By Barry Pickthall
Procuring a ship could be a minefield, yet a guide like this may make it much more straightforward for would-be boat vendors to make good, trained choices.
Whether paying for a brand new or second-hand boat, would-be vendors will achieve specialist recommendation on themes including:
- the kind of boat suited for their needs
- the place to discover it (brokers, etc)
- what to seem out for
- find out how to determine it (especially vital for secondhand boats)
- inquiries to ask
- environment a practical budget
- discovering a mooring
- documentation required
- and masses, a lot more
Lively, smooth and tasty, and illustrated with colour images all through, this advisor is filled with checklists and insights from actual proprietors who percentage their studies. Armed with this ebook, would-be boat vendors are way more more likely to prove with the precise boat for them!
Read or Download Buying a Yacht: New or second-hand PDF
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Extra resources for Buying a Yacht: New or second-hand
When purchasing second hand, look for stress cracks around the shroud plates, mast slot and corners within the moulding. Star crazing within the gel coat around the hull and deck is a clue to minor impact damage. Check also for signs of osmosis. This water penetration through the outer gel coat manifests itself as small blisters below the waterline. This is expensive to repair, requiring the gel coat to be planed off, the hull dried, and the affected areas re-coated with an epoxy-based resin. Wooden Wooden yachts have more character but require more work.
The simplest way to secure this is to spread the payments across a number of credit cards. Then, in the event of the agent or builder going out of business, you can make a claim against the card companies. The purpose of stage payments is to fund the cost of equipment and materials during the construction process. One way to secure these payments is to stipulate within the contract exactly what those assets are: the mouldings, engine, spars, sails, electronics and furnishings etc, then ensure that moulding and part numbers are listed as addendums to the contract.
Boats built in the EU since 1998 will have documentation that they complied with the RCD when first offered for sale, but yachts built within the European Union prior to this date remain exempt unless they have been sold outside the EU and then re-imported. If any of the paperwork is missing then the authorities could well impound the boat the moment you try to move her. The most common problems stem from outstanding claims for unpaid bills, and vessels that have overstayed their temporary import permit.
Buying a Yacht: New or second-hand by Barry Pickthall
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