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Bass Boat Purchase

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Help me make up my mind on one of two bassboats.

 

1 2005 tritontr 176 with a 115 opti on it. He figured around 300 hours.  I have cash for this.

2 2014 triton pro17 22500 brand new.  would need to borrow 10000.  

 

Im not sure what way to go.  I think i will kick myself if i get the used one and there is problems.

the one you have the cash for 

Figure on problems, and factor in the cost.  The cash deal will likely be your best bet. 

Only you can make that decision. No one knows your financial situation better than you.

I just went through the process a few weeks ago.

I chose new.

If you can get a loan with a low enough interest rate, hold onto some cash for a rainy day and take out a bigger loan/make payments.I got my boat loan at 2.4%, which in the grand scheme of things, that interest that will build over the life of the loan is peanuts compared to what I have continued to put into my boat to upgrade/repair/operate it.

 

You definitely won't be mad with a 2014 new Triton rig.....

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