When it comes to buying a new boat, many buyers will opt to have a pre-purchase boat inspection. Some insurance companies will ask for a boat inspection before providing you with full insurance cover. If you intend to buy a boat, you should have a survey. It is also a good idea to give you peace of mind.
An inspection is likely carried out on behalf of the buyer. However, this doesn't mean that you shouldn't commission one when you are selling your boat. Although it contributes to an additional cost, it may also brings some benefits. If you are a buyer you should have your own survey you will then be sure that the boat you are buying is all that she is meant to be.
Smooth Sales Process
Boat inspections ensure that the sale process goes on smoothly. For example, the surveyor will check your boat thoroughly and notify you of any problem areas. It means you can repair them before you put your boat on the market. The result is if a buyer wants to have an inspection, you'll be ahead of the game.
Having a quality boat inspection is important. If you have a substandard one, you risk looking dishonest, even if you were not aware that the problems existed. Keep in mind that some problems may be difficult to detect without an inspection, meaning you need to look for experts to carry them out.
By making sure that potential buyers know the problems identified during the boat inspection, you will reduce the risk of facing lawsuits and aftersales disputes. Remember that it can be expensive to deal with court cases when you compare them to the amount you could have spent correcting the problems.
Carrying out regular boat inspections provides you with several benefits. In the event that you decide not to repair the problems, one option is to reduce the price of the boat when selling. A boat inspection will help you in avoiding buyer cancellation and any potential lawsuits.