what to look for when buying a yacht

Buying a yacht can be relatively painless if you are well prepared. There are several things to consider when purchasing a yacht.

Finding a reputable builder or company is the most important aspect of buying a yacht. Look for a builder that has experience. A new company can do an excellent job, but it is up to you to decide if you want to go with experience or potential. Ask for a consultation. There is usually no fee and any builder worth its salt will be happy to provide you with all the information you desire. Also ask for a list of previous clients. Speaking directly with their customers can be an invaluable tool in deciding which company to go with. If this is not possible, go with your gut instincts. Nine times out of ten, they are right.

Get a second opinion. If you disagreed with a doctor about a health issue, you’d ask another doctor, right? Same applies here. Although, word of mouth is arguably the best way to find assistance with any search, don’t make a decision solely on someone else’s experience. What’s right for them may not be right for you.

Yachts fall into two categories; sailing yachts and motor yachts. A sailing yacht is generally less expensive, but has all of the style and class as that of a motor yacht. While motor yachts can be a bit pricey, they pack a lot of bang for the buck. You can also opt for the sailing/motor yacht combo. Most builders offer a number of models, usually four or five, that they always carry in their catalog. These yachts come with standard features such as a kitchen, bedroom, and bathroom. They can be customized and are an excellent choice for those on a budget.

If you happen to be a big spender and money is no object, then a mega yacht may be your cup of tea. These vessels are not for the faint of heart! They are massive, usually 200’+ and carry a hefty price tag, but can rival any five star hotel for comfort, convenience and class. You are limited only by your creativity and your bank account.

Review:
1. Research. Finding a reputable builder can seem like a daunting task, but it is well worth the effort. Doing so will save you valuable time and money.
A. Experience or potential. It’s your call, but whatever your decision, be well informed.
B. Don’t be afraid to ask for a consultation. Remember, they want your business.
2. Ask around, but get a second opinion. This is a huge investment and you can’t afford to play the guessing game.
3. Know what your budget is and stick to it. You can avoid plenty of heartaches and headaches by setting your spending limit.
4. Know what you want! There can be nothing more frustrating than finding the perfect builder then having to deal with delays because you don’t know what it is that you truly want.
5. Last, but not least, have fun! Chances are, if you’re buying a yacht, you’re at a pretty good place in your life. So, relax and enjoy.

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