TGR Staff
There is just something about a vintage boat, especially the iconic wooden speedboats by Chris-Craft, Century, and Riva. While beautiful vintage wooden boats require more maintenance than their fiberglass or metal counterparts and buying a classic boat is like a classic car and knowing what to look for can save you thousands down the road. The allure of these classic speedboats is so strong that modern companies like StanCraft sell retro-styled modern speedboats, but those will set you back over six-figures. If you are dreaming of being captain of your own boat this coming summer these quick tips should help.
Selecting the right boat:
It is easy to get seduced by an online ad for a vintage boat that "just needs minor work" but like anything else buying the best boat you can afford will save you money in the long run. If you are new to boating you should make sure that the boat you are looking at is going to be able to do what you want it to do.
What kind of body of water are you going to use it in? Does it have the power and range you need? Is it suitable for fresh or saltwater? On top of those questions, do you have a vehicle that can tow it? Or a place to store the boat? Also with vintage boats, check into parts availability some of the lesser-known brands might not have the aftermarket part support making maintenance and restoration even more costly.
Shop around and buy in the off-season:
Just like our tips for buying convertibles and motorcycles buying a boat in the off-season can save you a lot of money. Since you have to tow it home anyway, look outside the local area and shop around to find the best deal. Boat Trader is a great resource for finding vintage boats and getting an idea of the price. Set your budget and try to avoid buying a project boat. Be sure to shop early enough to do a water test before you buy.
Shop the dealers:
Buying your first classic boat on eBay might not be a good idea, the best boats with the most documentation will be sold by a reputable dealer or broker. Sure you will pay a premium, but you can most dealers will provide a pre-purchase inspection and have all the documentation supporting the boat's condition and history.
Join the club:
The Chris-Craft Antique Boat Club and the Antique & Classic Boat Society are a great place to learn more about vintage boats and might be your best resource when looking for your first vintage speedboat. Like most specialty collectibles it is a fairly small community so it wouldn't be unlikely that any boat you are looking at for sale a club member would have some inside information on.
Don't forget about registration & insurance:
Depending on your state you will need to contact a state fish and wildlife agency or the state department of motor vehicles to register your boat. Some states only give you 72 hours to register your new boat, Take Me Fishing has a great state by state guide. Fee calculation can differ by state, in most states the registration fee depends on the length of the boat you are registering. You will also need to register your trailer separately in most states. You will also need to get insurance for your new water-bound ride, so be sure to factor that into your overall costs when budgeting for your dream classics.