You don't want to wait forever. Especially not if you have already found your dream boat; if it needs to be ordered now; if you have examined it extensively; if you have chosen the right dealer; if friends and family have approved the purchase. The following points could still be important for the financing of your boat:
Buying a boat or your own yacht has a lot in common with buying shoes: the area of use, quality and size have to fit.
The field of application must be well defined. You don't go hiking in ballet shoes, or go to tango lessons in ski boots; shoes that are too big or too small are even worse. Likewise, you should choose the type of yacht before determining the term and monthly rate of a loan to finance a boat that does not fit your wishes and needs at all. An explorer yacht fits just as little on the race track as a fishing boat does on a family trip.
So the boat size and type of your boat must fit. Your motor yacht must be big enough so that everyone on board has space and can feel unrestrictedly comfortable on vacation and leisure time.
And finally, you also need quality. Before you fulfil your dream of owning a yacht or a new boat and reveal maritime elements to your loved ones, make sure of the sturdy boat construction and the high-quality equipment.
This is where yacht financing or boat financing from go boating comes into play: If only yachts with two more feet are suitable for you or you need a quality brand from the boat dealer, you may have to save for years and wait a long time to acquire your own yacht. Or it could be quick and you can come to us: we have long terms and correspondingly low monthly rates for you. If you decide to finance a yacht or boat with a loan or if you are interested in leasing, go boating will be happy to help and advise you.
As with the choice of a partner, the same applies to the purchase of boats and yachts: you don't necessarily have to fall in love – but it would be better...
This topic is underrated; even motor boats and motor yachts from the very top shelf sometimes have technical problems. A professional boat seller will not let you down as a customer even after you have completed the purchase of your boat. He knows what to do, and he does. And he can be there.
A good dealer is just as important for boat or yacht financing. He sends the correct boat documents for registration, reliably applies for payment and delivers boats on time. And of course we can regularly check his creditworthiness within the framework of the KYP requirements. This is the only way you can entrust him with your down payment for the financing.
Down payments to finance a boat with a loan are often due long before the delivery date. The same can apply to motor yachts or large yachts for payments according to construction phases. This risk cannot be completely eliminated by financing a boat or yacht, because the loan is only paid out after the yacht has been built and delivered. However, it can be minimised. After all, a large part of the payment does not come from you. In addition, every boat seller at go boating goes through an examination before we agree to finance a boat in monthly instalments.
England produces great motor yachts. However, new boats or new yachts in particular should often be purchased by paying in pounds sterling. Although your loan agreement is in EUR, we can distribute the monthly instalments of the loan in GBP.
In most cases, the legal nature of the contract is based on the consumer law of the borrower. A German customer should therefore choose German contract law if possible, a Dutch one Dutch etc. Register law and flag law should then be aligned with the choice of contract law. German customers could then register in Hamburg, for example, and consequently sail with the German flag.
In principle, we can provide financing services to German, English, French, Italian, Dutch and Spanish customers according to their respective national law.
In exceptional cases, however, a combination may also be useful in the case of boat financing. Thus, some – not all – contract rights can be combined with foreign flags. In individual cases, we tailor our services directly to the needs of our customers.
Contact us, we look forward to advising you!
Do you want to finally fulfil your dream of owning your own yacht this year? Unlike your bank, we at go boating specialise in the financing of yachts. We will be happy to create a tailor-made financial plan for you that is tailored to your individual needs. How many years your leasing should run for or the term of your loan depends entirely on your budget.
Find out everything about our consumer loans and the possibility of French leasing here.
Do you have questions about yacht financing and need advice on which type of financing is right for you?
We will be happy to advise you and create an individual offer for you.