Buying Used Yachts – Things to Keep in Mind
Just like a car, buying a used yacht can be an extensive process. Yachting is a good hobby, but it can be an expensive one if you are not smart with your purchases. This is why many experienced yachters still buy used yachts not only to save money but also to preserve history as some yachts are classic.
What should you look for when buying a used yacht and what are some of the common warning signs to avoid? Here are some tips and tricks to help you on your yachting journey.
- Title and Registration
Like any other vehicle, a yacht would also have a title and a registration, and it is crucial that you check both before buying one. Once you get the title of the boat, run a background check on it. Make sure the title appears on the same vessel, and that it has the seller’s name and address on it. Additionally, you need to also make sure the yacht does not have any outstanding liens and the same goes for the trailer of the boat.
The most integral part of a yacht is the hull. This is exactly why you need to check it carefully and pay attention to all details. Make sure there are no defects, holes, or gouges, and that everything is up to par. Make sure to always inspect below the water line since that area is prone to damage due to it coming in close contact with rocks and other debris in the water. Any holes or repairs that are bigger than two inches could endanger the structural integrity of the boat so make sure the boat you want to buy has none.
It goes without saying how important the engine is in any vessel. It is what keeps your yacht running. Always inspect the engine of the yacht you want to buy thoroughly. Keep an eye out for any cracks over the water deck, check that the mounts are in good condition to keep the engine from being misaligned, go for a demo run, and check if the exhausts work at an appropriate temperature. Lastly, check the cylinder compression to make sure it is functioning properly.
Many states require yacht trailers to go through an annual safety check. If you happen to be in one of those states, keep an eye out for the inspection sticker or placard and make sure it is up to date. Check the frame of the trailer for any rot, damage, rusting, or twisting of the brake and suspension systems. Last but not the least, check if the trailer is road safe and has emergency supplies on board.
The next thing you need to check are the batteries. Make sure there is no corrosion and leakage. You also need to be on the lookout for any cracks on the battery that might cause a short-circuit. Also, see if the battery is secured properly on the battery tray because a loose battery can be fatal and might short circuit or cause an explosion.
Can’t seem to find the perfect spot to dock your yacht for your activities? If so, then you are in the right place. At Lighthouse Point, you are offered the most luxurious facilities with countless options for recreational and social activities right on the best yachts! With a great tiki bar and pool, we soar to provide the best-in-class service to all our customers. Got a wedding or other social event you need to host? Contact Lighthouse Point and become a member today to avail our world-class services!