Best Looking MALE Mod
Join Date: Jul 2006
Location: Washington State
Thanked 124 Times in 57 Posts
Rep Power: 10
No, I would not buy one. i have heard both sides of the story. Some say it is ok, others say not.
You are better off waiting and looking for a cruising boat that has had liveaboards that just returned and are selling. You will get mostly gear that works, a boat that has been well taken care of, and is obviously capable.
If you are going to take out a loan on the boat, you may be better of with a final note in excess of 100k. That is the break point for a 20 yr note and lower interest rates. Why? Don't ask me. I have never understood it. But a 100k note will cost you less/month than a 99k note.
If you are paying cash, sit back and wait for the right boat. Get a broker that is knowledgeable. I like using brokers (that are knowledgeable). Where are you located?