Most Common Boat Buying Mistakes

How to Avoid the Most Common Boat Buying Mistakes

7 critical points that will help you maximize your chances of finding the perfect boat.

1. Ask to see the vessel's maintenance history: Make sure to ask questions related to engines, generators, electronics, onboard systems etc..

2. Find out what repairs have happened in the last few years: Unfortunately all boats (new and used) break down from time to time. If fixes haven't been needed yet, the boat could be a ticking time bomb for repairs.

3. Find out why they're selling: Sometimes sellers are very eager to sell because they want to off-load junk.

4. Ask to Speak with the Professionals who maintained the vessel: Nobody knows the intricacies of a boat like a professional mechanic, dealer or shipyard.

5. Run a Vessel History and Documentation: You absolutely need to know if the vessel has lawsuits or liens against it and if any money is still owed to a bank or financing company.

6. Get help from a Professional Yacht Broker: The right broker helps by listening to your needs and assists you with any potential difficulties. Brokers will assist you through the entire buying process.

7. Organize a Survey: Get a survey from an independent and professional marine surveyor. Follow this link to view a list of local marine surveyors.

If you follow these 7 simple steps, you could literally save yourself thousands in unexpected repairs.

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