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Used boat buyers advice......
Posted on 6/28/14 at 2:07 pm
Posted on 6/28/14 at 2:07 pm
What is some advice for those looking in the used boat market? Sea trial prior to offer? I'm in the market and would like the motor checked out prior to purchase, would you do two separate sea trials?
Posted on 6/28/14 at 2:15 pm to TJG210
Sea test where you use every gadget on the boat. Make sure to have an impartial boat mechanic thoroughly check out the motor with a compression test included. Make sure the wheel bearings and tires are good on the trailer.
I bought my skiff used and got a great boat for a very reasonable price.
I bought my skiff used and got a great boat for a very reasonable price.
Posted on 6/28/14 at 2:20 pm to TJG210
Never make an offer on a used boat without four contingency clauses all to the the purchaser's satisfaction.
1) Survey
2) Sea trial
3) Financing
4) Engine compression test.
ETA: As previous poster said check the bearings on the trailer. Drag it for 1/4 mile or so, stop, feel the bearing caps and if they are hot then the bearings need to be replaced. It is an easy job. All you need is a jack, cold chisel, ball peen hammer, channel lock pliers, new bearings and some grease.
1) Survey
2) Sea trial
3) Financing
4) Engine compression test.
ETA: As previous poster said check the bearings on the trailer. Drag it for 1/4 mile or so, stop, feel the bearing caps and if they are hot then the bearings need to be replaced. It is an easy job. All you need is a jack, cold chisel, ball peen hammer, channel lock pliers, new bearings and some grease.
This post was edited on 6/28/14 at 2:25 pm
Posted on 6/28/14 at 2:24 pm to Swampeast
Would you take the mechanic on the sea trial?
Posted on 6/28/14 at 2:27 pm to TJG210
quote:
Would you take the mechanic on the sea trial?
I'd take whoever I wanted. If you want an experienced boater to go with you then it could be your mechanic or anyone else. But the sea trial is more for you to test the handling and performance of the boat not the mechanical condition of the engine.
This post was edited on 6/28/14 at 2:30 pm
Posted on 6/28/14 at 3:12 pm to TJG210
The three best pieces of advice I can give;
(1) Sea trial - as mentioned already, take it out and see how it performs. During that time, look in/out of every nook/cranny.
(2) You are buying the seller as much as the product - it might sound weird but you are buying the person and how they maintained and used the boat. There's a big difference between someone that just puts the boat/motor up after each use and someone that does a thorough rinsing...obviously. Look at how they keep their other assets.
(3) Get two notarized Bills of Sale or complete two separate Bills of Sale for the boat and trailer. In my experience, the LAWLF will take the original Bill of Sale for the boat and then complain about making you a copy. The DMV will also want an original copy for the trailer.
Get them notarized with two independent witnesses.
You can get a survey on the boat and motor but that takes time and $$$$. A good sea trial using common sense and knowing whether you can trust the seller will ferret out any major issues.
As mentioned, if you can get a seller to agree to those conditions of a survey, sea trial, compression test, etc...go for it. However, very few sellers for smaller boats (usually under $100K) will take the time and effort to go through that because another buyer with less hassle will be along shortly if not standing in line behind you.
Good luck with the sale!
(1) Sea trial - as mentioned already, take it out and see how it performs. During that time, look in/out of every nook/cranny.
(2) You are buying the seller as much as the product - it might sound weird but you are buying the person and how they maintained and used the boat. There's a big difference between someone that just puts the boat/motor up after each use and someone that does a thorough rinsing...obviously. Look at how they keep their other assets.
(3) Get two notarized Bills of Sale or complete two separate Bills of Sale for the boat and trailer. In my experience, the LAWLF will take the original Bill of Sale for the boat and then complain about making you a copy. The DMV will also want an original copy for the trailer.
Get them notarized with two independent witnesses.
You can get a survey on the boat and motor but that takes time and $$$$. A good sea trial using common sense and knowing whether you can trust the seller will ferret out any major issues.
As mentioned, if you can get a seller to agree to those conditions of a survey, sea trial, compression test, etc...go for it. However, very few sellers for smaller boats (usually under $100K) will take the time and effort to go through that because another buyer with less hassle will be along shortly if not standing in line behind you.
Good luck with the sale!
Posted on 6/28/14 at 3:17 pm to TJG210
Lots of great advice already given.
What build of boat? Fiberglass, wood, aluminum?
What drive? outboard, I/O?
What build of boat? Fiberglass, wood, aluminum?
What drive? outboard, I/O?
Posted on 6/28/14 at 3:22 pm to sparkinator
Bay boat
Composite
Honda 150
Composite
Honda 150
Posted on 6/28/14 at 3:34 pm to TJG210
Yeah, that's a great set-up and not much to add to what's been stated. Only thing not mentioned was the transom. If 100% composite and NO wood anywhere in the hull, then transom rot wouldn't be a problem, but some are still using a wooden core.
Posted on 6/28/14 at 3:50 pm to TJG210
If the seller won't agree to your terms then let him dump the boat off on some other sap. The four contingencies I mentioned would take less than a week to complete.
However, one thing in your favor is that unlike the other 49 states in Louisiana buyers have redhibitory (SP?) rights. I'm not an attorney, but it is sort of the opposite of caveat emptor (buyer beware). The reasoning is that who can know more about the condition of something other than the person selling it. Ask the seller if the boat has any problems that you should be made aware of. If he lies to you then you have something like 30 days to return it for a full refund. Ask an attorney licensed in Louisiana.
One more thing about not surveying a small craft. It is true that few purchasers demand one, but some do. I once saw a case where a purchaser of a Sea Ray wanted one on something like a 22 foot runabout and the surveyor found a void in the hull. No problem - even though the boat was out of warranty Sea Ray came in and fixed it free of charge.
There are a lot of good deals to be had on used boats so take your time. If you don't get this one then another will come along.
POWERBOATLISTINGS
YACHTWORLD
BOATS.COM
However, one thing in your favor is that unlike the other 49 states in Louisiana buyers have redhibitory (SP?) rights. I'm not an attorney, but it is sort of the opposite of caveat emptor (buyer beware). The reasoning is that who can know more about the condition of something other than the person selling it. Ask the seller if the boat has any problems that you should be made aware of. If he lies to you then you have something like 30 days to return it for a full refund. Ask an attorney licensed in Louisiana.
One more thing about not surveying a small craft. It is true that few purchasers demand one, but some do. I once saw a case where a purchaser of a Sea Ray wanted one on something like a 22 foot runabout and the surveyor found a void in the hull. No problem - even though the boat was out of warranty Sea Ray came in and fixed it free of charge.
There are a lot of good deals to be had on used boats so take your time. If you don't get this one then another will come along.
POWERBOATLISTINGS
YACHTWORLD
BOATS.COM
Posted on 6/28/14 at 4:11 pm to Swampeast
Guy is asking about $500 over avg retail on nada, low retail for that boat is about what I was looking to spend. How do those deals usually shake out? I know there a multitude of factors that go into it.....but on an average deal.
Posted on 6/28/14 at 5:23 pm to TJG210
quote:
What is some advice for those looking in the used boat market? Sea trial prior to offer? I'm in the market and would like the motor checked out prior to purchase, would you do two separate sea trials?
First off, to get a sea trial, you will have to sign a buyers agreement unless you talking a 3-4k boat.
It would kill a seller doing sea trails. So a buyers agreement keeps the tire kickers away.
Once sign a agreement, then you do a sea trail. If that is good, then you can have it surveyed or take it to a shop that can check the motor out on a computer. That will give you a complete run down on it.
If everything is good, you buy.
Oh, a buyers agreement will cost you around 1K up front that is applied to the buying price. It is refundable if there is a problem with the boat. Now if everything is good and you back out the sale, you loose that deposit.
Posted on 6/28/14 at 5:32 pm to fishfighter
The boat is a bay stealth......I'm seeing some mixed reviews on the hull truth. Any first hand experiences here?
Posted on 6/28/14 at 5:37 pm to TJG210
First off, you can only base a price off BBV. A boat will sell for whatever the market is willing to pay for it.
With that said. Shop around for the same boat or one close to it and see what is the avg asking price is, then go from there.
With that said. Shop around for the same boat or one close to it and see what is the avg asking price is, then go from there.
Posted on 6/28/14 at 5:44 pm to fishfighter
Thanks.......you're an excellent resource on this board
Posted on 6/28/14 at 5:47 pm to TJG210
Been on both sides of dealing with boats way to many times.
Best advice is, find a friend that owns a boat.
Best advice is, find a friend that owns a boat.
Posted on 6/28/14 at 5:48 pm to TJG210
Older baystealths ain't too bad the newer ones on the other hand are wet honestly I'd be more concerned about the Honda
Posted on 6/28/14 at 6:10 pm to CBDTigerFan
quote:
I'd be more concerned about the Honda
How old is the Honda?
We had trouble with an older 90 4stroke. The newer 135s are top notch.
Heavy for a motor but very reliable, quiet, powerful, and pretty fuel efficient...so far.
As far a Bay Stealth, they are good value boats for LA. They are production boats that are fairly popular in south LA. Not top of the line but can be a helluva boat for the price.
I certainly wouldn't be scared off of buying one if I felt like the price was right (after my own price research).
I wouldn't be too concerned with the guys from THT because they are comparing Bay Stealths to top notch brands and sometimes don't take into consideration the price value to them.
Posted on 6/28/14 at 7:23 pm to stewie
The motor is a 2006, 4 stroke.
Besides nada where else would you research price?
Besides nada where else would you research price?
This post was edited on 6/28/14 at 7:25 pm
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