If Santa didn’t bring you a boat this year, you may be looking to purchase a boat in the new year. But have you considered buying used instead of new? Just like cars, new boats take a huge depreciation hit as soon as you sign the paperwork. A used boat bypasses that hit in value. However, there are some things you need to look out for when evaluating a used boat.
While many used boats are for sale simply because of finances, damage can be hiding underneath the surface. Even those experienced with sailing don’t have the knowledge to spot all the possible defects. Accordingly, hiring a marine surveyor to evaluate your purchase is a good idea. Their evaluation fee could save you thousands of dollars in the long run.
If you don’t have the extra money for an inspection or if the boat isn’t worth a lot of money, you might want to risk evaluating it yourself. In that case, there are a few things you can do to better protect yourself. Variations in color and texture of the boat’s materials are a red flag. These variations often indicate repairs. Any new items within the boat such as carpet or electronics could also signal repair work. Many owners replace these items after water damage but fail to disclose this to new buyers. Make sure to carefully inspect interior elements such as hardware and system components for hidden corrosion.
Whether you’re storing your boat, RV, or other large items, Big Item Storage can accommodate your needs. Both our Rockport and Corpus Christi locations are clean and secure. For more information or to reserve your spot, check out our website here or call us at 361-937-2423 (Corpus) or 361-238-7177 (Rockport).