Welcome to Luxury Lifestyle Channel, things to consider when buying a luxury yacht, whether you are planning on buying a yacht for the first time, where are a well-seasoned sea dog there are a number of basic considerations to take into account. Many factors will be personal to your own circumstances and experience, while some will be useful for every prospective purchaser. The following is not a comprehensive list, but these factors should be considered by anyone setting out a set sail. One, chatty bunch, these sailors, the sailing fraternity are a friendly mountain that's worth talking to a few of them before making a decision. The internet is full of forms where you can get opinions on specific models of yacht, set yourself up from the profile on the both real forums and say that you are thinking of buying yachts and ask for opinions. In most cases, the responses will be genuine and they'll prove more useful than all of the sales speak you'll ever hear. You can only want only buying new hazards upside to new hazards, new hazards, new designs may well be off of the drawing board and have passed their sea trials admirably. However, as any sailor will tell you, boats are living things that grow in mature, sometimes things fall off after a little while, especially when the boat is a very new design. If you are intent on buying a newly designed model, don't be the first to do so, let the first batch of purchasers send this stuff that falls off back to the manufacturer and wait until the design has been modified to the point where it really does work. With yachts especially there's a strong element of trial and error when it comes to design. 3. Demonstrations. Trying before a ubiism must when it comes to yachts. You'll ideally want to see the boat in a range of conditions to get a feel for how it handles. Any yacht can look good in gentle season, moderate winds. How does it handle in rough seas or like winds? In addition, how well do you handle yacht? If you are changing model from basic to high spec, there may be a learning curve to go through. See how the yacht handles for the current owner and under your own hand. 4. Modify your expectations. This may be a little simplistic but don't just go by the reviews and your favorite sailing publication. Yes, the yacht in question may be perfect for racing but what about day sailing? It's rare to find a model that is ideal all times of sailing. It may be ideal for round and world solo sailing but does it fit easily on the trailer for a week and the late's. Buying a yacht needs to be a careful balance between finding the best model and the best model for you. So trying to find reviews that reflect your own sailing lifestyle and not somebody else's. 5. Fifth of purpose. Size matters when it comes to all things notable and when it comes to storage issues it's certainly a consideration. The size of yacht will be determined partly by your fun, your ambitions. Your needs and of course, where exactly you're going to put it. This applies to both insure and offshore yachting and is not just a case of calculating the mooring of beans. But may involve where the boat will be stored during the winter. If it's on your own property or need to be sure there's a base but if you are renting winter storage the size of your shiny new craft will have an impact on cost. Consider this as part of the buying process and if necessary hunt around for storage solutions that are better priced than your opinion now. 6. Off season purchases. Yacht prices are high when demand is high. A basic rule on any transaction. In the UK everyone see here detaches to the water as spring comes round and demand you leave. An early spring reflects this. Consider buying out of season or rather right in the middle of the sailing season. Demand will be lower at this time and there may be circumstances in play on the part of the seller that require a quick, cheaper, sale. Whether it's an upgrade or a first time purchase, buying a yacht should be taken seriously. Finding the right boat for your needs. Considering the additional costs including yacht insurance and mooring or storage fees should all be considered during the process. Simon blogs about life's Thailand luxury. Covering everything from high value yacht insurance to luxury gifts for the home when he's not on life's I'm an enjoys psyche. Running and shouting at the TV.