Essentials
Whatever you are buying you need to consider:
Payment
1. make sure you buy from a reputable source
2. where possible try before you buy
3. always keep your receipts
4. check what to do if you have a problem with your purchase
5. find out who you are buying from and where
your money is going. This is particularly vital
for larger purchases and entering into a contract is always
recommended.
Contract
This is a formal agreement between you and the seller. Don’t be
tempted to make a second-hand or new boat purchase without one,
although if you are making a smaller purchase, such as a canoe or
second-hand dinghy, you are unlikely to enter into a formal written
agreement.
VAT
Avoid the pitfalls
Finance
Obtaining it and
checking for outstanding finance
Surveys
You probably wouldn’t
be tempted to buy a house without knowing more about its current
state. It’s just the same with boats! For larger purchases it’s
always wise to have one.
After sales
Things to
consider once you’ve bought your boat
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
potential worries.
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
thing