The 5 Basic Costs Associated With Boat Ownership
According to National Marine Manufacturers Association, the retail sales of new powerboats in the US increased in the year 2020 by an estimated 12% compared to 2019. The number of sales was 310,000 units. Not only powerboats, but the number was significantly high for other types of boat and marine vehicles. The number increased because people found that water is the best way to escape pandemic stress and enjoy the outdoors safely with family and friends. And some people preferred buying boats in this pandemic to earn livelihood comfortably. No matter what the reason, if you are planning to buy a boat, you should know the cost associated with it. You should know that buying a boat is not enough to become a boat owner; you need to consider the cost of other things as well. In this post, we will discuss the 5 important costs involved to own a boat. Cost of the boat There is nothing to be surprised about this cost. Until you pay for the boat, you cannot own it.