subject: Great Hints & Tips If You Are Looking To Acquire A Motorboat [print this page] No matter what type of boat you are looking to buy, there are some very important points that you should take into consideration first. After all it can be one of the biggest investments that you make in your entire life and you need peace of mind when spending so much money that it is sound. Here we have a look at some basics to consider when looking to buy boats.
- Have you checked the dealer's background? Are they recognized by the relevant boat manufacturer for example if buying new?
- If purchasing do you have a valid contract between each party?
- Know early on what is actually part of the sale. For new boats for example many items may be optional extras and with a second hand boat get a list written so that both you and the seller are clear on what items are being sold in the price.
- When buying a used boat, make sure that your offer is subject to a survey and possibly a sea trial.
- If you buy a boat with finance, does the finance company register the boat or are you responsible? Also find out the date that insurance will need to be active.
- Ensure that the final price is fixed and agreed and then set a date and time for deposits or payments.
- If a used boat, does the current owner have the relevant owner documents?
- Pre arrange an agreed delivery date.
The purchase cost of your lovely new vessel is not the end of your expenditure as boats require further running costs. Here are some examples of these:
Taxes; Survey; Insurance; Trailer; Storage; Docking or mooring fees; Fuel; Boat and trailer registration; Maintenance; Equipment (fire extinguishers, flares, life jackets etc).
That outlines most of the basics to keep in mind while you are looking to buy boats. As you can see there are many important decisions and factors involved whether buying a new boat or used. However use the above points as a base and you should find a sound investment along with a smooth sale.
by: Frederick Berry
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