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Tips For Buying A Boat


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  • BassResource.com Administrator

I noticed a lack of comprehensive information about boat buying across the Internet.  Both written and videos don't go into enough detail to help people buy boats.  So I put this video together to address that need.

 

Whether you're looking for a new or used boat, or your first boat ever, this video dives into the details, including information you rarely hear about.

 

Hope this helps!

 

 

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  • 2 weeks later...

Yeah man, I watched it twice already, it making me itch to buy my first boat :)

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  • BassResource.com Administrator

Ya - take better care of it so you won't need to buy another!

 

Michael Jordan Reaction GIF

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  • Super User
2 minutes ago, Glenn said:

Ya - take better care of it so you won't need to buy another!

 

Michael Jordan Reaction GIF

2 foot itis is a real disease....

 

Only thing I disagree with as far as the financing advice is to take the max amount of months and pay it off early. As you said in your video "Life happens" I'd rather pay $400 a month on a $200 note than pay $200, because life happened, on a $400 note. Believe it or not the bank that financed my last 2 boats had lower interest rates for longer terms. I'm not sure that is still the "going rate" but it's something to consider.

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  • BassResource.com Administrator

I don't think I said take the max amount of months, but I did say to pay it off early if you can.  But you're right, it pays to shop around for the best loan. I think I said that in my video (did I?).

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On 3/3/2021 at 9:43 PM, slonezp said:

Any advice on buying my 5th boat? :lol-047:

I started thinking about all the boats I owned in my 60 plus years of boating...had to stop at twenty because I ran out of fingers and toes !!

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  • 3 weeks later...

Great video Glenn! You hit all the points. Things we never consider when we're on the hunt for our first big boat. 

I'm on boat #13 at the moment and I never lost money on a boat which is in itself is a miracle. Buy something that everyone else wants! Basically, buy a boat that is desirable in the used market. There are dozens of 18' or 20' bass boats made but only a few are being sold for basically the same price they were new 10-20yrs ago. 

Another thing, buy used. Bass boats havnt had any significant changes in over 20yrs, motors and electronics have but hulls and trailers havnt. 

Follow Glenns advise and possibly mine and you'll have plenty of extra $$ for tackle and electronics.

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