Many people who fall in love with the idea of owning a boat become blind to the fact there are many expenses that need to be addressed during the time you are a boat owner. Most fall into the trap of thinking they need to lay out the money for the boat, and the other expenses are not going to amount to anything significant. A year later they wonder how they can afford keeping the boat because they did not anticipate all the following additional expenses in owning a boat. Boatmo.com is helping their clients with a website that helps them save money when shopping online and heading out to the boats sale.
1. The Paperwork – Just like owning a car, there is going to be paperwork involved that can cost a pretty penny. Your boat license, permits, fishing license, and insurance are costs that can be significant if you are not setting aside the cash to cover these before they come due.
2. Safety Equipment – The boat owner is responsible for the safety of every passenger in that boat. Boat accidents occur on the water every day, so buying the appropriate safety gear and keeping it on the boat will ensure your passengers are going to be in the best position to stay safe.
3. The Marina – If you love the idea of heading to the marina and jumping in your boat already docked in the water, be prepared to pay up each month. Marina fees can be quite expensive, so either shop around or consider spending money on getting a trailer for your boat instead.
4. Boating School – At boating school you will learn all about how to navigate your boat on the water. These schools also offer safety classes, essential for keeping your passengers safe in the event that something goes wrong fast while you are far off shore out at sea.
5. Boat Maintenance – In order to make certain your boat is at the ready when you are your group want to have fun on the water, it has to be maintained on a regular basis. Boat repairs and maintenance can be costly, budge accordingly by setting aside a little each month to repair the boat.
6. Winterizing – When the water is too cold to take the boat out, this means you need to have the boat winterized so it is protected and ready to go when the warmer weather arrives. This is an annual fee you need to be aware of each fall.
Take into account these six additional boating costs so you are not caught off guard during the year while you are enjoying your boat.