Old enough to know better
Join Date: Dec 2006
Location: Beacon, NY
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Re: Best country to purchase a boat
If you look at yachtworld, granted they likely don't have much of the 3rd world in the listings, but generally the US seems to have the cheapest boats by far. Lots of people coming from Australia, Canada, the islands and Mexico to pick up bargains here. It used to be said to go to any good cruising spot and you could find boats that were abandoned when the spouse did not like cruising or other things pulled people away from the cruse. Seems now with the economic downturn the US seems to be the spot to get lost dreams cheaply.
I have seen boats in the islands asking twice or more than you can get them here. And they are often in much worse shape because of absent owners. Unless you want to start your adventure somewhere else, I say start here, fix it here where the parts are cheaper, and more available. Then take off, especially if you want a fixer upper as parts will kill you in any other country.
The down turn in the economy has really changed the shape of the market.