Is a Boat a Good Investment?

If you’re asking yourself, “Is a boat a good investment?” you’re likely envisioning the freedom of the open sea and the allure of sunny days spent on the water. While it’s true that boats may not always appreciate in financial terms like a house or stock might, the return on investment in terms of joy, relaxation, and adventure can be immeasurable.

At Credit One, we’ve helped hundreds of boat owners get on the water and enjoy all the fruits that boat ownership has to offer, and we know full well that joy that they can bring. In this guide, we’ll walk you through why boat ownership traditional financial metrics and allows you to embrace a richer, more fulfilling lifestyle.

It’s All About the Lifestyle

Imagine swapping your weekend routine for adventures on the water, fishing with friends, or simply basking in the sun. Owning a boat opens up a world of possibilities for relaxation and adventure. It’s not just about the boat itself; it’s about the joy and freedom that comes with it. You can’t put a price on watching the sunset over the horizon with your loved ones or feeling the wind in your hair as you skip across the waves.

More Bang for Your Buck

Let’s face it: almost every hobby comes with costs, but how many offer the sheer number of opportunities for joy, relaxation, and adventure as owning a boat? Whether it’s fishing, wakeboarding, or cruising, every trip on your boat is a chance to create unforgettable memories in almost any way you can imagine.

Compare that to the brief excitement of other high-cost hobbies – skydiving, anyone? – and you’ll realise that, although a boat might come with a sizeable price tag, it provides unmatched entertainment and enjoyment that you can make the most of at any stage of life.

Boats as Multitaskers

Think about it: your boat is a mobile venue for parties, a quiet retreat, and a gateway to thrilling sports, all rolled into one. With a bit of savvy shopping, you can find versatile boats that let you fish, dive, cruise, and entertain, not to mention all your options when it comes to water sports: wakeboarding, wake skating, water skiing, inner-tubing – the list goes on. With the right boat, every one of your weekends can be different from the last. Who says you can’t have your cake and eat it too?

The Freedom to Explore

With a boat, the world (or at least the parts with water!) is your oyster. Australia has tens of thousands of kilometres of coastline, along with endless islands, bays, rivers, reefs and rocks. With a boat, you can discover secluded beaches to sunbathe on, drop your line at remote fishing spots, or swim in picturesque coves that are only accessible by water.

No matter what you’re interested in, every excursion can be a new adventure – and with several oceans right on our doorstep, you never need to worry about doing the same trip twice. Imagine the stories you’ll tell!

A Wise Long-term Investment

Okay, a boat might depreciate, but think about what you gain. The mental health benefits of being on the water, the skills you’ll learn from navigation to general upkeep, and the joy of sharing this with friends and family—these are investments in your quality of life. And who knows? If you ever decide to charter or teach lessons, your boat could even turn into a source of income.

Stress Relief at Your Fingertips

In our fast-paced world, finding effective ways to unwind is crucial. There’s something inherently soothing about water; it’s why people flock to pools, beaches, and lakes on holidays, and as Australians, we’re a bit more mad about the water than most.

But while most people’s ability to get into the water is limited by what beaches, pools or other bodies of water they’ve got around them, boat owners can access the water, and the many stress-relieving benefits it offers, whenever they want, with no reservations or ticket required.

And in a world as crazy as this one, wouldn’t you like to have the option to get away and take your mind off things whenever you like?

Start Your Journey to Boat Ownership with Credit One

If you’ve got your eye on a boat and are ready to take the next step before summer, get in touch with a member of the Credit One team today.

With a range of financing options available, including secured boat loans, private sale finance, and used boat finance, we make it easy to buy the boat of your dreams. Compare our boat loan options, use our boat loan calculator to find out just how affordable finance can be, and get ready to start your journey to boat ownership with Credit One!