If you’re a first-time yacht buyer the selection of previously used boats available for purchase can be irresistible. How do you make sense of all the different models and styles out there?
The first time boat buyer needs to avoid purchasing on emotion and take a hard look at what they want to do with the vessel. Making the wrong choice will be a big problem in the long run and perhaps cost you thousands.
To begin with, are you a sailor or a motor boater or maybe you don’t truly know? Many like the story of a sailboat in the islands; others don’t want the aggravation of the sails, appurtenances etc. But a sailboat is very inexpensive to run if your plans include sailing to far-away places
Once you have assessed your yacht preferences you can then decide on what you wish on doing with it.
How will you use your new yacht? I always say that there are “sincere boaters” and just “owners”. Actual boaters use their boats; boat owners just like to say they own one as their yachts rarely depart the wharf. Many boaters may be full-time liveaboards using their boats as their housing every day. Others may just use their boats on nice weekends when time permits.
Next is the cost of watercraft ownership. You must take this into consideration. The initial purchase is like a down payment. Boating has its costs that you need to be aware of. If you are mechanically inclined, you will find that the costs are not out of line. Most watercraft owners do the majority of repair themselves. I have posting at my website about the specifics of boating costs. Feel free to take a look.
So thus far we have determined what type of boater you are, we know what style of cruiser mostly appeals to you, we know how much we expect to use it and about what to expect in the maintenance of her.
Now comes the hard piece; how do you select just the right one? I have developed a purchase checklist that I use with my customers to let them choose the critical features of their desired boat. That checklist then becomes the basis for the perfect boat hunt. When I am dealing with customers, I then look for yachts that best fill the customer’s wants recognizing that most purchases usually involve compromise. Rarely do I find a cruiser with all of the desirable features.
In the planning stage, I always say that you’ll know it when the right vessel comes along; it will “talk” to you. Any potential boat will have the lines, the feel and the personality that appeals to you. Don’t settle for anything less than one that pleases you.
But what about the cost of that used boat? How do you know you are getting a fair transaction? Borrowing from other posting at the Paradise Yachts website about the True Value of Yachts, good yachts always command higher prices, always! A newer boat in bad condition will bring less than an older vessel in good condition, always! Never buy a boat based upon the initial price alone or you’ll be selling it within 6 months.
And should you a survey, yes it’s always advisable. Select a knowledgeable surveyor that has experience with your desirable yacht . Ask him for references too.
If you are working with a respectable Yachts Broker, he will recommend various top-shelf surveyors but will insist you choose the one you want to use.
And finally, use a Buyer’s Broker to represent you in your hunt , selection and purchase. It will save you lots of time, money and a lot of disappointment.
SOURCE : www.luxuryyachtsforsale.org
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