Looking for a Yacht or Boat? Buying boats is a complex business, but with the right advice you won’t be left all at sea. Purchasing your first yacht, or upgrading to your next one, is a significant investment decision. And while the perks of a yacht owning lifestyle are many, it is important to understand and deal with any challenges involved. The first thing you’ll need to consider is finance. What is your budget? You need to set a budget that is realistic for both your aspirations and your pocket. Take into account buying costs and depreciation. Most people understand that once you have driven a new car off the forecourt, the vehicle becomes immediately second hand and loses value. The same principle applies to purchasing a new yacht. Although the depreciation won’t necessarily be as dramatic as with a new car, it is certainly a factor that needs to be considered. With finance secured, then comes the second challenge – finding the yacht that works for you and your budget...
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