18 Jul Increasing Yacht Value With A Fresh Paint Job
Increasing Your Yacht’s Value With A Fresh Paint Job
When you buy your yacht, selling it later on is the last thing on your mind. Instead, you’re thinking about all of the fantastic things you can do with your new toy. Eventually, though, you may want to sell your yacht. When you do, wouldn’t it be nice to get all your money back, or even make money on the transaction? The way you can do this is by raising your yacht’s value. This is not as hard as it sounds. Just like for a home, a renovation can increase the value of a yacht dramatically. One of the critical portions of a renovation is getting a fresh paint job. Below, we’ll explain how yacht painting can increase the value of your yacht.
In the sales world, two major factors go into pricing a product. The first is function. In the case of your yacht, that means it should be comfortable, the engine should run well, the deck should be in good condition, etc. That being said, almost any yacht on the market will have similar functionality to yours. So what sets you apart? Presentation. A striking paint job will make your yacht sparkle more than the others on the market. That will lead to extra attention, higher value, and easier sales.
Applying An Age Old Sales Strategy
If you’ve ever sold a home before, you probably know about the following sales strategy: Giving it a fresh paint job. Above, we explained theoretically why aesthetics matter but presented nothing to back that up. What backs up that claim is how common of a sales tactic this is. Realtors are some of the most experienced and skilled salespeople in our society. They understand the ins and outs of human psychology and know precisely what to do to get a sale. Almost every time a realtor is brought in the sell a house, they give the home a fresh paint. You can apply this same principle to your yacht. A cleaner presentation will raise the value of your yacht significantly, and if you choose to sell it, will make buyers swoon.
Even if you have no plans to sell your yacht, it is still a good idea to get it to tip-top shape. While you won’t be impressing buyers, you will impress everyone else. You will take more pride in your yacht, your friends will compliment it more, and even strangers will comment on how beautiful it is. That kind of attention is worth it even if you’re not selling.
Aesthetics matter, and they especially matter if you plan to sell your yacht. One simple thing that can raise its value significantly is getting a fresh paint job. That added sparkle will garner attention and is guaranteed to increase the value of your yacht. If that sounds like something you’d like, you should explore yacht painting.
If you’ve decided to get your yacht painted, it is best to choose a company with experience and an excellent reputation. That’s exactly what you will get with Chi Yacht Refinishing. Visit our about us page to learn more.