Your guide to buying a jet ski
Whether summer is around the corner, hitting the open water is always great. The wind in your hair, the thrill of skimming the waves, and the sense of total adventure – it's all within your grasp. But before you dive headfirst into the world of jet skis, there are a few things to consider.
We’ll cover some of the basics of buying a jet ski — including costs, insurance, and financing options to help get you take the first step towards your wet and wild escapades.
What’s the average cost of a jet ski — new vs used
So you’re probably wondering how much such a fun time will cost you. Jet ski prices can vary majorly depending on whether you choose a new or used one. New jet skis can cost anywhere from $5,000 to $18,000, with high-end models costing even more. A slightly less expensive way is to buy a used jet ski, which can cost around $2,500 to $5000 depending on condition and brand.
Jet ski cost considerations
When determining your budget for a jet ski, consider more than just the initial purchase price. Additional costs can include:
Jetski insurance: Like with a car, you might want to consider taking out insurance for your jet ski. This insurance can help to protect you in case of accidents, theft, or damage. Check out specifics with your insurance provider and factor insurance premiums into your overall budget.
Jetski accessories: To enhance your jet ski experience, you might want to invest in accessories like life jackets, wetsuits, and a trailer to transport your jet ski. These expenses can add up, so make sure they are part of your financial plan.
Our personal loans can cover jet skis
Now that you know about all the costs involved, how will you finance your new jet ski adventure? This is where personal loans come into play. Depending on your lender, a jet ski loan might technically be another type of unsecured personal loan, making it a viable financing option. Check out our boat loans if you’re looking for something more extensive. Plenti personal loans are fast and simple, and may provide you with lower interest rates than other types of financing, helping you save money over time.
Learn more about the types of personal loans available with Plenti.
Are you ready to buy your jet ski?
Before diving into the loan application process, getting a rate estimate from Plenti is a good place to start. This will give you a clearer picture of what you can expect regarding loan terms and interest rates to help make an informed decision about your finances.
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