| Yacht Financing | |||
Buying yacht is probably one of the biggest financial decisions you may make after buying a house and possibly a car (depending on your relative preference for cars and boats). Before even considering buying a yacht and looking how to put yacht financing in place you need to be clear on what exactly it is after. Possible options include: Day Sailer – this could be anything from an 18 foot open boat up to a 30 foot yacht – ideal for estuary work or short coastal hopping – day sailing boats are typified by having little accommodation on board and being capable of sailed by one person on their own. Classic boats in this field might include a Drascombe Lugger and carry a small outboard. What you will find is that this end of the market is certainly an entry point to the world of yachting and will make yacht financing cheaper and easier before heading to the more expensive ends of the yachting world. Cruising Yacht – up from the entry level type of yachts, this becomes a more serious type of investment and one where you are likely to need some more serious investment and yacht financing. Classic examples of yachts in this range are 28 through to 45 foot yachts – some of the more well known names include Moody Yachts, Beneteau, Bavaria’s and Hallberg Rasseys. This is likely to require specialist Marine Financing and advice to get the correct finance package for you. Racing Yacht – ok the serious money for yacht financing – well it is if you are aiming for the Volvo 70 end of the market, although there are easier ways to get involved in Racing Yachts if this is your passion – certainly there are owners out there who are desperate for high quality crew to race their finely honed machines – all without you having to go to the expense of putting in place Yacht Financing yourself. If you do want go it alone in this area, the best bet is to speak to a Financial Advisor who can guide you to find the best Marine Mortgage which works for you. Yacht Financing – Finance Providers
Yacht Financing |