Buying a pre-owned yacht is an attractive option, but it requires careful evaluation. Here are the key points to consider.
Have a Survey Done
Before purchase, have the boat's hull, engine and systems inspected by an independent surveyor. This is critical for detecting hidden faults.
Check the Documents
Make sure the registration, insurance and other official documents are complete and up to date.
Take a Sea Trial
Test the boat's engine and systems under real conditions with a sea trial before buying.