Buying a used yacht
According to statistics, 60% of first-time boat buyers choose to buy a used yacht. Part of the lure is the price and of course, if you’re just starting out, you may not be ready for a big financial investment. Another popular reason with most people is that the yacht has been used and it thus tested and trusted. But is a used yacht really reliable? The fact that it was pre-owned may or may not result in unpleasant future surprises. Here are four pitfalls to avoid buying a used yacht.
According to statistics, 60% of first-time boat buyers choose to buy a used yacht. Part of the lure is the price and of course, if you’re just starting out, you may not be ready for a big financial investment. Another popular reason with most people is that the yacht has been used and it thus tested and trusted. But is a used yacht really reliable? The fact that it was pre-owned may or may not result in unpleasant future surprises. Here are four pitfalls to avoid buying a used yacht.
How safe is the engine, have you checked?
The engine may have been patched up. The engine of any device is the most important. Yachts are not any different. The engine’s water jackets may have cracks, which mean it hasn’t been properly winterized. The engine mounts may have also been worn out causing the engine to be misaligned. The cylinder compression and exhaust system should be checked as well.
The engine may have been patched up. The engine of any device is the most important. Yachts are not any different. The engine’s water jackets may have cracks, which mean it hasn’t been properly winterized. The engine mounts may have also been worn out causing the engine to be misaligned. The cylinder compression and exhaust system should be checked as well.
Consider the Yachts wiring
Do you know whether or not the wiring on the boat has been replaced? Wiring problems on a yacht is a nightmare for any owner. Yacht wiring schematics often run under deck into closed compartments. If you are looking to buy a used yacht, you will need to turn on every electrical item. Even if you take a peek at the fuse box, you might not know exactly what is wrong. To be sure of the wiring, you may need to hire a professional to take a second look. This service won’t come cheap and after a few years the multitude of issues you might discover occur over time with a used yacht could have you questioning whether or not it would have been better to consider a brand new purchase, perhaps something with a German Frers yacht design instead.
Do you know whether or not the wiring on the boat has been replaced? Wiring problems on a yacht is a nightmare for any owner. Yacht wiring schematics often run under deck into closed compartments. If you are looking to buy a used yacht, you will need to turn on every electrical item. Even if you take a peek at the fuse box, you might not know exactly what is wrong. To be sure of the wiring, you may need to hire a professional to take a second look. This service won’t come cheap and after a few years the multitude of issues you might discover occur over time with a used yacht could have you questioning whether or not it would have been better to consider a brand new purchase, perhaps something with a German Frers yacht design instead.
Have you checked your Hull?
The Hull is the foundation of a yacht or indeed any naval vehicle. Most hulls will have blisters which are pockets of moisture trapped between the layers. Over time, these blisters will grow and pop and this is not good for the resale value of these boats. The rub rail is also one area to check. A damaged rub rail indicates a stressed joint. A stressed or incomplete joint seal might eventually need a repair.
The Hull is the foundation of a yacht or indeed any naval vehicle. Most hulls will have blisters which are pockets of moisture trapped between the layers. Over time, these blisters will grow and pop and this is not good for the resale value of these boats. The rub rail is also one area to check. A damaged rub rail indicates a stressed joint. A stressed or incomplete joint seal might eventually need a repair.
Have you checked your steering systems?
A worn steering system is both dangerous and expensive to repair. The cables and mounting areas are the most common areas of wear. Experts will check for a limited slack while testing the steering before buying. Steering issues are major safety issues that are very expensive to repair.
A worn steering system is both dangerous and expensive to repair. The cables and mounting areas are the most common areas of wear. Experts will check for a limited slack while testing the steering before buying. Steering issues are major safety issues that are very expensive to repair.
Cracks are concerning- Any used yacht will definitely have a crack or two. However, many cracks or cracks in a pattern could show structural or impact damage. Multiple cracks could also mean delamination.
Essentially, buying a used yacht entails some inherent risk and ultimately might not even be much less expensive. If the used yacht or luxury boat passes through this checklist, you could consider forking out your money to buy one, however our recommendation would be to consider something with a German Frers Yacht design to help maintain its value over time.
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