Business

Important points to be noted while buying a Yacht

Boating provides fun and happiness to the people who go for boating.  It is an emotional investment of energy and time.  People who are interested in sailing and who are willing to go for boat races desire to have their own Yacht.  Buying a Yacht is not a simple thing and one should understand the positive and negative side of the product before buying the same.  The purchaser should have taken a right decision for himself, family as well as the way of lifestyle. People should mainly concentrate on safety, looks and price, maintenance and equipment while choosing the Yacht. They can even take opinion from friends and family and even Yacht broker who have experience and knowledge on the Yacht business.

Points to be taken into consideration while choosing the best Yacht: initially people have to decide where they actually want to boat that is in fresh water or salt water, rivers, lakes and oceans.  The persons interested in buying a Yacht should imagine the activities that they like to do with their family and themselves. They should have clear plan about their activities whether they will go for racing or coastal cruising, island hopping and fishing. As per the plan they can purchase a yacht which will serve their purpose in the water.  Determine the place where you want keep the Yacht whether in water or a secured storage place. Make sure what type of Yacht you prefer sail or power.  If you are preparing to sail then decide on monohull or multihull and if it power then make a choice on propulsion outboard-inboard pod.

Choosing a manufacturer :  After gaining information from friends and online and even after getting recommendations  they should concentrate mainly on two things- the manufacturer from whom they are going to buy the Yacht and the Yacht broker who will sell and provide service until the ownership rests with the buyer. Choosing a right manufacturer will be a tough job as many boat builders exist in the market. Choose a manufacturer who is reliable, trustworthy and having experience and exists in the market for a longer duration. The manufacturer should have knowledge on boats and should meet the expectations of the boat builders and should be around in the market for longer durations to provide warranty. People buying a boat should also choose a friendly dealer who will provide better service for them.

The advantage of buying a new boat is it has warranty with it. Warranty ensures that the boat and  the equipments will be  protected from defect. Make sure you have proper knowledge on warranty as some are transferable warranty and in some other cases the manufacturer will provide third party warranty which is nothing but insurance policy.  Transferable warranty will attract the customers when the owner wants to sell the boat. Make sure the warranty is provided for equipments, engine and hull.  Apart from warranty, buying a new boat ensures new equipments and new technology and latest design and the new generation boat will come with new hells and whistles which will make the boating more fun and ensure safety.