Buying a boat is more than just a purchase; it is a long-term investment that some boat owners are not prepared for. Before making this big decision, it is best to do your research and understand the costs related to boat ownership.

Insurance
 
Just like with any other vehicle, boat insurance is a must. It is a good idea to shop around before making your purchase in order to get an idea of how much your insurance policy may cost. In most cases when you are financing your boat, you will be required to obtain insurance before you are approved.
 
Gas Costs
 
Not only does your boat require gas, but so does your tow vehicle as well. In addition, keep in mind that upgraded engine options will burn more gas, in turn costing you more when it comes to gas. With gas prices constantly on the rise, this can be one of the more costly expenses to owning a boat.
 
Storage
 
During those harsh winter months, many boat owners may require the use of a storage unit. These can be pretty pricey, all depending on your location and the type of unit you wish to rent. These costs can be cut by storing your boat in your garage or on your property, but may not always be the best option.
 
Maintenance And Service
 
Proper maintenance should never be overlooked. With this being said, there are several expenses related to doing so properly. Not only do you need to maintain the exterior and interior of your boat, but you will also need to winterize your boat at the end of each season. Most importantly, proper engine maintenance is critical, especially due to the constant wear and tear associated with the starting and stopping while pulling skiers and wakeboarders.
 
Accessories
 
Whether you are looking to add a wakeboard tower, ballast system, or a wakeboard rack, who doesn’t want the best accessories for their inboard boat? Since watersports can be expensive hobbies, it is imperative to consider what types of accessories and features you desire for use on your boat before investing in your a boat.
 
Buying a boat is a big deal. Many times boat owners can reduce these costs by purchasing a used boat, instead of a new one.

Visit OnlyInboards to see our used inboard boat marketplace, as well as our large selection on inboard specific accessories.