Have you been considering getting your own yacht? Well then you must have considered both options of buying new and a used yacht. A new yacht may sound like a dream come true for a boater, however there are some disadvantages such as higher price, rapid price fall in few years of use, high maintenance costs etc. So here are a few reasons why you should buy a used yacht rather than a new one.
1. Cheaper price
The most obvious advantage of buying a used yacht is a low price. The thing about yachts and other boats is that it depreciates rapidly during the early part of its useful life and then slows down towards the latter. By depreciation it does not mean that the yacht would be in a bad position soon, but only that the value in the market goes down. This means that even though the price you pay is very low, it has not been used so much; hence you could get one still in very good condition for a very low price. Worth the money right? If you already have such a deal, do not hesitate. If funding is the problem, go for boat finance Brisbane. However make sure you have a stable way of paying it off.
2. Extra gear and updated machines
Buying just a plain yacht will not be sufficient. There will be certain extra-gear that comes along with it such as life-jackets, medical kits, flares, cleaning supplies etc. When buying a used yacht, it is likely that the former owner has bought those items already so you need not spend those extra bucks from the jet ski finance you got. Another point to note is that just because the yacht is used, doesn’t mean it runs poorly. In fact, used yachts may have updated parts which run better than new yachts.
3. Better quality and ease of handling
You might think that getting a new yacht would mean that it would be of better quality. Well, you may need to think twice. Unfortunately nowadays, most yacht manufacturers focus more on size and design rather than its quality. It would be very difficult to find a yacht that would match the quality of manufacturers some years ago. With used yachts, you could be pretty sure that it is still in good shape since if not, it wouldn’t have lasted that long. With a few repairs, you’d be able to use it for the years to come. However with new yachts, you never know when it will break down. Also, new yachts will have modern features which may be difficult to handle, however used boats will have only the basic and simple features.