Articles
August 23, 2022

Deciding what yacht to buy

Choosing the best yacht to match your lifestyle can be a lengthy process. Yacht brokers have the tools and experience to find the best yachts.

Deciding what yacht to buy

How do you choose the best yacht for you

Whether you are completely new to the world of yachting, or you are exchanging your old boat for a new one, there is multiple things to consider

  1. Your budget for the purchase and your ability to maintain the vessel all year round
  2. Size and style that fits your preferences ( speed boat, cruiser, ect.) 
  3. Location and permanent berth options
  4. Shipyard, brand
  5. Technical specifications (low engine hours, stabilisers, etc.)

Budget considerations

Choosing a yacht is always exciting process, but it is important to take into account all the things that are part of the budget. Of course it is the yacht itself, but also annual berth, maintenence, engine services, shipyard, crew and other costs that come with an ownership of a yacht.

Brokers can help you choose the right yacht

Yacht brokers can negotiate deals but also help you choose the best type of yacht for you

  • Great knowledge of the industry and used yacht market can help to find more yachts for sale
  • Brokers have greater negotiating power by giving a professional opinion regarding the yacht's condition
  • Brokers can use their industry experience to manage the seller's and buyers expectations
Make an offer with some wiggle room for negotiation

Once you have decided to make an offer, it is always recommended to keep a room for negotiation. You can highlight the reasons, why you are giving such offer and give the current yacht owner an opportunity to fix the issues that you have mentioned.

“Brokers have a great experience in the yachting industry and are there to protect the interests of both the buyer and the seller, and to close a deal where each party is satisfied.”
Which other tips do you recommend when buying a yacht?

Yacht buying is a fun and exciting process, if you have a serious interest always ask to take the yacht for a sea trial to see how it performs on the water and not just how everyone describes it.

SH Prestige Yachts

SH Prestige Yachts

Broker

Yacht charters and yacht sales agent with 12 years of experience in the yachting industry