A Definitive Guide To Buying A Used Boat

Purchasing a secondhand boat can be both thrilling and profitable. Whether you're a seasoned boater or a first-time buyer, buying a used boat provides several advantages, including cost savings and access to a larger variety of models. However, to make an informed selection, you must approach the process with prudence and comprehensive investigation. We will give you vital insights and crucial actions to take when purchasing a secondhand boat in our complete guide.

Find A Used Boat 

When it comes to selling a boat privately, there are numerous avenues available, ranging from dedicated boat-selling websites to the bulletin board at your neighborhood bait shop. Upon finding a boat that catches your interest, it is advisable to arrange a phone call with the seller instead of relying solely on email correspondence, as emails can be easily exploited by scammers. It is essential to exercise caution and never contemplates purchasing a boat without physically inspecting it. If the boat is located far away, consider having someone you trust inspect it in person before proceeding with the purchase.

Inspect the Boat 

When buying a used boat, the inspection process is a critical step that varies in complexity depending on the type and size of the vessel. Assessing an aluminum fishing boat with a tiller-steer outboard is relatively straightforward compared to examining a larger, more intricate 30-foot, multi-engine center console boat. The size and value of the boat also amplify the significance of this step since there is more at stake.

Sea Trial 

When considering a boat purchase, it is crucial to schedule a sea trial for any vessel you are interested in. If you are looking at a smaller boat, arrange to meet the seller at the launch ramp to get a closer look at the trailer as well. During the sea trial, ask the seller to demonstrate the boat's various features and then proceed to launch it into the water. Take enough time to warm up the engine and ensure that all systems are functioning properly. Pay attention to important factors such as the engine's ease of starting and smooth operation, the functionality of the trim, and the proper working order of lights, electronics, instruments, and audio systems, as well as pumps for live wells and bait wells. A thorough sea trial will help you assess the boat's overall performance and ensure that all essential components are in good working condition.

Draft A Purchase Agreement 

After completing the necessary steps in the boat-buying process, it is essential to create a boat purchase agreement or bill of sale. State government websites often provide purchase agreement forms, or you can utilize blank forms offered by reputable sources like BoatUS and the U.S. Coast Guard. This agreement should comprehensively outline all the items and accessories that you anticipate being included in the sale. It is advisable to include specific details such as serial numbers for electronics, spare propellers, and even additional items like coolers or dock lines. By documenting these specifics in the agreement, you can ensure clarity and avoid any misunderstandings during the transaction.