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Questions to ask when buying a Speed Boat

What style of speed boat should you buy?

There are two main styles of speedboat – bow riders and cuddy cabins. Consider what you want to use your boat for, where you plan to use the boat and how many people you expect to be on board etc and most importantly what features you require. Knowing its purpose will assist you in choosing the right style for you. Bow riders and cuddy cabins can be towed on a trailer and launched into the water at many stunning locations. Alternatively, there are thousands of berths and moorings in the UK.

The difference between a bow rider and a cuddy cabin is below:

Bow Rider - A bow rider is a type of boat which has a seating area in the bow, the forward part of the boat. Bow riders are an extremely popular boat type among all kinds of boaters – from those new to boating, to seasoned veterans who have spent years on the water.

Bow riders are versatile, which is why nearly every boat manufacturer offers a bow rider line, so there are a lot of choices on the market.

Bow riders are generally designed for recreational use such as leisurely day cruising, recreational water sports such as water skiing and swimming. And they come in a variety of styles from luxurious to basic so offer something for everyone.

Cuddy Cabin – A cuddy cabin boat combines the agility of a bow rider with the versatility of a cruiser. The term “cuddy” means a small room or cupboard. A cuddy cabin typically does not have enough head room to stand but may include a berth and a toilet. Many owners use the cabin as a secure storage space for gear, as a changing room, or as a napping spot for the kids. It is also comforting for many boaters to know there is a toilet on board before heading out for a day on the water.

Cuddy cabins range in size from about 20 feet to 30 feet in length. They are a great choice of boat for those wishing to enjoy cruising, water sports and even casual fishing. Because there is a cabin on board there is also the option to have overnight stays in a marina or secluded cove etc on the larger sized cuddy cabins.

How much do speed boats coats?

Speed boats can vary wildly in price and prices will differ depending on size, style, condition and age. Think about whether you are after a restoration project, something pristine or top of the range and do a bit of research to get an idea of what the sort of speed boat you are looking for may cost.

Something else you need to remember is buying a speed boat does not just stop at the purchase price, there are also all the ongoing fees to consider like mooring costs, running costs (such as fuel prices) and maintenance costs.

What type of engine is best for my speedboat?

There are two choice of engine for your speed boat. An inboard engine and an outboard engine.

An inboard motor is mounted inside the boat and usually at the hull. Gas versions feature combustible engines with cylinders.

The outboard motor design means the engine is placed outside the boat, typically in the back or stern of the craft.

These come in both petrol and diesel, both of which have their good and bad points.
Boats with petrol engines tend to cost less to buy. This is because petrol engines are less fuel efficient than diesel engines and therefore cost more to run. Petrol engines generally cost more to maintain as more parts are required for each service (spark plugs, HT leads etc).

Diesel powered boats cost more to purchase as they are much more fuel efficient than petrol powered ones but will require less maintenance.

Generally speaking, petrol powered boats are also quicker than diesel ones, so this is another factor to consider when buying one. Weigh up all of the options and make the right choice for your situation.

Where can I buy a speed boat from?

Once you have decided the speed boat you want and how much you want to spend, you can begin your search. The first place to go is the internet; you will find thousands of speed boats on sale on the internet either through private sellers, dealers or brokers.

Buying through a private seller or dealer has its advantages as you will always get more information on the true nature and quirks of a boat from the owner themselves and they are often more flexible. Avoid private sellers and dealers that do not have a credible reputation.

Alternatively, you can use a brokerage company. Reputable brokers will have a great deal of experience in buying speed boats for customers, enabling them to detect a good deal when they see one. They will also have a variety of boats in one location and they can help to make the buying process as stress free as possible. Find a good broker either through by checking their advertisements or through recommendation from previous customers.
Buying a used boat can be a good idea for boaters with experience. New boaters might benefit from buying a new boat that comes with a manufacturer’s warranty. If considering a used boat, it is advisable to research the best used boat brands and models.
It is advisable to take the time to visit a few showrooms, take a tour through a marina and look around as many boats as possible in order to have a better picture on what sailing boats are for sale.

What are the estimated running costs of owning a speedboat?

Like with any type of boat, the costs will vary from boater to boater and boat to boat but working out the average running costs of owning a speed boat and how you plan to use it is very important. A good way of doing this is to ask other boaters for their knowledge and experiences. Below is a list of some of the running costs that you will need to factor in when buying a speed boat:

Mooring fees
Insurance
Boat maintenance
Fuel
Heating

Has the boat had a recent a survey?

When buying a second-hand boat, it is advisable to have a survey done by a qualified marine surveyor. They will advise on any faults on the hull and with the boat’s internal systems and highlight any issue the boat may have so you have peace of mind that you know exactly what you are buying.

What documents and paperwork will you need to buy a speed boat?

Having the correct paperwork in place when you buy your speed boat is important. This includes ownership papers, insurance, boat safety certificate etc. Make sure you have all of these in place when you buy

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