Strong's Marine - Lifestyle

New vs. Used Boats: Which Is the Best Value for Long Island Buyers?

Written by Strong's Marine | Dec 20, 2024 3:00:00 PM

New vs. Used Boats: Which Is the Best Value for Long Island Buyers?

Picture this: it’s a perfect summer morning on Long Island. The sun is rising over the horizon, the water’s calm, and you’re imagining yourself out there, wind in your hair, your boat slicing through the waves. But before you can make that dream a reality, there’s a big question to answer: Should I buy a new boat or a used one?

If you’re like many Long Islanders, you’re torn. Maybe you’re worried about the cost of a new boat, or you’ve heard horror stories about hidden issues with pre-owned ones. We get it. At Strong’s Marine, we’ve been helping families and boating enthusiasts make these decisions since 1945. With over 75 years of experience and 12 convenient locations across Long Island, we know a thing or two about finding the perfect boat for your needs.

By the end of this article, you’ll have a clear understanding of the pros and cons of buying new versus used, along with some expert tips to help you make the best choice for your boating lifestyle. Let’s dive in.

Understanding the Long Island Boating Market

Popular Boat Types in Long Island

Long Island’s waterways offer something for everyone, from fishing in the Peconic Bay to cruising the Long Island Sound. That’s why boats like center consoles, bowriders, fishing boats, and yachts are especially popular here.

Whether you’re an avid angler or a weekend adventurer, the type of boat you choose will influence whether buying new or used makes the most sense.

Seasonal Trends and Market Insights

Long Island’s boating season runs from late spring to early fall, with peak sales typically happening in the spring. Many opt to purchase before spring by attending boat shows from fall through winter, securing their boat after exploring the variety. Understanding the seasonal demand can help you score a great deal, whether you’re browsing new inventory or hunting for a pre-owned gem. 

Advantages of Buying a New Boat

Manufacturer Warranties and Modern Features

When you buy a new boat, you’re getting the latest in technology, design, and performance. From advanced navigation systems to eco-friendly engines, new boats come loaded with features that can enhance your boating experience. Plus, manufacturer warranties provide peace of mind, that may cover major repairs during the first few years of ownership. When considering a new boat, evaluate all the warranties included to understand how they safeguard your investment.

Customization Options for Your Needs

Buying new means you can tailor your boat to fit your lifestyle. Want a specific color scheme? Need extra seating or a fishing package? With a new boat, it’s all possible. You’re not inheriting someone else’s choices—you’re making it your own.

Lower Maintenance Risks in the First Years

New boats come with new parts, which means fewer maintenance headaches. You won’t have to worry about replacing worn-out components or dealing with unknown repair histories.

Why Buy from Strong’s Marine?

At Strong’s Marine, we take pride in offering a premium experience for our customers. Here’s why buying your new boat from us is a decision you won’t regret:

  • Exclusive Inventory of Premium Brands: We carry some of the best brands in the industry, including Cobalt, Regal, and Pursuit, ensuring you get top-notch quality.

  • Personalized Service for Long Island Buyers: Our team listens to your needs and guides you through every step of the process, from choosing the right boat to financing options.

  • Ongoing Support and Maintenance Packages: We’re here long after your purchase, with each new boat purchase we offer our Total Care Commitment as a part of our dedication to keeping you on the water and keeping your boat in shape.

  • More than handing over the Keys: Our team provides our new boat owners with a full tank of fuel, captains lessons, a full vessel detail, and a safety package. 

Challenges of Buying a New Boat

The Higher Price Tag

There’s no way around it: new boats cost more upfront. While the perks of a new boat often justify the investment, it’s essential to determine if it fits your budget.

Depreciation: What You Need to Know

Like cars, boats lose value over time. The biggest drop happens in the first few years, so if resale value is a concern, this is something to consider. However, purchasing a used boat will also result in depreciation.

Advantages of Buying a Used Boat

Cost Savings: A Significant Factor

Used boats are generally more affordable than new ones, allowing you to get more boat for your money. This can be a major advantage if you’re new to boating or upgrading to a larger vessel.

A Wider Selection of Proven Models

With used boats, you’re not limited to the latest models. This gives you access to boats with proven track records and plenty of customer reviews to guide your decision.

Faster Availability

Buying used often means you can get out on the water faster. With no wait times for orders or customizations, you’ll be boating before you know it.

Challenges of Buying a Used Boat

Potential for Hidden Maintenance Issues

A pre-owned boat may come with wear and tear. Without a thorough inspection, you could inherit problems that lead to unexpected expenses.

Limited Warranty Options

Unlike new boats, used boats often don’t come with warranties. This means any repairs are entirely on you.

Fewer Customization Opportunities

When you buy used, you’re getting the boat as-is. While this isn’t necessarily a bad thing, it means you have less control over features and aesthetics.

Key Considerations for Long Island Buyers

  • How You Plan to Use the Boat: Are you fishing, cruising, or waterskiing? Your intended use will impact your choice.

  • Your Budget and Financing Options: Factor in purchase price, insurance, and docking fees.

  • Maintenance and Docking Costs in the Area: Long Island has plenty of marinas, but costs can vary. Be sure to budget accordingly.

Where to Find New and Used Boats in Long Island

Trusted Dealerships and Local Marinas

Dealerships like Strong’s Marine offer reliable options and expert advice, making them an excellent starting point. We fairly price our pre-owned inventory and assess the entire U.S market so you can feel confident in your purchasing decision.

Online Marketplaces and Classifieds

Websites like Boat Trader and Facebook Marketplace can be good resources, but be cautious about scams and ensure thorough inspections.

Boating Shows and Events

Long Island hosts several boating shows, offering a chance to explore a variety of models in one place.

Expert Tips for Making the Right Choice

  • Inspection Tips for Used Boats: Consider conducting a sea trial of the vessel so you can see how it handles on the water. You may also want to consider an survey of the boat if it is older.

  • Negotiating the Best Deal: Whether buying new or used, don’t hesitate to negotiate. Many dealerships are open to discussions.

  • Consulting with Local Boating Experts: Talk to other boaters and local dealers to get advice tailored to Long Island’s unique boating market.

Conclusion

Choosing between a new and used boat can feel overwhelming, but it doesn’t have to be. By weighing the pros and cons, considering your lifestyle, and working with a trusted dealer like Strong’s Marine, you’ll find the perfect boat to make your Long Island dreams a reality. Ready to get started? Visit one of our 12 locations or contact us today to explore your options!