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Re: T&T: Digging a hole (boat purchase prep)

From: George Hechtman (no email)
Date: Fri Nov 02 2007 - 12:15:03 EDT

  • Next message: TK Allen: "T&T: Digging a hole in the water"

    I'll second the so far excellent suggestions on this topic.

    Someone mentioned Dave Pascoe's site. The best value for the money we
    spent before our recent boat purchase was $70 bucks on his book, "Mid
    Sized Power Boats". It covers virtually everything an informed buyer
    should understand before shelling out $$ for surveys, etc. We haven't
    seen a better primer (and we looked at and bought several) for
    understanding boat design and systems, or cost of ownership issues.
    It really helped us quickly separate the pretenders and contenders as
    we went through the process. It was read and re-read over the course
    of two-plus years. You have to take some of his more personal,
    subjective likes and dislikes with a bit of salt, as well grounded in
    experience as they are.

    To restate some often-given and well-heeded advice here on T&T:

    1) We most strongly urge chartering different boats before diving
    into outright ownership. We did this for years before we were in a
    position to cruise full time. If you are a part time or "vacation"
    boater, chartering is so much more economical and stress free than
    owning. And, not only did it give us great insight into what we liked
    in a boat, it gave us the ability to preview many different cruising
    grounds all around North America, and how we would work as a cruising
    "team".

    2) Note the use of "we" and "us". As has been related many times on
    this list, if you are embarking on this purchase and adventure with a
    significant other, we feel it must be done as a full team effort. We
    have met numerous couples where the whole boat experience was
    dominated by one member of the relationship, and the happiness factor
    seemed very low.

    3) We spent a fair amount of time searching out and interviewing
    brokers to represent us in different areas. In our case, we were
    living in the middle of the country and wanted to buy a boat on the
    east coast for cruising on same. Getting a good Florida broker and a
    good Mid-Atlantic broker helped tremendously. Of course being able to
    articulate what we wanted in a boat helped them do a better job. You
    do have to be up front with them about dual representation, but it
    adds some competitiveness to the process.

    Having said all that, I have to say I did not find the actual boat
    buying process all that pleasant, especially dealing with the
    insurance brokers about survey issues (until I found a good one, via
    my boat broker, who took over at the last minute and made things
    happen). If we hadn't followed the above-listed guidelines, it would
    have been absolutely miserable, and I doubt we would be happily
    ensconced on our new-to-us boat today.

    George
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