You’ve laid out a tough but important reality for anyone looking to buy an older monohull yacht in South Africa. With the vast majority of boats being over 40 years old and no new builds for decades, buyers must be prepared for the inevitable maintenance and restoration challenges.
Many prospective buyers come with a limited budget and unrealistic expectations, hoping to find a gem that’s ready to sail without the usual wear and tear that comes with age. As a broker, it must be frustrating to navigate those conversations, especially when you know that most older boats will need work—whether it’s hull repairs, rigging updates, or engine servicing.
It’s crucial to emphasize to buyers that they should budget not just for the purchase price, but also for ongoing repairs and maintenance. They should be ready to dive into the details of each boat’s condition and history. A well-maintained older yacht can be a great investment, but it’s all about managing expectations and being prepared for the realities of boat ownership.
Educating buyers on what to realistically expect can help them make informed decisions and avoid disappointment. Have you found any effective strategies for helping them understand these realities?
well the answer is yes at Angela Collins Yachts we make buyers aware of what they need to understand when buying a old yacht.
