BOATING ON A BUDGET
Myth #1: The best two days of your life is the day you buy a boat and the day you sell it.
Fact: The best two days of your life come every weekend when you take the boat out with family and friends! Learn More


BOAT BUYING MYTHS
 
MYTH #2

I cannot afford a boat.
Fact: You can finance a boat, just like a car – in fact, you can own a new boat for as little as $200 month!* In 2007, the average retail price of an outboard boat was...

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MYTH #3

Banks have stopped lending.
Fact: While it is true that some banks are not underwriting boat loans, there are plenty of banks and finance companies that are making boat loans.

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MYTH #4

Boat Insurance is too expensive.
Fact: Boat insurance costs vary by boat length and type, cost of the boat and level of coverage. Consult your insurance agent for quotes.

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MYTH #5

I can’t afford to store my boat.
Fact: Storage options vary depending on the size of your boat. You won’t find a less-expensive way to keep a boat than storing it on a trailer...

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MYTH #6

Maintenance & upkeep is expensive.
Fact: Boat, trailer, and motor maintenance can be as simple as a freshwater wash down after each use. Keeping everything covered...

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MYTH #7

Boats use too much fuel.
Fact:Most boats on the water today are less than 8 metres (26'3”) in length. These crafts do not use exorbitant amounts of gas. 64 percent of boaters say they ...

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MYTH #8

Boating is hard to learn.
Fact: Boating is not difficult, but driving a boat, like anything else, is a skill. You can learn the “rules of the road” by taking a boater’s education course. Some dealers offer...

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MYTH #9

I don’t have access to water.
Fact: Did you know that nearly eighty percent of Canadians live less than an hour from a navigable body of water? This means that water access ...

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VIDEOS

What are the costs of buying and owning a boat?
What are the costs of buying and owning a boat?
How do you choose the right boat?
How do you choose the right boat?
Should I buy a new or pre-owned boat?
Should I buy a new or pre-owned boat?
What is the benefit of buying an NMMA Certified boat?
What is the benefit of buying an NMMA Certified boat?

TIPS FOR BUYING ON A BUDGET
TIP 1
HAVE A PLAN
Know what you want and what you can afford. Do your financial homework and run a budget – before you buy a boat. It’s the smart thing to do and will save you a lot of time.
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TIP 2
SHOP NEW FIRST
It might sound counter-intuitive, but there are pros and cons to both new and pre-owned boats. We recommend shopping new first even if you’re on a tight budget.
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TIP 3
VISIT A BOAT SHOW
Visit a local boat show. Take a look at all available options and board as many boats as you can. Discuss your wants and needs with dealers and experts at the boat show
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TIP 4
FINANCING YOUR BOAT
Boat buyers have many choices when it comes to paying for their purchase. Here are a few of the advantages of financing your purchase.
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TOOLS
BOAT LOAN CALCULATOR
Enter a monthly payment amount to determine boat price, or enter a boat price to determine your monthly payment.
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AFFORDABILITY PLANNER
Think owning a boat is too costly? Think again! Compare boating to other family leisure activities.
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BOAT SELECTOR
Use our Boat Selector Tool to find the right boat for you. It also lists manufacturer websites to help you do your research.
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BOAT BUYING GUIDE
To make the most of your time at the show or at a dealership, shop with a plan. These tips will make finding and buying the boat of your dreams easier.
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MARINAS & RAMPS LOCATOR
Marinas & Ramps Locator

Use our interactive map to find a marina or ramp in your area.
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