| Usually personal finances are often a key factor in the | | | | recurring ones, like storage, slip rental and insurance. |
| decision to buy a new or used boat. | | | | Always keep in consideration that yearly cost of |
| However, there few other factors should be | | | | operating, maintaining and repairing orreplacing |
| considered. That is if you are planning to go for aused | | | | equipment averages about $50 per foot, but can rise |
| boat then there is a very good chance that you get | | | | as high as $150 if you have amarina do all the work to |
| into spending even more, for all theminor damages and | | | | maintain your boat in pristine condition. Age, use, |
| upgrades, your boat's price tag and the interest on | | | | material andquality of construction all affect annual |
| your boat loan, if youhave one, are foreseeable, | | | | expenses. Before buying boats do your |
| obvious costs of ownership. | | | | homeworkregarding the budget not only the cost of |
| It's the not-so-obvious costs, however, that can take | | | | the boat, but it should include all the charges |
| the wind out of your sails if you have not budgeted for | | | | frominsurance to the cost of your ownership. |
| them, whether they areone-time fees, like sales tax, or | | | | |