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Showing posts with the label benefits of buying new yacht

Buying the Right Yacht: Used vs. New

The idea of owning a yacht may be a dream for most, yet this dream comes true for many every day. Owning a luxury inland waterways or seagoing vessel is a great way to enjoy vacations, retirement, or just a weekend trip from a private dock.
However yacht owners plan to enjoy their yachts, they must first choose how to acquire the perfect one. In this regard, let's examine the pros and cons of buying a used vs. new yacht.

Buying a New Yacht
The biggest con of buying a new yacht is paying full price and then having it depreciate quickly; within five years a new yacht can depreciate upwards of 40% from the original price.

With that said, buying a new yacht means buyers have more selection when it comes to choosing from new models and types of yachts. Whether they're buying an express cruiser, a pilothouse motor yacht, sedan bridge, or a mega yacht, they'll have more selection with type and customization.

Buying a new yacht gives owners the assurance of knowing their vessel is un…