On the firsthand, buying a second-hand yacht is by no means an easy decision. But it is a smart decision when it comes to finances. Purchasing a brand-new yacht is a considerably costlier venture, with a price tag that is typically 25 – 35% higher. Buying a used yacht saves you the sales tax as well.
At NWE, 99% of our brokerage yachts are not new, and that is intentional for some of these very reasons. As well, because our customers can keep their purchased yachts in our charter fleet, it’s a win-win situation allowing for the yacht owners to earn money while not using the vessel. Those monies can help considerably in paying for moorage, maintenance, updates and repairs.
There are some fundamental things to avoid when buying a second-hand yacht. Some are intuitive, some are not. Caution is always the name of the game related to sea-going vessels, but here are some particularly important potential hazards with used yachts:
NWE provides a safe haven for used yachts and provides buyers with the assurance of vessels that meet and exceed standards. Not only that, the yachts undergo the rigors of our extensive assessments and will not be acquired or sold without passing every single test.
Having the confidence that the used yacht you’re considering buying is neither falling apart nor about to, is immeasurable. And it means many happy cruising days ahead.
Count on the expertise at NWE and purchase a used yacht with certainty! Call us at 1-800-826-1430.