Buying a used boat is a fantastic way to get out on the water without breaking the bank. It’s important to remember with any purchase comes certain risks, however. That’s where a pre-purchase inspection comes in handy. Today we’ll discuss pre-purchase inspections, what they do and why you need them.
What is a Pre-Purchase Inspection?
A pre-purchase inspection, also known as a marine survey, is thorough examination of a boat. Examinations are performed by a qualified marine surveyor. The surveyor will evaluate exterior and interior systems. This includes but is not limited to:
- The hull
- Deck
- Interior
- Mechanical systems
- Electrical systems
- Any other relevant areas
The surveyor will also check for signs of damage, wear and tear and any repairs made.
Why should you consider getting one?
These inspections are a must for any potential buyer. With one, the buyer can make a better-informed decision and determine if the asking price is suitable. Moreover, inspections may provide the buyer with better negotiating power. Most importantly, these surveys provide peace of mind. I’d personally hate to purchase a boat without knowing whether or not it will be reliable and safe on the water. This is doubly true if you’re taking family and friends along for the ride. A qualified professional can provide assurance, confidence, identify risk and improve purchasing power.
Moreover, a quality pre-purchase inspection will identify the quality and nature of previous repairs, fixes and services. A well-maintained boat will result in a longer lifespan and a sounder investment. Lastly, these inspections are a requirement for insurance companies, similar to a pink slip for cars.
Don’t delay in getting one
A pre-purchase inspection is a must. Don’t put it off or think it doesn’t matter. Invest into inspections and you’ll save yourself a world of troubles. As a reminder, look for surveyors who provide thorough examinations covering internal and external features. Armed with information about a boat’s condition, service history and potential problems, you’ll be informed to make the best decision possible. Buy second hand but do it right.
Being third-parties, pre-purchase inspection companies can provide an honest, unbiased examination. We highly recommend BoatBuy for all your survey and inspection needs. They have a reputation for high quality service, professionalism and reliability in the marine industry. Of course, once you have your boat, we can teach you how to best use it here.
