A $15,000 boat can look like a bargain until the purchase price stops being the biggest number on the page. Insurance, fuel, storage, maintenance, registration, safety gear and even the trailer can turn a seemingly modest purchase into a much larger commitment.
That does not make a $15,000 boat a bad purchase. It simply means the sticker price tells only part of the story. BoatUS advises buyers to account for ongoing expenses such as fuel, storage, insurance, maintenance, registration and equipment when planning a boating budget.