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Which yacht should I buy?

Discussion in 'General Yachting Discussion' started by jtommy186, Aug 19, 2012.

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  1. jtommy186

    jtommy186 New Member

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    I am looking to spend a (1-2 million) on a yacht. I am planning on using it with my wife for week long trips, and occasionally friends and family.

    Is I true that smaller yachts are easier to maintain. I (personally) can afford a $15 million yacht, but would you recommend a big yacht for my needs of weeklong travel and occasional family trips?

    I would love any flybridge or trideck yacht. Which brand or model would be the best. I am looking to buy new. What size would you guys recommend? Also, at what size do yachts have jacuzzis on deck (would like one)?

    I am sort of new to this whole thing, but I recently retired and want to start living life!

    Also, what size do I need a crew. Could I manage the yacht on my own, (hiring help as needed for cleaning and maintenance).

    So,

    What size yacht?
    What brand?
    Crew or not?
    Jacuzzi?

    Also, mega yacht (15million range) vs yacht (1-2 or 3 million range). Or any thing between?

    Thanks.
  2. YachtForums

    YachtForums Administrator

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    In your bio, you state that you've owned three mid-size yachts ranging from Meridians to Sea Rays, yet you posted that you're new to all this? How can you have owned these boats without knowing enough to offer even the most remote parameters in search of suggestions? None of this makes sense. I suggest you use the search function on YF to better educate yourself before posing such wide ranging questions.
  3. jtommy186

    jtommy186 New Member

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    Yes. After investment banking, I started a private equity firm. My partner at the time had his own equity company which owned a boat charter company. I had bought three boats from them (with the hopes of using them) since they were going under.

    At the time, I had no need and sold the boats immediately. So yes, I have owned the boats, but never used them and I am new to this stuff.
  4. YachtForums

    YachtForums Administrator

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    Fair enough. Welcome to YachtForums. There are nearly 140,000 of the most informed posts in yachting on YF. If you take the time to read through threads of interest, you will find our members MOST helpful when they are presented with direct questions based on a specific criteria.
  5. Capt J

    Capt J Senior Member

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    I would recommend charting both megayachts as well as yachts in the lower price range so that you can have an idea as to which size best suits your needs. Your questions are far too vague as to provide any sort of sensible suggestions.

    Things to think about. How far do you want to be able to travel without refueling and reprovisioning. What speed is important to you. How many guests do you forsee, and for how long of a duration on the yacht, the jacuzzi tends to push you to 100'+ MY or a smaller expedition yacht such as a 76' Northern Marine, and don't think you're going to use it while underway unless it's as flat as a lake due to stability issues. Crew, how many do you need? Do you prefer a chef and a stewardess, or prefer to do those things on your own.
  6. Pascal

    Pascal Senior Member

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    Costs aside a case can be made in favor of a smaller boat (60 to 80') vs 100+

    For instance, the smaller boat will let you get to more marinas and anchorages or anchor closer to shore than 100 footer

    I think there are a number of more important features than a jacuzzi like being able to store a larger tender (more comfortables rides to shore for you and your guests), better handling and sea keeping when the going get rough and more redundancy in the systems.

    As to crew if you prefer a more formal level of service, a 100/120+ will make it possible with more crew accommodation and privacy. On the other hand if you like doing thing yourself, then a 70/75 with a captain only may suit your needs

    Overall for comfort and redundancy I d say don't look under 65/70

    As capt J suggested, start by chartering to see what you prefer.
  7. Rene GER

    Rene GER Senior Member

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    A Jacuzzi is possible on 88 feet yachts. Saw it on a yacht from a dutch builder.

    It must be possible to add on a jacuzzi to many yachts and sizes. But you have to talk to a yacht agency which consult and the shipyard.

    Do you prefer a "stylish" design or a conservative design? Do you would like a fast yacht or long range?
  8. brian eiland

    brian eiland Senior Member

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  9. ttkrule

    ttkrule Member

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    Don't know if it's allright to post this.

    One boat that you won't find discussed here and might fit is this sleek, Vripak designed (Holland) and Italian built semi displacement from Gamma Yachts.
    Steel hull. Fully customizable layouts.
    I think it's a quality build and good value. 20 meters (€2.8m) or 24 meters length.

    This is the 20m (72')

    Attached Files:

  10. YachtForums

    YachtForums Administrator

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    Between Lars, Kevin and myself, we try to quantify new posters so the valuable time of our members isn't wasted. Everyone please hold off on responding this thread. The math isn't adding up.
  11. discokachina

    discokachina Senior Member

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    Since the gentleman lives in Fort Lauderdale he would get more good hands on information faster by going to Pier 66 Marina and Bahia Mar Marina and dropping in on the yacht brokers and dealers located there.

    He will be able to see several boats of several sizes both new and used right on the spot to help him begin to narrow things down to the point where forum folks can advise on more specific questions.
  12. jtommy186

    jtommy186 New Member

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    For those of you that gave helpful info, thanks! I am pretty disgusted however by the way I am being treated. I'll review again.

    I have owned yachts in the past for business purposes. Heck I never went on them.

    I just want to know the pros and cons of mega yachts vs 60 foot yachts.

    And which yacht maker is the best. Azimut, meridian, sunseeker, marquis, lazzara, sea ray. They all look cool, but what about quality.

    Also, would I need a crew for a 60 foot yacht. And lastly, if I want to spend 1-3 million, what size range should I be looking at. Should I put extra money towards a 150 foot mega yacht? What are the benefits?

    Thanks.
  13. Capt J

    Capt J Senior Member

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    Pascal pointed out the benefits of both pretty well. If you're looking for quality, Add Hatteras and Neptunus to that list and Hatteras' 72' MY is a homerun for it's size, the 60' or 64' is nice as well. Remove Meridian, Azimut and Marquis from the list IMO. Azimut being a step better than the latter two.
  14. Pascal

    Pascal Senior Member

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    If you ve never run a 40 to 60 footer before, yes you will definitely need a captain on a 60 footer, at least for a few months or whatever time period your insurance require. With experience, a 60 footer can be run by a couple

    Asking about the pros and cons Of a "Megayacht" vs a 60 footer is like asking about the pros and cons on a Ferrari vs a camaro... Pretty obvious i think. As i said in my previous reply, 100+ means better handling and comfort when things get rough, more room, bigger tender, better system and redundancy but you loose access to many areas and marinas. 70/80' is a good compromise...
  15. jtommy186

    jtommy186 New Member

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    Thanks. The hatteras look cool and good quality. So, I am probably leaning towards 60-90 ft range because, that should be big enough.

    What about sunseeker or princess? Or even the sea ray 58 sedan. Or lazzara 79?

    Thanks!

    Also, can you use those 60-90 yachts for everyday boating as well? Or is a lot of planning required before you take it out?
  16. Telemachus

    Telemachus Senior Member

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    Since I'm fairly new and possess none of the vast experience that most of the posters here possess, perhaps I can suggest an approach more concomitant with your experience as you undertake the process of educating yourself. Whenever I see a shiny, new yacht, I Google it with terms like, "Ocean Alexander quality issues" and I read as much as I can about that subject. Granted, you have to be careful; there are many people with axes to grind (you've read enough of these forum posts to see that, right?), but if there's a preponderance of bad reviews, you'll probably want to take that under consideration. I don't know much about yachts yet, nor have I yet purchased one, but I am working towards that goal and there are, I think, a few things I have learned:

    1. Study/consider yachts in the engine rooms and hulls first. These are the means by which your yacht operates and keeps you safe while under way.

    2. A pretty yacht is easy to make, a sound yacht is trickier.

    3. Don't buy the first hull of a new series.

    4. Think of how you'll use the thing and then build (or search) around that lifestyle. You may tell yourself you want a huge galley, but if you're only using the boat for weekends, or you tend to use it as a floating hotel and then run ashore to dine, do you really need a six-burner stove and a walk-in?

    5. Like so many have said, charter the type(s) of boats you like and see if it's a fit. Do you want something with a large crew (and attendant expense) to wait on you, or do you want to operate something with just you and your wife and perhaps a couple of guests/kids?

    6. Where will you be taking this boat? Is this just going to be a coast hugger for the Northeast or Florida? Or, do you want to be adventurous and undertake a more challenging voyage? (My research suggests Flemings are a good fit for this type of boating.

    7. Be cautious in calculating costs. Many have suggested budgeting 10% of the purchase price EACH YEAR for the maintenance of these boats. Are you up to that kind of financial commitment?

    8. I would heartily suggest you try to purchase the boat without financing. First, it's hard to get a loan for such an expensive luxury item, which is probably going to depreciate considerably; do you want to eat that cost along with the cost of financing?

    There are many other considerations, but as I've said, I'm a neophyte myself. I'd get myself acquainted with nautical terminology and read, read, read.

    Just my two cents' worth of wisdom.
  17. YachtForums

    YachtForums Administrator

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    Telemachus, you just got bumped to senior status. Great post!
  18. Pascal

    Pascal Senior Member

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    (I ll play along if for no other reasons that others may find some of the replies valuable)

    First a 90 footer is 50% bigger than a 60 so we re talking a wide range here

    Personally i don't find that taking a 70 footer is more work than a 50 or 40 footer. All will have more or less the same number if lines to unhook, a genset to start and transfer, and usually just one more shore power cord on the bigger boat.

    How much hassle it is to take the boat out for a short spin is all about how you have it rigged and set up.

    A while back I timed myself and found that from the moment I open the ER door for the preflight to the time the stern clears the slip, no more than 10' goes by whether on my own boat of the 70 footer I run. But again the lines, cords, are rigged for minimal effort.

    Now obviously with a bigger boat (90+) it will be more work but you will have a crew (capt and mate) to do the work, so it becomes a non issue.

    Now I ve seem smaller boats (under 50) when leaving the dock becomes a major undertaking with poorly set up lines and fenders, water hook ups and cable tv plugs that require a wrench, clumsy boarding stairs, etc

    So again, it s not black or white but shades of grey.
  19. Capt J

    Capt J Senior Member

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    This is true to a large aspect, but it's a lot more work. I've found is when you get over 70', the 100 amp shorepower cords are HEAVY compared to a 50 amp, even with a cablemaster, the marquipt is larger and HEAVY, the lines and fenders become too large, heavy and bulky for most people's wives to comfortably be able to handle. Also, restaurants get REAL hard to get into if you like taking it out on a Saturday and plan on stopping at a restaurant on the ICW somewhere haphazardly.....

    To the OP, you really need to narrow down what type of cruising interests you first, what size you really need, what ammenities, etc etc...... The difference between cruising in a 65' and a '90 are two completely different worlds.....the 72' Hatteras feels like a '90 (it's huge and very nicely laid out), has all of the ammenities, yet can get in just about every place you'd want to get into......You could get away with someone managing a 70' or a full time captain, a '90 you're going to have a minimum of 2 fulltime crew and 3 when traveling.

    58' Searay's are a good boat for an average price, for the average user, for an average sea state. I've run 2 of them, 1 from Ft. Myers to Ft. Laud, and the other from Boca to Conneticut. Lazzara's have a nice layout and are nicely finished, they're a well built/engineered boat for their size, but more of a fair weather yacht for their size......Sunseekers are built ok, and run fairly well but have some of the same annoying nuances of the Italian boats. I run/manage a 62' Predator right now......
  20. Telemachus

    Telemachus Senior Member

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    Carl: Wow, thanks! I'm truly moved and grateful. I'll do my best to be worthy of this.

    Pascal: Would there be 50 shades? Sorry, couldn't help myself. I hope Carl doesn't reconsider.

    I do have legitimate question, though: the difference in terms of length between 60 and 90 feet is 50%, but in most cases, isn't the change in volume greater with a traditional design?

    Thanks for the info.