The Process of Buying a Boat
This section of the website provides advice about the process and stages of buying a new or pre-owned boat from TBS Boats.
Establish a ‘Boat Budget’
When thinking about a budget, please bear in mind how you wish to use your boat – river or coastal, family with children, pets etc and what costs are incurred when purchasing a boat – our experienced sales staff can assist you, their help and advice is FREE.
We encourage you to view as many makes and models that we currently have for sale, this will give you an idea of what different styles are available.
- All specifications are available on our website
- Each sheet incorporates a Cost Calculator relating to costs such as survey fees, survey lifts and mooring fees at all the MDL Marinas.
Discuss any queries you may have regarding Insurance, Mooring and River Licensing costs. Naturally, these depend on the type and size of boat that you are interested in.
Making an Offer
Confirm your Offer to us
Many vessels are open to offers – we can advise you on this.
Purchase Price Agreed
Once the price has been agreed, a 10% Deposit is payable and a Contract is then drawn between yourself and the vendor. This contract details the conditions of the purchase which are generally:
- Survey and/or Engine Report
- Acceptance of Finance (if applicable)
All Deposits paid to a reputable Broker are held in a Client account which is a segregated account that is separate to the Trading account of the Broker; this Deposit is returned if any of the above conditions are not to the purchaser’s satisfaction, Terms and Conditions apply – please ask for a copy of our Sales Contract. We are members of the BRBA (Boat Retailers and Brokers Association) and BMF (British Marine Federation) this will ensure you are dealing with professional, qualified staff and that business is carried out to a high standard as expected by these professional bodies.
We then arrange a river trial with you, this entails about ½ hours manoeuvring on the river; if this has been successful we advise you to instruct a Surveyor, their report is generally available within a few days; if you are happy to send us a copy we will take you through and explain in detail any points raised and recommendations made.
Once you confirm to us that you are happy to proceed with the purchase, the balance becomes due; this process (offer acceptance to clearing of balance funds), will generally take between 7 to 28 days.
Legal Paperwork and Tuition
Once funds have cleared, all necessary paperwork will be obtained from the vendor including Bills of Sale etc and these will be presented to you during the handover.
The handover will generally take about 2 hours – depending on size and complexity of the boat – all basic functions will be explained to you and we will assist you in mooring the boat onto your berth. In depth tuition is available via Bisham Abbey Sailing.