Boating Law Facts

Purchasing a yacht or boat for sale, whether for the first time or not, requires a great deal of time, research and analysis. Ownership of a sea or lake vessel involves investing a large sum of money, with many other ongoing and regular maintenance expenses throughout the months and / or years of ownership.

A few important questions that you should think about in regards to considering yachts for sale have been noted below:

It’s the same with boats. Believe it or not, the average length of yachts doing world cruises is around 30 feet, and a lot of them are being sailed by just one couple. Once you get the 30 feet mindset, you will find that prices will almost certainly accommodate your limited budget. In my local market of Australia there are plenty of boats available for under ,000, and some under ,000, if you drop down to a 28 foot yacht.

These prices are equivalent to buying a second car, which is not considered an extravagance in today’s society, so it’s a straight choice, a second car or a boat. An additional factor is that the resell price will not drop significantly if it is a good solid boat with a good reputation, so you could possibly buy a ,000 boat, have a few years of sailing fun, and probably sell it for the same price. There is no odometer on a boat - it’s the mileage that dictates that a car with high mileage will be cheaper than an identical car with a lower mileage.

A few questions you should ask the existing owner about the vessel for sale include:
-Where was the vessel stored? - Marina, dock or trailer for instance.
-What was the boat used for? - Cruising, sailing or racing for example.
-Does the boat come with a trailer and/or motor? What condition are these in?
-Does the vessel meet current safety guidelines and when was it last inspected?
-Has the yacht ever been in an accident? When, how etc.

In boats 30 feet and under, you should plan on there only being enough accommodation for two adults, or perhaps two adults and a couple of kids, regardless of how many berths there are. Because a boat has limited space, any extra berths will be very small, and will probably be next to the toilet - not a very hospitable place to put your guests!

So, lower your sights and expectations, forget the fifty foot plastic fantastics - you couldn’t afford the annual associated costs, let alone the boat itself. Do your searching for a boat with a lesser mind set, find the one that meets your budget, pull out your checkbook and get out there

Resource Author Francisco Rodriguez Higueras
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