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5 reasons that make a jet ski a worthwhile investment

Published on June 15th, 2020
  Written by 
Bill Tsouvalas
Bill Tsouvalas is the managing director and a key company spokesperson at Savvy. As a personal finance expert, he often shares his insights on a range of topics, being featured on leading news outlets including News Corp publications such as the Daily Telegraph and Herald Sun, Fairfax Media publications such as the Australian Financial Review, the Seven Network and more. Bill has over 15 years of experience working in the finance industry and founded Savvy in 2010 with a vision to provide affordable and accessible finance options to all Australians. He has built Savvy from a small asset finance brokerage into a financial comparison website which now attracts close to 2 million Aussies per year and was included in the BRW’s Fast 100 in 2015 as one of the fastest-growing companies in the country. He’s passionate about helping Australians make financially savvy decisions and reviews content across the brand to ensure its accuracy. You can follow Bill on LinkedIn.
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Reasons to buy jetski

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There are two types of people when it comes to Jet skis: Those whose who seem them as obnoxious load equipment spoiling your beach holiday and those that seem that as being one step closer to freedom and fun. This one’s for you. If you are one of the few that are still sitting on the fence when it comes to Jet skis here are a few reasons why they make a worthwhile investment.

1. Take your holiday’s to the next level

There are moments where you find your budget constrained and you are not able to travel. This can lead to predictable activities when you are stuck at home. A Jetski can be a worthwhile investment when it comes to adding that much-needed twist of fun. You also won’t need to struggle to find a place to store it once you are done as it is compact in size, compact enough to store in your garage.

2. It has the ‘X’ factor when it comes to its price

There is plenty of fun to be had when it comes to water activities. Like a potato, it can be rebranded in many ways to suit various occasions. The price tag varies depending on how fancy you want your rig to be, but you can get a Jetski for less than $5,500 and the more elaborate one’s going for $20,000 and more. Not only are they not quick to lose value, but they also last longer which can make it a great investment.

3. Fuel efficient

Jet skis can be listed as one of the best fuel-efficient water vessels around. This is something that Jet ski owners tend to overlook, but in the long run, could benefit from. The reason for this is the crafts small size and light weight that requires less fuel to be burned no matter the distance you cover, meaning more trips for you and the family.

4. Gives you more control

Not all Jet skis are created the same. There is a wide range of sizes you can choose that come with various ranges of speed. In general, Jet skis are known for being able to manoeuvre quite easily. However, it is vital to check that you are getting a Jetski that will be suitable for you and that you follow the instructions that come with it such as wearing appropriate clothing. This also means the stated speed limit to allow for more control.

5. Safety features to protect you on water

You can get peace of mind knowing that the wide range of safety features that are fitted on Jet skis such as safety brakes. This brake system which is also known as the Intelligent Brake and Reverse (IBR) can come in handy when preventing accidents from happening. It does pay to compare various models to see which one will offer you the best safety and value for your money.

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This guide provides general information and does not consider your individual needs, finances or objectives. We do not make any recommendation or suggestion about which product is best for you based on your specific situation and we do not compare all companies in the market, or all products offered by all companies. It’s always important to consider whether professional financial, legal or taxation advice is appropriate for you before choosing or purchasing a financial product.

The content on our website is produced by experts in the field of finance and reviewed as part of our editorial guidelines. We endeavour to keep all information across our site updated with accurate information.

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The interest rate, comparison rate, fees and monthly repayments will depend on factors specific to your profile, such as your financial situation, as well as others, such as the loan’s size and your chosen repayment term. Costs such as broker fees, redraw fees or early repayment fees, and cost savings such as fee waivers, aren’t included in the comparison rate but may influence the cost of the loan. Different terms, fees or other loan amounts may result in a different comparison rate.

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