It’s seen you through some of your happiest times, it’s your favourite place to escape to and keeping it seaworthy has been a labour of love. Your boat carries sentimental value, but over time, there may be a good reason to consider upgrading to a new one. If the maintenance costs no longer weigh up, you want something bigger for sports activities, or a shiny new technologically advanced model is catching your attention, it may be time to upgrade. Read our tips for deciding if and when to do this.
Different types of boats bring different experiences to the water
To improve or to replace
There can be many reasons for deciding to upgrade to a newer second-hand boat. Although your first boat will always remain a symbol of accomplishment – after all, it takes impressive skill and commitment to learning the ropes of boating! – another type of boat might better suit your needs now. Ask yourself these questions about whether you should improve your current boat or consider a newer one.
Is it big enough?
The most important factor determining upgrading an older boat is whether it’s still fit for purpose. It’s common for boaters to first commit to a smaller boat that is simpler and easier to use. However, spending more time on the water usually means that more friends and family members will want to join you. In this case, upgrading to a larger boat with more seating, or even a cabin for overnight stays, is a logical option. Keep in mind that the general rule is the larger the boat, the more expensive it is to maintain – annual maintenance costs will increase accordingly, and berthing and storage are usually charged by size. Refer to the cost breakdown in our boat pricing guide.
Invest in more space for longer cruises
Do you want to do more on the water?
Upgrading a dinghy or a small fishing boat to a larger powerboat, for example, opens up a whole new world of activities and adventures. You can experience the thrill of wakeboarding, water-skiing, diving, stand-up paddleboarding and other sports if you have a boat that’s large enough to hold the equipment and powerful enough to reach optimal locations. Similarly, if you’re considering longer, more advanced fishing trips, a boat built for this purpose is worth the investment.
Are the upkeep costs worthwhile?
Older boats will always incur more expenses over time, whereas the maintenance costs of newer boats are relatively low. Whether you’re looking at repairing an engine or replacing a corroding floor, your money may be better spent on a newer model. Even aesthetic things like a substantial paint job, re-upholstering or reconfiguring seating can be expensive. Another example is when the boat’s speed and handling no longer meet your requirements. Some boats have problems maintaining proper balance when a two-stroke outboard engine is changed to a heavier four-stroke engine. Read more about boat maintenance.
Painting and maintaining an older boat can cost more in the long run
Could you save on tech upgrades?
Newer boats typically come with in-built electronics that provide an even better boating experience. From fish detectors to top-of-the-line navigational systems and lights, opting for a boat with these included can save you money in the long run.
Consider any electronic upgrades when deciding to purchase a newer boat
Buying a new second-hand boat
If you arrive at the decision to upgrade, congratulations! Exciting times are ahead. Whether you’re choosing a larger cruiser boat to accommodate a group, a high-performance boat for sports and activities, a newer boat needing less work or a boat equipped with the latest tech, you may be wondering when is the best time of year to buy a used boat. In our expert opinion, there’s no bad time! Buy in the spring-summer peak season for maximum use straight away, or wait until autumn, when fewer people are shopping for boats – less demand means lower prices and you’re likely to get a great deal. Browse boats for sale.
