The Ultimate Guide to Buying Your First Boat
Published on Nov 30, 2023
Deciding that it’s time to buy a boat is a huge moment in your life, whether it’s your first time buying or you’re looking to upgrade. With about 11,000 inland lakes, thousands of miles of water trails, and more freshwater shoreline than any other state in the US, Michigan is a freshwater boater’s dream.
You can explore the open waters, enjoy time with friends and family, or try your hand at fishing, but no matter what type of boater you are, there’s a lot to consider before setting out on your maiden voyage.
As the trusted leader in boating in Southwest Michigan, we’ve put together our top insider tips to guide you through the process of buying your first boat so you can make the best decision.
The First Step to Buying Your First Boat
Before you start shopping for your boat, it’s important to consider how you’ll be using it! This might seem obvious, but taking the time to really consider your must-haves is the very first step to prevent buyer’s remorse.
There are many options, such as Pontoon Boats (ideal for family outings and relaxation on calm waters), Wake Boats (perfect for wakeboarding, waterskiing, and making waves), Fishing Boats (designed for angling adventures with built-in storage for tackle and gear), and Luxury Cruisers (the go-to choice for those who want a premium boating experience).
Before you can choose the type of boat you want, consider the following:
Think About Speed, Performance & Features
Are you looking for a family-friendly boat for leisurely days on the water, or a boat suitable for surfing the waves? Perhaps you want something versatile, that can be used for both fishing and cruising. Identifying your primary use will help narrow down your options.
Family Cruising: A pontoon is perfect for those leisurely days on the water, with higher capacity for passengers, coolers, and enough space to spread out. Consider whether or not high-end finishes, entertainment systems, and comfort features for extended trips are important to you.
Water Sports: If you're into wakeboarding, waterskiing, or tubing, a wake boat or speed boat will offer the power, speed, and agility you need. Be sure to look for the specialized gear, storage options, and enhanced durability your activity requires, too.
Fishing & Adventure: A fishing boat offers specialized features, like livewells, rod storage, and built-in fish finders, to ensure you're ready for your next big catch.
Determine Size and Capacity Needed
Think about how many people will typically be on your boat. Do you plan to have large family gatherings or weekend get-togethers with friends? Consider the number of passengers and how much gear you’ll need to bring along.
Small Boats (Under 20 feet): Ideal for smaller crews or solo trips, boats under 20 feet are generally easier to handle and store.
Medium Boats (20-30 feet): Great for families and friends, 20-30 foot boats offer enough space for different activities, like fishing or lounging.
Large Boats (30 feet and up): Perfect for those who enjoy hosting larger groups or want added comfort for extended trips.
Consider Storage Needs
Next, consider your storage requirements. Boats require specific space and care during the off-season, which can be lengthy in Michigan! Consider the size of the boat in relation to your dock or storage space, whether on-site at your home or off-site in a facility. You’ll also want to think about whether you’ll need trailer storage, which can help add flexibility to transporting your boat from lake to lake.
Docking: Is there a marina or private dock available to store your boat? Be sure to double check that your desired boat’s dimensions fit!
Storage Options: Explore secure, year-round storage solutions for your boat, like right here at Gull Lake Marine, to keep it safe and ready for the next season.
Assess Your Budget
Like cars, boats can be found in a large range of prices, and your budget will play a significant role in narrowing down your options. Be sure to take into account the full cost of ownership, including insurance, storage, maintenance, fuel, and accessories.
New vs. Pre-Owned: Both new and pre-owned boats are great options, and which one is right for you will depend on your priorities. While new boats come with a full warranty and the latest technology, pre-owned boats can offer great value for your money.
Financing: If you’re taking advantage of financing options to help make your purchase more manageable, be sure to assess your overall monthly budget in relation to your income and other expenses.
Exploring Options for Your First Boat
Once you know your purpose and budget, it’s time for the exciting part; Exploring the brands and models best suited for you! Find a showroom that offers an expansive inventory of both new and pre-owned boats.
Then, take your time to explore various boat models, ask questions, and even schedule test drives to get a feel for the boats that interest you. Boating experts will be available to help guide you through the process, ensuring you make an informed decision.
With so many trusted boat brands to choose from, including Harris, JC TriToon, Malibu, and Chaparral, each has its own advantages. It's important to take a look at all of the features and benefits of the brand as it relates to your needs.
For example, Boston Whaler is known for its unsinkable boats, while Malibu is a top choice for wakeboarders. Choose a brand that aligns with your priorities to ensure a good match.
Finalizing the Purchase of Your First Boat
Now that you’ve chosen the type of boat you want to buy, it’s time to finalize the purchase! If you’ve chosen to finance your purchase, you’ll be guided through the application and approval process by your bank or boat dealer.
You may need to provide proof of income or other financial records in order to complete the approval process. Before you sign on the loan, you’ll also be required to obtain and provide proof of insurance on the vessel. After signing on the loan, you may have to register the boat with the State of Michigan before your first time on the water.
How to Register Your New Boat
Once you’ve found your perfect boat, it’s time to get it registered! In Michigan, most boats must be registered with the Michigan Secretary of State before they hit the water. You’ll need the following to register your boat:
Proof of ownership (such as the bill of sale or title).
Boat Identification Number (HIN), which is typically found on the boat’s transom.
Proof of purchase or any other required documentation for new or used boats.
Take these items to your local Secretary of State office to complete the registration process for your boat. Don’t forget to register your trailer, too!
It’s important to note that some boats are exempt from registration, including:
Watercraft 16 feet or less, propelled by hand, and not used for rental or commercial purposes.
Non-motorized canoes and kayaks not used for rental or commercial purposes.
Watercraft from a foreign country used here temporarily.
Insider tip: We’re happy to assist you with the registration process to ensure everything is in order before you head out on your first adventure. If you’re unsure about the process or need additional guidance, our team can point you in the right direction to complete the registration.
They Key to Outfitting Your New Boat
Boating isn’t just about the boat itself; it’s also about having the right gear to make your time on the water enjoyable and safe. Be sure to make a checklist of everything you need, from watersports gear to life jackets and fishing accessories.
Consider creating a list based on what the primary purpose of your boat is. Determine whether or not you’ll need things like towing accessories, fishing gear, navigation and communication tools, maintenance tools, and comfort accessories like coolers, shade, and deck mats.
Ensuring Your New Boat is Safe
Safety should always come first when you’re on the water. Make sure you have the right personal flotation devices (PFDs) for every passenger on board, including children. In addition to checking to ensure you’re in compliance with the State of Michigan’s laws, you can also use the following safety checklist before your first day on the water:
Life Jackets/PFDs: A U.S. Coast Guard-approved life jacket for each passenger, including children.
Throwable Flotation Device: A throwable cushion or ring buoy for emergencies.
First Aid Kit: A fully stocked kit to handle minor injuries or emergencies.
Fire Extinguisher: A marine-approved fire extinguisher, especially if your boat has a gas engine.
Flares or Distress Signal: To alert others in case of emergency.
Horn or Whistle: To signal your location, especially in poor visibility.
Throwable Safety Rope: For emergency situations to assist people in the water.
Get Ready to Join the Fleet
WIth over 800,000 registered boats in Michigan, buying a boat means that you’re joining one of the largest fleets of boaters in the country! Boating is an enjoyable and exciting activity, but it comes with its own set of responsibilities.
Before you hit the water, it’s essential to understand the best safety practices to protect yourself, your passengers, and others on the water. Consider taking a boating safety course online or in-person classes to understand the basics of safe boating practices. If you have teenage children who might operate the boat, a boater’s safety course is especially important.
Celebrate Your First Boat Purchase
After purchasing the boat, completing the registration process, completing necessary courses, and ensuring safety equipment is on board, it’s time to celebrate your maiden voyage! Your boat dealer will likely cover the basics of operation and maintenance before you leave the lot.
If you’ve chosen to have your new boat delivered to your dock instead, you have the advantage of your dealer being able to perform a demonstration as well. Be sure to use this time to ask any questions you have about operating and maintaining the boat; Proper maintenance and usage help protect your boat from unnecessary repairs as well as wear and tear.
First-Time Boat Buying Made Fun and Easy
Buying a boat is more than just a purchase; it’s the beginning of many incredible memories on the water. For over 110 years, we’ve been helping Southwest Michigan boaters create those unforgettable moments. Whether you’re looking for a family-friendly pontoon, a high-performance wake boat, or a versatile fishing boat, we’re proud to carry the most trusted names in boating all under one roof.
At Gull Lake Marine, we’re proud to offer a vast selection of boats and expert advice to make your first purchase a breeze. Ready to start your boating journey? Visit us at any of our locations in Grand Rapids, Bayside, South Haven, or Richland, or browse our inventory online today!
