Take detailed photos (a full roll of shots)
of each yatch you look at that interests you. It's amazing
how quickly you forget details after stepping off a particular
yatch. Seek other opinions on the yatch you're looking
at, but don't let them be your only influence. For every expert's
thoughts on one type of yatch, there is another expert with
very different views on the same yatch. Re-examine your own
needs and requirements, then make the decision for yourself.
If you are buying an older or poorly maintained
yatch for sale, be aware that it is likely to have many problems
and system failures. If you're not mechanically inclined,
don't take on these "projects," instead opt for
a newer model. Whenever possible try to find and deal with
the listing broker of a particular yatch. Not only will he/she
know the yatch better, he'll also have more incentive to get
a prospective buyer and the seller together on a price, and
may even be ready to cut his commission a little to help the
deal develop. Once you've found your perfect yatch, research
its value before making an offer. Look for comparable vessels
for sale in yatch publications, local trader magazines and
on the Internet. Check the BUC book, a used-yatch value guide,
but don't rely on it as your sole source. The information
reported in BUC's is very inconsistent, and we found it didn't
reflect what many yatches were selling for today. When you're ready to make an offer, remember to include contingencies such as, sea trial, satisfactory professional survey and any financing you may need.
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Before
you get started on buying a yatch, set a maximum price that
you are willing to pay and try to avoid looking at anything
priced higher. It will be harder to stay in your price range
once you've looked at more expensive yatches. There's always
a nicer yatch out there- no matter how much you spend.