HOW TO BUY A LUXURY YACHT!!! PERSHING 80 

I not only love that you show us, as the name implies, yachts for sale, but you give us behind the scenes information when it comes to building yachts and you've included information on actually purchasing a yacht. On the flip side, how much different is it when _selling_ a yacht? Different question, do yacht owners typically interact with the crew when using the yacht? I've seen some yachtee (sp?) training videos where they mention the crew isn't supposed to talk to guests (at least, when the guests were British) and I can't imagine owning a yacht and not wanting to talk to the people I employ to maintain the yacht, making sure they're in good spirits and morale is high.

Yes, very informative. The more information you share with us the more tempting is the idea of buying a yacht. The world is changing really fast, technology provides the majorities with tools that can make anybody rich overnight. Some of your viewers might have the money needed to own one of these technological beauties, at any time. Some others, probably, are lucky enough to already have it. My intuition tells me you are the kind of person one would enjoy doing business with. Beautiful yacht. Thanks for sharing!

someday i'll buy a yacht.

I really enjoyed this. One thing of note that I did not see is slip fees or costs associated with berthing in a marina. Currently I am about to close on a 41ft. Survey was $1,100, finance is 20 years at 6%, and Coast Guard docs and title transfer fees is $700. At the end of the day, I hate to use the word "affordable" when buying a yacht, but a reasonable sized yacht like the one I am purchasing puts the dream within reach and allows you to get a taste. As things get better and with time, maybe a Pershing 80 will be in the future....

This is absolutely the best boats and yachts channel on yt 👍👍

Another fabulous episode. The snappy mixture of glamour shots, layout walkthroughs, cute graphics, and practical information make it both educational and a joy to watch as a cinema unto itself. You just keep getting better and more polished as a producer while keeping a down to earth personal presentation in an otherwise ostentatious subject matter. One can feel both the excitement and the prospective relaxation of indulging in this world of yachting.

Once again, your videos go over the top. This is a great education, David. Thanks!

A very pleasant presenter 👍🏻 I wish you many successes in selling luxury yachts ✌🏻✌🏻✌🏻

I love this video, but would it be possible to make a series about building a yacht.

Awesome information and very well presented. I like how you take the part of a buyer. Really looking forward to the super yacht purchase video. Thank you once again.

Another Top-Shelf production David. Very informative and on a mutually liked yacht. Similar lines to Mangusta. You have to love what the Italian's produce, Ferretti, Overmarine Group, and all the best/rest!

Excellent video. I also wondered about how to purchase a Yacht. You made it easy to follow(understand). I cant wait to see your next video on the Super Yachts . Great job and thank you.

Good video. Almost had a heart attack with the yearly cost of it untill you mentioned it included financing. If your buying new might be good idea to finance. But if you have the money and are buying used, no massive depreation, than pay it in full and save the interest.

Love your channel! Thanks for some really amazing content.

Brilliant video as always

i might be a few mins late but no pershing vessel shall be uploaded on this channel without garnering my immediate and undivided attention!💖

As usual, a very professional and very informative video. Thx

Can you make a t shirt or mug that says, "my other boat is a lurssen."

Very informative video keep them coming we love your videos 👏🏼👍🏽

Yet another great and informative video 👍🏻👍🏻👍🏻

Excellent video full of lots of very useful information! Great job.

Great video David, and very informative. Thanks

When you see all the associated costs with yachts, even relatively cheap ones like this, you really understand why people charter them. Even if you made a million dollars a year, you would have to think twice about buying this yacht so you really have to have some serious money to buy one of those big boys with a full crew.

Great video as always David.! Every time I see Antibes I remember walking down those very streets! However, I do take exception to getting miffed as asking the current owners running costs, and here's why. As you clearly mentioned, this ship is in unusually great condition, well run and of course we don't know the current owners usage. Something I would find out. Then knowing the current running costs will give a very good baseline to maintaining that yacht condition with that usage. If the Yacht was in terrible condition, then the current running costs would also probably reflect that and be a guide for what it's NOT going to cost to operate. My usage will of course be different, no two are probably the same, but having some history as guidelines is never a bad idea. Much like knowing the sales prices of other Pershing of similar year and conditions to judge the validity of the asking price.. Your thoughts would be welcome if I'm way off base here. Thanks and hope you;re enjoying Monaco. I did not make it over, sadly.

making your money work for you! I like it.

Loved this video! It would be interesting to know more about building a custom yacht. What are the engineering and customization costs for different sized vessels like? How long does it take for a team of architects to develop a custom design with unique features? And how about renting a shipyard etc.

Another great video!

I 100% agree for me Pershing is the best of this style of yachts and the 80 is most likely the best size as you can (if you are an experienced yachtie) use it with just some friends without the need of expensive crew aka fixed costs. Just loved that you took the Pershing as an example, btw the coffee from the 'I love big boats' mugs taste much better :-)

Thank you very informative ideed you are answering my questions cheers

You need to do a review on the new Azimut s10. Ever since it was unveiled I’ve been waiting for someone to do a review and tour

Good show, sir!

Thank you. Very helpful

Very informative, well done Mr Putin 😎😎

This gentleman is a very good seller/broker.

Very informative...

Hi David. Your videos on purchasing are an eye opener to all the complex details. Registry out of the eu definitely, having a good broker (the best) like you to guide me with marine lawyer, surveyor etc or a management company. Great video as always.

Great vid thank you

Great series. Would it be possible to make a video from the perspective of an owner looking to put the yacht out on charter during part of the year in order to offset some of the running costs, or even make a small profit? As an accountant, the brain says no to yachting, but the heart screams YES!!!!

great vid 👌 I m glad to have a trailer for slipping my 🚤 save my 💸

I found a 68' DeFever available locally where the broker listing specifically mentioned that the asking price includes all taxes. This grabbed my attention simply because the norm here is for listed price to be plus taxes. For the yacht I mention, $450,000.00 CDN with adding taxes, 12.5% sales tax, 9.5% marine tax so taxes alone would be an additional $99,000.00 CDN. Where with taxes paid it is only the $450,000.00 CDN listed. I think this is the best way to show why a VAT paid listing, or taxes paid listing is actually significantly lower cost to the prospective buyer.

I have to admit you are the best for helping people understand the yachting industry better. I have a question about yacht registration. If I house in the Spain but I'm a resident in the UK and I buy a boat for the med, should I purchase the boat in the UK or in Spain? Where would the registration of the boat fall?

Would like to see a video of how to buy a yacht for the sole purpose of using it for charter and the costs associated with that, do you make a profit? Does it pay for itself? Should you expect to lose money every year regardless? Insurance differences? Etc. etc. enjoy your videos very much, look forward to the next one.

Great video. Thanks for the information. But, if the new owner wants to lease the boat out to gain some income to help cover the costs, how will that work? Tax benefits for USA owners but now you need a crew.

Would you kindly do a video for an owner-operator of a smaller boat of maybe 40-60 feet?

Most of these vessels are charters , meaning you can rent a boat for a week and enjoy it and if you are nice, perhaps talking to the crew will let you find out from them what problems the boat may be experiencing. That will help make the decision to pay the 10% or just a fraction of the down payment and just walk away.

Love the videos and the info but would love you to do a walk around to show them off

Thx for a great video, at a future date is it possible to do a video about boat management company's and why there is a need for them, personally I can't understand why people pay hundreds of thousands a year employing crew to then employ a management company based on shore to keep an eye on them, there must be something that I'm missing!

l know someone involved in boats in Portugal and he was told by an owner of one of these that it cost him 3,000 euros to take the boat from Lisbon to Vilamoura for a hull paint, diesel only.

What is the timescale from seeing the yacht you want, to the purchase and it actually belonging to you ?

You can’t, just CANNOT play the role of an American buyer with that cool accent. Absolutely not possible, don’t even try. 😎

Just my personal view: Any M/Y that needs a captain is too big for (long) weekend use - I just dislike the idea of having crew on board. Frequent weekend use also eliminates chartering to off-set costs. A 50' M/Y is enough for most people, and I can take a 43' sail yacht anywhere with space for 4 in comfort on long trips (4-6 weeks).

David, would it be prudent to have a captain walk the vessels you are interested in as (s)he would know what to look for?

Sharp dressed vessel. I had to use transdermal patch to watch the presentation 😂. Insurance seems quite reasonable. I've seen it 10/15 times that for a yacht twice that size.

Do you have any idea how long it takes until delivery, if you buy a new Pershing 8x for example?

Unless it's the law, there is nothing forcing a person to sign an MOA which is skewed to the vendor and broker. Just like real estate. I have bought a few houses in my time and I decide the terms to complete the contract. 24 hours is ridiculous. I would ask for at least 2 weeks and if the vendor and/or agent don't like it, I would walk. It's a lot of money and presumably the vendor has a good reason to sell.

Another stellar one David, well done. In your current experience, are the EU finance companies still offering their funding to yachts that are 20 years old or less, or has that been relaxed at all in certain circumstances/for certain yachts?

How to buy a yacht.BE RICH AF!

💖💖💖

Is it difficult to operate a boat like this or even bigger ones?

I'm missing the costs for Maintenance, fuel and docking (berth) in the overview. The 120k i understood as being the salary for the captain alone. On a 80 footer, you might have one or two further crew members here and there. The other video you did quite a while ago with regard to running costs was in this way better or more precise. ;)

Does this apply to buying smaller sailing yachts, say in the 60 foot region?

Would it be possible to avoid VAT and lots of complications by having yachts owned by companies, and never sell the yacht, just the company that owns it?

So talk to us about putting our yacht into the charter business getting back on your investment please?

I was surprised about the 120k running costs. How many crew did that cover? Is berthing included? I assume that this excluded consumables like fuel.

Not entirely sure i understand the breakdown of the "running cost" what does this all include? Did you already make a video on this?

can you made a video of where to keep a yacht,super yacht, mega yacht? and also which country is the best to register them?

What about the depreciation costs, shouldn’t they be factored into the running costs?

The Pershing 80 is nice but I'd prefere the Pershing 115 though... which looks allmost as sleak as a Mangusta 165 or a Leopard 46 or a Palmer Johnson 130

i can pay the surveyor...better than nothing eh?

So this brand is 'robust, safe and sea worthy' but can you name a yacht builder that isn't all of these?.......

Let's say...a fictitious buyer wants to own a yacht and has £3.70 in disposable cash and lives with his mum and works part time at a Mcdonalds. Any advice for me...i mean the fictitious buyer?

If a Nigerian wants to buy, how can that be possible. Thanks

Better to have a friend with one.

someonegot a link for ep 1?

How are the costs of purchasing and owning a super yacht going to change for a prospective British buyer looking to purchase a yacht after Brexit specifically (VAT) and keeping the yacht moored in the Med?.

528th like.. thats me 😇👍🏻

Too many middle men too own a yacht but if you have it too waste why not then sell it for a pile of 💰

Seems like a good price for the boat. Not so sure about the lawyer. Can we keel haul him? :) yaarr How about using a remote control sub for inspection? a good surveyor should be progressive like that. And what are the rules for vat?

With negative interest rates becoming the norm, you should pay off less at the end of the loan than an outright purchase. Yes, the economy is working fine, nothing to see here...

Damn that surveyor was ahead of his time with his email address on wanadoo.fr, we do not see those much anymore

How much is the cost for the sale or buy broker?

One day i will buy my dream yacht i always trust on my God and I'm waiting for those day

At this point only by win a lottery or rob a bank... don't play lottery games though...

The reality of yacht ownership....

Had no idea Putin was also a yacht broker.

My boat is an Oyster

David how come you havent already bought a yacht, most big you tubers seem to be making big bucks. I'm wondering if you're anywhere near being able to buy a yacht. Is that something your thinking about in your life

Very informative, but cut out the whickety whick music. I have been in the music industry for over 30 years as both a performer, producer, and now engineer. Last thing I need to hear is my work while trying to review a place to relax. Plus...wrong choice of music bed.

At the end of the day money is the main factor and if no money no Yacht lol

I’ll have £167m tonight, I’ll be in touch 😜

I plan to purchase a yacht in the future but am not looking to charter it for the first few years. Will my cost for crew be higher than a yacht that will be chartered? Should I offer more so that I can compete with the charter yachts for the best crew members? There have been so many factors in my purchase that your videos have helped with. A lot of considerations I had not thought of have been answered. Unfortunately I still have many more questions before I decide to jump into ownership over a simple charter I can have my event coordinator book. I look forward to your thoughts.

Nice content, intro was just strange, not helpful.

Ugh goverments and their unethical ways of making money. Screw VATs!

How to buy a luxury yacht. Uh, have a few million dollars at your disposal?