Do you dream of sailing over the horizon in your own sailboat? If so, one of the biggest questions you probably have is, How much is the boat?

In this episode, we break down the cost of our Tartan 37, going into the buying process, closing expenses and transaction costs in detail. We talk about how we prepared financially for making the transition to cruising life, by paying off all debts (student loans), acquiring passive income streams, and saving for the boat itself. We discuss the upgrades we made before we left the dock, and detail the cost of each upgrade.

How did we manage to stick to (well, very close, anyway!) our budget? A handful of fancy spreadsheets! (Links below) These financial tools we developed were incredibly helpful in taking the guesswork out of the boat buying process. They help answer questions like:

  • Is the boat I’m interested in priced fairly?
  • What should my offer price be?
  • How much will the upgrades cost?
  • Should I pay cash or finance a boat?

Even after setting our goal of buying a cruising sailboat 10 years ago, we took a long wandering path through a series of wrong turns to get to where we are now. Our aim with this video is to arm you with a set of tools to help you navigate your boat buying experience like a pro.

Hope you enjoy!
Lauren & Kirk

P.S. If you’d like more Sailing Soulianis content or would like to support our video production, consider becoming a patron here: https://www.patreon.com/sailingsoulianis

LEARN FROM OUR EXPERIENCE:
How to Buy the Right Sailboat for You
How Much Does it Cost to Buy a Bluewater Sailboat?

FINANCIAL TOOLS:
Boat Buying Dashboard
Buy with Cash or Finance – COMING SOON! Click here to join our mailing list to be notified when this tool is available: https://sailingsoulianis.com/#sign-up


Patreon: https://www.patreon.com/sailingsoulianis/
Instagram: https://www.instagram.com/sailingsoulianis/
Facebook: https://www.facebook.com/sailingsoulianis/
Youtube: https://www.youtube.com/sailingsoulianis/

WE’RE LOOKING FOR MUSIC! If you or someone you know makes good tunes, give us a shout at hello@sailingsoulianis.com.

Music:

Warm Nights – Lakey Inspired https://soundcloud.com/lakeyinspired
Cup Of Joe – Bonus Points https://soundcloud.com/bonuspoints
A Cold One – Bonus Points https://soundcloud.com/bonuspoints
Latin Fling – Bonus Points https://soundcloud.com/bonuspoints
Looks To Kill – Bonus Points https://soundcloud.com/bonuspoints
Adventures – A Himitsu https://youtu.be/8BXNwnxaVQE

Our camera gear:
Canon 80D – http://amzn.to/2D6T6kO
Canon M6 – http://amzn.to/2Dyzya0
DJI Mavic Pro – http://amzn.to/2FEiQGT
RODE VideoMic GO – http://amzn.to/2FEfOSZ
GoPro Hero 6 Black – https://amzn.to/2G3ZCtk
FeiyuTech G6 Gimbal – https://amzn.to/2JHoSfE