Re: Is a marine survey really worth it for an inexpensive boat?
It's a tough call and from a purely financial point of view it may not make sense.
That said, consider that after buying it, without a survey you'll own a boat that you may not know very well. When the weather pipes up you'll find yourself wondering how good the rigging actually is and what about the chain plates etc?
I found myself in exactly this situation, bouncing around in 12' seas with the nearest port closed for the conditions and the next one 6 hours away with far too little experience on a boat that I realized I didn't know at all. Following the season I bought a survey just to alleviate these questions and feel better having done it.
So the survey is for more than jus financial risk, it also gives you extra peice of mind.
Last edited by asdf38; 05-03-2013 at 12:02 PM.