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Published: August 22, 2007
With over 75 percent of the Earth covered in water, it would seem mere pragmatism to own a boat as means of transportation. For those sea fairing folks who sneer at the prospect of land-lubbing and would prefer to spend the majority of their time on the waves of the deep blue, owning a luxury yacht seems appropriate.
While some people have a mortgage for an opulent home, others opt to take a boat loan for a home that floats. A Luxury Motor Yacht offers suspended mobility, a home that stays in its constant condition while simultaneously relocating at the owner's desire. Luxury mega yachts offers independence and mobility while retaining exquisite refuge for those who enjoy the finer aspects of a sea-faring adventure.
Luxury yachts are available through a wide variety of vendors, from companies specializing in the luxury yacht market to owners of luxury motor yachts. The difference between a luxury yacht and luxury mega yachts is a substantiate price tag. While a traditional 45' luxury yacht can sell below the $1 million mark, luxury mega yachts, which usually is 100' plus, is in the neighborhood of $6 million. For those who can afford a $1 million luxury yacht perhaps another $5 million is a drop in the bucket, but the price tag alone is not the end of costs for such a behemoth boat. Gasoline prices for a luxury motor yachts may drain a child's college fund in a single trip, not to mention docking fees and crew salaries. The difference between petrol prices in a 65' luxury yacht and 100' luxury mega yachts is such a wide spread that the "$5 million drop in the bucket" adds astronomical costs for simple port to port travel.
Fortunately for boating enthusiasts, the newest luxury mega yachts are equipped with lunch box sized batteries that power the massive engines, all the while having both diesel engines and wind power as backups. Should the batteries drain, idling the diesel engines for an hour will recharge them to their full capacity. Whoever thought that in the world of luxury motor yachts, boating would become green?
The M Ship Company is a nautical engineering firm that is pushing the boundaries of watercraft militarily, commercially, and recreationally. Utilizing Two (2) Caterpillar Electronic Marine Propulsion Engines, Model C-30, DITTA rated at 1550 Hp @2300 rpm, for their luxury yacht MO 65, the company is leading the future of environmentally viable engines that do not pollute the waters. The luxury mega yachts produced by M Ship Company are extremely expensive, and many are still in the conceptual stage. Should the company continue its commitment to green luxury yacht construction, the future of the industry may be changed forever. At these prices, acquiring a loan for one of their luxury mega yachts would require a crafty mortgage company and a substantial amount of disposable income.
For those who are interested in financing a boat loan, Jupiter Yacht Brokers offer wonderful introductory rates for first time buyers. If a person wants to invest in a luxury yacht, the current tax laws allow for a luxury yacht to be filed as a second home, lowering both one's tax bracket and borrowing rate. Besides offering low rate loans, Jupiter Yacht Brokers also provide the service as a boat agent, with an extensive catalog of luxury motor yachts on the world-wide market.
Owning a luxury yacht is financially feasible for only wealthy folks, but given the current fears of global warming and melting polar ice caps, Noah may not be the only one who finds that building an ark or owning a luxury yacht, a good idea. With the majority of the Earth's surface covered in water, owning a luxury yacht is a wonderful way to explore the multitude of regions and latitudes around the world.
Sources:
Featured Yachts. JupiterYatchBroker.com. 2005. Mike Burke. 20 July 2007.
http://www.jupiteryachtbroker.com/my_vessels_lis t.asp
The Yacht Gallery. Luxury Yacht Exchange. 2002. Roger Waite.20 July 2007.
http://www.luxuryyachtexchange.com/Yacht%20Galle ry.htm
M 65 Luxury Yacth. M Ship Co. 2007. 20 July 2007.
http://www.mshipco.com/?page_id=22
Luxury yachts are available through a wide variety of vendors, from companies specializing in the luxury yacht market to owners of luxury motor yachts. The difference between a luxury yacht and luxury mega yachts is a substantiate price tag. While a traditional 45' luxury yacht can sell below the $1 million mark, luxury mega yachts, which usually is 100' plus, is in the neighborhood of $6 million. For those who can afford a $1 million luxury yacht perhaps another $5 million is a drop in the bucket, but the price tag alone is not the end of costs for such a behemoth boat. Gasoline prices for a luxury motor yachts may drain a child's college fund in a single trip, not to mention docking fees and crew salaries. The difference between petrol prices in a 65' luxury yacht and 100' luxury mega yachts is such a wide spread that the "$5 million drop in the bucket" adds astronomical costs for simple port to port travel.
Fortunately for boating enthusiasts, the newest luxury mega yachts are equipped with lunch box sized batteries that power the massive engines, all the while having both diesel engines and wind power as backups. Should the batteries drain, idling the diesel engines for an hour will recharge them to their full capacity. Whoever thought that in the world of luxury motor yachts, boating would become green?
The M Ship Company is a nautical engineering firm that is pushing the boundaries of watercraft militarily, commercially, and recreationally. Utilizing Two (2) Caterpillar Electronic Marine Propulsion Engines, Model C-30, DITTA rated at 1550 Hp @2300 rpm, for their luxury yacht MO 65, the company is leading the future of environmentally viable engines that do not pollute the waters. The luxury mega yachts produced by M Ship Company are extremely expensive, and many are still in the conceptual stage. Should the company continue its commitment to green luxury yacht construction, the future of the industry may be changed forever. At these prices, acquiring a loan for one of their luxury mega yachts would require a crafty mortgage company and a substantial amount of disposable income.
For those who are interested in financing a boat loan, Jupiter Yacht Brokers offer wonderful introductory rates for first time buyers. If a person wants to invest in a luxury yacht, the current tax laws allow for a luxury yacht to be filed as a second home, lowering both one's tax bracket and borrowing rate. Besides offering low rate loans, Jupiter Yacht Brokers also provide the service as a boat agent, with an extensive catalog of luxury motor yachts on the world-wide market.
Owning a luxury yacht is financially feasible for only wealthy folks, but given the current fears of global warming and melting polar ice caps, Noah may not be the only one who finds that building an ark or owning a luxury yacht, a good idea. With the majority of the Earth's surface covered in water, owning a luxury yacht is a wonderful way to explore the multitude of regions and latitudes around the world.
Sources:
Featured Yachts. JupiterYatchBroker.com. 2005. Mike Burke. 20 July 2007.
http://www.jupiteryachtbroker.com/my_vessels_lis t.asp
The Yacht Gallery. Luxury Yacht Exchange. 2002. Roger Waite.20 July 2007.
http://www.luxuryyachtexchange.com/Yacht%20Galle ry.htm
M 65 Luxury Yacth. M Ship Co. 2007. 20 July 2007.
http://www.mshipco.com/?page_id=22
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