If you’re looking to buy your own yacht to sail Vancouver – or even further, there are so many factors that you need to bear in mind. No doubt you’ll be fully aware that this is a costly decision to make. So how do you know that you’re making the right choice? Ensuring that your purchase becomes a thing of joy and beauty rather than a financial drain, here are four pointers that are well worth considering.
- How much is it?
Obviously this will depend on your budget. Normally the first decision that you need to make, it will give you the opportunity to see what you can realistically afford. Certainly a point you need to consider is how much it’s likely to be worth should your financial situation change and you need to sell.
- Is it ship shape?
It goes without saying, but regardless of age, it’s vital that you find out exactly how the yacht fares in both looks and performance. An older or used yacht may be lower in price but if it is not up to a certain standard may end up costing you much more in the long run.
- Find a yacht surveyor
To make sure that you are totally confident in your proposed purchase, it’s vital that you employ a yacht surveyor to assess the suitability of your chosen yacht. Choose your surveyor wisely. Ask around for opinions on yacht surveyors from colleagues that have used them previously or companies that offer yacht charters – you want to be sure that they are capable of the job in hand.
- Purchase agreements – be prepared
Once you’ve made your decision on your chosen yacht, make sure that the purchase agreement that you sign enables you to cancel if your yacht doesn’t meet your requirements. It’s vital that you take your yacht out into open water for a sea trial for a minimum of a couple of hours.