealership and browse through our wide selection of boats for sale. Please don't hesitate to ask us any questions you may have - we're here to assist you in any way we can!

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