tips on yacht buying

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dkturnbull
dkturnbull
40 posts
40 posts
11 Nov 2010 7:25pm
Anyone got any tips on what to look at when buying a fibreglass yacht on a swing mooring
planesailing
planesailing
WA
380 posts
WA, 380 posts
11 Nov 2010 8:21pm
Slip and Survey, there is no other safe option for your "HARDEARNED."
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
11 Nov 2010 11:16pm
Do not buy it off a swing mooring without the vessel being slipped, either at the vendor's expence or your's no matter how cheap the vessel is being offered.

That is not an order, just my advice. But then again, they (who are "they") say that advice is only worth what you pay for it.

This one comes for free so it is obviously worth nothing. You pays your money and you takes your chances. Good Luck Sunshine.
Ramona
Ramona
NSW
7757 posts
NSW, 7757 posts
12 Nov 2010 8:29am
dkturnbull said...

Anyone got any tips on what to look at when buying a fibreglass yacht on a swing mooring


The correct answer here is depends. Depending on how much is being spent and where. I sail my yacht a minimum of once a week and I'm probably onboard 2 or 3 times a week. Its fairly rare to see the owners of the other yachts on their yachts let alone sailing. Some of the owners don't live locally, others are too old or ill. Yacht next to mine just sold, the owner is old and has lost his sight and was not allowed to sail. His wife was telling me that he thought sailing might be worth trying in his retirement, overheard a conversation about a yacht for sail and went and bought it. It was the first yacht he had ever looked at and he bought it!
Watch Yachthub and Boatpoint and keep tabs on boats for sale and watch the trend. I watched daily for more than two years before buying my new boat. Having funds at hand always helps as there are some stunning boats that have to be sold such as a Duncanson 34 at Newcastle for $25000 sold by court order.

I would suggest you decide what sort of sailing you intend, how much money and where. Then take as much face to face advice you can from other owners, not ones that are selling. I'm selling one yacht but you can always drop around for a chat.
frant
frant
VIC
1230 posts
VIC, 1230 posts
12 Nov 2010 10:54am
dkturnbull said...

Anyone got any tips on what to look at when buying a fibreglass yacht on a swing mooring


Are you looking at buying the mooring as well as the boat. Is the boat simply a mooring minder or is it being sold as a "viable" boat. If you are buying a mooring with mooring minder then you can work out its "value" to you without going to the expense of survey and slip etc. If you assume the worst and are prepared to purchase in that condition then you can save yourself some dollars. If you think you are looking at a viable boat then you probably need to do a fair amount of research into its true value and condition by way of survey etc.
SandS
SandS
VIC
5904 posts
VIC, 5904 posts
12 Nov 2010 9:04pm

if you want to buy the mooring as well as the yacht , get the mooring surveyed as well as the yacht
KEARNSY
KEARNSY
WA
1322 posts
WA, 1322 posts
12 Nov 2010 6:42pm
I have a slightly different approach , bit ol' school but might help.

Firstly have you found the "lady" your hearts set on?
Inquire how long since she was last slipped , and also some history on the boat.

Are you able to get her out of the water for an inspection/survey? My advice would be to at least inspect under the waterline weither it be via slipping or grab ur mask , a torch and a paint scraper and jump over the side - Basicaly looking for porosity holes in the hull.
Does she take on water?

Like frant and Ramona said - do as much reaserch as possible - speak to people.

Cause at the end of the day its your coin and you want to be armed with facts and knowledge about what your buying.

K
saltiest1
saltiest1
NSW
2575 posts
NSW, 2575 posts
13 Nov 2010 10:57am
what are you looking at buying? and where? how much?
frant
frant
VIC
1230 posts
VIC, 1230 posts
13 Nov 2010 4:19pm
SandS said...


if you want to buy the mooring as well as the yacht , get the mooring surveyed as well as the yacht


Not so sure about everyone advising you to rushing into survey so quickly. eg When buying a mooring you are basically buying the "licence". The actual hardware will make up a very small amount of the purchase price. You can ask the vendor for the maintenance history on the mooring and base your offer on what you think it is worth based on its "real estate" value, licence value and hardware value. If the chain is "brand spanking new" you might add your offer as being subject to adjustment following a dive inspection based on rectifying discovered defects. But don't fork out for a diver before all of this if your nay or yea to purchase depends on how rusty the chain is.

Similar for boat purchase. I don't think any vendor will slip a vessel and allow a survey unless a deposit and sale price has been agreed subject to adjustment/full deposit refund on survey results. You have to do the leg work long before thinking about a survey. The vendor/broker should describe the condition of the vessel and include a full inventory of items included in the sale. YOU should make sure that things are as described and according to the inventory. YOU must then work out how much it is worth to you based on comparable boats etc and how this compares with the vendors asking price. You should know from studying Trade-A-Boat and Boatpoint etc the full market history for the last 12 months. This will allow you to make an offer subject to survey which you will pay for! If the vendor has said that the engine is seized and the boat sold "as you see it" then you don't stand much chance of of price adjustment and you might even have trouble getting your deposit back as the surveyor hasn't discovered anything that was not disclosed by the vendor prior to your offer. Basically don't buy a piece of junk expecting it to be a hidden jewel if you are going to be disappointed with a piece of junk.
SandS
SandS
VIC
5904 posts
VIC, 5904 posts
13 Nov 2010 8:27pm
frant said...

SandS said...


if you want to buy the mooring as well as the yacht , get the mooring surveyed as well as the yacht


Not so sure about everyone advising you to rushing into survey so quickly. eg When buying a mooring you are basically buying the "licence". The actual hardware will make up a very small amount of the purchase price. You can ask the vendor for the maintenance history on the mooring and base your offer on what you think it is worth based on its "real estate" value, licence value and hardware value. If the chain is "brand spanking new" you might add your offer as being subject to adjustment following a dive inspection based on rectifying discovered defects. But don't fork out for a diver before all of this if your nay or yea to purchase depends on how rusty the chain is.

Similar for boat purchase. I don't think any vendor will slip a vessel and allow a survey unless a deposit and sale price has been agreed subject to adjustment/full deposit refund on survey results. You have to do the leg work long before thinking about a survey. The vendor/broker should describe the condition of the vessel and include a full inventory of items included in the sale. YOU should make sure that things are as described and according to the inventory. YOU must then work out how much it is worth to you based on comparable boats etc and how this compares with the vendors asking price. You should know from studying Trade-A-Boat and Boatpoint etc the full market history for the last 12 months. This will allow you to make an offer subject to survey which you will pay for! If the vendor has said that the engine is seized and the boat sold "as you see it" then you don't stand much chance of of price adjustment and you might even have trouble getting your deposit back as the surveyor hasn't discovered anything that was not disclosed by the vendor prior to your offer. Basically don't buy a piece of junk expecting it to be a hidden jewel if you are going to be disappointed with a piece of junk.


so you agree with my advice then ?
dkturnbull
dkturnbull
40 posts
40 posts
15 Nov 2010 5:32pm
Havent negotiated a price yet still doing research on boat it is the crossfire in my pics. engine seized and insides need a tidy up and some ropes replaced.
Ramona
Ramona
NSW
7757 posts
NSW, 7757 posts
16 Nov 2010 9:07am
dkturnbull said...

Havent negotiated a price yet still doing research on boat it is the crossfire in my pics. engine seized and insides need a tidy up and some ropes replaced.


Nice little daysailer or harbour racer. Bit small for my taste. For the same money your into Folkboat territory. Folkboat with outboard that is. If you buy the crossfire I have a duel wheel trailer to suit available when I finish it.
dkturnbull
dkturnbull
40 posts
40 posts
16 Nov 2010 3:43pm
will the trailer still suit it as it has a fixed keel and is 26 feet long and how well would it handle the ocean
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
17 Nov 2010 1:20am
If you are considering a trailerable yacht, the 23 ft Windrush Wildfire is a yacht that can handle almost anything Huey has to offer.

They are regular Freo to Rotty weekend cruisers in SW 35 kts, some single handers. They only need a single axle trailer too, therefore a lot easier when reversing down a ramp. I towed mine along the highway behind my 4 speed Falcon at 120 kmh no problem.

The link below was at the top of the GGLE search.

http://www.trailersailerplace.com.au/forum/viewtopic.php?t=3667&sid=65e75d64a0ee3e407a14d9be2ebf80ad
Ramona
Ramona
NSW
7757 posts
NSW, 7757 posts
17 Nov 2010 8:49am
dkturnbull said...

will the trailer still suit it as it has a fixed keel and is 26 feet long and how well would it handle the ocean


I thought you were referring to the Crossfire 20. These were built in fairly large numbers. I don't know anything about the 26. Looks like a scaled up 20 though with a pop up cabin. Looks like it has a high aspect ratio keel, fractional rig and is basically a harbour racer. What is the beam? The one advertised is an attractive boat though the inside is a mess but all there.

The trailer I have is for my 26 foot yacht which is fixed keel and almost 10 foot wide. Its not for road transport, just to travel the short distance to my place from the ramp for anti fouling etc.
Richiefish
Richiefish
QLD
5612 posts
QLD, 5612 posts
17 Nov 2010 3:35pm
If you're paying full price get a survey.(usually little more than an osmosis check on small grp boats) Surveyors dont inspect motors or rigging.Usually they just tap around and look busy to justify thier outrageous charges. But then they have a disclaimer saying they are not responsible. In fact I think surveyors now call this kind of thing a "pre purchase inspection"...For a big savings bargin you could try a "as is where is" offer. Good luck.
Ramona
Ramona
NSW
7757 posts
NSW, 7757 posts
17 Nov 2010 6:05pm
Richiefish said...

If you're paying full price get a survey.(usually little more than an osmosis check on small grp boats) Surveyors dont inspect motors or rigging.Usually they just tap around and look busy to justify thier outrageous charges. But then they have a disclaimer saying they are not responsible. In fact I think surveyors now call this kind of thing a "pre purchase inspection"...For a big savings bargin you could try a "as is where is" offer. Good luck.


I think a survey for a vessel under 10 grand a waste and would not even consider it for a 50 grand vessel. As you mention, very little is covered by a survey. The owner would want at least a deposit to allow a surveyor near his boat, especially with a hammer on a GRP boat.

Best bet is a nit picking mate with no financial interest and stars in his eyes.
maxm
maxm
NSW
864 posts
NSW, 864 posts
17 Nov 2010 6:15pm
Ramona said...

Folkboat with outboard that is.


Folkboat with an outboard is still a pretty damn fine boat. But then I'll openly admit I'm biased! Whiteout on this site has put up pictures of his outboard powered Folkie.

It's swings and roundabouts of course, but not having an internal engine does give a whole load more storage space and that's a definite bonus AND they're cheaper to buy and easier to service. In their native Scandinavian countries, many Folkboats have no engine whatsoever and the owners row them in and out of moorings/berths. Don't think I'd be that keen.
sleek1
sleek1
VIC
672 posts
VIC, 672 posts
17 Nov 2010 7:44pm
Ramona said...

Richiefish said...

If you're paying full price get a survey.(usually little more than an osmosis check on small grp boats) Surveyors dont inspect motors or rigging.Usually they just tap around and look busy to justify thier outrageous charges. But then they have a disclaimer saying they are not responsible. In fact I think surveyors now call this kind of thing a "pre purchase inspection"...For a big savings bargin you could try a "as is where is" offer. Good luck.


I think a survey for a vessel under 10 grand a waste and would not even consider it for a 50 grand vessel. As you mention, very little is covered by a survey. The owner would want at least a deposit to allow a surveyor near his boat, especially with a hammer on a GRP boat.

Best bet is a nit picking mate with no financial interest and stars in his eyes.


no survey on a 50 grand boat? i am not a shipwright and if i was going to part with 50 big ones then 1000 is pretty cheap. if you asked the owner if they minded if you had a survey then they said yes they did mind then i would be looking for another boat.
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
17 Nov 2010 10:48pm
sleek1 said...
no survey on a 50 grand boat? i am not a shipwright and if i was going to part with 50 big ones then 1000 is pretty cheap.


A survey for $1,000 is cheap but who does them for that price??

For an experienced yacht owner/buyer, a survey is generally a waste of money except for the purposes of valuation for insurance.

That is where the rub comes in.

Ramona
Ramona
NSW
7757 posts
NSW, 7757 posts
18 Nov 2010 8:13am
cisco said...

sleek1 said...
no survey on a 50 grand boat? i am not a shipwright and if i was going to part with 50 big ones then 1000 is pretty cheap.


A survey for $1,000 is cheap but who does them for that price??

For an experienced yacht owner/buyer, a survey is generally a waste of money except for the purposes of valuation for insurance.

That is where the rub comes in.




Surveyors are a sore spot for me. 26 years of annual surveys, minimum costs of $1,000. Dealing with idiots. First 10 years or so they used to work in pairs to reduce the violent incidents. Insurance surveys are different, when I had insurance in the early eighties I paid 2 grand for a survey that consisted of a bloke drinking a cup of coffee in the wheelhouse!

Mooring surveys however are worth the bother. Local boating authorities will have a list of recognised "experts".
sleek1
sleek1
VIC
672 posts
VIC, 672 posts
18 Nov 2010 7:46pm
Maybe you should read the first post.The guy is asking a pretty beginner type question, maybe the majority of people that read this post, like me are in a likewise situation. I got my first yacht surveyed by a reputable shipwright that cost 1000. And it helped me a lot.

Not everyone is an expert like you guys. Although at my work the people that make out they are experts are all know it all wankas.I must add that the boat surveyed cost 12 grand and i am very glad i had a survey.I even made money when i sold the yacht because i had a survey.
hangtime
hangtime
NSW
397 posts
NSW, 397 posts
18 Nov 2010 10:26pm
The boat is sound and a lot of money has been spent on her, The mast however has snapped a few years ago and has been welded, the owner was told that a weld would be "ok" but it is not, Call Whale spars and ask how much a replacement stick will cost before you lay down your cash.
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
18 Nov 2010 10:41pm
Ramona said...
Surveyors are a sore spot for me. 26 years of annual surveys, minimum costs of $1,000. Dealing with idiots. First 10 years or so they used to work in pairs to reduce the violent incidents. Insurance surveys are different, when I had insurance in the early eighties I paid 2 grand for a survey that consisted of a bloke drinking a cup of coffee in the wheelhouse!

Mooring surveys however are worth the bother. Local boating authorities will have a list of recognised "experts".


You have got that right re surveys Ramona.

Re the mooring survey I also concur. It is my understanding that even if someone picks your mooring up illegally, if it fails and there is property damage or loss, the registered holder of the mooring can be held legally liable for the loss.

It seems to be a ridiculous idea but that is what was being said around Cairns some years ago when I had a Marine Parks Permit that included two mooring permits.

frant
frant
VIC
1230 posts
VIC, 1230 posts
19 Nov 2010 10:07am
cisco said...

Ramona said...
Surveyors are a sore spot for me. 26 years of annual surveys, minimum costs of $1,000. Dealing with idiots. First 10 years or so they used to work in pairs to reduce the violent incidents. Insurance surveys are different, when I had insurance in the early eighties I paid 2 grand for a survey that consisted of a bloke drinking a cup of coffee in the wheelhouse!

Mooring surveys however are worth the bother. Local boating authorities will have a list of recognised "experts".


You have got that right re surveys Ramona.

Re the mooring survey I also concur. It is my understanding that even if someone picks your mooring up illegally, if it fails and there is property damage or loss, the registered holder of the mooring can be held legally liable for the loss.

It seems to be a ridiculous idea but that is what was being said around Cairns some years ago when I had a Marine Parks Permit that included two mooring permits.




But are you talking about a "condition" survey to determine whether you are going to purchase the mooring (IMO a waste of money) or an inspection and maintenance work on the mooring you have just purchased and which should form part of your ongoing maintenance.
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
20 Nov 2010 7:27am
Either way, it doesn't really matter. Subject to different mooring licence conditions in different states and from different authorities (Maritime Safety or Marine Parks).

The location of the mooring would generally determine if one would want to own the mooring and the condition of it would help determine what it's price would be.

If the location has the room and depth to suit your, for instance, 45 ft, 7 ft draught yacht but the tackle itself is suitable only for a 3 tonne 25 footer, then confirmation of the mooring weight type and size and condition of the eye would seem to be a good idea.

If complete replacement of the hardware is required then one could be up for a $2,000 expenditure or more, especially if it is a fore and aft mooring as opposed to a swing mooring.

Also as I said before it depends on the policy of the mooring licence issueing authority. For example, the limited number of moorings in the Burnett River in Bundaberg are licenced by Maritime Safety, Queensland and the licence may not be bought or sold and are subject to usage requirements. Being in a river subject to strong tidal flows, they are fore and aft type moorings which are stand alone as opposed to "daisy chained".

If the mooring is not being used sufficiently, the licence is revoked and offered to the next person on the wait list. The ground tackle is entirely the responsibility of the licence holder. If there is existing tackle it may by sold by the previous licence holder to the new holder. If the new holder does not want that tackle it is the responsibility of the previous holder to have it removed.

It is not quite as simple as "You pays your money and you takes your chances.".
saltiest1
saltiest1
NSW
2575 posts
NSW, 2575 posts
20 Nov 2010 1:01pm
all i did was get the details re moorings from the local authority (nsw at the time).
Also i dont know why all these stories of bad surveys are coming out. mr lees did mine in brisvegas, and he was brilliant. spent hours on it, checked every nook and cranny, and was a reasonable price, with a report about 15 pages long!
the sailing fraternity is fairly close knit and a little bit of a chat to a few locals got the best guys almost every time.
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