Use These 10 Steps To Buy A Palmetto Yacht
Yachts are a luxurious toy for the wealthy. But what does it take to own a mega-yacht, other than a lot of money? We talked with a few Palmetto yacht brokers to find out the basics of purchasing your dream vessel.
Total customization might not be the best option
While you can totally build your yacht from the ground up, yacht owner recommends only semi-customizing. The shipyard will already have a layout in mind, and then you can customize from there.
Following the experts’ advice will save money in the long run
With the semi-customization option, the base engineering of the boat has already been built by a reputable shipyard, which means you can fully trust the design.
One design choice will affect the entire process
Be aware of what yacht owners call “the design spiral”. If you decide you want a boat that can run 20 knots, know that it will burn significantly more fuel than a 12-knot boat. Also, the faster boat will have less room for luxurious toys.
Saving time means sacrificing customization
If you choose to buy a pre-owned boat, you won’t have as much freedom to customize. However, the time it takes for you to obtain the vessel will be much shorter.
But buying a pre-owned boat involves a bit more work
When buying a used yacht, there are a few more steps involved.
Take it for a test drive
After negotiating the price, you’ll take the vessel out for a trial run. Be sure to have a survey team inspect the boat for any mechanical issues.
Follow the guidelines
Whichever type of yacht you buy, yacht owners suggests you do plenty of research.
Use your friends and family
Once you’ve done your research, seek the advice of every yacht owner you know and trust. They can prove invaluable advice on the process.
You might not always get your way
It’s important to be flexible when designing a Palmetto yacht.