RedactedNarrative: Vessel was going at a high rate of speed at night with an operator that had no experience behind the helm.    The vessel was just purchased on the same day 11-10-2014  at 1300 hours.  The operator hit the north jetty at indian river inlet on 11-10-2014 at 1838 hours.  The vessel was a total loss - $40,000.00, insured for $50,000.00.  The passenger had facial cuts, broken nose and injuries to the nasal passage.  The vessel radar went out halfway on the trip.  The operator was using a marine map plotting a course to indian river inlet.  All navigational lights were working, pfd''s on board, fire ext. On board and sound device on board.