Searching for a cruising yacht can be a lot of fun, but the first thing you need to do is service your car as you will be covering a lot of miles, as you go from one marina to another.
So you are searching for a yacht so start by setting your budget. Once you have a budget for your boat, set aside at least 20-30% of your budget for upgrades, leaving you between 70-80% of your budget for your boat. Then write down your criteria. Ours was a 2,4,6 configuration which is two, to live, four to stay and six at a pinch, we also wanted lots of storage as we would be living on board. A boat that either one of us could single helm and lastly a bed that we could get out of on either side. We also wanted a boat that did not come with too many projects. We knew that there would be jobs to do but we didn’t want to stay too long in the yard. The other thing you are looking for is the love factor. It is the hardest quality to define, but at the end of the day, you really need to love your boat.
Start your search on-line, there are loads of great web sites our there and it is a great topic of conversation. If you are in the process of selling your yacht then do clean your boat before hand and take great pictures. There was a lot of yachts that I didn't even look at in real life because the boat looked untidy or the pictures were rubbish. Make sure that you select a lot of different yacht designs, you might want a centre cockpit like we did, but there are a lot of advantages to having an aft cockpit.
As well as your criteria, you should have a more detailed list of things to look at which we have detailed in in our blog Yacht buying check list. These allow you to access your yacht from an objective point of view and allow you to see how many days you will be working on the boat. You will also have a list of big ticket items that you can use in your negotiation process.
Starting the search
In starting the search we look at a Moody 35 up in Preston. The owners had, had a survey done on the yacht and all the faults like old standing rigging had been addressed which was useful. However we thought it was a little small for our needs.