Thursday, October 15, 2009

Buy a Bigger Boat Number 8

If you thought the boat you want is big enough, you may be wrong. That’s why we came up with the top 10 reasons to buy a bigger boat.

Reason # 10: It’s the economy, stupid.

Reason # 9: Tax Incentives

Reason # 8. Prevent value loss

As a smart boat buyer, you have to face two simple facts: First of all, boats are like cars in that they lose a lot of value as soon as you “drive off the lot”. Second, no matter how big of a boat you buy, soon after your first cruise you will immediately start planning to buy an even bigger boat. That's just what boaters do.

When you consider these factors, the cost of buying a boat, losing a bunch of money on it, and then buying the bigger boat later will add up to be much more than if you had simply bought the bigger boat now. Buying the bigger boat now may also quell your desire to trade up to an even bigger boat (at least temporarily!)

###