Cut Price Boats

Just like cars and bikes pre-owned boats can be picked up at steep discounts to the original price.In fact, there is the highest likelyhood of bargains on yachts and boats because the market is itself pretty limited.Also buying a secondhand craft makes sense as buying a new yacht has become more expensive because of the increase in the import duty to about 48% and the rupee depreciation.

Mumbai-based companies like West Coast Marine Yacht Services, Ava Marines and Marine Solutions, which sell imported yachts and boats, also deal in used ones. For example,West Coast Marine has a portfolio of about 20 pre-owned machines, available between Rs 5 lakh and Rs 5 crore, depending on the size, brand, age and the engine hours clocked.

A Prestige 55 footer costs no less than Rs 15 crores today, but an eight-year-old one can be had Rs 10 crore. A 2009 Sea Ray 350 Sundancer costs Rs 1.8 crore, instead of the original Rs 3.5 crore.

The following table lists more deals: