The purchase price is just the entry fee to a "hole in the water where you throw money" [33]. Experts suggest having at least in your accounts and budgeting 10%–20% of the purchase price annually for maintenance [5.3, 5.8].
Insurance (highly recommended even if not mandatory), registration for both boat and trailer, and personal property taxes [15, 22]. buying my first boat
Find a quiet area to practice docking and "picking up a buoy" (or a dropped cushion) to get a feel for the boat's momentum [29]. The purchase price is just the entry fee