When shopping for a used yacht for sale, we need to consider a number of factors, including overall condition, price, location, brand reputation, and other important characteristics. Often times, the more attractive yachts are those that are older, but well maintained, have had their engines replaced or refurbished. But then one has to ask, ‘How long do used yachts for sale typically last?’. Here is the answer!
How long do used yachts for sale typically last? This is different from the average lifespan of the yacht itself. In reality, a yacht may change ownership a dozen times in its lifetime. Its lifespan is determined by a combination of factors such as the materials used in its construction, the environment in which it is used, and the state of its maintenance. Below Yachttrading will share with you the approximate lifespan of different types of yachts.
Wooden yachts: 25 to 35 years and above
Wood + epoxy composite yachts: 25 to 40 years and above
Aluminium yachts: 30 to 50 years and above
FRP yachts: 40 to 60 years and above
Steel yachts: 75 years and above
Factors affecting the service life of second-hand yachts for sale
1. Construction materials and techniques
Whether it is FRP, aluminium, steel or composite materials, the ageing resistance, structural strength and maintenance needs of different materials vary. Whether it is FRP, aluminium, steel or composite materials, different materials have different ageing resistance, structural strength and maintenance requirements. Aluminium, for example, is highly corrosion-resistant and suitable for saltwater environments, while composite materials combine lightness and strength and are becoming the choice for more and more new hulls. The construction process is also key, with some renowned shipyards customising proprietary epoxy resin ratios to improve pressure resistance and durability.
2. Frequency of use
Yachts that go out on the water more often will be in better shape than those that are docked all year round. This is because the engine, propulsion system, etc. often run more conducive to lubrication and maintenance, to avoid the rust and failure caused by a long period of inactivity.
3. Refit or power system replacement
Many second-hand yachts have been Re-fit or Re-powered before entering the market. Re-fit includes a complete upgrade of electronic systems, mechanics and interiors, while engine replacement can significantly improve power efficiency and reliability. Professionally upgraded used yachts for sale also have a much longer lifespan.
4. The level of routine maintenance
If your yacht is managed by a professional yacht management team or a professional captain, it will significantly extend the life and good condition of the yacht than if you manage it yourself.
Ways to extend the life of used yachts for sale
Docking location: the ideal storage for your yacht should be indoors, at a constant temperature and shaded; if this is not possible, you should also choose a marina berth with a shelter to park your yacht.
Purchase a good quality cover: It is important to protect your yacht from the sun in order to prolong the life of your used yachts for sale! Purchasing the right flybridge covers, seat covers, console covers, etc. for your yacht will slow down the corrosion and aging of the hull caused by sun exposure.
Regularly assess the condition of your yacht: It is recommended that you have your yacht fully inspected by a professional surveyor every 3 to 5 years. Yacht insurance companies also require owners to regularly inspect their yachts, which is an effective means of detecting problems in advance.
Professional management team: A professional yacht management team can be responsible for regular cleaning, teak maintenance, diving inspection, waxing and glazing, system maintenance and a series of other maintenance of the yacht, which can keep the condition of the yacht and increase the service life of the yacht.
A properly maintained used yacht for sale with excellent building materials, or even refurbished, may have a remaining life span of decades. And some quality brands and classic models, even after changing hands several times, can still provide a reliable experience at sea for their new owners, provided they are maintained by a team of professionals. When purchasing a pre-owned yacht, appointing an experienced Yachttrading broker to assist in the selection process will help you to clarify the yacht's past, arrange for a professional valuation, and assist in the subsequent management programme, avoiding regrettable decisions due to asymmetric information.
