Buying a yacht, what do i need to know
The yacht market is currently undergoing a radical shake up. What was once a pastime for an elite group is now becoming an ever more egalitarian pursuit. Large part of this transformation in the last decade has been the development of the used boat market, whilst new yachts are utilising materials that make yacht purchasing cheaper.
However, with any market undergoing radical change its easy to forget that sometimes, whether you’re a first time buyer or someone with a little experience, knowing what to look out for when purchasing a sea vessel is always a good thing.
So, what do you need to know when buying a yacht, and what pitfalls can we avoid when doing so? Here are just a few tips.
Are you using a broker or not?
Unlike buying a car, where supply far exceeds demand, the act of buying a boat is a little more complex. …
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