How To Buy A
Used Boat
- by: Simon White
Whatever type of boat you are
buying, the same general rules apply. Follow these principles
and you can buy your boat with confidence.
When buying from a private seller, the boat will usually come
with no warranty, so you need to check it carefully to avoid
making an expensive mistake. Many brokers and dealers sell used
boats as well as new, and may offer a limited warranty. Whilst
this may provide some peace of mind, the dealer's commission is
usually reflected in a higher price.
Before inspecting the boat there are some checks you can make so
you don't waste your time and effort:
Check out the builder of your chosen boat. Is it a highly
regarded brand? Are they still trading? If not, getting
replacement parts may prove difficult.
Why is the boat being sold? This can be an indication of how
well the boat has been looked after. If the boat is a
repossession, it may indicate that the boat has not been looked
after; if the owner didn't keep up payments to the financer,
then he may have shown the same lack of care for the boat's
maintenance.
If the boat is being sold because the owner is upsizing, this
might indicate that the owner is a real boating enthusiast, and
thus may have taken greater care in the boat's upkeep. If the
reason for selling is that there's a problem with the boat, then
be aware that if you buy that boat, you will be the new owner of
that problem!
Is there a maintenance log for the boat? This should list all
services, repair, and oil changes. If it's missing, it can be
hard to tell how well the boat has been looked after.
Is all the equipment you need present? For example, navigation,
lights, winches etc. If not present, you will have to buy some
equipment separately, so build this into your budget.
What was the main use of the boat? The use of the boat can
affect its condition. For example, boats used mainly for fishing
often run up high engine hours.
Inspecting The Boat
It is recommended that you use a surveyor to carry out a
detailed inspection.
At the moment, anyone can call themselves a marine surveyor, so
it is important to make sure that yours is accredited by the
relevant authority. Some examples are listed below:
The Yacht Designers and Surveyors Association, The International
Institute of Marine Surveying, The Society of Accredited Marine
Surveyors (SAMS), The National Association of Marine Surveyors (NAMS)
Using a surveyor will give you peace of mind, and your finance
and insurance companies may insist upon it. You should never
rely on an old survey - new problems may have occurred since it
was carried out.
If you are experienced and confident enough, you may be able to
perform an inspection yourself. Here are some things to look out
for:
Has the boat been looked after well? Examine obvious features
such as the gel coat, woodwork and upholstery. If these haven't
been maintained then there's a good chance the rest of the boat
has not had much care either.
Check all wooden decking and interior woodwork for any soft
spots.
Are any parts of the exterior paintwork poorly matching? This
may indicate a previous accident.
Check that all the control cables (for steering, throttle etc.)
are in good working order. The steering and transmission should
move freely.
Look for water lines inside the boat or on the engine. These
indicate that the boat has flooded in the past.
Open and close all the hatches and sea cocks to ensure they're
in good working order. Water marks inside the hatches would
indicate that they are no longer water-tight.
You should test all the systems such as, bilge pump, winches,
freshwater system, lights, heater and air conditioning,
generator, stove etc.
Check that all hardware is attached firmly, and that electrical
items and connections are free from rust.
Examine the hull all over, taking note of its general condition
and looking for any dents, cracks or chips in the gel coat if
applicable. Tapping a fibreglass hull lightly with a rubber
hammer, listening for voids, can help reveal any blistering or
delamination. Any fittings that go through the hull should be
checked to make sure they are tight and won't leak.
Find the hull registration number, and make sure it is present,
doesn't look like it has been tampered with, and matches the
number on the boat's registration and title documents. Missing
or altered hull registration numbers indicate that the boat may
be stolen. It is crucial that you ensure that you are not buying
a stolen boat; if you do, you risk losing the boat and your
money.
Although it may not be practical to do so, viewing your boat out
of the water is very useful, allowing you to check the hull
below the waterline. Check that the keel runs in a straight line
from fore to aft, and that the propeller, shaft and rudder are
straight; do they show any signs of a collision? Look for signs
of cavitation which manifests itself as an erosion of the
surface of the propeller blades - an indication of poor
performance. Make sure that the propeller and shaft do not
wobble.
On a sailing boat, check that all sails and rigging are in good
order.
If possible, contact the previous owner to get any further
information; as they no longer have any interest in whether the
boat is sold or not, they can give you an impartial viewpoint.
Engine Checks
Unless you're an engine expert, it would be best to get a
mechanic to look over the engine for you.
Look out for the presence of oil in the bilges - a sign of an
oil leak.
Inspect the gaskets and hoses for oil leaks.
Inspect the level and condition of the oil. A milky appearance
signifies that water may be leaking into the engine. A burned
smell or grit in the oil, are indications of mechanical
problems, whilst a chalky residue on the engine or drive signals
that the engine has been running hot.
Pull out a spark plug and examine it for age. If it's old,
perhaps the engine hasn't been serviced as often as it should.
Examine all hoses and belts. Are they cracked or degraded? Smell
for fuel leaks from hoses, and check that the fuel tanks are
sound.
Are the engine mounts sturdy?
Do the sacrificial anodes (if applicable) need replacing?
Compression check the engine.
Sea Trial
If everything is up to your standards, take the boat for a test
drive.
Before starting the engine, check if it is already warm; if the
engine has trouble starting or smokes a lot when cold, the
seller may have warmed-up the engine prior to your arrival to
disguise such problems.
Check the bilges at the start and end of the trial; looking for
evidence of an oil leak.
See how the boat manoeuvres. Is the steering responsive? Hit
waves from different angles, looking for excessive pitch or
roll. Try out these factors whilst above and below deck.
Test that all the instruments are working correctly, and run the
engine for long enough to see if it'll overheat.
If it's a sailing boat, put the sails up, and see how she
manoeuvres under sail. Try out different points of sale. Examine
the mast and rigging under load.
If the boat does not pass on any of your tests, you do not
necessarily need to rule it out, as long as you are willing to
put some time (and money) into putting things right. Any
imperfections can be used as bargaining tools to negotiate a
lower price.
Get It In Writing
If you decide to purchase the boat, you should get a Sales
Agreement. This should state the terms and amount of payment,
and detail any pre-sale repairs that have been agreed on -
making clear who is responsible for carrying them out and paying
for them. It should also list which accessories are included and
the delivery and payment dates.
Beware Of Fraud
Does the price seem too good to be true? If so, it probably is.
The boat may either be stolen or the seller may take your
deposit and never be contactable again. Make sure that you get
the real address of the seller; you should be suspicious of
anyone who only uses a PO Box.
Verify all the contact details of the seller. If there is an
email address, make sure you can get a reply from them. Get a
telephone number for them and make sure it works.
If the boat is in a different country to the seller, be extra
cautious, and take even more care if either are outside of your
own country.
If anything just doesn't seem right, don't dismiss those
feelings until you've checked them out. Often your instincts are
correct.
About The Author
Simon White
Further information and boats for sale classifieds can be found
at:
http://www.theyachtmarket.com