Buying a used boat enables a buyer to get the boat they want but a fraction of the cost. Moreover, just like a car, a used boat is not impacted heavily by depreciation. However, even when you are buying a boat from a close friend, it is imperative that you get a professional opinion on its condition. With that being said, the answer is a resounding yes to the question of should I get a boat survey before buying in Naples FL.
Any professional or experienced boat owner will let you know right away that a marine survey is an important step to take when buying a pre-owned boat. But why exactly should I get a boat survey before buying? Here are some of the key reasons why a marine survey is important.
To ensure the boat is safe
One of the key reasons you need a marine survey done is that it helps identify any safety issues or potential hazards that a boat may have. Common safety issues that can be identified include structural damage, corrosion, or faulty electrical systems. Making sure the boat doesn’t have any safety problems will help ensure the boat is safe for use. The input of a marine surveyor will thus help prevent accidents or other issues while on the water.
Uncover hidden problems
When getting ready to sell a boat, most sellers tend to do some cosmetic work aimed at concealing issues. A marine survey can help identify hidden problems on a boat. Some of these issues may not be apparent during a casual inspection. The issues can include problems with the engine, hull, or other critical systems that may impact the boat’s performance or longevity. Understanding all the issues that a boat has can help renegotiate the selling price or pull out of a bad deal.
Determining the value of the boat
There is nothing worse than learning later that you got shortchanged when buying a boat. To avoid this, you need a marine surveyor to appraise the vessel you are after. A marine survey can help determine the fair market value of a boat. This information can help you negotiate a fair price for the boat as well as help you avoid overpaying for a boat that requires significant repairs or maintenance.
For insurance purposes
Many insurance companies will require you to provide a marine survey before they insure your boat. In most cases, the insurer will provide a list of items that have to be reported on.
As you can see, there are so many reasons why you need to get a boat survey done before buying a used boat. You must, however, be careful who you hire to perform the survey. Find a surveyor that is not only experienced and has a good reputation but one that has experience surveying vessels that are similar to the one you are buying.