5 Essential Deciding Factors for Buying a Ship

If you are first time buyer for ships and looking for points that must be covered while buying a ship, then you are at the right place. Ships are not something which can be just bought from the market without putting any mind to it. They are costly and need to be fully verified before finalizing any further.

Here are the 5 factors that will come in handy while you seal the deal with your ship broker or agent. Just keep in mind to do a little homework so that you are well aware with what you will be facing in the market.

Why Do You Need It?

Just ask this quick question to yourself that is it really necessary for you to buy a ship or you can do without it. There may be a lot of reasons for you to buy a ship and they all must be addressed fully before getting on the task to selecting one for yourself. If you are a first time owner or buyer, then you need to extra cautious for making a profitable deal. Evaluate every single aspect in advance.

How Big You Want It?

The size of the ship will depend on the purpose that you are going to fulfill by using it. Although ships are always big in size but still there are certain vessels which come in smaller size and low price. If they suit you, then try for those only. Evaluate and analyze all the features that you want the vessel to have and the demands of your work type. The ships in big size will demand more maintenance and will also come for a much higher price.

Buy A New Or Used One?

This thing will largely depend on your budget because the ships are costly and new one will probably dig a deeper hole in your pocket. Just make sure to check your budget and then sort out all the models that fit into the range. Evaluate the pros and cons of buying a new and used ship. A used ship can be profitable for you because they come with a lower price tag and can be easily customized to suit your purpose. You can find all types of used ships for sale on the internet.

Drive It Around!

After selecting all the models from the list, contact the owners and ask for a test run. Take an expert with you for inspection so that you know every single detail that will matter in deciding the price of that vessel. You can look at all the features by yourself but knowing the technical details would be difficult. This is the point where an expert would come in handy.

Make The Final Purchase!

So you are done with all the steps and finally got down to buying the ship. You must check for all the past records of that model and how many owners have existed for the selected model. Take a quick look of the extra details and consult with an expert. Finally, compare the price on other sites and make sure that you are getting the most profitable deal from where you are buying. Whether you are buying a passenger ship or supply vessels for sale, prepare all the documents in advance so that no problem arises in the future.

So you are ready now for buying a ship for yourself. Go out and browse the listings and keep in mind all the above points for ensuring safe and profitable deal.

3 Essential Rules for Ensuring a Profitable Boat Deal

Enjoying a day of fishing at the lake near your home can be termed as the most relaxed weekend. Who will not like the serenity of water, birds chirping around and calm breeze flowing through your hair?

If you are planning on such a weekend, then buying fishing boat will have to be your first priority because it is the most important thing that will make your weekend a success. Why don’t you start looking online fish boats for sale and get a profitable deal without spending many hours and wasting a lot of money.

Here are 3 essential rules that will surely help you in making that perfect deal for buying a boat:

# 1. Repossessed Boats: They are new and pretty cheap because they are no longer first-hand buy. People often lose out on their boats for various reasons and the banks providing loan for it repossess the boat with them and auction it later to recover the cost. You can search for all these boats on internet or in newspaper ads and then plan accordingly to participate in the auction. The maintenance cost and storage rates are high, so banks try to get rid of such boats as quickly as they can.

# 2. Don’t Go For The Dealers: While purchasing a fish boat, always try to arrange for a direct deal, rather than going in for a dealer. The involvement of third-party in the deal can cost you much more than you have imagined. They charge you a commission fee to cover up their costs, slow economy loss, or any other type of cost that may have occurred during the deal.

# 3. Government Auctions:

Finding work-boats for sale in a government auction can be the best deal for you because the rates are low and the source is trust worthy. Government often impounds boats and ships from owners who are involved in some unscrupulous activity or have bad record. These boats are stored on docks and cost a lot to the government. For this reason they try to sell them off in auctions. You can find news about these auctions on internet or newspapers.