When considering whether to independently determine the value of a boat before buying or selling, you may find the following evaluation checklist of help. We also suggest that you do this appraisal together with a friend as four eyes see better than two. You can use this checklist when looking at the vessel, to help you examine the condition of the boat, and to spot repairs or improvements that may be necessary to take into account before settling on a final price.
1) Examine the boat's hull: Examine the hull and carefully and look for any cracks or chips in the gel coat. Look for any evidence of blistering or fading. If the boat it is out of the water, do also look beneath the waterline for recent maintenance work and antifouling.
2) Check the fittings and hatches: Check any deck or hull fittings to ensure that they are in good condition, fit well, function correctly and, where they go the hull, are watertight. Open and close all hatches to see if they're in good working order and that they don't show signs on water ingress inside. If they do, it can mean that they're not watertight. Open and close any/all sea cocks to check that they're easy to operate and are watertight when closed.
3) Check engine(s), steering & transmission: Check that the steering and throttle control cables are in good condition and that the wheel moves freely (and without squeaking) and that the transmission smooth, from forward, to neutral, to reverse. Check the oil level of the engine and examine the colour and texture of the oil. If it's grainy or gritty, they're possibly tiny slivers of metal that indicate potentially serious mechanical problems. If the oil has a slightly milky appearance, it signifies that there is a water leak into the engine.
4) Check the radio as well as all the electrical equipment, the batteries, and all switches. Make sure that everything works and is in good order, and that there is no excessive wear and tear.
5) Check the bilges for watermarks and signs of oil leaks: Check the bilges, beneath the engine for water ingress and for oil. If oil is present, it's a sign of an engine oil leak. Also look for water stain lines inside the boat or inside any engine compartment. If they exist, it would indicate that there has been some kind of flooding.
6) Now revisit all the external surfaces, from the deck to the inner furnishings, and also all the upholstery. Are there any problems that may result in a lower value of the boat? What is the status of repair of all these items?
7) Have another look at the wooden parts of the boat, if any are present. Is there any sign of warping, chipped areas, or damp spots? Is the wood well maintained? This is a difficult and expensive area to repair, and you want to make sure that there won't be too much to do extra.
8) For sailing boats, check the sails and the rigging . Check that all the sails and rigging (including spares) are in good condition; do not only look for evidence of repairs, but also make sure everything functions easily and flows freely.
9) Are any accessories, such as dinghies or navigation electronics, part of the boat evaluation? Don't overlook these as they may make quite a difference on the end price, and provide a basis for extra negotiations and price reduction.
10) Check the safety equipment: Pay special attention to the boat's safety equipment, whether or not it is included - if it is complete and in good shape, there are good chances that the boat has been kept in good order.
1) Examine the boat's hull: Examine the hull and carefully and look for any cracks or chips in the gel coat. Look for any evidence of blistering or fading. If the boat it is out of the water, do also look beneath the waterline for recent maintenance work and antifouling.
2) Check the fittings and hatches: Check any deck or hull fittings to ensure that they are in good condition, fit well, function correctly and, where they go the hull, are watertight. Open and close all hatches to see if they're in good working order and that they don't show signs on water ingress inside. If they do, it can mean that they're not watertight. Open and close any/all sea cocks to check that they're easy to operate and are watertight when closed.
3) Check engine(s), steering & transmission: Check that the steering and throttle control cables are in good condition and that the wheel moves freely (and without squeaking) and that the transmission smooth, from forward, to neutral, to reverse. Check the oil level of the engine and examine the colour and texture of the oil. If it's grainy or gritty, they're possibly tiny slivers of metal that indicate potentially serious mechanical problems. If the oil has a slightly milky appearance, it signifies that there is a water leak into the engine.
4) Check the radio as well as all the electrical equipment, the batteries, and all switches. Make sure that everything works and is in good order, and that there is no excessive wear and tear.
5) Check the bilges for watermarks and signs of oil leaks: Check the bilges, beneath the engine for water ingress and for oil. If oil is present, it's a sign of an engine oil leak. Also look for water stain lines inside the boat or inside any engine compartment. If they exist, it would indicate that there has been some kind of flooding.
6) Now revisit all the external surfaces, from the deck to the inner furnishings, and also all the upholstery. Are there any problems that may result in a lower value of the boat? What is the status of repair of all these items?
7) Have another look at the wooden parts of the boat, if any are present. Is there any sign of warping, chipped areas, or damp spots? Is the wood well maintained? This is a difficult and expensive area to repair, and you want to make sure that there won't be too much to do extra.
8) For sailing boats, check the sails and the rigging . Check that all the sails and rigging (including spares) are in good condition; do not only look for evidence of repairs, but also make sure everything functions easily and flows freely.
9) Are any accessories, such as dinghies or navigation electronics, part of the boat evaluation? Don't overlook these as they may make quite a difference on the end price, and provide a basis for extra negotiations and price reduction.
10) Check the safety equipment: Pay special attention to the boat's safety equipment, whether or not it is included - if it is complete and in good shape, there are good chances that the boat has been kept in good order.
About the Author:
BoatValueWorld.com is the premier resource for boat prices on the Net, with information on subjects such as how to buy a boat, as well as on yacht prices, selling boats, boat sale negotiation, value-for-money refurbishments - click the links above to find out more!
0 comments:
Post a Comment