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What time is best to buy a boat?

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If you ask people in the boat retail business when is the best time to buy a boat, they will tell you today. If you ask more questions however, you find out that there are more things to consider such as whether you are purchasing a new or second-hand boat, where you reside and the month as well as the season to purchase. 

Conventional wisdom makes us believe that boat sellers have monthly quotas like car dealers and negotiating a deal towards the end of the month would get you a better price. This is not necessarily the case in the boat retail business

Every season has its benefits but you need to understand the various boat buying seasons to help you score a better deal. It does not matter if you are purchasing in the middle of summer or at the height of winter, if you have knowledge on how these different seasons affect boats sales you can make your shopping and purchasing experience much easier. 

Dealers are in a hurry to sell old models 

The boating industry, a long time ago switched to the system of introducing new models for the year in September or August like the automobile industry had been doing. What this means by autumn boat dealers will be selling new models as well as models from the year before. And you know what? Models from the year before are no longer current once the clock strikes 12 on December 31! 

Dealers across the country are motivated to sell off last year’s models because the boats start losing their perceived value on December 31! Some dealers may even have models from the year before still in their stock. Imagine the amount of motivation they have to get rid of them? 

Boats hardly get significant upgrades 

The reality of the boating industry is, there isn’t much difference between new and old models. There are boat builders who simply reprint brochures from the previous year changing only the dates and adding new pictures. 

The boats you purchase a year before will be almost the exact same thing as the newly released one, minus a few exceptions. The major difference you will notice is when selling your boat, all things being equal newer models will go for a higher price. These days however, buyers are becoming increasingly aware and are more interested in the overall condition of the boat as well as engine hours than the year it was produced. 

The perfect time to purchase a small boat 

Purchasing larger boats requires a lot of consideration and they are more likely to be used during the colder months. There are no peak periods for selling larger boats during the year, sales are spread out evenly throughout. Small boats however, are used as summer approaches, when the weather is warm. As a matter of fact, the largest amount of sales for small boats occur in July. 

All dealers know this. When buyers tender reasonable offers for small boats in months like December, dealers are forced to consider losing out on a larger profit in June or July. If you up your price a little the dealer can make more money and you could get a great deal. 

Spring or Summer 

If you ask boat owners to take a survey, you are most likely going to find that spring and summer are considered the worst seasons to purchase a boat. The reason for this is that the boating season is in full swing and more people are on the market to purchase boats increasing the demand and prices in some cases. Due to the increase in competition for boat acquisition and a larger number of people shopping for boats, the savviest customers avoid shopping for boats in the spring or summer. 

Nonetheless, many people want to buy a boat during these months for specific reasons. Boating season coincides with summer so purchasing a boat in the spring will allow you time to prepare for your new adventures. If you purchase in the summer, you get to enjoy your boat in the water right away. 

Autumn/Fall 

Most buyers will tell you that fall is the best time to purchase a boat. The reason for this is boat manufacturers begin to offer discounts around September and October. As boating season draws to an end demand begins to decline and dealers want to give buyers incentives such as price cuts and discounts. This happens for both new and second-hand boats. Shopping for boats during fall could lead to very great deals. 

Winter boat show season 

Thom Dammrich, president of the National Marine Manufacturers Association says the best time to get a good price on a new boat is during the winter boat show season. The peak period of the winter show season is usually around January, February and March. At these boat shows, boaters who reside in colder regions can sometimes get the best deals. In areas like the Gulf Coast and California 

there is no off-season for boaters but dealers trying to make room for the next year’s models will try to sell off their old models. 

The perfect time to buy a boat is whenever you are ready! 

Truthfully, there is no bad time to buy a boat, and a good place to buy is www.marineservices.co.nz/boat-sales. The best time to purchase is whenever you are ready to have fun and adventure on the water!

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Honda Will Return To Formula 1 as An Aston Martin Engine Supplier 2026.

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Honda will return to Formula 1 in a formal role from 2026 as an engine supplier to Aston Martin. Aston Martin team. The company officially quit F1 in the year 2021; however, its engines are utilized by both Red Bull teams and are known as Hondas by 2023.

Honda announced on Wednesday that the F1’s goal of reaching carbon neutrality in 2030 had been a “key factor” behind its decision to return to F1 officially.

The new rules in 2026 are expected to enhance the electrical efficiency of F1 engines.

The body governing the sport, the FIA, requires the mark to use biodegradable synthetic fuels simultaneously.

Honda Racing Corporation president Koji Watanabe has stated: “In pursuit of its aim of achieving carbon neutrality before 2030, beginning in 2026, the FIA will require to use 100percent carbon neutral fuel, and electric power will increase dramatically by 3x the amount of the regulations currently in place.

“With this massive increase in power generated by electricity, it is clear that the most critical factor in winning in F1 is a small, powerful, light and efficient motor that has a battery with high performance that can be swiftly managing the power of a high output and energy management technology.

“We believe this know-how gained from this new challenge has the potential to be applied directly to a future mass-production electric vehicle.”

What’s the reason behind Honda’s shift in strategy?

F1 has used hybrid engines since 2014. However, the new regulations will result in significant changes to their layout.

Most significant is the elimination of the MGU-H element of the hybrid system, which recuperates energy from the turbo. It also increases a substantial percentage of hybrid power that is included in the engine’s power output.

Watanabe told reporters: “Currently, the electrical energy is 20% or less compared to the internal combustion engine.

“But the new regulations require about 50% or more electrification, which moves even further toward electrification, and the technology for electrification will be helpful for us in producing vehicles in the future.

Carbon-neutral fuels, as well as their integration in the engine, the engineer said, “match with Honda’s direction.”

Watanabe stated that expanding the F1 cost cap to engine covers was also an element in his decision, as it would have made “long-term and continuous participation in F1 easier”.

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