Selling A Boat? Know All The Details Involved In the Process

26 Apr 2023

Selling a boat that’s been with you for some time is one of the most drastic decisions you can do as a boater, but if you’ve already got your replacement picked out, in many cases you’ll have to part with the old one unless you need it for commercial purposes or you can afford in maintaining two boats. While selling a boat can sometimes be a long and tricky process there are some ways you can do to help speed up the sale. Here are some tips and tricks you need to know about selling a boat:

What is the Best Strategy for Selling a Boat?

The most effective way to sell your boat is to target the right boat buyer. Identify the kind of buyers who are searching for exactly the type of boat you are selling and then figure out how to reach them. For example, if you’re offering a high-performance Quintrex boat for sale, you’ll most likely want to target buyers who are boating in areas around lakes and protected inland waterways since these waterways are usually spots for leisure cruising and angling activities.

Below are more strategies you can do to sell your boat:

  • Determine if you are going to sell the boat yourself or work with a broker or dealer.
  • Make sure the boat looks good and it operates well.
  • Research the price of similar boats taking the make, model, size, and age into consideration before you decide on an asking price.
  • Advertise your boat.
  • Show the boat to potential buyers to quickly seal the deal.

What’s the Best Site For Selling a Boat?

Boats.com offer some great selling options for boat owners and this site can be used by anyone from every corner of the world. However, there are also other great options for selling your boat online as well. It all depends on the type of vessel you’re selling and the kind of boat buyer who would be most interested in purchasing your boat. For larger yachts, you may want to check out YachtWorld where buyers are searching for luxurious, ocean-going yachts that can be used for various commercial and recreational purposes from running their own fishing charter. If you have a trailerable boat under 35 feet, BoatsOnline and BoatSales are great places to reach a mass audience of boaters of all levels and interests in Australia. If you’re feeling overwhelmed by the process or don’t have the time to manage it yourself, try hiring a professional boat broker or bring your boat to dealerships to sell your boat. These professionals will take a commission but they typically sell the boat for more money and tend to have a great network of well-qualified, interesting boat buyers.

How To Know The Worth of Your Boat

Many boaters ask the question of how much their boats are worth when they’re considering selling them. This can be a tricky question to answer since there is no definite amount that one can decide. There are so many variables to consider when assessing the value of a boat. These range from the most obvious, such as the age and condition of the vessel, to things like boat accessories add-ons, customizations, electronic equipment and gear, location, and even the boating season.

How to Sell a Boat Quickly?

If you’re looking to sell your boat quickly, try setting the price to just below what you see most of the others in its class listed for in your location. Take great on-the-water photos to grab attention and have them ready to show to interested buyers. Another recommendation would be to target the type of keywords buyers would be looking for in your ads, such as location, boat brand, hull type, and amenities. For example, if you live in Geelong, Australia, you can add these words in your listing “used boat for sale Geelong”, or “fishing boat Geelong”.

When is the Best Time to Sell a Boat?

The best time to sell a boat for many boaters is during the spring since many boaters are getting ready to get back out on the water. If you’re staying in warmer areas, you may find there are interested buyers during every season. When you’re selling a boat online you can reach interested buyers any time of the year.

 

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