1. What will you be using the yacht for (charter, racing, fishing, leisure, long distance vs. short distance, business vs. pleasure)?
2. Where will you be sailing? National or International waters, lakes or oceans, tropical or arctic waters?
3. What sort of lifestyle do you lead? Are you looking for a luxury yacht or one with just the basics?
4. What do you do in your spare time? If you like billiards, drinking, entertaining, relaxing outside, sunbathing … relevant features should be taken into account when looking for a yacht.
5. How many sleeping spaces will you require?
6. How much food will be prepared on the yacht? Will you be dining out most of the time?
7. If you’re buying a yacht with a spouse, family, or friends, what features are the most important to all involved and what features are you willing to compromise on?
8. How much do you know about yachts? It’s ALWAYS a good idea to look into getting a broker who can help you through every step of the yacht buying process and give you knowledgeable feedback before you make important decisions.
9. What budget are you looking at? How much can you spend? How much would you LIKE to spend?
10. Do you want a custom or a pre-made yacht?
11. Do you want a new yacht or one that was previously owned?
12. If looking at previously owned yachts, is it possible to contact the previous owners to discuss their experiences with the yacht?
13. Do you want a particular brand of yacht?
14. Have you done your research? It’s always good to compare pre-owned and new yachts and to scope out the market so that you know what your options are. You can begin by using the online searches mentioned in this report.
15. Will you need insurance? (Always a good idea, but not required by law)
16. Have you had the boat surveyed?
17. Does the yacht have proper documentation?
18. If you’re looking at a previously owned yacht, how old is it? In what condition is the hull, the plumbing, the equipment?
19. Do you want a sailing or fully motorized yacht?
20. What size of yacht do you want?
21. Will you be going on long trips (require comfortable sleeping facilities)?
22. Finally, how long do you plan on using this yacht? Are you planning on keeping it for years, or upgrading to a larger (or fancier) model in a year or two?
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