The definitive guide to living and working in the Cayman Islands
May 25, 2015
Buying a Boat in Cayman
Last updated: 3rd December 2014
this section we provide information on buying a new or pre-owned boat in Cayman and we also
talk about Cayman Island's Government boat
licensing fees and boat insurance.
Buying a BoatIf you would like to buy your own boat, here are a few things to consider: Once
you have decided on the type, size and price range, the next thing to
decide is whether you want a new or used boat. You get more boat for
your money with a used boat, but you sacrifice the warranty. There are
several brokers specialising in used boat sales but they can also help
you with the process of buying a new one, whether in Cayman or overseas.
A good broker will help you determine what you need in a boat and scour
the market with you as your ally, steering you away from potential
problems and boats that might be considered poor value. New vessels may
not be trouble-free, but if you purchase from a local dealer, you have
the benefit of warranty service on-Island. There are several new boat
dealers in Cayman selling a wide range of quality vessels. Pricing is
competitive and the sales staff are quite knowledgeable.
Boat Dealers, Outboard Motors and BrokerageAutomotive Art & Yamaha Power Sports
Tel: (345) 949 7102
Authorised sales, service and support for Yamaha outboards, as well as a large inventory of Yamaha spare parts. They also offer Deka marine batteries and all Meguiar’s premium marine cleaning, maintenance and repair products. Dockside repairs available.
Tel: (345) 945 5103 or Cell: (345) 516 7708
Mobile boat maintenance, repair and management services for all vessels and watercraft. Brokerage for new and used boats, locally and internationally. Extensive experience working within the US market to find, survey, inspect, purchase and deliver boats to Cayman. Mooring installations; captain services, lessons and deliveries. Storage - dry and moorage. Exclusive dealers for WorldCat and exclusive broker for new Intrepid Powerboats.
Boating Made Easy
Tel: (345) 749 7555
Boating Made Easy provides secure long and short term storage for boats, trailers, jet skis and cars. Their experienced team will safely launch and haul your boat to and from desired locations. They offer monthly maintenance on boats and motor-related equipment and mechanical service, Fiberglass/Gelcoat repairs and hull repair/bottom paint.
Cayman Power Sports & Marine
Tel: (345) 943 2005
CPSM is Cayman’s certified Suzuki Marine dealer. They service and sell Suzuki Outboard Motors and parts. They also sell Zodiac RIBS.
Tel: (345) 916 0660 or (345) 945 0660
A full service boat and marine service and repair company offering fiberglass, electrical and mechanical repairs, cleaning and detailing, dockside repairs, rigging and splicing, as well as hauling and launching up to 50ft and 20 tons with their hydraulic trailer. They also offer emergency hauling, trailer repairs and sales, boat storage, custom boat building and they build handcrafted and one of a kind paddleboards out of balsa and paulonia wood. They are the exclusive dealers of Tohatsu Outboards, New England Ropes, Scorpion Bedliner for trucks and boats, Hall Spars, Quantum Sails, Mack Sails and Velocitek Speedpucks for avid sailors, kiteboarders and windsurfers.
Harbour House Marina (HHM)
Tel: (345) 947 1307
A full service marine facility at the end of Marina Drive in Prospect. Facilities include a 70-ton Marine Travelift and 7-acre repair yard which is able to handle all types of marine repairs. HHM is the only authorized Sea Hawk paint applicator in Cayman and offers a one year guarantee on all anti-foul jobs. They are dealers for the Boston Whaler brand and Sea Ray boats as well as being the distributor for Honda Marine. HHM has a new dedicated 6,000sq ft indoor repair facility with factory trained Honda and Mercury mechanics. They also have an onsite rigger for sailboats. Their well stocked chandlery (boating parts) is the largest in the Western Caribbean offering all major brands of marine equipment. Their fuel dock carries 93 octane gasoline and low sulfur diesel. They have canal docks available for visiting yachts with the best rates on-Island which include free showers, wifi, electric and water.
Tel: (345) 946 3575
Kirk Marine has one of Grand Cayman’s largest fishing and tackle stores. They carry well known fishing brands such as Penn, Shimano and Shakespeare. They have a full service boat yard, providing boat repair and rigging services, and are the authorised dealers for Evinrude, Johnson, SeaDoo, Eduardono Panga, Triton and Continental Trailers.
Tel: (345) 949 6672 or (345) 916 5572
MooreMarine is a full service boat yard that provides all aspects of services including on site diagnostic and servicing of all types and sizes of recreational water crafts and power boats. MooreMarine is factory-trained for Yamaha, Mercury, Mercruiser, SeaDoo and Johnson certified with over 25 years of experience. They utilise the highest level of technology in managing a full range of marine repairs and services as well as stocking of spare parts and boats. They are also an Authorized Dealer of Volvo Penta and Crusader Engines, Larson Boats, Stripers Boat, Hurricane and Rinker Boats, Glasier Bay Boat and Magic Tilt Trailers.
Tel: (345) 949 4186
Located at Barcadere Marina on North Sound Road, Scott’s Marine is a full service marine centre, featuring a boat yard with a 110-tonne haul-out capacity and a new 15,000sq ft showroom, chandlery and service centre. They are Cayman’s only authorised Mercury Marine dealer, as well as being authorised dealers for Yamaha, Volvo Penta and Yanmar engines; providing manufacturer-backed warranty and a factory trained and certified service team. They are also dealers for Bertram and Tiara yachts, as well as Pursuit, Grady-White, Cobalt, Starcraft and Bayliner boats. In addition, they offer a full line of marine batteries, parts, accessories, electronics, safety equipment, fishing supplies, apparel and more.
Government Boat Licensing Fees The Government imposes an annual fee on vessels in Cayman which is collected by the Port Authority. It is the duty of a boat owner to complete a licensing form and let the Port Authority know of any changes. Boats under 21ft are free, 21-30ft CI$200 p.a., 31-40ft CI$1000 p.a., 41-50ft CI$2000 p.a., 51-60ft CI$3000 p.a., 61-70ft CI$4000 p.a., 71-80ft CI$5000 p.a., 81-90ft CI$6000 p.a., 91-100ft CI$7000 p.a. and all boats over 100ft CI$10,000 p.a. Commercial boats also need to be licensed but the process is a little more complicated. Jet skis for private use are free. Jet skis for commercial use are CI$150 p.a. To download a form visit www.caymanport.com/Forms.php. All licence fees are renewable in January.
Boating Insurance Boat insurance is not compulsory in Cayman, although your bank will probably require it if you have taken out a loan to finance your dream. Boat insurance can be hard to get and some companies will only consider it if you have other coverage with them. Before deciding to become self-insured, you should appreciate the costs involved should you be involved in an accident causing injury or death.
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