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Looking at buying a boat? Here are some key factors to look at before you make the purchase.
Summer has hit and the water is calling! It’s no secret that with warm weather and a break over Christmas, now is a popular time for boat buyers. While it is exciting for would-be skippers, ensuring you make a solid investment requires a measured approach. From paperwork to the hull and all the way to the stern, every detail matters.
It is also the time to think about how you will pay for the boat. Given the size of the investment, it’s important to understand that a better finance deal will save you money over the term of your arrangement – in fact, these savings can be quite significant! Get You Finance can quickly show you tailored boat finance that suits your needs and budget – simply contact our Melbourne-based team and we will do the rest for you.
Moving on to our list of items to check through when looking at buying a boat, we’ve broken down this checklist to help you make an informed decision.
Essential Paperwork
Before diving into the physical inspection of the boat, it’s crucial to ensure the seller has all the necessary paperwork. The absence of proper documentation can be a worry, particularly for newer boats.
Documentation
Check for necessary paperwork such as registration (if applicable), titles, and any other relevant documentation which might include servicing and works completed on the boat.
Hull Inspection
If you believe the paperwork is in order, it’s time to look at the hull. From the exterior to the interior, it’s important to inspect the boat’s structural integrity.
Exterior Inspection
Visual
Begin by carefully inspecting the exterior. Look for major knicks, gashes, and splits in the fibreglass. Check for any gel coat spidering or stress cracks.
Condition
Evaluate the condition of the gel coat or paint. Ensure the hull is straight without major dents and be on the lookout for barnacle build-up.
Rub Rail
Inspect the rub rail for any signs of damage, as this can indicate how well the boat was cared for by its previous owner.
Staining and Marks
Check for water staining around the transom motor mount bolts, and inspect for brown water staining around the plug.
Trim and Metal Components
Examine the condition of trim, lights, rub rail, and other metal components. Look for signs of pitting and corrosion.
Interior
Moving to the inside of the hull, pay close attention to the upholstery, floor, and hidden areas.
Upholstery and Floor
Inspect trimming for signs of wear and tear. Check the floor’s solidity; any spongy or flexible spots that are not solid are red flags.
Hatches and Hidden Areas
Lift all hatches and inspect for dampness. Probe hidden areas thoroughly, as issues tend to hide where they’re least expected.
Electronics
Test all electronics, including lights, horn, bilge pump, radio, and speakers. Ensure the wiring is properly connected and of marine-grade quality.
Stern Inspection
Finally, move to the stern for a look at the motor and bilge areas.
Motor and Bilge
Motor Mounts
Inspect motor mounts for dryness and cleanliness.
Bilge Area
Assess the cleanliness of the bilge. Brown water stains may indicate improper oil disposal.
Transom
Inspect the transom from the inside for signs of rot.
The Final Say
Remember, thorough inspections are the key to ensuring your new boat provides a safe and enjoyable experience on the water.
If you would lke to know how much you can spend, contact us now for a tailored quote 0 it’s quick and only takes a minute!