Mitigating depreciation during your period of ownership is something that is possible using these approaches to purchase and ownership.
Risk Mitigation
Implementing mitigation strategies to control and offset major cost line items is critical. This article is an overview of the main elements.
It is easy to assume that a larger yacht with a larger range is necessary. In many use cases a larger range may not be needed or even optimal.
From 1 January 2021 the IMO Tier III regulations will apply to all recreational vessels over 24m that are operating in designated Emission Control Areas.
Winter preparation (or winterisation as it often called) is an important strategy to prevent a degraded ownership experience.
For many first time yacht owners, choosing where to berth their new yacht is one of the most daunting decisions that they are faced with.