New vs. Used Boats: Which Boat Is Right for You? A Detailed Comparison of Costs, Reliability, and Repairs

In the market for a new boat but not sure whether to buy a new or used one? This guide will take you through all the considerations of buying new boats vs. used boats so you can make an informed decision on which boat is best for your needs:

The Cost of New Vs. Used Boats

It won’t come as any surprise that new boats are more expensive than used boats. However, that doesn’t mean new boats are unaffordable if that’s the option you are leaning towards. Gage Marine offers a variety of boat financing options, so your monthly payment fits well within your budget. That being said, the overall cost of a used boat is likely to be lower, which means you can potentially get more boat for your budget. Sometimes, checking out both new and used boats in person can help you better weigh the pros and cons and help you decide whether you are more drawn to new vs. used boats. On any of our listings, you can use the payment calculator to estimate your monthly/total cost.

The Reliability Of New Vs. Used Boats

New boats and used boats can both be reliable. That being said, you’ll have to take a much closer look at a used boat to ensure reliability. New boats come with warranties & provide that extra level of peace of mind. However, if you buy a used boat from a private sale, it can often be a gamble as to whether you’ll even be able to make it out on the water the next day! Luckily, Gage Marine carefully inspects all used boats they sell before putting them out on the lot so you don’t have to stress about a possible dud.

The Customization and Availability Options For New Vs. Used Boats

One big consideration to take into account when choosing between a new boat vs. a used boat is customization and availability. If you decide to buy a new boat, you can choose to order it to your exact specifications. You can add on all the extras and amenities you’ve ever dreamed of! However, if you buy a used boat, you’ll have the choice of what’s on the lot and any extras will have to be after-market parts and accessories. However, keep in mind that new, customized boats may take a while to get your hands on since they are built to your specifications. On the other hand, used boats are readily available for purchase and you can be out on the water the day after your purchase!

Learn More About New Vs. Used Boats

Have more questions about new vs. used boats or want to see the options for yourself? View Gage Marine’s inventory online or drop by either of our locations and our team can help you find your perfect boat!