The best things in life are free right? Unfortunately, not so for most things, certainly not when you are thinking of buying a classic motor yacht. There are so many people who dream of classic yachts and imagine themselves traveling the world once they retire. Not just because of the sense of freedom it gives you, but also because of the social standing you will gain by owning a classic motor yacht. Of course, it is also possible to charter a yacht so that you can experience traveling the world in a yacht. So, if you want to own the yacht of your dreams and travel the world, there are a couple of things to think about so that you don’t spend even more than you should. It all starts with research. First, you need to research which yacht best suits your needs and then look at which yacht will best suit your budget. Both are incredibly important considerations, of course.
The best place to start your research is the internet. You will be able to see what models are available and where to buy them from, as well as being able to read reviews by other owners on the way these yachts function. What makes them great and what makes them not so great, basically. Make sure you read these reviews, as these are generally written by people who are one step ahead of your situation. They are no longer looking, they have bought and tried. If you find a certain boat has many bad reviews, you may want to consider a different classic motor yacht, particularly if the bad sides seem to relate to things that are important to you. For example, if you enjoy the wind in your hair because of the yachts speed and most reviews say that a specific model of a classic motor yacht is very slow, then this boat is not for you. However, if you just want to take your time, then this yacht may suddenly become very interesting. Most times the seller is willing to negotiate the price as well.
Never, ever, buy a classic motor yacht before going to actually see it. Preferably, you should sail it for a little while as well. You need to really get the feel for the yacht, how it handles and how it sits on the waves. Make sure you check it inside and out, including the hull and any damage underneath. Don’t be tempted to buy a yacht that simply doesn’t offer you the quality you should expect for the price.