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April 11, 2008, Newsletter Issue #67: Buying Sailboats
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Tip of the Week
Beginning sailors are often strongly cautioned not to run out and buy a sailboat. Why? Simply put, buying a sailboat can be an expensive mistake if you don't know what you are doing. For those who do want to take the plunge, however, buying sailboats doesn't have to be just for the rich or the seasoned sailor. Consider the following points:
Do your homework. With all of the sailing forums on the Internet, you should be able to gather quite a bit of information on buying sailboats. Start small. You don't need the newest sailboat to enjoy the water. Start out by searching for a sailboat that is around $1000 or so. You can always sell it later or trade up. Consider your needs. What type of sailboat do you want? What do you plan to do on your sailboat? Window shop. Just because you don't have a lot of sailboats for sale in your area, doesn't mean you can't check out prices. Check on-line Internet auctions, and pay attention to what is selling and how much it is selling for.
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