Eight Buyer Tips

Here are eight tips for buying a trawler.

1. Buy the Right Size

Buy the smallest boat that is big enough for the typical crew size on board and the type of cruising you intend to do.

2. Consider a Used Trawler

Your best value when buying a trawler is almost always going for a used trawler (but keep your eye out for a great deal on a late model stock boat in dealer inventory).

3. Make Your Money When You Buy

Make your money when you buy the boat (don't expect to sell your trawler for more than you paid).

“Make your money when you buy the boat — don't expect to sell your trawler for more than you paid.”

4. Know Your Budget

Figure out what you can afford up front and go into the hunt with a realistic budget and pre-qualified financing.

5. Get Aboard as Many Trawlers as You Can

Get on as many trawlers as you can (even those that don't seem to meet your profile) and see how well you fit, what the visibility is like and how comfortable you feel.

6. If It Seems Too Good to Be True…

If it seems like a deal that is too good to be true, it probably is. One of the best negotiating strategies when buying a trawler is the ability to walk away from something that doesn't feel right, you WILL find another boat.

“One of the best negotiating strategies when buying a trawler is the ability to walk away from something that doesn't feel right — you WILL find another boat.”

7. Assemble Your Team

This is an emotional purchase, try to be sensible and assemble a team of professionals to help you evaluate your purchase with practical advice.

8. Plan for Total Cost of Ownership

Purchase price is only the beginning. You have to allow for additional costs after the initial purchase. There are expenses required to make the trawler your own, fix items that need attention, consumables and provisioning, and you must account for annual costs like insurance and slip rent.