Buying a Boat – Where to Start

So you are thinking about buying a boat! But how do you go about buying a boat? Where do you start?

Buying a boatYou need to ask yourself several questions.

You also need to consider whether you are going to able to spend enough time on the boat to justify the large investment. So many people buy a boat, and then work or life takes over and they then spend less than 4 weeks in total on the boat. They still have the running costs of maintenance, licensing, moorings, insurance and possibly finance payments to spend out on and they are not actually benefitting greatly from their dream boat. It is important to make sure that you will have enough time in your busy life to spend time enjoying your new investment. If you are not sure about whether you will have enough time to justify the expense of purchasing a nd maintaining a new boat, check our our section on shared boat ownership for an alternative method of enjoying the sailing life at a fraction of the cost.

What Is My Budget?

It could cost you just £300 for a second-hand dinghy, and a few thousand for a good second-hand yacht.  If you are willing to spend some time and money refurbishing a boat you could get a cheap wooden boat for little money. They are cheaper than fibreglass boats but the latter take less maintenance. Classified advertisements in sailing magazines or on the web are a good source of information and will give you an idea of prices you will be expected to pay.

Contacting your local (or local to where you are going to sail) sailing club would provide a great source of information and can often provide mooring services, boat maintenance facilities and parts at much reduced prices.

At the end of the day, you can have as much fun in a boat costing £200 as you can in one costing £200,000.

For more information

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