survey being done

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lionelz

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I know there is a similar thread at the moment, But Hopefully I could be one step closer to owning a boat today. Survey is happening as I write this. Spoke to the surveyor yesterday, and he stated that I should get a verbal outcome tonight and a full report to follow. If all goes well we have the sea trial next Friday. Like the previous thread I am apprehensive, But I have made it clear my offer and deposit paid, was subject to survey and sea trial. Not going to post any pictures of boat till it is Mine.

Mind you have spent so much already it might as well be mine, what with deposit, survey, sea trail, service (after sea trial), money to drop boat in water, and the dreaded mooring fee's. Just got the insurance to sort out but will leave that till next week. :ambivalence:
 
jimmy_the_builder said:
That's not a valid reason for rejection at sea trial though, so if the boat is already out of the water it would make more sense to survey it first.
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Not so sure I would see it that way to be honest.

I would at least want to get a feel for it in the water before committing to surveying it!
 
CX54WEK said:
Not so sure I would see it that way to be honest.

I would at least want to get a feel for it in the water before committing to surveying it!
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It doesn't really matter how you 'see it', it's all to do with the contract that's been signed. If you want to 'get a feel for it in the water', then you need to do that before making an offer, paying a deposit, and signing a contract to buy it. The sea trial is only intended to ensure that the boat performs as designed, it's not a test drive to see if you like it or not - unless, of course, you've made that a specific term of your agreement to buy.
 
CX54WEK said:
Not so sure I would see it that way to be honest.

I would at least want to get a feel for it in the water before committing to surveying it!
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Unfortunately the definition of a Sea Trial is to test that the boat is performing correctly and has no defects its not a test drive, in thoery I guess you are supposed to research your choice of boat before this to determine if you will like it.
 
jimmy_the_builder said:
It doesn't really matter how you 'see it', it's all to do with the contract that's been signed. If you want to 'get a feel for it in the water', then you need to do that before making an offer, paying a deposit, and signing a contract to buy it. The sea trial is only intended to ensure that the boat performs as designed, it's not a test drive to see if you like it or not - unless, of course, you've made that a specific term of your agreement to buy.
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Thats what I was getting at!
 
We were out for more than an hour, with time at cruising speed, before we made an offer on our current boat. I guess it partly depends on whether the vendor agrees in advance that it's ok for the broker to do this.

Mind you, in our case the broker knew we were seriously serious about the purchase because we kept drooling everywhere :)
 
I think that's the key, they need to know you are a serious buyer.

Their tactic worked in our case as we spent double what we intended.
 
I've always been happy to take a potential buyer out for a spin, best way to close a deal IMHO.
Having said that, I've always lived nearby my boats and not had to rely on the broker vetting and accompanying.

From memory, I always had the offer from the third party to cover fuel and not had a problem with time wasters.

Im sure it would be different for a time poor/long distance seller though.
 
CX54WEK said:
I think that's the key, they need to know you are a serious buyer.

Their tactic worked in our case as we spent double what we intended.
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Likewise. We also spent far more than the figure we'd originally told the broker was our budget. So much so that even my beloved Exige had to go!
 
I too am in this situation. Getting a sea trial before offer and survey was not always possible via the broker and depended on the goodwill of the current owner and his desire to sell based on a pending offer. My argument was that I couldn't afford to make an offer and survey every potential boat I liked the look of and eat up my pot. Those that played ball I took seriously and trialed the boat. But along the way I had to just walk away from many potential buys because it was all about the sell sell sell. In the end I landed with a brokerage that gave me the opportunity to trial the boat first before making an offer subject to survey and indeed did reject a boat based on the initial trial. Despite what the contract says I think a good broker is always happy to accomodate you as far as possible and give you the boat that fits you. It just makes good business sense. The broker I am with now has very good client retention. This always starts off as being a buyer, just good business sense AFAIC and should the current deal go through would probably be my first choice of broker when I trade up.
 
CX54WEK said:
If you don't mind me asking why have you had it surveyed before having a sea trial?

You might hate how it handles!
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Because the boat is currently out of water, I ham having to pay for it to go in the water, so would seam a bit pointless having to have it taken out again (and pay for it, only to then have it put back in. it was the way it was recommended to me by the broker, my surveyor and by the engineer doing the sea trial, it seamed a logical way to me but being a rookie what do I know:confused:
 
lionelz said:
Because the boat is currently out of water, I ham having to pay for it to go in the water, so would seam a bit pointless having to have it taken out again (and pay for it, only to then have it put back in. it was the way it was recommended to me by the broker, my surveyor and by the engineer doing the sea trial, it seamed a logical way to me but being a rookie what do I know:confused:
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That was my issue, plus restoring the winterization costs when out. As far as I am concerned, I will bear some costs but if the owner is serious about selling he must join the party. If not I just look elsewhere. I'm risk adverse and appreciate ettiquette and form, but not when it's wholly on my dime.
 
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I have this problem of wanting a particular boat, Corvette 32, but have never had the opportunity to go out on one.

I think I am, or at least at some point will be, a 'serious buyer', but what if my dream boat is not quite the dream I expected.

If I make an offer, subject to sea trial to 'confirm its suitability for me', plus survey, etc, and then have my offer and deposit accepted, then surely my requirement is perfectly valid under the contract- if it is not 'suitable for me' then I can reject the boat.

Is this a valid 'serious buyer's ' requirement ? After all I would be the buyer, and will be complying with all other standard requirements of the standard sale process.
 
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