For those who love water sports, owning a jet ski is the ultimate pleasure. Compared to large yachts, jet skis are lighter, more flexible and easier to operate. However, despite their compact size, jet skis are not necessarily cheap. In particular, the purchase cost of a brand new boat is high, and with storage and insurance costs, the overall expense is not to be underestimated. As a result, many consumers choose to buy used jet skis to save on unnecessary expenses. Yachttrading will explain the price information in detail for you.
How Much is a Used Jet Ski?
Used jet skis can cost less than brand new models, with market prices ranging from $5,000 to $20,000. New jet skis tend to be on the higher end of the price spectrum, while the used market fluctuates greatly depending on the model and condition of the boat. According to industry data, new boats depreciate in value by about 22 per cent in the first year after purchase, and then decline by about 8 per cent annually. This also means that buying a used jet ski is a smart choice for saving your budget.
For your reference, here are the average used selling prices for 3 popular jet skis made in 2019:
Sea-Doo/BRP SPARK 2UP: With an MSRP of $5,400 new, the average used selling price is around $4,650, a discount of around 14%.
Yamaha GP1800: This more powerful model has a suggested retail price of up to US$14,200, with used market prices averaging around US$11,900.
Kawasaki SX-R: New boats sell for around $10,000 with used averages around $8,400.
It's worth noting that these used prices are 20% to 40% lower than new, with the exact discount varying depending on the condition of the boat and the seller.
Key Factors Affecting Used Jet Ski Prices
In addition to the make and model, the type of jet ski also has a significant impact on the price. There are three main types of jet skis on the market today:
Deluxe: These jet skis are the most expensive and offer top performance and a great riding experience. The Deluxe model has a more robust hull design and stable manoeuvres, making it suitable for users who are looking for comfort and speed.
Performance: Although slightly less expensive than the Deluxe model, they are more costly to maintain. They emphasise fast acceleration and high manoeuvrability, with a more streamlined appearance, and are suitable for users who like an exciting driving experience.
Engine type: Today's market is dominated by environmentally friendly and energy-saving four-stroke engines. In contrast, the traditional two-stroke engine, although powerful, but fuel consumption and pollution of water quality, resulting in increased costs. Consumers are advised to prioritise used jet skis with four-stroke engines to avoid extra expenses on maintenance and fuel consumption.
The price range of used jet skis is relatively flexible, starting from US$5,000 to US$20,000 for popular models. Choosing a used jet ski saves money on the initial investment and allows you to enjoy a great water sports experience. When purchasing, buyers should not only focus on the price, but also pay attention to the type of boat and the condition of the engine, in order to ensure the economy and safety of future use.
As a professional platform providing one-stop service for yacht pricing consultation, trading, transport and maintenance, Yachttrading suggests you to choose a used jet ski reasonably according to your own needs and budget, so as to make the water fun at your fingertips. If you need to know more about the used jet ski market or professional advice, please feel free to contact us.
