The decision to buy a luxury yacht should not be looked at as a financial decision, but a lifestyle choice. Owning a yacht, and spending a lot of time on it, should be something you really want to do. Keep in mind that you can expect to spend at least 10% of the cost of your boat on upkeep and maintenance every year. However, we are often still asked about the investment potential of buying a motor yacht.
Unlike automobiles and more conventional boats, a luxury motor yacht does not necessarily automatically depreciate in value. Some manufacturers and models are more in demand than others due to the known quality of the brand, and the reputation of the designer and/or marine architect. A skilled yacht broker can advise you if you are looking to purchase a yacht more likely to hold its value at resale.