Boating Information
Information on buying a boat and boating
Getting Started With Boating
Reasons To Buy A Boat
Costs Of Owning A Boat
Finance a boat
Financing A Boat
Cash Or Finance For Your Boat
Buying Boat Insurance
Types and Sellers
Types Of Boats Available
Types Of Boat Sellers
How to find a boat
Finding The Perfect Boat
Inspecting Your New Boat
Choosing The Right Boat
How To Test A Boat
Buying A New or Used Boat
Buying A Used Boat
Types of Boats
Buying A Yacht
Custom Built Boats
Buying Inflatable Boats
Buying A Fishing Boat
Buying The Right Fishing Boat
Misc
Choosing The Right Motor
Buying The Right Anchor
Trailers and Storage
Buying A Boat Trailer
Towing or Trailering a Boat
After Your Boat Purchase
Storing Your Boat
Fishing Tips Blog
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Cash Or Finance For Your Boat
Before you go buy a boat try to remember that it's a hobby and you shouldn't get more boat than your budget allows. It's not worth taking on a huge debt for a boat. First time buyers should always make sure to stay calm and to stay within their budget.
It's always a better idea to find some recreational dollars by selling a few things you don't use anymore or simply saving up for the boat for a time. While you are saving study the boat market and find exactly what you want. When you have saved up enough for what you want go buy it.
Make sure, whatever you do, that you don't spend all of your money on the boat itself. When you buy the boat you will need to have money for taxes, registration, insurance, gas, equipment if your boat doesn't come with it.
If you are buying a used boat or a new one, cash is always best and will usually get you the best deal. Because there aren't any finance charges when you pay cash it can make it much cheaper. Finance charges can be steep, very steep if you aren't careful. Shop around for financing if you must have it.
One of the best ways to finance your boat, if you must finance it, is to get a home equity loan. That should make it tax deductible so you will save some there and the loan rate should be much less. Watch out for financing at boat shows though as several tricks they use can extend the loan for ten to fifteen years and at a high interest rate at that.
If you are new to boating you will either keep on with it after you start or just plain get out of it totally. Most people don't keep their boats for ten years so that's at least one good reason not to get really long term financing for your boat or boating pleasure.
Boating information you need before you get a new boat
Make buying boat insurance as hassle free as possible
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