The dream of buying a boat and sailing to exotic islands is a powerful and exciting one and an important part of achieving that dream is selecting the right boat to take you over the horizon in safety and comfort. Here’s how to successfully go about it.
It’s All About Sailing
First, ensure that you enjoy sailing and living on a boat, and unless you plan on single handing, that your partner does as well. If you’re new to sailing, sailing and navigation lessons are an excellent starting point. Try a 7–10-day ASA live aboard cruising/learning experience. Even better, consider a course in an area you’re interested in eventually cruising on your own. If the Caribbean is one of your dream cruising destinations there are several ASA liveaboard programs in the British Virgin Islands which is hard to beat as a fun venue for gaining skills and experience.
Educate Yourself
Read boat reviews, scan owner’s group websites for troublesome problems specific to certain makes or models, read about yacht design and safety. Go sailing on as many different types of vessels as possible and consider crewing on local races. Take courses on navigation, offshore passage making, marine weather, sail repair and diesel engine maintenance. If your cruising plans include ocean crossings, consider signing up for a sail-training passage where you’ll be standing watch and learning 24/7. The more time and energy you put into obtaining skills important to cruising, the better yacht selection choice you’re likely to make and the more self-sufficient you’ll likely be.
Be Realistic
Many people searching for their dream boat have unrealistic expectations or get fixated on specific design issues. If your plans are for serious offshore cruising, ensure that safety and seaworthiness rate higher on your priority list than in-port comfort and interior volume. Compromise is important when selecting any boat. Chances are you will not find any boat in your price range that exactly meets all your criteria, so be prepared to be flexible.
Timing
You should plan to purchase your boat at least 1 – 2 years before departure bearing in mind that it may take 6-12 months of serious shopping to find a boat that meets your criteria. If the boat you purchase is over 15 years old and in need of some work it can easily take 6-12 months or longer to get it offshore-ready. You’ll also want to allow time to become familiar with sailing your boat and getting accustomed to living aboard.
Boat Size
Planning on cruising as a couple? Then each of you must be prepared to singlehand your boat, being conscious of your abilities and limitations. Seasickness or illness may incapacitate either of you, leaving the other person to handle everything. Safety dictates a boat with manageable sails, a dependable windvane selfsteering system and a powerful, dependable autopilot.
If you’re planning on purchasing a boat over 42’ and aren’t as strong as you used to be, consider increasing your level of fitness and the option of selecting a boat with or adding a furling mainsail, bow thruster and possibly electric winches. This equipment adds cost, maintenance, weight and complexity but being able to easily handle your boat is important and adds to the enjoyment of cruising.
Go Newer and Smaller
To purchase a newer yacht that isn’t going to need an expensive, time-consuming refit, you may need to downsize your ideal size requirements. If this means purchasing a 12-year-old 38’ boat instead of a 20-30-year-old 45’-50’ boat, you will be far ahead; having more time to cruise and reducing your overall cost of ownership. Also, maintenance, insurance and moorage costs go up exponentially with the length of boat.
Boat Age vs Your Age
The older you are, the newer the boat you purchase should be. If you’re in your 20’s, you’ll likely feel like you have more time and energy than money. You’ll have the energy and motivation to work hard on a bare bones boat and then be keen to set sail, with or without a lot of gear that older people frequently deem necessary. If you are over 60 and inexperienced, you should consider a boat less than ten years old.
Age of Boat vs Time and Cost of Ownership
The older your boat is, the more time and money it will take to go cruising.
On a boat 20+ years old, you can easily spend an additional 50% to 100% of the purchase price replacing rigging, sails, tanks, engine, and electronics and upgrading the electrical system. This refitting process frequently takes one to two years. With a boat that is new or less than ten years old much of the refit time and cost and is saved.
Another good option is to purchase an older boat that has recently been refit by the seller and is ready to go. It will likely cost slightly more than comparable boats of the same age but will cost far less than outfitting an older boat that has only coastal equipment aboard.
Finding Your Boat
Websites like YachtWorld.com are invaluable as they cover most of the world. Bargain basement boats priced under $30,000 are easier to find on For Sale By Owner (FSBO) sites. If you’re within six months of purchasing and have your financing in order, you may consider using a buyer’s broker. They should have connections to potential boats that you may not be aware of and save you time by cutting through the “broker babble”.
Market Trends
Currently it’s a seller’s market in North America, with the very limited inventory of quality, offshore-capable boats in the under $100,000 and under $200,000. European prices and inventory are currently substantially better than North America. Catamarans are the hottest category, particularly in North America.
Distress Sales
You may come across vessels that have recently had substantial and expensive upgrades completed yet haven’t cruised anywhere. Often these boats are the result of people who, during the refit and preparation process, have had health or financial hurdles arise or become too exhausted to go cruising. If the sellers have selected quality equipment and undergone an intelligent refit, these distress sales can represent excellent savings of time and money. It’s still imperative to get the right boat for your plans as a great deal on the wrong boat is still the wrong boat.
Where to Purchase
It is wise to spend considerable time researching and deciding where you most want to cruise and just as importantly, where will be an easy place to purchase and outfit a vessel. Insurance agents and underwriters frequently recommend that you charter in your destined cruising grounds first, at the same time research the selection and prices of boats available, boat yards and outfitting services.
If you’re interested in cruising specific areas before planning long passages, purchasing a boat on location may be a good choice.
Resources
- This article is taken from a free 65-page e-book, Selecting and Purchasing an Ocean Cruising Sailboat, by John Neal.
- Download a free list of 158 builders & 424 models of offshore capable cruising boats.
- Boat Selection Consultation & Mentoring Service from mahina.com
LIVE SEMINAR ● OCTOBER 12 ● ANNAPOLIS, MD
Join seasoned sailor and boat-buying aficionado John Neal during the 2024 Annapolis Sailboat Show for an insightful, information-packed live seminar. Gain a comprehensive understanding of the current boat market, the overall purchase process, and essential insurance requirements.
About The Author
Since 1976 John Neal professionally consulted with over 10,000 sailors seeking cruising boats. His experience in the marine industry is unique; 408,000 offshore miles and 50 years worldwide ocean sailing experience plus boatbuilding, surveying and previously owning a yacht brokerage.