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What To Consider When Buying A Boat

<p style&equals;"text-align&colon; justify">If you’re thinking of taking to the ocean waves in your own boat&comma; then there’s a lot to look forward to&period; Who could resist the chance to sail wherever you like with the wind in your hair and sun sparkling on the sea&quest; However&comma; before investing a great deal of your hard earned cash in a boat&comma; you need to make sure the vessel you’re buying is in tip top condition&period; As old sea hands know&comma; a boat is sometimes known as a &OpenCurlyQuote;hole in the water into which you throw money&period;’ So follow this guide to boat buying&comma; and you’ll be sailing into the sunset in an ocean worthy vessel before you can say &OpenCurlyQuote;ahoy there&period;’<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Where to Buy<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">Buying a yacht is most commonly done through yacht brokers&comma; who work on your behalf to find the perfect boat&period; Similar to estate agents&comma; broker’s have the experience and knowledge of the market to know what are fair prices&comma; and what boat will be best for you&period; Brokers are normally paid a commission by the seller&comma; though their duty is to the buyer and seller&comma; and so they will find you a boat&comma; check all the paperwork &comma; attend a sea trial and marine survey to advise&comma; and act as an intermediary in negotiations to buy&period; It’s always advisable to use a broker such as http&colon;&sol;&sol;www&period;ancasta&period;com&sol; whose 32 years of experience will help you find the boat that’s right for you&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">If you’re not using a yacht broker&comma; and are buying a boat through a private sale&comma; then you need to make sure you follow through these points below&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Marine Survey<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">An important element of the buying process is commissioning a marine survey to help you assess the condition of a boat&comma; most especially if it’s used&period; A marine survey will help establish the condition and sea worthiness of the boat&period; Yacht’s can deteriorate fast when not looked after&comma; so avoid that sinking feeling and use a marine surveyor to check over any boat you’re seriously considering buying&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Viewing and Trialling Boats<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">It goes without saying that you should always visit a boat you’re buying&comma; but the acid test is to take it on a sea trial&period; Most disenchanted boat owners have simply bought the wrong boat for them&comma; so it’s always important to get a feel for it out on the water&period; You also need to ask yourself what you will be using the boat for&comma; who will be using it&comma; when you’ll be using it&comma; and where you intend to take it&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Budget<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">When you own a boat&comma; you need to factor in a lot more than just the initial cost of the vessel&period; Ongoing costs can stack up fast&period; Insurance&comma; fuel&comma; mooring and dockage&comma; maintenance and repairs must all be considered&period; To find the money for the actual cost of the boat&comma; then you can opt for a marine mortgage&comma; or an ordinary boat finance bank loan&period; Just make sure you have carefully worked out all costs before you buy&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">Wendy Lin is a freelance writer who specialises in guest blogging&period; She is also passionate about business finance and enjoys spending time on the water in their family boat&period;<&sol;p>&NewLine;

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