Buying a yatch got 450k to spend on 1?

Question

Hello

Im in the middle of looking to buy a yatch i have 450k to spend on one, but what spec can i get for this much as im a 1st time buyer i dont wnat to be getting ripped off

many thank's

adam

Answer 1

i know sfa bout yachts  but i will say ... lucky u!

Answer 2

My big question is how much experience do you have? I know that this is not directly answering your question, but everyone seems to think that they can just jump into a boat and operate it with no prior experience. With 450k to spend, I am sure it is not going to be some little daysailer. Use some of that money that you have available to take some lessons from an experienced captain. In the course of taking those lessons, you will probably be able to get tons of advice. This will also give you the opportunity to see what size boat you will be comfortable handling. It is not as easy as it looks, especially docking. You need to be very comfortable with that otherwise, you will never leave the slip or never get back to it once you get out of it. Besides, it is really embarrassing to crash into your neighbors boat because you don't know how to handle yours. Expensive too.

As far as not wanting to get ripped off, you should never buy a boat without a survey. Check with your local boatyards and get some recommendations for the best surveyor around. They will know them by reputation. There are a lot out there but not all of them are good. Don't go on the recommendation of the boat seller because they are looking out for their best interest, not yours. Once you have a name, give them a call and see if they can offer any advice. If they know that you are going to be using their services for the survey, I am sure they will be happy to give you information. Ask them what you should look for as far as possible damage or indicators of problems.

Then go out and start shopping. Look at a lot of them and see what appeals to you the most about the different designs. Don't be an impulsive shopper and jump at the first pretty boat that you see. Even within the same brand, there will be different layouts. Some will appeal to you more than others. Make notes and then start narrowing down your choices. Once you have it narrowed down to a couple that you are really interested in buying, call your surveyor again and see if you can hire him/her to do a walk thru with you before you even make an offer. The worst thing is to get your heart set on a boat an then have your bubble burst by the survey. A lot of times, the tendency is to want to ignore what the survey says and find ways to justify the purchase anyway. Don't do it, you will only be sorry later. Get some expert advice before you make an offer.

Good luck and happy boating.

Answer 3

what's your definition of "yacht?"  

many think "yacht" means a vessel much like Paul Allen's "Octopus"

yet "yachts" are subjective as to the size a vessel is a called a "yacht."

a "motoryacht" can be 32-33'.

"yacht" certified for insurances purposes can be as low as 25' and up...

and then sum it all up with this brain teaser...

when a "small craft warning" is issued any vessel under 65 feet is considered a small craft...

do some searching on the net for used "boats" or "yachts" and see what is out there on the market. but as a 1st time buyer unless you have a crew to man her start off small, put the balance of the money to work making you more money and then when the time is right buy big!

good luck!

Answer 4

What kind do you want? (I'm assuming you mean yacht) but do you want a motor yacht or a sailing yacht?

Answer 5

loser....

Answer 6

get a 40 viking  its a good name and vessel

Answer 7

Believe it or not you wont get much for that much....are you talking about a sailing yacht or a motorised vessel? I had to spend nearly 1.5million to get one which had six bedrooms with en suite together with good lounge and galley facilities, and of course crew quarters.....

The Min. you should be looking for in a new vessel is at least 20m in length, six berth, may be best to look for a second hand one.

Answer 8

At to days prices spend half on the yacht and save the rest for repairs & FUEL> decide what your going to do with it> Take a  marine course so you will have some insite on how to handle it>have many boats to look at get a marine survey on any 1 your going to buy> Take a marine collage course on boat repair>So you have a clue what they are about>

Answer 9

i recon you be shineing false lights.