Boats are not typically money-making investments. They are not an appreciating asset and that was not the reason you bought it in the first place. Boats help create experiences and experiences can cost money. I have never heard anyone bemoaning the fact that they went on an amazing vacation but could not sell it laterContinue reading “How Much Can I Sell That Vacation For?”
Tag Archives: buying a used boat tips
Take a Mini-Vacation
I will start on the well-worn path of “the end is nigh” or the more positive “seize the day”. We have all been told we need to cast off (pun intended) and follow our dreams because we never know when…well, you know. There is some truth to this. I regularly get calls to help sellContinue reading “Take a Mini-Vacation”
Take Care of It Like You Will Own It Forever
We discussed in a past blog (February 21, 2024) that it canbe helpful to decide on how long you may want to own a boat. Regardless ofwhich timeframe you decided on, you need to care for the boat like you aregoing to own it forever and pass it down to someone you don’t hate. AContinue reading “Take Care of It Like You Will Own It Forever”
Fish or Cut Bait
I get it-pulling the trigger on a boat purchase is hard to do. It is a big commitment of time, money, and your effort (see Feb blog). You are looking for that perfect boat, that fits all of your needs 100% of the time-unfortunately, that boat does not exist. We must live with some trade-offsContinue reading “Fish or Cut Bait”
Choosing a Yacht Broker
As a yacht broker, 99.9% of the time I receive a call it is about a specific boat. Rarely am I asked about my qualifications to help someone purchase a boat. Most people fall under what I call the “car-lot” purchasing model. You see the car on the internet, you go to the lot, findContinue reading “Choosing a Yacht Broker”
It is not forever, boating lifestyle vs. short term experience.
In our January blog, we discussed that making a large purchase, such as a boat, is primarily an emotional decision. But now that you have made that decision, you need to move on to the less fun, mundane things. The question of how long you intend to own a boat is a great next step.Continue reading “It is not forever, boating lifestyle vs. short term experience.”
Boats-Drop the Logic!
Buying decisions are emotional decisions – full stop. We think we are making a cold, logical calculation, but that is only after we have already made an emotional decision and need to back it up with facts. Without facts, we risk our friends and family thinking we are crazy. I am not referring to theContinue reading “Boats-Drop the Logic!”
Buying a Boat Sight Unseen?
Buying a boat sight unseen is a bit like looking through the fog for your destination. You can’t really see anything until you get there. Once we had made the hard decision to end our relationship with Jonta and confirmed that the Grand Banks 32 was the model we wanted, it was time to buckleContinue reading “Buying a Boat Sight Unseen?”
Todd Powell Boats 