Is Buying a Boat a Good Idea?

You may have been thinking of buying a boat recently, but with that, comes a lot of research. Whether you’re thinking about purchasing a brand-new yacht or second-hand cruiser, there’s several things you need to consider before investing in a boat such as what financial gains you can get out of it, the memories you’ll make and so much more.

For those unsure of whether to purchase a boat and if it’s a good idea, we’ve compiled a list of the top 5 reasons why investing in a boat is worth it.

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Contents:

  1. Learn new skills
  2. Create memories with friends and family
  3. Discover new destinations
  4. Increase your income
  5. Reduces stress


Why buying a boat is a good idea – quick summary

Investing in a boat offers various benefits – firstly, it allows you to learn new skills like sailing, boat maintenance, and navigation, where these skills can be applied in everyday life as well. Secondly, owning a boat provides an opportunity to create cherished memories with friends and family, enjoying quality time together, additionally, it enables you to explore new destinations that were previously inaccessible. Being out on the water also reduces stress and brings tranquillity!


1. Learn new skills

Being able to sail the high seas is a skill that isn’t easy to master, but with your newly bought boat, you’ll be learning a vast amount of skills in no time. From learning new knots and mooring skills to boat maintenance and navigation, there are so many skills that you may not have tapped into before purchasing a boat.

Not only do you learn new skills and abilities specific to boats and sailing, but some of them are easily transferable into everyday life – fixing faulty electronics and applying antifoul paint can come in handy when repairing things in and around the house.


2. Create memories with friends and family

For the majority of people in the UK, a normal week consists of working long hours, running errands, taking the kids to school and picking them up from after-school clubs during the week. This is the reason why you need some downtime with your friends and family on the weekends and going for a boat ride out at sea, gives you the chance to share quality time with your loved ones.

A used boat or new yacht can be a great space to entertain friends, too. On those sunny summer days, there aren’t many things better than cracking open a chilled bottle of wine as you enjoy a freshly caught and prepared fish meal on the deck. Or if that isn’t your cup of tea, why not bring along your fishing friends to go in search of new angling spots not accessible from shore? You may even catch your biggest ever fish!


3. Discover new destinations

Having your own boat gives you the freedom to explore an array of new destinations not previously imaginable – not a bad idea if you ask us! There’s a large handful of boats that have the capability of cruising in the deepest of waters across the globe and when you own a boat, you will always have somewhere new to go. 

Whether there’s that specific shoreline, river, lake, bay or ocean that you’ve longed to visit, they’d all be possible with your new investment. We’d recommend that you look up your local marina to find out the closest body of water and where it leads to before you set sail in your new purchase.


4. Increase your income

Buying a boat can be a great way to boost your income or perhaps a way into starting your own side hustle. Buying a boat is a long-term investment, and when you factor in purchase costs, running and maintenance costs, the numbers can quickly add up. Off-setting these expenses and even making a positive return on your investment can be done through a variety of ways.

Whether you want to charter your newly bought boat when you’re not using it or setting up a boat business (everything from running nature excursions to operating as a fishing boat), there are fun and lucrative ways to make a steady income when buying a new boat.


5. Reduces stress

One of the main reasons people in the UK love boats and sailing, is the tranquillity and peace that comes with spending time on the water. Everything out at sea brings a certain calm and stillness (when the weather is good!) which can boost your mood and reduce stress.

If you have a busy life on shore, you can easily get caught up in the hustle and bustle of the cities. Owning a boat gives you the ability to escape the stress of everyday life and takes you away to a whole new world where you can sit back and take in the peace that the ocean provides.

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Top 5 reasons to buy a boat – is it a good investment?

  1. Learn new skills
  2. Create memories with friends and family
  3. Discover new destinations
  4. Increase your income
  5. Reduces stress


Buying a boat can be one of the best purchases you make if used to its full potential. Not all sailors buy brand-new boats, so why not consider investing in a second-hand one instead? The team here at Clipper Marine boat brokerage can help find the perfect boat for your exact requirements, whether that be from a prestigious brand like Bavaria or Beneteau, we have stock of boats across the UK and Spain.

If you’re considering buying a new or used boat, speak to one of our brokers who can help further.