My answer to Which yacht should I buy?
Answer by Desmond Last:
You should buy the Yacht you can sell again. Most people buy the Yacht they fall in love with. This does lead to some boat owners finding it difficult to sell their Yacht.
If you are asking the Question then it probably means you are a first-time buyer.
Buy well, sell well. Do not buy an orphan. Your first boat will not be your last.
Buy a Yacht that matches your expectation but also meets those of everybody else.
Buy your Yacht with your family and for your family not you.
Benchmark against the most popular seller.
Most used large Yachts are overpriced. You cannot include maintenance in the sale price and all the Electrical Equipment only makes it easier to sell not to obtain a higher price.
The Jewel of all Rules is never never buy without an out of water survey by a qualified Marine surveyor of your choice.
Tip: Keep a neat tidy record of all maintenance.
Tip: The Bigger the Boat the more important the condition. Sell your boat with a very recent survey and a clean Hull. It will payback double.
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