What is a Pre-purchase Condition and Value (C&V ) Survey?
A pre-purchase C&V is the most comprehensive survey and strongly recommended when purchasing a new or used vessel. It includes an in-depth examination of the vessel’s structural integrity, electrical system, electronics, propulsion system, fuel system, machinery, navigation, and other miscellaneous on board systems, as well as an out of water inspection and sea trial. A written report provides detailed information on the vessel as relates to the above and discrepancies or variations from American Boat And Yacht Counsel (ABYC) and National Fire Prevention Association (NFPA) standards, as well as USCG requirements and prudent seamanship. The report will also have a “Recommendations” section listing maintenance and repair items that need to be addressed in order to bring the vessel up to standard. The pre-purchase C&V will also provide you with an informed opinion on condition and fair market value free from immediate financial or emotional considerations. Regardless your level of experie
