Question 1

How much does an expedition yacht Restomod cost compared to a new build?

Accepted Answer

A commercial vessel of equivalent or superior engineering pedigree can be acquired and rebuilt as an expedition Restomod for 20-40% of the cost of a comparable new build. Working ranges from current Xplorer engagements: Commercial Restomod $15-22M; Expedition New-Build $80-110M; White-Yacht equivalent $95-140M.

Question 2

How long does a commercial-to-yacht conversion take?

Accepted Answer

Typical time from signed acquisition to sea trials on a commercial Restomod is 18-24 months. A clean-sheet expedition new-build typically runs 36-48 months. A white-yacht new-build of equivalent length typically runs 36-54 months.

Question 3

What is the engagement and fee structure with Xplorer Yachts?

Accepted Answer

Every engagement begins with a written engagement letter and a fixed retainer of $15,000 which covers qualifying, technical review, and travel. The retainer credits against any commission earned. Acquisition commissions are paid by the seller; new-build and Restomod fees are paid by the owner under a separate owner's-representative agreement, disclosed in writing.