When it comes to yacht ownership, there has been a great debate raging over the last decade or more and it goes something like this, “what’s better to buy, a new or used one?” In fact that debate has raged in lots of different areas, whether it is cars, motorbikes, luxury musical instruments or even, in some cases, property. The idea that one is better than the other carries with it their own personal preferences and risks.
Of course, there is no certain answer and instead the question we need to be asking is actually, what are the pros and cons of being new/used?
Whether you are going after a new or used yacht, research is always key. Companies such as Princess Yachts who deal in both the new and used market can take you through all of the pros and cons and it’s always a good option to consult industry experts be it on the web or at the myriad of boat shows that take place all year round.
For those doing some research today, let’s take a look at some of the pros and cons of both markets.
It is commonly thought that buying a new yacht is going to be the best way to avoid heartache. As with everything new, you are getting it straight from the factory and into your possession, but with that there comes some caveats.
- You get a selection of the newest designs and latest materials.
- Less maintenance costs for the first five years.
- Mechanical and electrical systems are up to date and generally without (or with considerably less) fault.
- You have warranties for the first 2 – 5 years.
- You choose the yacht, and extras the way you want.
- A new yacht losses the majority of its value in the first three years.
- You may not find what you were looking for.
- There could be more problems with systems and electronics if they are new to market and don’t have fixes.
- Cost more initially.
The used yacht market has grown considerably over the last decade, but with that there is an unfair preconception that buying used means you are getting cast offs, as we will see, that’s not necessarily the case and as per the new yacht market, there are things you need to consider when making your purchase.
- Less money for a bigger boat! The previous owners have depreciated it in value so you get more value for larger yachts in particular.
- Bigger choice of boats as you will have a wider selection to choose from.
- Less depreciation after the fifth year.
- You can inherit the issues of the previous owner
- You need to be weary of boat maintenance costs which, for used yachts can be considerably higher than new.
- You will need a full and comprehensive survey before purchase to ensure everything is at is seems.
- Unlike homes, you can rarely fix yachts yourself unless you are grossly qualified to do it. Don’t fall for a bargain, know that it will take a lot of work!
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Travel can be one of the most stressful parts of life, but also one of the most rewarding. Being prepared and knowing what to expect on the road, at sea or in the air is essential to having a good trip. But it requires effective travel tips for a better result. Especially if you want to go backpacking with your friends. That’s why, read on to discover some knowledge that you can use to make good memories away from home.
Bring A/V Cable for Your Laptop
Bring your own A/V cable for your laptop becomes the number one of effective travel tips. Most hotel rooms at nicer hotels offer free in-room WiFi and a large HDTV, but will then charge a premium for in-room movies. Having your own A/V cable gives you access to your own selection of downloaded movies or an online account.
Make Effort to Learn Native Language
Learning native language of the destination we will visit is necessary. It’s because not all people in that area understand English. According to this case, you should learn some words in Native Language. Even though you can understand lots of words but it’s already helpful. Therefore, you can make effort to learn through social media or video platform like YouTube. No need to take a language course because it will spend more money. You can bring online dictionary on your phone and it will be enough.
Try New Experience by Using Motorcycle
If you have a motorcycle license, consider using a motorcycle for your next trip. Gas efficiency along with the means to move quickly and the enjoyment experiences makes this a great way to start a trip on the right foot. This can be fun to experience the wind in your hair. This is the number three of effective travel tips to follow.
Purchasing an Annual Multi-Trip Travel Insurance Policy
If you travel a lot then you could save money by purchasing an annual multi-trip travel insurance policy. Buying travel insurance for every single trip you take can be expensive and take up a lot of time. If you take more than 5 trips per year, consider investing in an annual travel insurance policy to save both time and money.
More to Bring
If you enjoy backpacking on your travels, there are a few packing tips that can make your adventures much easier. Try packing lighter items towards the bottom of the bag so that it feel lighter as it rests on your back. It is also smart to pack commonly used items at the top of the bag so they can be easily reached. To lighten the load make sure you only pack the essentials you will need for the duration of the trip. And be sure to have a properly fitted backpack to prevent strain or injury.
Ninety percent of any good trip is preparation and knowledge. Having read this article, hopefully, you are now full of ideas on getting ready for and surviving your next adventure away from home. Apply what you have learned and you are sure to come home with good memories of visited destinations.…