Let’s face it, life happens. You may choose to buy a smaller boat now and think that in a year or two you’ll trade up to a bigger boat (see Reason # 8).
 
Think again. You never know what might transpire in your life over the next few years that could put buying a new boat on the back burner. Car and home repairs, college tuition, a career change or some other unforeseen event might take priority over upgrading to that bigger boat.