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Old 01-19-2007
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camaraderie is a jewel in the rough camaraderie is a jewel in the rough camaraderie is a jewel in the rough
Dave/Sparrow...thanks.
All....I have close friends who sold their home and business to embark on their blue water cruising dream on a brand new 42' beauty. They did not do a survey on taking posession and subsequently found some huge issues with the boat during the first 90 days of ownership. To keep the story brief...lawyers got involved...surveyors and yards got involved, they had to move off the boat for THREE years at their expense while the company dug in its heels over the more than $250K of defects repairs required. Finally after arbitration, the company took the boat back but my friends were out their costs and their sailing dream was over. (Sorry folks but i cannot name the boat or the company due to legal issues in the settlement).
My B.I.L. also purchased a 54' Hylas new a few years back and after shakedown had many 10's of thousands in required fixes. Hylas was good about this AND he had escrowed a certain amount so was covered.
The point is that many purchasers of new boats think of them as new cars and expect them to work nearly perfectly and get the same results in warranty if they find something wrong. Just not true all too often so the small expense of a surveyor can often pay off big time even on a new boat.
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