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1 Honey – Let’s Buy a Boat Tips for First Time Trawler and Motor Yacht Buyers

Tips for first time trawler and motor yacht buyers

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This presentation offers potential trawler and motor yacht buyers tips on whether to proceed or not with a large purchase.

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Page 1: Tips for first time trawler and motor yacht buyers

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Honey – Let’s Buy a Boat

Tips for First TimeTrawler and Motor Yacht Buyers

Page 2: Tips for first time trawler and motor yacht buyers

• Thank you for stopping by to visit with us

• This presentation provides you with tips on buying that first big boat

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This is our trawler, the Patricia Ann

Page 3: Tips for first time trawler and motor yacht buyers

Before You Begin….• Before you invest in a boat, go out on a few

trips with friends to see if you like it• Or you might wish to charter a boat• See if you really enjoy the pastime or it just a

wild idea you have• Don’t forget your wife/husband

– Will she/he enjoy boating as much as you will?– If not, you will be one unhappy camper

• What do you really know about boats; how experienced are you with operating them?

Page 4: Tips for first time trawler and motor yacht buyers

Boating Popularity

• Almost a quarter of Americans, 23.8% went boating last year

• 17% of US households own one or more boats

• So…welcome aboard…come join the fun

Page 5: Tips for first time trawler and motor yacht buyers

Boats Cost Money

• The purchase price is only the down payment• There are costs associated with ownership

– Maintenance– Dockage– Insurance– Fuel– Ships mortgage– Use taxes

Page 6: Tips for first time trawler and motor yacht buyers

What Are You Going to Do With a Boat

• Are you prepared to invest the time using the boat to justify the expenses

• When will you be using the boat; just an occasional weekend or extended cruising

• Where will you be boating; local small lake, coastal, the Bahamas or crossing the Atlantic

Page 7: Tips for first time trawler and motor yacht buyers

Do Some Planning• Do some research to determine what trawler

and motor yacht style best fits your needs• Visit local boat owners to get an idea of what

is available• Hang out at marinas to observe what you like• Ask lots of questions from owners to

understand the basics

Page 8: Tips for first time trawler and motor yacht buyers

Buy Used Over New

• There are some 50,000 used boats are available through yacht brokers; see our trawlers and motor yachts for sale at our website

• Of course, if you do not see one that interests you, we can find you one through our MLS

• Used boat have already been depreciated• New boats are VERY expensive

Page 9: Tips for first time trawler and motor yacht buyers

Select a Buyer’s Broker• Select a yacht buyer’s broker that has

preferably owns a yacht; it proves he does know something about boats

• Performs an international search for desired boats saving you time and money

• Broker will guide you through the process• Choose a broker that offers a Trawler /

Motor Yacht School• Best boat, best price