Buying a New Boat - Checklist
This handy guide will provide you with the essential questions
that you should be asking your broker/dealer when purchasing a new
boat - print this page out and take it with you.
Deciding whether to buy a new or used boat is in part
dependant upon your budget but there are other factors you need to
take into account too.
- Is the retailer/dealer a member of an association (BMF,
BRBA or ABYA) that requires its members to adhere to a code of
- What are the payment arrangements/are there any stage
- When does title in the boat pass over to you?
- What are the arrangements for payment and discharge of the
- What title documentation will be provided - Part 1
Registration, Boat Builders Certificate, Bill of Sale, RCD
compliance, invoice with proof of VAT payment?
- Can you view these documents in advance of completion?
- At what stage do you become responsible for the boat and liable
for the payment of insurance and mooring fees?
- What are the arrangements for completion eg payment of monies,
delivery/pick up, handover of keys and title
This is a formal agreement between you and the seller. Don’t be
tempted to buy a new boat without one, although if you are
making a smaller purchase, such as a canoe or dinghy, you are
unlikely to enter into a formal written agreement.
- Is the organisation using an approved standard contract such as
the standard BMF/ABYA agreements?
- Is the contract subject to a sea trial and a survey or is there
a Pre-Delivery Inspection note you can obtain?
- Does the contract contain a specification or inventory?
- Does your contract have an agreed delivery date, and
detail any penalties if the delivery is delayed?
There are many professional organisations that can help you
to find the right finance for your boat - click
here to find a company
- Will the retailer/dealer take care of registration on your
Are there any after sales services you can obtain?
- Is there a warranty in addition to your statutory rights?
- Can the retailer/dealer suggest any qualifications / training
that you can embark on?
For further advice and information
Download the New and Used Boat Buyer’s Guide produced by
the BMF and RYA packed with even more information.
Just pick up the phone to the company you are thinking of buying
from and don’t be afraid to ask all you questions and iron out any
Royal Yachting Association
If you are member of the RYA
call their legal department for plenty of sound advice on sailing
and power boats.
Pick up a boating magazine which often has articles on this type of
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are BMF members - why is this