Quick Answer: How Do Jet Skis Make Money?

Is there a Kelley Blue Book for jet skis?

Select a Personal Watercraft For over 40 years, Kelley Blue Book has been The Trusted Resource for Personal Watercraft values and pricing.

Kelley Blue Book regularly updates its personal watercraft values to give consumers the pricing information they need..

Is renting jet skis profitable?

A jet ski rental business is highly profitable. However, the success of the business depends on the entrepreneur’s knowledge and the right business plan. Starting a jet ski business is expensive. Apart from the cost of the skis, you will need to have finance for fuel, maintenance, and advertising.

How much does it cost to start a jet ski business?

Get Equipment for Jet Ski Business Usually, the price varies from the $10,000 to $17,999 depending on the engine type, model and brand. Though you can buy the pre-owned vehicle at much lower cost. But you need to know that pre-owned Jet Ski comes with a lot of maintenance and repair requirements.

Are jet skis worth it?

Just as long as you do regular maintenance like oil changes it’ll run great. And yes, jet skis are totally worth it but only as long as it’s a newer one. You’ll be fixing something daily on old skis. I would just say go for it and get a newer four stroke.

How many hours does a jet ski last?

300 hoursOn average a jet ski should have approximately 30 hours a year. Anything more than 30 hours per year is considered “high hours”. Most jet ski models have a lifespan of approximately 300 hours, but if properly maintained they can last much longer.

Are jet skis expensive to maintain?

Costs vary among the brands, however every second service (or every 100 hours) tends to be a bigger job, so be sure to get an idea on the cost of at least the first three visits. As a rough guide, expect to pay between $350 and $450 for a routine service.

Should I buy a Seadoo or Yamaha?

Overall, Sea-Doo has the most accessories for the best price. After the first Spark, came the 3up 90hp IBR Spark. This jet ski wins over the Yamaha EX Sport because it comes with more accessories for less money. Sea-Doo has the nicer jet skis for cheaper compared to Yamaha.

What causes jet skis to explode?

Jet ski explosions tend to happen when the watercraft is sitting idle. The usual reason for this is that many jet skis lack a blower assembly that is specifically designed to vent built up fumes. When these volatile fumes accumulate, all it takes to ignite them, causing an explosion, is the smallest spark.

How much does it cost to rent a Seadoo?

It can cost anywhere from $85 to $90 an hour, but the longer you use the jet ski, the lower the price per hour you will pay. There is also an option for an all-day excursion, which will cost anywhere from $500 to $525 to ride for eight hours.

Are jet skis high maintenance?

The average jet ski gets about 30 hours of riding a year meaning that you can expect to burn 120-300 gallons in a year. Depending on gas prices you should expect to spend $300-600+ annually. Ongoing maintenance is another cost that will need to be accounted for.

How much is a jet ski worth?

2018 Jet Ski Prices From Every Manufacturer The prices of jet skis range from $5,399 for the 2 UP Sea-Doo Spark all the way up to $17,999 for the Kawasaki Ultra 310LX in 2018.

Should I buy a used jet ski?

The average lifespan of a Jet Ski is 300 hours. But usage alone isn’t the only factor you should consider when buying a used Jet Ski. A well-maintained Jet Ski that’s seen 200 hours on the water could be in better shape than a poorly maintained Jet Ski used for 30 hours.

Is it OK to start a jetski out of water?

Yes, you can run your jet ski when it’s out of the water and already on the trailer. Warning: You can only run your jet ski for 10 seconds maximum on land. Jet skis are designed to run in the water, not on land. The water intake cools the engine and if you leave it running for too long, you risk overheating the engine.

What is the most reliable jet ski brand?

Kawasaki STX-15FThe most reliable Jet Ski models Kawasaki STX-15F is the cheapest Jet Ski, and one of the most reliable as well! It’s powered with a four-stroke, 1498 cc, non-supercharged engine, which offers around 160 HP. You can expect 60-62 mph top speed on this ski while reaching 0-30 mph in just 2 seconds!

How do I start a jet ski business?

Not all Open Water Bodies are Conducive Waterways. Not all places have potential for good returns when it comes to a Jet Ski business. … Consider Investing in Salvage Jet skis. … Seek the Right Insurance Coverage. … Factor in all Overhead Costs. … Storage Cost. … Fuel Cost. … Maintenance Cost. … Know the Right Time to do Business.More items…•

How far can a jet ski go on a tank of gas?

75-150 milesIn general, a jet ski can go somewhere from 75-150 miles on a tank of gas. Again, these numbers could vary widely depending on several factors like the jet ski’s performance, curb weight, fuel capacity, or the weather conditions.

How do I start a water sports business?

Research on the Best Water Sports for the Area. One of the most important things you need to do in starting a business is research. … Check Out Trending Water Sports. … Study Your Market. … Write Your Business Plan. … Get Moving and Get Started! … Grow Your Network and Create Partnerships. … Work Smart. … Consider Franchising.

How do people afford jet skis?

Many banks offer boat or powersport loans that can be used for jet skis. Some private lenders offer better rates than some banks. And always be sure to talk to the dealership about in-house financing. They will sometimes offer the best rates.