8 Top Boat Buying Tips

You say you’ve found the ideal new Lund Boat for your needs, and you can’t wait to hit the water? That’s absolutely awesome—you’re about to have more fun than you ever thought possible. The boat buying experience can be a bit daunting, especially for first-time boat buyers, but never fear, future fishing boat owner, we’re here to help. These tips for boat buyers will help ensure that your big purchase goes smoothly.

Try it out

Take a sea trial prior to purchase. It’s the only way you’ll know for sure that the boat performs as you hope it will.

Go to a boat show

Not only will you be able to compare apples to apples, but many dealers offer buying incentives at the shows.

Check out the leftovers

If saving money is a priority, consider buying a model-year leftover. Sometimes dealers want to make way for the new model-year boats and will give you a slight break on the price to clear out a boat that’s been on the lot for a while.

Finance through your dealership

If you’re financing the purchase, consider using financing set up by the dealership. There will be cases where your bank or a marine lender can offer a better deal, but it’s rare. Boat dealers know how to make the process smooth and painless, and they usually have a stable of lenders they work with to get you the best terms.

Maximize your payments

If you’re financing the purchase, consider making a larger down payment and taking on larger monthly payments to get a shorter term. That’s often the best way to get a better interest rate and reduce the overall amount you’ll pay.

Prepare for additional costs

When purchasing a car, you’ve surely encountered a few additional costs like taxes or licensing fees. Buying a boat is no different. Be prepared for a cost-adding item or two to appear on the final bill.

Don’t forget insurance

Some lenders will require insurance prior to the purchase, but in any case, you’ll want that boat protected from day one, so it’s a good idea to investigate insurance before heading to the dealership.

Get some pointers

Ask the dealer if they’ll go through the boat with you and teach you how to use its systems. Most dealers want their customers to be satisfied with their experience, they'll be more than happy to show you basics like how to use the livewell and put up the Bimini top.