From figuring out what kind of boat you need, to navigating surveys and sea trials, to avoiding buyer’s remorse, there’s a lot to think about.
But with the right approach (and the right community behind you), buying a boat can be not just doable—but exciting.
Whether you’re a first-time buyer or looking for your next adventure vessel, this guide walks you through each step of the process so you can shop with confidence and avoid common pitfalls.
Before you get swept up in glossy photos or swoon over teak decks and flybridges, take a step back and ask yourself: What do I actually need this boat to do for me? It’s one of the most important—and most overlooked—parts of the buying process.
Too often, buyers fall in love with the idea of a boat. They imagine sipping coffee on the aft deck in the morning sun, crossing oceans, or entertaining family and friends at anchor. While the dream is real and worth aspiring to, it’s critical to balance it with the practical reality of your life right now.
Are you still working full-time? Do you only get two weeks of vacation per year? If your current schedule means your boat will mostly be used for weekend getaways or short summer trips, you may be better off with a smaller, faster vessel that’s easy to maintain and gets you to cruising grounds quickly. On the other hand, if you’re transitioning into retirement or remote work and planning to spend weeks or months aboard, you’ll need a boat that prioritizes comfort, storage, and long-term livability.
Here are some key questions to guide your thinking:
One of the first big decisions you’ll face when buying a boat is whether to go new or used. Each option has its advantages—and its tradeoffs. What’s best for you depends on your budget, experience, and how comfortable you are with ongoing maintenance and repairs.
Buying New: Peace of Mind, at a Price
A brand-new boat comes with obvious perks: it’s clean, unused, and typically backed by a manufacturer’s warranty. You’ll have access to the latest technology, fuel-efficient engines, integrated navigation systems, and all the modern amenities. Plus, you can usually customize layout, colors, and optional features. There’s also the confidence that everything is starting at zero hours—no wear and tear, no surprises.
But all that shine comes at a cost. New boats depreciate quickly, often losing 20–30% of their value in the first few years—much like cars. Insurance tends to be more expensive, and dealer markups or optional upgrades can drive the price even higher. If you’re not planning to keep the boat long-term, that depreciation can hurt when it’s time to sell.
Buying Used: Value, Upgrades, and Real-World Lessons
Used boats, on the other hand, offer tremendous value—especially for first-time buyers or those with DIY skills. When you buy used, you often get extras thrown in: upgraded electronics, dinghies, spare parts, tools, custom canvas, and more. Many older boats were built with sturdier materials and simpler systems, and some have been lovingly maintained by experienced owners who’ve worked out the kinks.
That said, buying used requires more diligence. A neglected vessel can become a money pit if you don’t spot hidden issues early. This is where a marine surveyor is essential. Look closely for signs of water intrusion, outdated wiring, engine hours, deferred maintenance, and general upkeep. Ask for service records, and don’t hesitate to ask the seller detailed questions about the boat’s history.
So, What’s Right for Most Buyers?
For many buyers—especially those new to boating—a well-maintained used boat from a reputable private seller often offers the best bang for your buck. You skip the steep depreciation curve, and if you do your homework (including a survey and sea trial), you’ll likely get a boat that’s already been upgraded and outfitted for real-world use.
Whichever path you choose, make sure you’re factoring in more than just the purchase price. Ongoing maintenance, insurance, moorage, and operating costs vary widely depending on the boat’s size, age, and systems. Buying smart at the beginning can save you thousands—and a lot of headaches—down the line.
Before you dive into listings or start dreaming about sunsets at anchor, it’s important to get clear on what kind of boat fits your needs and lifestyle. Boats come in all shapes and sizes, each designed with different activities, conditions, and comfort levels in mind. Are you looking for weekend getaways, full-time cruising, serious fishing, or just relaxed days on the lake with family and friends? The right boat for one person might be completely wrong for someone else.
Below, we’ve broken down a few of the most common boat types—along with who they’re best suited for—to help you narrow your search and make a more informed decision. Use this as a starting point, and don’t be afraid to explore. The perfect boat is out there—it just depends on how you plan to use it.
Trawlers
Best for: Long-distance cruising, full- or part-time liveaboard, fuel efficiency
Trawlers are built for range, comfort, and economy. With their displacement or semi-displacement hulls, they’re not fast—but they’ll take you far. Ideal for slow, scenic cruising and extended stays aboard, trawlers often feature roomy interiors, full galleys, and ample storage. Many have flybridges and covered walkarounds, making them comfortable and safe for all-weather voyaging. They’re a popular choice for couples or retirees planning the Great Loop, the Inside Passage, or just a lifestyle afloat.
Sailboats
Best for: Lower fuel costs, hands-on traditionalists, bluewater passagemaking
Sailing is as much about the journey as the destination. Sailboats appeal to purists who enjoy harnessing wind power and being deeply involved in their vessel’s operation. They’re generally more affordable to run (thanks to low fuel use) and can be incredibly seaworthy for offshore cruising. There’s a learning curve—and more physical effort—but many find the payoff in self-reliance and silence at sea well worth it. Great for solo sailors, adventurous couples, or budget-conscious cruisers with time to spare.
Center Consoles
Best for: Fishing, day trips, quick runs to the sandbar
Fast, agile, and easy to maintain, center consoles are the go-to for anglers and recreational boaters alike. The open deck layout provides 360-degree access, ideal for casting, trolling, or just lounging with friends. Most center consoles are trailerable and easy to launch, making them a good choice for weekenders or part-timers who want flexibility without dockage costs. Look for features like livewells, rod holders, and shallow draft if you’re aiming for inshore fishing.
Cabin Cruisers
Best for: Weekend getaways, comfort cruising, small families
Cabin cruisers strike a balance between performance and overnight comfort. Typically equipped with sleeping quarters, a galley, and a head, they’re great for short-term coastal trips or relaxing weekends on the water. With modern amenities and smooth handling, they’re a good option for boaters who want to enjoy cruising without committing to full-time life aboard. Ideal for families or couples who want to escape for a few nights without sacrificing comfort.
Catamarans
Best for: Stability, spaciousness, and shallow-water cruising
With two hulls and a wide beam, catamarans offer incredible stability and living space. Popular among liveaboards and charter operators, cats provide roomy salons, wide decks, and shallow drafts—perfect for exploring anchorages others can’t reach. They’re available in both power and sail models, and their level ride appeals to those prone to seasickness. While often more expensive up front and at the dock (due to width), many find the comfort well worth it.
Pontoon Boats
Best for: Inland lakes, entertaining, family-friendly fun
Pontoons are flat-decked boats supported by two or three aluminum tubes. They’re ideal for calm waters, like lakes or slow-moving rivers, and offer unmatched space for lounging, barbecuing, and socializing. Many are outfitted with sound systems, sunshades, and even water slides. They’re not designed for big seas or long trips, but if your goal is low-key fun close to home, they’re hard to beat.
Still Not Sure?
If you’re still unsure which type of boat is right for you, start talking to other boaters. Join online forums, attend boat shows, or tag along with friends who own different types of vessels. Better yet, charter or rent a few boats before buying. The right boat isn’t just about specs—it’s about how you plan to use it and how it makes you feel when you’re out on the water.
Pro Tip: Go to a boat show. It’s one of the best ways to explore a wide range of boats, styles, and layouts all in one place. You can compare features side by side, climb aboard different models, and get a real feel for space, fit, and finish—something photos and listings just can’t deliver. Plus, you’ll have the chance to talk directly with manufacturers, dealers, and other boaters, ask questions, and even attend seminars on everything from maintenance to cruising routes. Whether you’re narrowing down your options or just starting out, a boat show can save you weeks of research and help you make a more informed decision.
Now the fun begins.
Where to look:
Once you’ve found a few listings that interest you:
Reach out to the seller and ask smart questions:
Pro Tip: Private sellers are often more transparent and flexible than brokers. But do your diligence either way.
Once you’ve found a boat that looks promising, the next step is to arrange an in-person viewing. This is your opportunity to assess the vessel’s condition firsthand and start to get a feel for whether it’s truly the right fit. But it’s important to set expectations: this is typically not a sea trial or test drive. Most sellers won’t take the boat off the dock until an offer has been made and accepted, contingent on a successful survey and sea trial. Think of the viewing as a “walk-through inspection”—your chance to look closely, ask questions, and verify that the listing aligns with reality.
When viewing the boat, bring a flashlight, a camera, and a notepad. Take your time and don’t be afraid to poke around. Open every locker and hatch. Look in the bilge, under cushions, and behind panels. You’re looking for signs of water intrusion, like staining, warped wood, bubbling or delaminated veneer, mildew, or soft spots in the sole (floor). Smell matters—a musty odor can indicate mold or standing water in hidden areas. Check for the condition of hoses, wiring, and connections. Look for corrosion around through-hulls and battery terminals, and make sure systems like lights, pumps, and electronics power on (if shore power or batteries are connected).
This is also a great time to ask the seller questions: How long have they owned it? What projects have they completed? What systems have been upgraded or neglected? Have they cruised it regularly or has it mostly been sitting? Their answers will give you insight not just into the boat, but into how it’s been maintained. If things feel off or if the seller is evasive, trust your gut—there are always more boats. A thorough viewing sets the tone for your offer and helps avoid surprises later in the buying process.
Making an offer on a boat marks the transition from interest to intent—and it’s more than just a handshake. A formal Purchase and Sale Agreement (PSA) outlines the terms of the deal, including price, responsibilities, and most importantly, any contingencies that must be satisfied before the sale is finalized. Common contingencies include a successful marine survey, confirmation that the vessel is insurable, and—if applicable—approval of financing. These conditions protect the buyer from being locked into a purchase if critical issues arise, and they set clear expectations for both parties.
When submitting an offer, buyers typically include a good faith deposit, usually around 10% of the offer price, which is held in escrow by a neutral third party—often a yacht broker, attorney, or marine title company. This deposit demonstrates the seriousness of the offer and gives the buyer time to complete due diligence. Once received, the seller can choose to accept, reject, or counter the offer. If accepted, the PSA becomes binding and includes a series of deadlines for inspections, financing, and closing steps. Failing to meet these deadlines—without a mutually agreed extension—can void the agreement or cause the buyer to forfeit their deposit.
To navigate this process smoothly, many buyers engage a marine title and documentation company. These professionals manage the lien search, ensure the title is clear, oversee fund transfers, and handle necessary registration or Coast Guard documentation. It’s a small but crucial investment to ensure everything is done correctly and securely. With the right protections in place, both buyer and seller can move forward with confidence and clarity, knowing the deal is well-structured and fair.
A marine surveyor is an independent professional who inspects boats to assess their condition, safety, and market value. Think of them as the equivalent of a home inspector, but for vessels. Most are certified by reputable organizations like the Society of Accredited Marine Surveyors (SAMS) or the National Association of Marine Surveyors (NAMS). These credentials ensure they’ve met strict standards of training, experience, and continuing education. Some surveyors specialize in sailboats, others in powerboats, and some in commercial vessels—so it’s important to find one with experience relevant to the type of boat you’re buying.
Hiring a marine surveyor is one of the smartest decisions you can make when buying a boat. A good surveyor will crawl into every compartment, tap the hull, inspect the electrical systems, examine the rigging, and review safety gear—often turning up issues even seasoned boaters miss. Their detailed report not only helps you understand what you’re buying but is also typically required by insurance companies and lenders. To find a reputable surveyor, start with recommendations from other boaters or local yacht clubs. You can also search directly through SAMS or NAMS directories. Always ask for references, request a sample report, and confirm they’re independent (not affiliated with the seller or broker). A few hundred dollars spent on a survey can save you thousands—and a whole lot of regret—down the line.
You’ll get a written report—often required by insurers—that tells you what’s solid, what needs work, and what’s a deal-breaker and will give you a fair market value for the boat you’re interested in buying, often with comparable sale inforamation
Stay in Control: If problems are found, renegotiate or walk away.
A sea trial is essentially a test drive for a boat—your opportunity to see how the vessel performs in real-world conditions before finalizing a purchase. While photos and surveys can tell you a lot about a boat’s condition, nothing replaces being at the helm, feeling how it handles, and hearing how the systems perform under load.
During a sea trial, you’ll take the boat out on open water, typically for an hour or two, with the seller or broker onboard. A good sea trial will include running at various speeds, testing the engine(s), electronics, steering, trim tabs, and navigation equipment. You’ll also want to inspect bilge pump operation, fuel flow, vibration, and handling in different sea states—if possible. It’s not about going fast or far; it’s about learning how the boat behaves underway and identifying anything that might not show up in a dockside inspection.
If you’re serious about the purchase, consider bringing a marine surveyor or mechanic with you. They can spot issues a buyer might miss—like overheating, engine hesitation, steering lag, or exhaust smoke under throttle. Take notes, ask questions, and don’t be afraid to point out anything that feels off. The goal isn’t just to confirm the boat is seaworthy—it’s to make sure it’s the right boat for you.
During the trial:
The closing process is the final step in buying a boat, where ownership is officially transferred, funds are exchanged, and all paperwork is completed. While it may seem straightforward, a clean and secure closing requires careful attention to detail—especially when significant money, legal ownership, and potential liabilities are involved.
Most buyers and sellers choose to work with a marine title and documentation company to guide this process. These professionals act as a neutral third party to manage the secure transfer of funds, ensure the title is clear, and verify that any existing loans, liens, or debts against the vessel are fully paid and satisfied before the sale is finalized. This step is essential; buying a boat without confirming that it’s free of encumbrances can leave you on the hook for someone else’s unpaid loan or repair bill.
In addition to handling the money and title transfer, the title company also assists with state registration, licensing, Coast Guard documentation (if applicable), and any sales tax or registration fees. They’ll prepare the Bill of Sale, submit required forms to the appropriate agencies, and ensure everything is filed correctly. This removes the guesswork and risk for both parties—making sure you walk away not just with a boat, but with clean legal ownership and full peace of mind.
Congratulations—you own a boat!
Before casting off, take time to:
Buying a boat isn’t just a transaction—it’s a gateway to a lifestyle. And like all adventures, it’s better when you’re prepared, supported, and connected to people who’ve been there before.
That’s why we built WalkTheDock. To help you buy with confidence, find trusted marine pros, and stay connected to a community that understands what life on the water is really about.
Welcome aboard!
