Boat transactions usually involve large financial investments. Transactions today usually exceed $500,000, and in some instances can exceed $5,000,000. If you had a $500,000 income tax problem, would you attempt to handle it without the help of a CPA? If you had a $500,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be foolish to consider a deal in yacht brokerage without the professional assistance of a qualified Yacht Broker. But if you are still not convinced of the value of a Yacht Broker, here are a dozen or so more reasons to use one. When Buying A Boat Professional Yacht Brokers have resources available to them that most yacht buyers do not have. In particular their access to … [Read more...]
Why Purchase a Sea Ray Yacht?
So you are looking at purchasing a Sea Ray Yacht? Good choice. If you have spent any time around a marina I am sure you have seen more than a couple Sea Rays while you were there. As the largest manufacturer of fiberglass pleasure boats in the world, Sea Ray was, is and will continue to be the preferred boat of choice for someone looking for a cruising boat in the 18-61ft. size range. I am sure that you are wondering, as did I for some time, why Sea Ray is such a dominant name in the boating industry? Here are some reasons: Product Range Sea Ray offers a huge range of models that other manufacturers cannot even come close to. This allows boaters to grow within the Sea Ray brand over the years, not having to jump or move to another manufacturer for that next step up in … [Read more...]
Buying A Pre-Owned Yacht
In this article you will learn the steps involved when purchasing a Yacht available for sale as a brokered (pre-owned) boat. This is a basic guide and cannot act as a substitute for a trained and knowledgeable broker, but will give you an understanding of the process. Step 1. Finding the Right Type, Make and Model. There are a lot of different yacht models and types to choose from. I would start by thinking about what type of boating you imagine yourself doing and what type of layout would best suit your needs. This is where a knowledgeable broker can really help point you in the right direction, through experience he can give you real advice on what boat you could make the best use of. As a start, ask yourself these questions: What is your perfect day on the water? Will I be doing a … [Read more...]