When you're buying a boat for pleasure, it's easy to get swept up in the moment. It is, after all, a purchase to enjoy.  Practicality, however, must prevail, if you're going to be happy with your purchase in the months and years to follow.

With that in mind, analyze the situation by asking yourself the following questions:

• Who will use the boat? Just you and your family, or do you want to have room to accommodate friends?  
• How will you use the boat? Do you plan to take day trips, weekend trips, or week-long excursions? Will you use the boat for fishing, water skiing, or just cruising? 
• When will you use the boat? The occasional weekend trip, or almost every day? Year-round, or just the summer months?
• Where will you use the boat? In a lake, river, or on the ocean?
• How much do you have to spend? Lots, or just a little cash? Don't forget maintenance, insurance, registration costs, and instruction and safety course fees.
• What kind of boat will fit your needs? Do you see yourself making waves in a motorboat or maneuvering in a sailboat?