So You Want To Buy a Yacht

It could be that your ship just came in (no pun intended… really), or you may have been yachting in Newport Beach for years and just haven’t gotten around to looking. Or, it might be that yachting is a newfound passion. Either way, yacht ownership is a big step, and not just in terms of money. 

Looking to purchase a yacht in the Newport Beach area? You’ve come to the right place, as they say. The market for yacht brokerage in Newport Beach offers you a wide range of choices, and Ullman Yacht Sales is a stop you owe it to yourself to make. While we’re relatively new to yacht sales in Newport Beach, we’re part of long, rich history in sailing and we’ve brought the same excellence to yacht brokering.

A yacht is often seen as the pinnacle of success, and many a yacht owner will admit that nothing compares to the pride of owning their own yacht. Before you make that investment however, it’s important to understand all available options open to you regarding yacht ownership.

There are also many decisions you’ll be making along the way. Chief among these might be: Motored or sailing? Monohull or catamaran? Where will your yacht be moored? Purchase, charter or fractional ownership? 

Here, we’ll address the latter, since this is where prospective yacht owners often have the most questions.

Purchasing a Yacht

If you decide to purchase from a yacht broker, you’ll have full access to your own private vessel on your own terms. Every detail of your yacht—the color, artwork, sunbed cushions, artwork and the towels in the heads—is your call. Anything you need to store aboard temporarily or otherwise is open to you. 

Let’s say you decide to go big. Having a dedicated crew means that your staff will quickly learn what you like and don’t like. From the moment you come aboard, everything is as you want it—from the music to the menu to the drinks being served.

However it comes about for you, this will mark a special moment in your life. Having the freedom to travel to parts accessible only by boat and having the option to drop anchor and stay there as long as you wish is one of the coveted freedoms of yachting.

Purchasing a yacht outright does involve substantial financial outlay, and all of the responsibility for management and maintenance will be yours—but so will your yacht! 

Purchasing Myths and Misconceptions

Of course, there are a few myths and misconceptions surrounding yacht ownership to which many first time luxury yacht owners fall prey. For example, some first-timers wonder if they really need a captain or crew. In a lot of these cases, it’s a buyer moving up to a luxury yacht after captaining smaller craft on their own. The truth here is that your skipper—assuming he or she is experienced—can help you take advantage of all the things you bought your yacht for to start with. They’ll know the best ports of call outside of Newport Beach, and may have contacts if you are interested in chartering your boat. Most importantly, with someone else at the helm, you can actually enjoy your time at sea with your friends and family.

Another misconception prospective yacht owners often have is that the maintenance and upkeep will be far too expensive. Well, if you’re considering purchasing a luxury yacht in Newport Beach, you may be surprised to learn that you’re already in the ballpark of being able to swing it. The operations and maintenance of a large yacht can be expensive if you try to do everything on your own. However, there are brokers and companies that offer complete yacht management programs on a contractual basis. It’s what they do, and they can handle your operational needs while actually saving you money.