The Real Cost of Buying a Boat

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The real cost of buying a boat
1800 Approved Finance Solutions 33 Ereton
Dr. Arundel, QLD 4214 180077768 http//www.1800app
roved.com.au/
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The real cost of buying a boat
Dreaming of buying a new fishing boat or a luxury
yacht? Have you been frequenting boat shows and
can't wait to buy that new asset?
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The real cost of buying a boat
Whether youre buying a new or used boat, its
important to know the real cost of buying and
owning a boat so you can budget accordingly. Here
are some pointers to help you get going.
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The real cost of buying a boat
Purchase Cost - Consider the purchase cost as the
base cost because there will be a lot of other
expenses once you've purchased the boat or yacht.
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The real cost of buying a boat
So, when deciding on which boat to buy, list down
3 or 4 choices from the most expensive to the
most affordable. That way you can adjust your
budget accordingly without settling for one that
you don't really like.
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The real cost of buying a boat
Equipping Your Boat - Depending on the type of
boat you will buy, it may already be equipped
with accessories and options. But double check
and make sure that you have life jackets, flares,
radio communications, etc...
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The real cost of buying a boat
Oil and Fuel - As a rule of thumb, for average
use, figure youll use about a tank of fuel every
two weeks during the boating season. So, if your
boat's gas tank holds 50 gallons, and fuel
costs 5 per gallon, youll spend about 500 per
month on fuel during the season.
http//www.ebay.com/gds/How-to-Calculate-Boating-S
eason-Costs-/10000000177635825/g.html
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The real cost of buying a boat
Storage - Depending on how big your boat is, you
can store it at home or you may need to dock at a
marina. The costs will depend on your region and
the exact spot you wish to sail from.
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The real cost of buying a boat
Maintenance - Maintenance scales from washing the
boat down after use, to oil changes and
antifouling, and the regular servicing every 12
months or 100 hours. How much is involved will
depend on the size as well as the age of your
boat.
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The real cost of buying a boat
Insurance Insurance varies from state to state
and depending on the length of your boat. It is
advisable to compare quotes from different
insurance providers because premiums vary a lot.
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The real cost of buying a boat
With all the different costs involved, it is easy
to go over budget. The best thing to do is to set
your budget first before finally deciding what
type of boat to buy.
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The real cost of buying a boat
Think ahead and estimate your monthly boat
expenses especially during the season. Speak with
a finance expert for help.
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