A Guide to Choosing Your First Yacht

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luxury sailing yachts

There is something about the waters that draw your attention. If you love to explore the waters, it is time that you consider your first yacht. You have to know that there are different types of a yacht like sailing and motor yachts. Sailing yachts are more common with categories like day sailing yachts, weekender yachts, cruising yachts and luxury sailing yachts.

Once you have identified that you need a sailing yacht, the next thing to do is figure out which is the right one for you. Buying your first is challenging and daunting at the same time but with the right guide, you will not be confused and irritated. Remember that maintaining a cool-head will help you evaluate and narrow the choices to a sensible list.

motor yachts

Here are some things that you should consider when you are picking your first yacht:

How do you intend to use your yacht?

You already know that there are different categories of a sailing yacht. Each type presents different feature and uses. It is a great help if in the beginning you already know the kind of sailing you intend for the yacht. Are you thinking about spending most of your time sailing or maybe just the weekends? Are you into the challenge of long travels or passages? These are the things that you should ask yourself to identify the kind of sailing you intend for the yacht.

You should also consider your sailing experience. Most first-time buyers only spent few weekends afloat. If this is you, it is important that you first get more sailing experience using different boats before actually buying. Your experience will give you a picture of your needs thereby minimising the risk of buying an unsuitable one.

What is the size of the boat you prefer?

It is crucial that you have sailing experience with different boat sizes because you will learn which one can be maneuvered easily. For old-timers, they will suggest a smaller boat but other first-time buyers are considering boats between 35 feet to 45 feet. You should also consider where you plan to keep the boat. If it is in a marina berth, remember that the bigger the boat, the higher the fees are.

How much is your budget?

The good news is that there are many yachts for sale but you have to understand that having one entails a lot of responsibility. Be sure that you are ready for the responsibilities. When you are thinking about the costs, the first thing that you should consider is the purchase price of the boat. It should be lower than the amount you want to spend up front because there are other costs you need to consider like insurance, survey, renewing equipment and mooring fees. Aside from the purchase price of the boat, you should include an allowance for unexpected things such as replacement of parts, accessories, electronics and safety equipment. Many owners underestimate the costs. They end up selling their boats eventually. If you are thinking about marine mortgages and loans, it is recommended that you investigate first.