| > | | | | want to hire a yacht broker. They will help you |
| | | | determine which yacht is best for you, negotiate |
| Buying a new Yacht: | | | | deals and arrange financing.Test Drive:Like a car, a |
| Are you planning on purchasing a new yacht? | | | | yacht should also be taken for a test drive. Once you |
| Whether you are a first time yacht owner, or have | | | | think you have found the yacht that you would like |
| been navigating the waters for decades, there are a | | | | to purchase, it is a good idea to see how it handles |
| few steps you should take. As exciting as it is; | | | | on the water. Here you can see if you enjoy the |
| buying a new yacht is not something that you should | | | | way that it rides, and if it is right for you. There are |
| just jump into. You need to decide which yacht is | | | | certain tests that you should do while out on the |
| right for you and your needs. Take into consideration | | | | water. Check to the engine to see if they are warm |
| what you will be using the yacht for, who will be | | | | before turning on the ignition. If it is, the owner may |
| going with you, and where you will be taking your | | | | have started it up prior to your arrival. This would be |
| yacht. You can find this information buy reading | | | | done to hide the fact that the yacht may have |
| articles about different types of yachts, researching | | | | trouble starting. The bilge should be checked at the |
| yachting websites, and looking through yacht review | | | | beginning and end of the test drive for any oil leaks. |
| magazines. yacht shows are an excellent way to | | | | While in the dock, maneuver the yacht around in |
| learn about yacht styles, sizes, engines and | | | | forward and reverse to check for response time. |
| equipment. Reading opinions and experiences that | | | | Check for bow steering while at slow speeds, and |
| other people have with yachts may sway your | | | | record how long it takes the yacht to plane at high |
| decision or give you ideas.What size should I | | | | speeds. Take several turns; wide and tight at various |
| get?Deciding what size yacht you need is important. | | | | speeds. If the bow of the yacht bounces on straight |
| You do not want to get a yacht that is too small for | | | | runs, adjusting the trim should be able to fix the |
| the intended use, or one that is too big for just | | | | problem. Check to see how smoothly the yacht |
| taking you fishing. Bigger yachts will usually have | | | | handles waves and wakes. You do not want side to |
| more amenities such as cabins, toilets, and galleys. | | | | side rolling. You should also be observing how well the |
| However, this means that there are more systems | | | | gauges and instruments are working, as well as the |
| that need to be understood and maintained. Some | | | | oil pressure. The engine should be run long enough to |
| yachts are too big to be trailered, which leads to | | | | check for overheating.Purchasing the yacht:Make sure |
| transportation issues. They will also take more gas to | | | | to check around for prices and follow blue book |
| operate.New or Used?Decide whether you want a | | | | pricing guides. This will help you negotiate the best |
| yacht that has never hit the water or one that has | | | | price for your yacht. Once you have the price you |
| had a little experience. Buying both new and used | | | | are satisfied with, have the owner put it in writing. |
| yachts has its pros and cons, like anything else. | | | | This will eliminate any problems with price changes |
| Whether you are buying new or used; shop around | | | | before the sale is complete. This agreement should |
| before making your big purchase.If you buy a new | | | | also list terms, as well as the accessories that are |
| yacht, you know that it does not already have | | | | included in the price. If you are buying a new yacht, |
| problems or repairs that need to be made. If | | | | contact several lenders to get the best deal on |
| anything goes wrong with the yacht once you own | | | | financing.A few more things after the purchase:It is a |
| it, it is under warranty. Buying new also allows you to | | | | good idea to take a yachting safety course. Even if |
| custom order according to your specific needs and | | | | you are familiar with the water, and have been on |
| wants. There are financing options when buying a | | | | numerous yachts in the past; you should take the |
| new yacht, which allows for better interest rates and | | | | course. There are safely tips to follow to make sure |
| deals. If you buy new, make sure that you address | | | | that you have a fun and safe summer on your |
| any problems that come up while the warranty is still | | | | yacht.You are now the proud owner of a yacht that |
| in effect.If it is a seasoned yacht that you are | | | | is new to you. When insuring your yacht, it is very |
| looking for; than buying used is your best option. | | | | important to include the survey and inspection if you |
| Used yachts are good for yachters who are not sure | | | | have one. Register your yacht and apply for a new |
| what they want to do on the yacht. If you are on a | | | | registration sticker. Title your yacht in your own |
| budget, buying used in less expensive than new. You | | | | name; if it was previously owned it will need to be |
| may not find exactly what you want in a used yacht, | | | | re-titled. Pay your sales taxes. Get your yacht |
| which leads to added expenses to customize later. | | | | inspected by the local Coast Guard and display the |
| Before buying your used yacht, get a marine survey | | | | sticker on the port side window.Preparing yourself by |
| and have the yacht inspected. This will check for | | | | setting a budget is important. Owning a yacht can |
| structural damage or mechanical problems that the | | | | get expensive. Plan out what added expenses you |
| owner failed to mention, or may not have known | | | | feel are necessary for your yacht, and don’t |
| about. They will also be able to detect whether the | | | | forget the cost of fuel. Following money saving tips |
| yacht will need repair in the near future. With this | | | | will help you stick to your budget.If you are not an |
| information you can make an educated decision on | | | | experienced yachter, your first trip on the water |
| whether buying used will really save you more | | | | should be with one. They can show you helpful things |
| money.Make sure that the dealer you are buying | | | | like turns, docking and trailering. They will help you to |
| your yacht from is reputable. Checking around and | | | | feel more comfortable and confident enough to be |
| asking advice will only help you in the long run. It is | | | | on your own. Make sure you are equipped with the |
| very important to check the dealer/seller for proof | | | | necessities. Keep a tool kit, first aid kit, |
| of ownership. You do not want to buy a yacht that | | | | documentation, light bulbs, fuses and manuals on |
| is stolen. If you feel as though you need help | | | | board.Get out on the water and enjoy your new |
| researching and purchasing your yacht, you may | | | | yacht! |