Many of us dream about buying a boat. And for some boat enthusiasts, sometimes and after a long time, we are lucky enough to be in a position to buy a boat.
If you have never bought a boat before, it can be a daunting task. Luckily with lots of information on the internet, you can find out a lot by spending time researching.
In this 4-part blog post, we’re going to go through the 4 key questions before you buy a boat. Each day we’ll post the next question in the journey to buying a boat. Here’s William on buying a boat…
“In my 30 years of working with boat owners and clients, it’s always been critical to making sure our boat buying clients are crystal clear on 4 key questions. These questions are not rocket science and are really quite common sense, yet it has always concerned me how often these key questions were overlooked or not thought about in enough detail before some people went ahead and bought a boat.
It is critically important, as you don’t want to be sold into something just because it’s a boat dealers inventory and the salesperson needs to sell it, or it’s the boat they have the biggest commission in.
That’s why we created BASCO. We have no boat brands to sell, no inventory to move and no boat agencies. We provide independent and trusted advice that takes risk and uncertainty out of boat buying and boat ownership.”
By answering these 4 key questions you’ll be more solid in your boat search which will save you time, energy and money. You’ll be less likely to make a costly boat buying mistake.
Over the next 4 blog posts, we’ll cover the 4 questions to answer before you set out on your boat buying journey.
Of course, your mind might change along the journey to boat ownership, but each time changes occur, remember to come back and visit these four key questions again.
Here’s the first question:
What are you going to use the boat for?
This is important to identify as it helps to narrow down the types of boats that will be suitable for your main use.
Let’s now run through 6 key types of boat use. As you go through these, answer yes or no to each one, in your mind and it doesn’t matter if you answer yes to multiple uses.
Here are the 6 key types of boat use: What are you going to use your boat for?
- Business entertaining (yes or no?)
- Family fun times (yes or no?)
- Mates or spending time with friends (yes or no?)
- Sports, such as wakeboarding, skiing or fishing (yes or no?)
- Parties and events (yes or no?)
- Living aboard, more as a floating apartment than a boat (yes or no?)
- Something else, like sailing around the world (yes or no?)
We hope you were able to answer yes or no to each of the 6 areas, but don’t worry if you are unsure as we’ll recap them in tomorrow’s blog.
The next step 2 is to put those ‘yes’ areas into the order of priority. What’s most important to you and your family or current situation? What are you wanting to achieve by buying a boat, first, second and third?
For example, if you said yes to business entertaining, sailing and family times, then think about what is most important, second and third in the priority order of the usage. This is important because you’ll start to focus on what’s most important. The more focus you have, the less likely you’ll make a costing boat buying mistake.
So that’s the task for today – identify your boat usage priorities and put them in order.
In Part 2 of the How to Buy a Boat series – “Where will you use your boat“, we clarified what it means and also the important point about boat confidence, check it out here.
Note: Are you new to boating? or new to boating in Asia? If you want to get complete confidence in your boating decision, without high stress and uncertainty of brokers and dealers, check out the BASCO Boat Buyers Academy. The academy will get you up to speed on the in’s and out’s so there’s no costly boat buying mistake or, you’re still stuck at the dockside wondering.