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Buying vs. Renting a Boat: What You Need to Know | MotorBiscuit

Maybe you’re considering buying a boat but, after calculating the costs to buy a boat, doing so is just too expensive. If that’s the case, then renting a boat may be the perfect choice for you. But don’t just take our word for it. Here’s what you need to know about the difference between buying and renting.

A speedboat on the water. | Mahmut Serdar Alakus/Anadolu Agency via Getty Images

Buying a boat can be an expensive endeavor

Buying a boat is expensive. There’s really no getting around that. According to BetterBoat, while a new pontoon boat could cost you an estimated $35,000, a motorboat could have you spending at least $20,000. Opt for a high-performance motorboat instead, and BetterBoat says you could find yourself spending upwards of $30,000. 

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