The vessel appears to be a GB 43 EU, pretty much a bread and butter build by a reputable builder. But no matter who the builder, care and attention on the part of the owner is required as mentioned in above posts.
On the assumption that is correct.
I am a huge fan of Grand Banks and think this is an excellent boat......but....
All the more reason to be extra cautious. Grand Banks has had a very tough time. Their sales are a small part of what they once were. They have been on watch by the Singapore Stock Exchange for some time and to come off watch needed to show a profit last year, which they didn't. So they got an additional year extension. They sold additional stock last fall to raise money. And Livingston (CEO at the time and largest shareholder, had run things for decades) had a buyer for the company a couple of years ago, but the board voted no and fired him. So there has been conflict among the shareholders and the stock now has fallen from Singapore $0.355 a year ago to S$0.215 now or about US$0.17 per share.
Now I think they have plenty of funds for this year and should have no problem completing a boat. But companies with financial issues often let other things slide a bit. They did sell their Singapore plant in 2012 and all manufacturing is done in Malaysia.
This certainly is a bread and butter boat for them as stated. But as I stated earlier I would monitor production of any builder and there is nothing about Grand Banks, especially considering what I've said here than would make me less inclined to do so. If I'm going to buy a $1 million plus boat. Did you know Galati has this boat in inventory, new 2014 model, in St. Petersburg for $1,123,547?
If you order, I reiterate, Lawyer to review contracts. It gets complicated even knowing who you're buying from. Is it the dealer? Is it Grand Banks Yachts Limited of Singapore? (The parent). Is it a Grand Banks Yachts Ltd., of the US? Is it Grand Banks Yachts Sales LLC of the US? Is it Grand Banks Yachts Sdn. Bhd. of Malaysia (the manufacturing arm), or Grand Banks Yachts Australia Pty. Ltd.? The reason this is important is that your contract may well not be with the manufacturer or anyone with assets. I would want it at least guaranteed by the parent.
And, if I'm ordering a boat such as it, I'm absolutely visiting the plant before placing the order and a couple of times during production. You can get a feel there for what is going on. Are they waiting for parts, for engines? How are things running? Are other boats being finished on time?
I'm not at all trying to dissuade you from Grand Banks. Just make you aware that just because a builder has a good history doesn't make this perfect.
In fact, change the name Grand Banks to another builder and you're likely to have the same issue.
Marlow has their many entities and yet in one case their sales contract was under the name that didn't exist legally. Figuring out who to even sue was complicated, so they sued them all, but then the battle was to determine who was liable.
Ordering a boat is a huge financial transaction for most of us. Even with all precautions there are no guarantees. But it sure can improve your odds.