Buying a boat is a big investment. You don’t want to make any decision that ends up taunting you for years to come. That is why you must make the decision with care. Involving marine surveyors Ft Lauderdale is one of the key things you can do to avoid making the wrong decisions. This is because surveyors understand boats better and will be able to offer valuable advice on the vessel you are considering. Let’s take a look at the top mistakes you must avoid when buying your first boat.
Relying on an old survey report
The fact most people fail to understand is that a survey report is simply a snapshot of a boat’s condition at the time a survey was done. A lot can change within a few days. A boat can be involved in an accident or the owner may change up some things. It is for this reason that when buying a used boat, you have to involve independent marine surveyors Ft Lauderdale.
The role of a boat surveyor is to perform a thorough assessment of the boat. They will be able to identify flaws in the vessel and make recommendations on repairs. The surveyor will also help you know if the boat has been priced fairly. If you need financing or insurance, in most cases you will require a survey report in order to qualify.
Buying too big
Just because you are fortunate enough to buy a 65-foot catamaran does not mean you should buy one. When searching for a boat to buy, you need to know what you need it for. You also have to be realistic about your skills and select a boat you are certain you can manage comfortably. Keep in mind having more space onboard does not mean you will use it all. A larger boat will also attract more marina and berthing fees, maintenance and haul out costs.
Failing to budget
A common mistake people make when buying a boat is assuming that the sale price is the only price they will pay. There are several expenses you have to keep in mind. They include marina and berthing fees, maintenance costs and the cost of insurance. When it is well maintained, a boat will have a better resale value when it is time to sell it.
Not asking for expert advice
As a first time buyer, there is a lot you don’t know about boats. The best thing is you don’t have to do everything alone. Advice and expertise from marine surveyors Ft Lauderdale will help you know if you are making the right investment. Always refrain from doing everything on your own.
Marine Surveyors Ft Lauderdale