8 Tips to Buying a Yacht

Professional Advice from Capt. Sheldon Caughey


  1. ‘’I recommend that every client should be represented by a broker who has at least 10 years of experience.’’
  2. ‘’Tell the broker the type of vessel you want to purchase and what it would be used for. Also, provide the broker with a budget and if you will be financing the vessel.’’
  3. ‘’Have the broker research all of vessels available in the size, price, and location where you are considering to make the purchase.’’
  4. ‘’Have the broker provide you with a current list of similar sold vessels (Soldboats.com), so you can make a reasonable offer for the vessel you are choosing to buy.’’
  5. ‘’There are various engine packages and major pieces of equipment that are more desirable than others. So be sure to consider re-sale in selecting models and engines.’’
  6. ‘’Upon selecting any vessel, make sure your offer is contingent upon a Marine Survey and a Sea-Trial.’’
  7. ‘’Always have an engine and a hull survey evaluation, and have the Marine Surveyor on board when conducting the sea-trial.’’
  8. ‘’Also be advised that the seller of the vessel should pay for any major defect that affects the structure and safety of the vessel.’’

About Capt. Sheldon Caughey –



’I am a member of the National Association of Marine Surveyors – N.A.M.S (SA) and I was previously an Accredited Marine Surveyor (AMS) with the Society of Accredited Marine Surveyors aka S.A.M.S.​  I hold a USCG Captains license as Master, Power and Sail ‘Offshore’ with a Towing Endorsement. And, I graduated from the California Maritime Academy with a BSME in Marine Engineering with over 100,000 nautical miles at sea.  I spent 25 years as a licensed yacht broker in the San Francisco Bay area and I have personally owned or managed yachts up to 80 feet.’’



For any questions, comments, or concerns please email office@bajamarinecabo.com



Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Create a website or blog at WordPress.com

Up ↑

%d bloggers like this: