How Do I Get The Best Deal On A New Boat?

Can you haggle with boat dealers?

Negotiating Your Boat Purchase Ask an honest dealer what the bottom-line price is, and you’re likely to get a straight answer.

That doesn’t mean, however, that you can’t make some special requests.

Dealers can sometimes add an extended warranty or an option or two to sweeten the deal, without taking too much of a hit..

Can you negotiate boat prices at Bass Pro?

No Haggle No Hassle® Boat & ATV Prices Most boats are sold through a process that requires negotiation to reach a final price. … At Bass Pro Shops / Cabela’s Boating Center, we know it can be a headache and a big turn off when it comes time to talk price, so we do business differently. We like to make boating fun.

Do pontoon boats hold their value?

While pontoon boats do not hold their value, you will still get value from using them. Pontoon boats lose their value quite a bit in the first couple of years. After the first few years, the depreciation will slow down.

What is the best pontoon boat for the money?

Here are the 10 best pontoon boats that money can buy for 2019.Larson Escape RT220 Cruz.Regency 254 LE3. … Bennington S21 Fishing Pontoon Boat. … Harris V270. … Sun Tracker Bass Buggy 16 DLX. … Crestliner 240 Rally DX. … Lowe SF 212 WT. … Bennington S168 8′ Narrow Beam Cruiser Pontoon Boat. … More items…

Do boats keep their value?

For this reason they do tend to hold their value well. … Clearly if a new boat is purchased and sold soon afterwards it will depreciate substantially. An older boat kept in very good condition may well hold its value or only depreciate by 10-15%.

Why are boats so expensive right now?

The cost of actually building a boat is ultimately the main reason for their high price tags. Unlike cars, whose manufacturing process is now almost wholly automated, boats have to be built mostly by hand. Vast shipyards are required, where often just a handful of boats can be built over the course of several months.

How do I get the best price on a new boat?

Want to Buy a Boat? Here are Some Tips for Negotiating the PriceBegin by Looking at Comparable Boats in the Area. … Make a Low Offer First — But Be Respectful. … Tally Up Any Repairs You’ll Need to Do in Your Head. … Check on the Insurance. … Don’t Get Too Hung Up on One Boat. … Ask for Some Extras to Be Tossed In (or Forego Extras)

What is the best month to buy a boat?

DecemberDecember is the best time to buy a new boat and get a great deal. In fact, if you’re looking for a bargain, between December 14 and the end of the year is the best time of all.

Is 650 hours a lot for a boat?

Much like high performance cars, some boat engines are not designed to last forever. If a boat is 10-15 years old, 200-300 hours is most likely not enough. You would want to see that number closer to 500 or more for a boat of that age.

What is a good interest rate on a used boat loan?

Because of this, creditworthy applicants can expect to find used boat loans with rates in the 4% to 5% APR range. For instance, Bank of the West (Essex Credit)—our overall top pick—offers interest rates starting at 3.99% APR for watercraft over $50,000, whether the boat is new or used.

What is the average markup on used boats?

Hulls: 15% to 30% for the factory and 10% to 30% For the boat dealer. Warrantees: 50% of the face value. Intrest rates. Most dealers try to add 2% to the APR.

Is it smart to buy a boat?

Boats are a good investment if you don’t overshoot your budget. If you research your options and go for a vessel that you can afford, nothing trumps the joy of spending time on the water. However, a boat can definitely also be a bad investment. A rule of thumb is to only buy a boat you can afford to pay for in cash.

Are new boat prices negotiable?

These builders generally don’t negotiate on price. If you want to negotiate, the builder will direct you, the buyer, back to the dealer. Regardless, it’s often best to buy through a dealer, as buyers are better serviced, and there’s usually no price benefit from buying direct.

What is the markup on new boats?

30 percent”Remember, the numbers can vary, but the typical markup in boat sales is maybe 30 percent. Don’t completely lowball him, though. Most estimates are that a dealer’s overhead is around 18 to 22 percent.

How much should I pay for a new boat?

Your Choice of Boat The average price for a brand new pontoon boat is around $35,000. That’s for the popular 22-foot pontoon boat size that can be seen on lakes and rivers all around America. You can find smaller pontoon boats for less than $20,000 and you could easily spend more than $50,000 as well.

Is it better to buy new or used boat?

When deciding to buy a new or used boat, Price is by far the biggest reason to go the pre-owned route. … Not only is the price lower, but like a used car, much of the value depreciation has already happened, so a used boat will hold its value better as well.

Is owning a boat dealership profitable?

8-12% is the most you could expect. Actually, some do make that 17% profit, on some of the models they sell. It all depends on so many variables. For example, some dealers don’t buy their stock on a floor plan basis, they actually pay cash for the boats they have in stock.

How far can a boat go on a tank of gas?

A typical cabin cruiser can expect to get anywhere from 1 – 2 miles per gallon. This makes cabin-cruisers one of the least gas efficient boats used by most recreational boaters. However, proper maintenance and careful cruising can help improve the boat’s gas efficiency.