Buying a new boat

When buying a new boat here are some key questions you should be asking the dealer or retailer: 

  • Is the retailer/dealer a member of an association that requires its members to adhere to a code of practice? For example the BMF, BRBA or ABYA?
  • What are the payment arrangements and what stage payments, if any, are required?
  • When does title in the boat pass over to you?
  • If using marine finance – What are the detailed arrangements for payment and discharge of the finance?
  • What title documentation will be provided eg Part 1 Registration, Boat Builders Certificate, Bill of Sale, RCD compliance, invoice showing that VAT has been paid on the purchase. 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 documentation?


Contracts

  • Is the organisation using an approved standard contract such as the standard BMF/ABYA agreements?
  • Is the contract subject to sea trial and survey or is there a Pre-Delivery Inspection note you can obtain?
  • Does the contract contain a specification or inventory?


Post purchase

  • Will the retailer/dealer take care of registration on your behalf?
  • 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?

 

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