Originally Posted by xeon_tsd
Yes some people do have all cash upfront but that is NOT the majority.
My impression is the exact opposite. That is, the majority of people who buy boats that are more than 5 or 10 years old are paying cash, not financing. New boat buyers, sure. Most of them finance. But at the age that you're looking, I believe it is the minority who are dependent on financing.
But that's just my impression. An opinion. Like yours. That is, unless you have some solid data to back up your statement.
Now, if I am correct, then what you need to worry about is the type, brand, equipment
, location, and so on that will provide the best resale value, rather than just how easy it will be for someone to finance. Basically, you want the broadest possible range of buyers. Get something that is too specific to a particular type of sailing, or a particular area, and you limit your potential buyers, which inevitably limits your boat's value (just can't avoid that old law of supply and demand).
So, for example, I live in Florida
. There is a lot of shallow water
around here. Try to sell a boat that draws 7' of water
and you'll find precious darned few people even willing to talk to you. Sure, you might get lucky, and find the one guy in 10,000 who wants to buy the boat and immediately take it away to a deep-water area. But he is going to know about the market for boats here, too, and he'll know that you have to cut him a good deal unless you want to sit on it for 5 years trying to sell it.
It may sound counter-intuitive, but you do not want your boat to stand out from the crowd. If it does, it will appeal to a more limited range of buyers. If it is indistinguishable from the vast majority of boats on the market, wherever you happen to be selling it, then it will be easy to establish a value for, and easy to sell. That's what you want.
These are the kinds of things that you need to think about, in my opinion. Good luck.