Buying a boat advice: Offer and deposit

If the paperwork looks good you can now make an offer and buy a boat. There are no rules here. You offer what you think is a fair price based on your research. As a buyer, you don’t want to pay too much, but equally a very hard offer may harm any future negotiations.

This is also the time to check on the inventory of the boat, what is staying and what is going. Items like the tender and navigation equipment are costly to replace. Remember that your offer is subject to survey or any other terms you may wish to work to.

For new boat sales you need to come to an agreement on the total cost including optional extras, delivery and commissioning.

Once an agreement is reached a deposit, usually 10% of the total price, is put down.