| Buying a yacht is a big commitment, both
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| | it, you need to make sure you can afford
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| financially and in terms of the time it
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| | it. On top of the basic price you pay for
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| takes to go through the buying process.
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| | a new yacht, you will need to set aside
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| We have put together this brief guide to
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| | another 20% for extras to equip it. For a
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| buying a yacht, to help you through the
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| | used yacht, you may want to set aside up
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| yacht buying process.
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| | to 50% for a refit and equipment. Money
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| Type of Yacht
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| | will need to be set aside for insurance,
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| The yacht buying process starts with
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| | mooring and maintenance. When you've
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| considering what type of yacht would be
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| | signed on the dotted line, whether you
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| best for you. When thinking about what
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| | are buying a new or a used yacht
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| type of yacht you need, you will need to
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| | typically you will need to put down a 10%
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| consider what you will use the yacht for.
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| | deposit. A new yacht may have stage
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| As graceful as a sailing yacht is, a
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| | payments through the build process before
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| motor yacht tends to suit most people's
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| | paying the balance. After a used yacht
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| needs requiring less experience to run,
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| | has had a survey and a sea trial is
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| more space and wider living area below
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| | accepted, the final balance is paid and
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| decks, and the ability to travel at
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| | the customer takes ownership of the
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| higher speeds. The size of the yacht is
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| | vessel.
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| an important factor to consider, as this
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| | Yacht Survey
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| will determine how many guests you can
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| | If you are buying a used yacht, it is
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| entertain, and how many of life's
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| | imperative you get a comprehensive survey
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| essentials you can carry with you.
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| | done. A surveyor will check the yacht all
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| Whether you choose to go for a new or
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| | over, advise you of any damage or
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| used yacht will depend on how quickly you
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| | problems, and tell you what work needs to
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| would like to be out on the water. A new
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| | be put right. Many insurance companies
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| yacht can be ordered to your exact
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| | require a survey to have been done before
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| specification, however the flip side of
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| | they will cover you.
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| this is that it will take time to be
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| | A Helping Hand
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| built. A used yacht may not be exactly to
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| | Unless you've bought a yacht before, it
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| your specification, however it will take
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| | is strongly advisable to purchase your
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| less time for you to be out on the water
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| | yacht through a yacht broker. A yacht
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| enjoying it!
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| | broker will not only advise you on what
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| Paying for Your Yacht
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| | type of yacht would suit you best, but
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| Once you've come up with the
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| | can help with financing and insurance
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| specification of your dream yacht, before
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| | options, as well as ensuring the buying
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| rushing out and searching for/ordering
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| | process goes as smoothly as possible.
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