The ultimate guide of buying a boat from Brisbane Yamaha
Buying a boat can be one of the enjoyable experiences in your lives, as it can change the way you enjoy your free time with friends and family members
19:40 20 May 2021
However, as it happens when buying a house or a car, it can also be stressful, so they have prepared this guide for buyers who have finally decided to buy their first boat or who need to remember the steps to take in the buying process.
The first thing is to decide which boat is the best suited to your plans and budget: perhaps this guide on choosing the appropriate ship is an excellent first step. It is important to remember that you must compare the price of the boat that interests you with others of the same type since the used boat market groups' similar ships with very different prices, even in the case of boats that came out of the same mold in the same year. If you are interested in buying boats, click here and find the detailed info.
Neither the most expensive nor the cheapest option is usually the best: more expensive does not mean higher quality or better maintenance, and bargains often hide problems. It's straightforward to search and filter searches on boats.com, and we'll quickly get an idea of what's on the market.
- Arrange a visit
On your first visit to the ship, if you do not have the help of a broker, you can be accompanied by a friend or someone you trust who knows the type of ship you have chosen and who can advise us. You will start by checking the condition of the boat's interior: you will look at the carpentry, the engine, the electrical installation, the tanks, bilge, kitchen, bathrooms, and other compartments. If you are satisfied with the general condition, you can then lift the boat out of the water and inspect the hull and its components. The buyer usually bears this cost, but you can negotiate a discount on the purchase price if it occurs.
- Navigation test
Once the previous points have been overcome, it is time to test the boat. Also, a broker or agent can be of great help since if you do not have much experience, it will be difficult to detect some less common problems. Depending on the boat, you can hire a skipper or invite an experienced friend who will surely be better positioned to assess the boat's behavior and equipment. You must do the test with time and in different sea conditions.
- Search and compare
Checking the sale price and characteristics of boats similar to the one you are interested in gives us a good idea of the market and will help us better negotiate the purchase price.
It is essential to ensure that the boat you have chosen is not more expensive than the market price. Searching boats for sale on boats.com can give us an idea of the market value of similar boats. However, the prices of second-hand boats can vary greatly depending on the equipment and state of conservation, among other factors such as location and time of year in which you will make the purchase.
In many cases, the financing of the purchase is studied right at the beginning of the process when you think about buying a boat for the first time. It is essential to carefully define the necessary budget and the amount to be financed, if applicable. There are many finance companies and banks with consumer credit lines, and it is worth getting proposals from some and details of their services. Financing usually involves taking out insurance, so you have to think about how this will affect your budget.
A broker or an agent who assists us in the purchase will collect all the necessary documentation so that everything is processed without problems. You can also hire an agency with experience in the sector that does not advise. But if you prefer, you can carry out the whole process.
The contracts for the purchase and sale of boats are mandatory and are governed by the provisions of the Civil Code, freedom of form. In addition, when the seller is a professional, the buyer is protected by the General Law to defend consumers.
To solve problems, it is best to do all the previous work very well. If an inspection has been done, the surveyor's report will be of great help in listing and reflecting the condition of the boat and its equipment in the contract. If not, you will do your best to make a detailed inventory of the boat and the equipment subject to the inspection sale and attach it to the contract.
Conclusion: So if you are going to buy a boat for your business or your personal use., make sure that boat will have the required features.