Whether you are a boat owner or a boat buyer, it is important to make arrangements for a boat survey. It is only with a Fort Lauderdale marine survey that you will be able to uncover all the issues your boat has as well as understand its fair market value. Marine surveys are particularly crucial for boat buyers because they help reveal details that keep you from making bad investments. But how much does it cost to get a marine survey?
When it comes to the question of how much does it cost to put a boat in survey, there is no definitive answer. This is because there are so many factors that dictate price. These factors range from the type of marine survey you need to the size and condition of your boat. On average, it will cost you anywhere from $25 to $40 per foot. The cost varies mostly depending on the age of the boat, the number of engines it has as well as the scope of the inspection.
Type of Survey
As you may have guessed, the cost of marine surveys varies depending on the type of survey that is being done. For example, an insurance survey may cost you between $14 and $18 per foot. A pre-purchase survey, on the other hand, may cost you from $25 and $40. The reason for this price difference is the fact that a pre-purchase survey is more thorough than an insurance survey. The more thorough a survey is, the more time a surveyor will spend on the boat and the more it will cost you.
Additional Services
If you have worked with a surveyor before or have done your research, then you know that the role of the surveyor is only to observe, listen and compile a report. Marine surveyors are not mechanics. If there is an issue that needs a component to be taken apart, the surveyor will request that you bring in a mechanic. Mechanics will charge between $100 and $180 per hour for an engine inspection. This is a cost you will have to factor in because the surveyor will not compile a survey report until the mechanic does the requested assessment.
Still on additional services, you have to think about the cost of a haul out. This will have a significant impact on the overall cost of a marine survey. A haul out can cost between $10 and $15 per foot.
Hopefully this post has sufficiently answered the question of how much does it cost to put a boat in survey. The only thing left is for you to find a reputable surveyor. Keep in mind that surveyors charge different rates for their services.