whiteout said..Vendor finance is for real estate not yachts the seller what's the full price up front not 25years later. Len you must think yachties are stupid . I live aboard my yacht and have done so for the last 10 years boating is either very pleasing pastime or very expensive and usually a bit of both. I have spent a small fortune keeping my boat up-to date and seaworthy.
You stick to buying a house

I lived on this for the first 8 years then saved enough money for a bigger yacht good luck in your endeavours.
I can see who the stupid 1 is , you can buy yatchs on vendor finance because they are so hard to sell there was a 122foot in fremantle about 3 months ago the owners paid someone $30,000 to take it away , cost them more than the sale price in mooring fee,s than what they where originally asking for it ,But thats just too big. I know of a yatch in gladstone been for sale for 3 years I know of , they nearly ready to give it away 42 foot needs a tidy up built of steel good paint , Ther is any amount of yatchs 60 foot and up offered with vendor terms , but thats the millionaires boats from $300k up to 1 mil plus , acording to your coment they the stupid ones , If there so stupid how come there millionaires ??????????????