Buying a boat.
Author
Discussion

Markymark69

Original Poster:

474 posts

195 months

Wednesday 28th April 2010
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Hi all,

When buying a boat, lets say this one http://www.boatsandoutboards.co.uk/view/F215601

What is the procedure?

Do boats have an equivalent to MOT's ?

Is there an HPi type check to be done to check if stolen/financed?

What do boats have for log books/ownership papers?

Where would you go to get one checked for problems?

Sorry for all the questions, never bought a boat before, many thanks in advance.

Huntsman

9,086 posts

273 months

Wednesday 28th April 2010
quotequote all
See responses below, you'll need more boaty help than you'll get on PH, join the forums at YBW.com.



What is the procedure? BMF have a standard template for the sale contract.

Do boats have an equivalent to MOT's ? Only if used on rivers and canals, not at sea.

Is there an HPi type check to be done to check if stolen/financed? Tricky.

What do boats have for log books/ownership papers? Maybe, probly not, ask the seller.

Where would you go to get one checked for problems? A marine surveyor!


Markymark69

Original Poster:

474 posts

195 months

Wednesday 28th April 2010
quotequote all
Nice one, thanks for that.

Rum Runner

2,340 posts

240 months

Thursday 29th April 2010
quotequote all
Hi Mark
If you buy from a broker the owner has to sign a listing agreement which goes into finance etc.
If you agree to buy then a agreement of sale is signed between the owner and purchaser.
Then a BMF Bill of sale will be issued transferring ownership from one owner to another.

If buying private it is good practise to ask for a the last Bill of Sale. (Not everyone will have one as it is not a legal requirement like a car log book.)

It is also important to have a paper trail from when the boat was new, including the original purchase invoice. Many boats are now being sold out of the U.K given the weak £. This will not happen if there is no proof of VAT being paid in the U.K. ( If the boat is older than 1985 then this is not a problem).

Also make sure if buying a powerboat that it has been CE Plated or this can be another issue when it comes to selling it. ( Many boats where imported by private customers specially when the £ was strong against the U.S.D $ ).

Good surveyor will save you £1000's and a lot of heartache

We try to do it properly.....

Oh and with that boat check the trailer properly and price up a new one before you buy it....looks also like it maybe sat in fresh water rather than salt so given the age Osmosis could be a issue...though on the flip side the engine and leg may have less corrosion..... again survey.


Edited by Rum Runner on Thursday 29th April 11:39

Markymark69

Original Poster:

474 posts

195 months

Thursday 29th April 2010
quotequote all
Rum Runner said:
Hi Mark
If you buy from a broker the owner has to sign a listing agreement which goes into finance etc.
If you agree to buy then a agreement of sale is signed between the owner and purchaser.
Then a BMF Bill of sale will be issued transferring ownership from one owner to another.

If buying private it is good practise to ask for a the last Bill of Sale. (Not everyone will have one as it is not a legal requirement like a car log book.)

It is also important to have a paper trail from when the boat was new, including the original purchase invoice. Many boats are now being sold out of the U.K given the weak £. This will not happen if there is no proof of VAT being paid in the U.K. ( If the boat is older than 1985 then this is not a problem).

Also make sure if buying a powerboat that it has been CE Plated or this can be another issue when it comes to selling it. ( Many boats where imported by private customers specially when the £ was strong against the U.S.D $ ).

Good surveyor will save you £1000's and a lot of heartache

We try to do it properly.....

Oh and with that boat check the trailer properly and price up a new one before you buy it....looks also like it maybe sat in fresh water rather than salt so given the age Osmosis could be a issue...though on the flip side the engine and leg may have less corrosion..... again survey.


Edited by Rum Runner on Thursday 29th April 11:39
Have you got anything similar to the advert?

20K max, 4 or more berth, river use?

And a good time to call.

Also many thanks for that.Some of the boating forums seem a bit daunting if you aint got a yacht smile

Edited by Markymark69 on Thursday 29th April 12:13


Edited by Markymark69 on Thursday 29th April 12:13

Rum Runner

2,340 posts

240 months

Thursday 29th April 2010
quotequote all
Hi Mark
Call any time. I do have something similar but I am hoping the owners sells it himself as its not the best, I would not wish anybody to travel any distance on a wild goose chase.
I do have some nice ones at a similar price, but 2 Berth with cockpit enclosure and you need at least 4 berth.
I have similar 4 berth boat and one in amazing condition but over 30K and not as old.
Some of the other offices may have something...


Edited by Rum Runner on Thursday 29th April 20:00

Markymark69

Original Poster:

474 posts

195 months

Thursday 29th April 2010
quotequote all
Rum Runner said:
Hi Mark
Call any time. I do have something similar but I am hoping the owners sells it himself as its not the best, I would not wish anybody to travel any distance on a wild goose chase.
I do have some nice ones at a similar price, but 2 Berth with cockpit enclosure and you need at least 4 berth.
I have similar 4 berth boat and one in amazing condition but over 30K and not as old.
Some of the other offices may have something...


Edited by Rum Runner on Thursday 29th April 20:00
Sorry to be a pest, could you PM me a best number, i could stretch the budget a bit.

The wife is giving me some heavy drama about something for the family now, ie boat, as as far as she is concerned i have wasted a fortune on cars.

Again many thanks, Mark.

Simpo Two

91,246 posts

288 months

Thursday 29th April 2010
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£16,500!!

You could get four Freeman Mk2s for that.

www.freemancruisers.com/

Markymark69

Original Poster:

474 posts

195 months

Thursday 29th April 2010
quotequote all
Many many thanks Rum Runner, top man you are taking time out on the phone there.

Rum Runner

2,340 posts

240 months

Thursday 29th April 2010
quotequote all
Mark, No problem..

www.abersoch.co.uk

Mike is RYA Powerboat Instructor and has this hotel http://www.egryn.co.uk/ Close to beach and amongst the other bars restaurant in the centre of the village.
Plus the sailing / Powerboat school. http://www.abersochsailingschool.com/index.htm


Edited by Rum Runner on Thursday 29th April 22:06

andy c

1,216 posts

216 months

Friday 30th April 2010
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River use, Better off with twin shafts than twin sterndrives.Shafts will turn on a sixpence.You may have a bit of fun with sterndrives if there is a bit of wind or water flow in the wrong direction.
Single Engine sterndrives can wander and not go straight in the hands of the inexperianced.Some boats you may end up forever correcting the steering which can be wearing.Dont let that put you off as im sure with a bit of practise the Sunbird will be fine.

The original VAT invoice is essential, as if you do not have proof, the Vat man can come to you for it ,Not that they have a clue.Chances are you may never get checked unless you go abroad, and you may have trouble selling without one.

I doubt an older boat would have finance on it but you never know.If its got finance directly on the boat the company would probably require it to be registered on Small ships register or Part whatever it is register.

If you dont want a survey done, and are mechanically minded, go through it with a tooth comb yourself.Check there is no blistering on the hull(osmosis)Check the structural bits supporting the hull have not cracked or come away from the hull inside.Check everything works as it should.remove a bit of oil from the drives and check it is not milky of full of metal fillings.Make sure it will get up on the plane.Check for corrosion or pitting on the outdrives and that the anodes are still intact.Check everything.If you check it properly you will know the boat inside out once checked.
Expect to spend some money on an old boat every year.Starter motor here,exhaust risers there and the water pump.If its moored on a river it should have a boat safety certificate.If on the Thames it should be licenced with the Enviro Agency.
Boats are expensive to run and repair.Expect it to be and you wont have any surprises.

If your going out to sea, do a powerboat level 2 course(2 days) and a vhf course(1 day).Well worth the 3 days and join sea start if you are worried you may breakdown and are on the south coast.( like the rac on the water)

Christ a man could go on and on all day.

Go on www.ybw.com forum.It is a goldmine of info from many thousand of "experts" It is user friendly.


Rum Runner

2,340 posts

240 months

Friday 30th April 2010
quotequote all
Single engine stern drives are much better with Duo Prop or Bravo 3 legs as thye tend to wander less.
Have to disagree with you on the maneuvering, shaft over stern drive. Stern drive is steerable power when in close quarters and is very easy with twins.
I am also used to using Shafts, twins and thruster. Yes you can make them walk sideways but it is easier with stern drives when backing up.

Edited by Rum Runner on Friday 30th April 13:10

andy c

1,216 posts

216 months

Friday 30th April 2010
quotequote all
Rum Runner said:
Single engine stern drives are much better with Duo Prop or Bravo 3 legs as thye tend to wander less.
Have to disagree with you on the maneuvering, shaft over stern drive. Stern drive is steerable power when in close quarters and is very easy with twins.
I am also used to using Shafts, twins and thruster. Yes you can make them walk sideways but it is easier with stern drives when backing up.

Edited by Rum Runner on Friday 30th April 13:10
Ive never driven a twin stern.I have a single stern with dp and another with twin shafts.I know you can turn on the spot and walkaround with 43ft on shafts without thrusters.

With single dp ,it was easy to oversteer when I first got it.Now I just leave the steering alone and it goes straight.It can be a bugger trying to get into a berth when the winds up but being small you can push it to where its got to be.

Rum Runner

2,340 posts

240 months

Friday 30th April 2010
quotequote all
andy C , yeah true enough....
I used to a live on / run a 70ft on shafts with bow thruster, the thruster was powerful enough to offset the turn if one engine forward and one back and with the use of prop walk you could take it in perfectly sideways towards a dock. It was very useful when getting blown off. (Though I did have no thruster for 3 months which was a challenge given the condition and width of Caribbean dock back then...a few butt clenching moments, especially with steel reinforcement rods sticking out in random places.)
Better still stern thruster as well. A mate of mine ran Leopard 88 with Arneson stern drives which are a bugger, one day he tried to get in without his stern thruster and clouted a new 175ft Fedship which left 10ft of damage on the Fedship and big $ bill.



Edited by Rum Runner on Friday 30th April 16:39

Markymark69

Original Poster:

474 posts

195 months

Friday 30th April 2010
quotequote all
Thanks again for the comments guys.

A course and a survey are something i think i will be doing, even though i dont intend to go near the sea, and knowing nothing about boats.

Edited by Markymark69 on Friday 30th April 16:52