How to Buy a Sailboat
Buying a sailboat, whether new or used, isn't quite the same as heading down to your local car dealership and driving home in a new car. A lot of time and consideration should go into this purchase, since it can not only cost more than a car but will likely outlive it.
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Instructions
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Ask yourself "Am I ready for ownership?" Not only is there the cost of the vessel to consider, but docking, maintenance, storage and usage fees should also be considered.
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Try out the same or similar model (preferably the exact boat) before agreeing to buy it. Many marinas offer rentals of a variety of models.
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Call a local sailing club or group and ask their opinion of the model, if you are unfamiliar with the model, waters or both. Sailing clubs are typically listed in the yellow pages.
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Ask the experts from the sailing club or marina if you are better off renting a slip for storage or if you'll have to haul it by trailer. Can your vehicle handle the load of a trailer and loaded sailboat?
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Check out options that may be available from the manufacturer. If you enjoy fishing and the previous owner ran a party boat, you may need to search for pole holders where the disco ball once sat. Use an Internet search engine to look for the manufacturer's Web site.
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Try before you buy. Insist on a trial sail or two before you hand over your dough.
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Hire a surveyor (the equivalent of an auto mechanic) to look over the boat if you are spending much more than $1,000 on a vessel. This may cost you $300 or so, but it's better than buying a money pit for a grand.
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Visit your local Department of Motor Vehicles with the current owner's name and tag number and ask for a title and registration report to ensure clear title.
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Once you get them, head back to the DMV with the bill of sale, tags and previous owner's registration documentation. You'll have to register and re-title the boat in your name.
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Tips & Warnings
Plan a christening party once you are familiar with the boat--invite friends and family to come see or join you in a cruise around the lake or waters to celebrate your new addition.
