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Old 02-24-2008, 01:38 PM   #9
yachtbrokerguy
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Join Date: Apr 2006
Location: Fort Lauderdale
Posts: 273
Nilo has a good suggestion to buy a yacht slighlty used. Since you have not had a lot of time on other yachts, you have not been able to learn from experience what features will work best for you. Like many buyers in that price range, it is harder to make a decision about which yacht to buy, rather than to write the check. If you find out that you want to go larger, or smaller, after a year, the cost of getting into the boat and getting out of it will be less.

Besides a hull survey, an engine survey will tell you a lot of how the engines were used, if that is your main concern. They can be hooked up to a technician's computer and you can get a readout of how many hours they were run at different loads, if they overheated, or showed other fault alarms. Extended warranties are available for the engines, but if the boat is only a year or two old they will still be covered under the original warranty.

Your insurance company may require crew on board for the first six months or longer. Find a good captain, and tell him the idea is for him to teach you enough that you will not need him in six months.The most important thing is to fall in love with the boat you are buying!
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