A Denison yacht dealer in Miami, FL likely hears a large number of questions from prospective buyers. The following three are vital questions to ask, whether you’re purchasing your first yacht or have worked through the process any number of times.
How Much Will the Yacht’s Value Depreciate Each Year?
Similar to buying a new car, when you purchase a yacht from the Denison yacht dealer, Allied Marine, it will depreciate the most during its first year. You can expect it to depreciate about 10 percent in value during the first year and between six and eight percent over the next four to five subsequent years. After that, the depreciation of the vessel will level off and drop only a few percentage points each year. Of course, purchasing used yachts doesn’t take such a hit from depreciation.
What Can I Expect in Terms of Operating Costs?
The best estimate experts offer on maintenance costs you purchase from a Denison yacht dealer in Miami, FL is about 10 percent of the initial price tag. This is based on the yearly operations. Vessel owners should consider the cost of a crew, food, title registration, fuel, insurance, docking fees and general repair and maintenance.
How Much Does a Crew Cost on Average?
An average-size vessel will require a captain, a deckhand, a mate, chief stewardess and a chef at a minimum. If you purchase a larger vessel from a Denison yacht dealer in Miami, FL, you may need additional staff such as a purser, engineer and interior manager. The going rates can vary and the number of crew members depend on the size of the vessel.
Ready to make the purchase of a new yacht official? Visit the Allied Marine website to talk with a reputable Denison yacht dealer in Miami, FL today.
Visit our Facebook profile for more information.
