What to Know When Buying a Westport

5 Steps to Securing a Deal on Your Westport Yacht

If you're considering purchasing a new or used Westport yacht, there's a simple 5 step formula you must follow to assure that you buy the best yacht at the best price.

 

1) REQUEST RECENT SALES DATA

Every yacht sold, regardless of the make, model, size, year, location or price point of the vessel, is recorded in a yachting MLS, accessible only to yacht sales professionals.

It's common practice for yacht sales professionals to add up to 30% - 50% above the most recent sale to the listing price, to create the illusion of a 'good deal' for an uninformed and unrepresented buyer. 

Therefore, if you negotiate directly with the sales professional, this information may get omitted.

It takes 2 minutes to get this information, by filling out the following form:

 

2) VISIT THE WESTPORT

This seems like a no brainer but seeing the Westport will certainly validate that this is the purchase and fit that works for you. Whether it's at a boat show, a scheduled appointment or on a charter, a physical visit to the vessel will validate that it is the right yacht to purchase.

 

3) CONSIDER ALTERNATIVES

Browse the market and have your broker check off-market listings. 

For new and used Westport yachts, check here:

Yacht Hunter Recommendations: 

  1. M/Y Endeavour - 2014 Westport Westport 40m

  2. M/Y Horizon - 2006 Westport Motoryacht

  3. M/Y Desperado - 2005 Westport Power

 

4) REQUEST A YACHTLYTICS YACHT PURCHASING REPORT

Like an analyst recommending an investor to buy, sell, or hold a stock, the same due diligence and unbiased professional opinion is becoming more necessary to make the right purchasing decision.

Created by The Yacht Hunter, a Yachtlytics Yacht Purchasing Report examines market conditions, historical sales information, operational costs, charter potential and a number of other factors to produce actionable insights through a series of graphs, charts and tables to assure that yacht purchasers consistently buy the best yacht at the best price. 

Request your Free Yachtlytics Report here

 

5) APPOINT AN ADVISING BROKER (NO COST TO BUYERS)

The broker or sales professional that is selling the Westport is doing exactly that; most buyers treat buying a yacht like buying a car but it's more like buying real estate; the broker you hire to represent you is set on assuring you buy the right yacht, not the one that makes them a higher commission or conveniences their sellers. 

This can always be done at no cost to a buyer as these representatives will be compensated through a split of the commission being paid by the seller. On top of guiding your negotiation, your broker will assist you through registration, crew placement, insurance and a number of other obligations.

Contact: Christopher 'The Yacht Hunter' Mortimer

Email: cm@theyachthunter.com

Mobile: +1 (631) 896 - 7778

 

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