There was recently a thread about the demise of the Shannon yacht company. One or more folks who had deposited significant sums lost
a lot of money
. Apparently there had been a history
of financial "awkwardness" with Shannon, but folks just went ahead and trusted them.
To me, if there is any feeling of distrust with the vendor one should either withdraw or employ a clever attorney to protect one's investment. It is a lot of money
, and there are so many ways the deal can go astray. And a survey
is definitely worth while, even on a new boat... perhaps especially on a new boat. Consider the sad case of the recent loss of the new 42 foot cat (I forget the name of the builder). In that case, it seems that the rudder
assemblies were poorly designed and executed, and it lead to the loss of the boat. A good survey
might well have disclosed the fault before departure.
Caveat Emptor? Hell yes!