A first-time buyer would have to be pretty daring to buy an expensive used boat from an unknown private party. But buying a used boat that has been researched and inspected can result in a great deal. In addition to individuals selling their own boats and dealers selling new and used boats, you'll find brokers who sell mostly high-end used boats. Brokers are out on the docks talking to boat owners every day. They may be able to save you hours of time and disappointing trips to look at boats that aren't what you expect them to be.
Most brokers work for the seller.
You may, however, want to try to hire a broker to represent you as a buyer's agent. Local boating publications and the Yellow Pages often list brokers. Resale value is something to keep in mind when buying a boat. To get your money's worth from your investment, you should plan to keep a boat at least three years. When you do sell, brand and model will be important.