The Best Season to Buy a Boat
When Buying a New Boat, Timing Is Everything
Summer seems like the most obvious time to buy a new boat. But could buying a boat during a different month offer any advantages? The boating industry has ups and downs, and both the prices and availability of boats reflect these shifts.
Keep reading to learn what you’ll experience when buying a new boat depending on the time of year, and learn about the factors that you may need to consider.
Benefits of Buying a Boat During Different Times of the Year
Spring
Many prospective boat owners prefer to buy in the spring in anticipation of the following summer months. Plus, buying in the spring allows you to take your pick before the rush of summer boat buyers comes along. Unfortunately, boats tend to be priced relatively higher than average during the spring. Still, buying during this time allows you to secure your purchase in advance of the water’s best days, and work on any upgrades or maintenance as necessary.
Summer
Stuck in the hot weather without a boat? It’s not too late to purchase a new boat, even later into the summer months. Boats are typically priced the highest during the summer. Keep this in mind if you are hoping to budget cautiously. That being said, some manufacturers have end-of-summer sales to get rid of stock they were hoping to sell before the fall, so you may be able to take advantage of this.
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Fall
Many retailers sell boats at reduced prices around September or October, making this a great time to snag a great deal. Plus, you won’t have to worry about competing with the rush of summer shoppers to secure the boat you want. On the downside, the supply of boats available might be relatively low during this time.
Winter
Boats might be the last thing you think about during winter. However, these chilly months are an exciting time for the boating industry. That’s because winter is boat show season. This period finds manufacturers and retailers hosting events that display new boat models and upgrades. Boat shows often come with sweet sales that you’ll want to take advantage of, so you can look forward months ahead to a summer on the water.
Factors To Consider When Buying a New Boat
Boat Shows
No matter which season you plan on buying your boat during, it’s never a bad idea to attend a boat show. These shows are most frequently held in the winter, but can be found year-round. These gatherings showcase new boat models and features and offer great deals on new and old boats. By visiting a boat show, you’ll get ahead of the curve, even if you’re not purchasing a boat right away. Plus, what better way to warm up your winter than visiting a show that gives you a taste of your favourite summer hobby?
Dealer and Manufacturer Incentives
Learn how to spot a good deal, and you’ll catch a stunning boat at a low price. Here’s one strategy: take advantage of manufacturers’ incentives. Often, dealers will be rewarded by manufacturers for initiating successful sales of their products. As a result, dealers will do almost anything to sell boats. This may mean that they’re willing to offer boats at a discount, or offer free products or services to your purchase. Ask your dealer about these options.
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Storage Until Summer
If you want to buy a boat before summer, you’ll need to find a way to store it. If you cannot access your own storage space, see if your boat retailer offers the ability to store your new purchase before it’s ready for use.
Seasonal Pricing
Consider the advice we’ve included above regarding how the time of year affects boat prices. The lowest prices are typically found during fall and winter, but each season often has its own sales and specialties.
Using It Right Away vs Waiting
Are you heading straight to the pier, or are you planning out a summer retreat months in advance? If you’re in no rush to use your boat immediately, you’ll be better off buying your boat during the fall or winter. You’ll need to patiently wait for the opportunity to take your new purchase out on the water, but with the lower price tag, your wait will surely be worth it.
READ MORE: How to Determine Which Watercraft Best Suits Your Lifestyle
Getting The Best Deal
By following trends, researching your boat supplier, and considering the timing of your purchase, you’ll set yourself up for a transaction that earns you a fantastic boat at an impressively fair price. Don’t be afraid to ask your retailer any questions about seasonal deals, upcoming boat shows, and other factors that may need to be considered.
Ultimately, there is no “wrong” time to buy a boat. If you believe you’re ready to buy and you’ve considered the factors mentioned above, then you’ve found the right time to set sail on a new purchase.