New vs Used - that is the question....
kicking around buying first boat and want to make the best investment. Go new with warranties or used? Does the cost of new outweigh the uncertainty of used? If you trade yearly or bi-yearly with a bigger down payment to keep payments smaller what can you expect to loose per year? What about buying a year old boat with warranty for 4-5 years (new cost $70k but can get for around $55K) and trading that one every year? would you finance or just pay for in full but trade often? Not sure the best plan so reaching out to some of your ideas and past dealings with boats. Thanks in advance.
Regards,
1st time boat buyer
kicking around buying first boat and want to make the best investment. Go new with warranties or used? Does the cost of new outweigh the uncertainty of used? If you trade yearly or bi-yearly with a bigger down payment to keep payments smaller what can you expect to loose per year? What about buying a year old boat with warranty for 4-5 years (new cost $70k but can get for around $55K) and trading that one every year? would you finance or just pay for in full but trade often? Not sure the best plan so reaching out to some of your ideas and past dealings with boats. Thanks in advance.
Regards,
1st time boat buyer