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Old 12-10-2012
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Re: Is a marine survey really worth it for an inexpensive boat?

This can be a tough call. If you know what you're looking for and don't need to finance/insure the boat then a survey may represent an unnecessary expense esp for a very simple, uncomplicated boat such as some of the examples you cite.

But in many cases this type of purchase will be a first boat.. if you end up paying $3-4 K for a real POS then you stand to lose the whole $4K (plus associated costs)... whereas a survey would/should have detected the issues and cost you only 6-700 and left you much the wiser.

If in fact you need to insure the boat, or finance it, those institutions may insist on a survey.

But it can be a hard pill to swallow... at the very least try to get an experienced owner to tag along and filter out the real dogs... no one wants to buy 3 or 4 surveys before finding the 'right one'.
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