Now as for the actual purchase of your boat it again is similar to buying a car. Don’t pay the sticker price. You will save yourself thousands of dollars and there is plenty of room for negotiation. And remember, you’ll also save big money if you don’t “over-buy.” For example, if you find that a 14’ ski boat meets your needs then don’t look for a 20’ cruiser. Also, just like a car, you’ll be presented with an impressive option package. Ask yourself if you really need all the goodies. Again, since boats last longer than cars, the bank will offer longer financing – up to 20 years, with interest rates being similar to what you’d expect in buying a car. Remember, although a boat doesn’t depreciate as fast as a car, it will still decline in value over time. So think of a boat as strictly a recreational investment…and join the millions of Americans who love boating.