It seems logical to assume that the process of buying a boat is not too different from buying a car. While the two processes share similarities, they have key differences. For example, when buying a used car, you will get away with working with your mechanic to assess the vehicle. For a used boat, you will need boat surveyors Fort Lauderdale trusts. It is good to understand the steps involved in a boat-buying journey.
Choose a boat
While it is the obvious first step, it is not a small decision. Although there are so many boats on sale in Florida, not all of them will be perfect for you. You must set aside adequate time to find the right boat. You also need a budget. The top questions you must ask when searching for a boat include the following:
- How big should the boat be?
- What do you need the boat for?
- How expensive is it to maintain your target boat?
- How much insurance will you need?
The above are just a few questions you will have to ask. Next, you will need the input of boat surveyors Fort Lauderdale depends on. The surveyor’s role will be assessing the vessel to help you determine if it is in good condition or not. A marine surveyor will also help you know the vessel’s fair market value. You can use this information to inform your decision and negotiate with the seller.
Arrange to view
With the list of the potential boats you have shortlisted, you need to contact the brokers or sellers to arrange a viewing. Viewing helps see the vessel in person and allows you to ask vital questions such as what will be included in the sale. View all the vessels on your list before settling on one.
Check the title documents
Before you go any further with the purchase, you need to let your marine surveyor evaluate the boat and check the title documents. The goal here is to ensure the vessel is in good condition and that the seller owns the boat 100%. You don’t want to buy a vessel that a marine mortgage. You also want to be certain that the owner is free from charges, debts, liens and encumbrances. Your marine surveyor will review all the necessary documents and check if the vessel has VAT paid or is VAT exempted.
Sign the contract
When buying through a broker, you will have to sign a contract. The contract is legally binding and must be signed by both parties. Therefore, ensure you understand all the clauses before you sign. A deposit will also have to be paid to show commitment.
Boat Surveyors Fort Lauderdale