How much are jet skis worth?
A new jet ski typically costs around $5,000 on the low end of the spectrum, but higher end jet skis can cost close to $20,000. The cheapest jet ski currently on the market in 2021 is the Sea-Doo Spark, and the most expensive is the Kawasaki Ultra 310LX. We’ll discuss each in a bit more detail later on in this article.
Do jet skis hold value?
Jet skis (PWCs) are very similar to cars in that they depreciate as soon as they are purchased. They will lose around twenty-two percent of their value in the first year of ownership, and then around eight percent of their value every following year.
How much do jet skis depreciate?
Statistics show that jet skis depreciate by 22 percent in the first year after having been purchased from a new dealer, and then eight percent per year after that. We’ve included a couple of the most popular 2019 jet skis on the market today.
How many hours is too many for a jet ski?
As a general rule, anything over 500 hours is too many hours for a 4-stroke jet ski. If it’s a 2-stroke jet ski anything over 300 hours is too many. A common trend I’m seeing when buying and selling jet skis is that most people will sell them before 200 hours and a lot will even sell with under 100 hours on them.
How do you know if a jet ski is in good condition?
One of the absolute best ways to tell if used jet skis have been properly maintained is if the owner still has maintenance receipts. If they still have the receipts for oil filters, spark plugs, and any parts they’ve replaced, chances are they’ve been a great owner.
How much does it cost to own a jet ski per year?
How much does a jet ski cost to own? A jet ski typically costs about $500+ annually to own. This includes insurance, basic maintenance, and some gas. Depending on how much you ride, or if you financed your jet ski, this number can increase significantly to $1,500+.