For the lucky few, owning a yacht is a dream come true, a symbol of freedom, success, and a pathway to adventure. There is simply no better recreation for creating lasting memories than being on a boat. If you are considering buying a pre-owned yacht, understanding things like depreciation, warranties, routine maintenance, and builder reputations can help you determine that perfect age for the type of boat you are interested in purchasing.
Of course, hiring a reputable and experienced yacht broker is always recommended as this should alleviate any knowledge gaps and save you money in the long run. Projecting out 5 years worth of maintenance and expenses on the vessel you're considering is recommended. The older the boat, the more money you may need to spend in order to keep it updated and properly maintained.
If you're wondering how old of a yacht you should buy, understanding the "sweet spot" of that particular brand or type of boat can make a difference in your experience. Generally speaking, the best age to buy a used yacht is around 5-7 years after it was purchased new. At this point, the major depreciation has happened and many of the components on board are usually still under extended warranty.
WHAT DO OUR EXPERTS SAY?
"The best age to buy a pre-owned yacht really depends on the quality of the builder," said Christopher Cooke, CPYB. "Good quality production yachts usually lose 20% of their value the day you purchase it new and another 10% a year after that until about the 6-8 year mark. They then plateau because at that point you are replacing expensive stuff or doing expensive work."
"That only applies to yachts that are well-maintained getting their annual services done," he continued. Your custom sportfishing yachts are a whole different animal. It's about supply, demand, and pedigree.
(Above: This 2021 Sabre 58 is not only built by an esteemed shipyard, but is nearing its "sweet spot" for value along with performance.)
Greg Graham, our 2025 Top Broker for overall sales, captains a 25-year-old sportfish and loves it. "There's no depreciation at this point; however, we have to put a lot into it to maintain it and keep it performing how we want." While Greg loves his boat, he does admit that the "re-powering gets old after a while."
"In my opinion, the sweet spot you're looking for on a used yacht is around that 5-year mark," Greg said. "When my clients are buying a new boat, generally we see it take about a year to work most of the bugs out. Once you get to about 5 years old the major depreciation has hit and many of the systems are still under warranty. And like Christopher said, a lot of this depends on the quality of the builder and how well the boat has been maintained since new."
DOES THE AGE OF A YACHT EVEN MATTER?
A yacht's age really does impact quite a bit on the vessel in both value and performance, particularly if the boat has been used in saltwater for a period of time. Owners who have really put effort into taking care of their yacht and have kept detailed service records, will definitely see a difference in the re-sale value of their boat.
- Price Depreciation: New yachts experience a sizeable decrease in value as soon as it's delivered to the new owners. It takes several years of ownership to finally see a drop in the rate of depreciation.
- Maintenance Costs: Boats that are older tend to have more service issues and require more upkeep than newer boats. The trick for owners is to find a boat on the market that has most of its maintenance done and isn't too old.
- Technology: Newer boats will have the latest technology like joystick control, dynamic positioning systems, and more. Older boats are less fuel efficient and don't have the same capabilities as newer boats.
- Warranties: If a boat is too old, it will no longer have any of the engine or hull extended warranty left.
(Above: This 2020 Azimut 78 Fly has only had one owner, has been well-cared for, and is listed for just over $3 million. A newer 78 Fly can go for closer to $5 million.)
THE SWEET SPOT: 5-7 YEARS OLD
For many boat buyers in today's market, the best age of yacht to buy is between 5 and 7 years old. Here’s why:
- Better Value for Money: By the 5-year mark, most yachts have already taken the biggest depreciation hit — typically around 30% off the original price. Buying a yacht in this range means you’re getting a relatively modern boat for significantly less than new. It's a sweet spot where value and quality intersect.
- Proven Track Record: A yacht that’s been used for several years has a performance and maintenance history you can review. Surveys and service records give insight into how well it’s been maintained and whether there are any recurring issues. Unlike brand-new yachts, these boats have had their bugs worked out.
- Modern Amenities Without the Premium: Yachts built within the last decade often include many of the modern conveniences buyers expect — updated electronics, fuel-efficient engines, joystick docking, and contemporary interiors — without the price tag of a brand-new vessel.
- Lower Insurance Premiums: Insuring a yacht that’s 5–10 years old is generally more affordable than insuring a brand-new one, due to lower replacement costs and established safety performance.
WHAT ARE THE PROS & CONS OF BUYING AN OLDER YACHT?
If your perfect yacht happens to be more than 10 years old, it's possible you could be looking at some significant expenses in the near future after buying. This is where the assistance of a professional yacht broker can help you avoid any major pitfalls.
Pros of buying an older yacht:
- Lower Purchase Price: You can often find larger or higher-end yachts for much less than if they are new of a late-model pre-owned boat.
- Solid Build: Many older yachts, especially those from reputable builders, were built with exceptionally durable materials and craftsmanship. These are likely to be strong boats that will last many more years.
Cons of buying an older yacht:
- Higher Maintenance Costs: Expect more frequent repairs, upgrades to systems, and possible refits with boats older than 10 years.
- Outdated Systems: You may need to invest in new electronics, plumbing, or engine overhauls once your boat gets well beyond the decade mark.
- Survey Crucial: A thorough marine survey should be non-negotiable to uncover hidden issues that could turn your bargain into a money pit. Your broker can be very helpful in these situations.
Of course, many older yachts have been re-powered, re-fit, and are mechanically sound. Be sure to ask the current owner for their maintenance and service records to see how often they were keeping it updated.
"With airplane maintenance, the intervals of when you get your aircraft inspected are required," continued Christopher. "With yachts, it's entirely up to the owner. That’s why it's hard to determine what is best year to buy or when. I just had a yacht pull up to our docks that is a 2018 and is years behind in annual service. I’m honestly surprised it made it to the docks without popping an engine! This is why it's important to have a broker that knows boats, yachts and the engineering side of things."
ABOUT UNITED YACHT SALES
United Yacht Sales has the world's largest network of boat buyers and sellers in the industry, thanks to our team of over 250 yacht brokers in 104 different locations. Whether buying a luxury boat or selling one, we have the right expert on staff to assist you in navigating the brokerage market for your type of yacht. If you're looking at selling a boat, there is no quicker way to get activity than listing it with United. Our entire team is immediately notified every time a listing agreement is made with United Yacht Sales and many boats are sold before they ever even make it online. Our support team is among the best in the industry at marketing your yacht. 100% of our marketing budget goes towards advertising our clients' listings, a claim not many other firms can make. To get started listing your yacht, fill out our online form What's My Yacht Worth?
Here Are Other Yacht Sales Related Articles You Be Interested In:
- What's The Best Yacht For A Family?
- What Is The Average Lifespan Of A Yacht?
- What's The Best Time Of Year To Sell A Boat?
- Are Yachts Worth Buying?
- What Is The Best Size Cruising Yacht?
- Yachts For The South Florida Lifestyle
- Best Boats For The Bahamas
- How Much Is The Motor Yacht On Average?
- Where United Yacht Sales Advertises Your Yacht
- Can I Sell My Yacht Without A Broker?
- What Does A Yacht Broker Do?
- How Much Should You Spend On A Yacht?
- What Are The Most Popular Yacht Brands?
- Why Are Boats So Expensive?
- How Much Does It Cost To Buy A Yacht?
- Get Rid Of Boat Smells Before You Sell It
- Hiring The Right Yacht Captain
- Choosing The Right Yacht Broker
- Is A Yacht A Good Investment?
- Advice On Purchasing A Yacht
- Why Own A Boat Or Yacht?