Posts Tagged ‘chartering a yacht’

Most commonly asked question – why purchase a yacht?

Tuesday, June 10th, 2008

As a yacht broker with Northrop and Johnson of Massachusetts, Eric Ciambra enjoys a professional environment supported by a more than efficient infrastructure that allows him to give a client the best possible service wherever they are located.

In Eric’s travels worldwide, the most common question he gets as a yacht broker is “why does somebody buy a 100 foot plus yacht and not just rent it when they need it?”

It’s a fair question.  After all, with yacht ownership comes expense as well as ongoing capital outlay.  It goes without saying pride of yacht ownership is a huge factor.  Historically, most owners start off chartering a yacht and then become owners.  It allows them to see if they enjoy the lifestyle.  It permits them to test different types of vessels in different environments.  It allows them to test crew and cultivate a certain amount of buyer experience and comfort.

After a certain amount of time and certainly a lot of expenditure, ownership (for those who value the lifestyle) becomes the natural next step.

So, Eric asked a yacht owner who is a very successful CEO of a company why he owns a yacht.  His answer was because of his often busy schedule, it was the only location that he had discovered where he could truly spend quality time with his family and friends.  This gave Eric an insight as to why so many yacht owners have so much affection for their chosen yacht.

To those who asked that question or are thinking of asking it, Eric is hopeful this has been useful.

For more information on yacht ownership or charters, feel free to visit www.njyachting.com or call 978.921.6600.