When it comes to yachts, owning one might feel like the ultimate luxury, but selling it can tell a different story. Some yachts come with hidden costs that extend far beyond their hefty price tags, especially when it’s time to hit the resale market. Depreciation, maintenance demands, and changing market trends can turn certain yachts into financial sinkholes. If you’re considering a yacht purchase, here’s a look at 7 models that might drain more from your wallet than you’d expect.
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Azimut
The Azimut is known for its sleek Italian design and powerful performance, but its high maintenance costs and relatively modest size can limit buyer interest in the resale market. Built for speed and style, this 62-foot yacht features twin diesel engines and luxurious interiors, yet depreciates quickly as newer models emerge with advanced tech, making it a tough sell later on.
Sunseeker
Although the Sunseeker delivers thrilling performance with powerful engine options and sleek design, it’s notorious for high upkeep expenses, especially in engine repairs and fuel costs. The resale market often sees rapid depreciation due to hefty maintenance needs and limited appeal in newer markets seeking more fuel-efficient models.
Ferretti
The Ferretti offers luxurious living spaces and high performance, yet its hefty initial price and intense upkeep costs lead to significant depreciation. This 75-foot yacht faces challenges on the resale market due to expensive customizations and substantial operational expenses that deter potential buyers seeking cost-effective alternatives.
Benetti Delfino 93
This Benetti model stands out for its exceptional craftsmanship and opulent interiors but suffers from high depreciation due to its operational expenses. The Delfino 93’s 93-foot length and need for constant upkeep make it costly to maintain, limiting buyer interest when owners attempt to resell.
Fairline Squadron 78
The Fairline Squadron 78 offers luxury and ample space, but high repair costs and rapid depreciation make it a poor investment for resale. Its twin diesel engines and intricate interior details add to the maintenance burden, making it less attractive to buyers interested in a financially sustainable yacht.
Lagoon 620 Catamaran
Known for ample space and stability, the Lagoon 620 Catamaran has high depreciation due to its complex systems and repair needs. This catamaran’s value drops significantly as new models with upgraded technology hit the market, reducing its appeal.
Feadship 55M
The Feadship 55M is a luxurious yacht with high operational costs that lead to steep depreciation. While it offers opulence, its specialized maintenance requirements make it challenging to resell, as only a few buyers can afford its upkeep.
This article originally appeared in MyCarMakesNoise
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