Online Boating Exhibition

NauticExpo
  • MBM October cover
  • Motor Boat & Yachting December 2014
  • PBO cover Dec 2014
  • YM Cover December
  • November yachting world

Buying a boat advice

  • Tue, 20 Nov 2012

When buying a boat there are some key steps you should follow to make sure you get the perfect boat for your needs. Here you'll find Motor Boats Monthly's top tips to buying a boat.

Set a budget for buying your boat

Set a budget
Before you set foot on a single deck you need to think about how much money you want to spend on buying a boat. This might be a monthly repayment or simply an amount of money you are prepared to invest in your hobby.

It might well change as you start your search but you have to narrow the market somehow and price is an easy way to do it. It's worth remembering that if costs get out of hand it's very difficult to have fun, and fun is why you're here.

Costs to consider

  • Boat purchase price / monthly repayments
  • Moorings - approx £350 per meter per annum ie 10m craft costs £3500 pa
  • Fuel
  • Servicing -  approx £500 per engine per annum
  • Maintenance and lift out from £500
  • Insurance
  • Survey report