Upgrades to Add To Your Boat To Increase Its Resale Value

04 Apr 2023

A boat cruising at nighttime while its cabin is illuminated with interior lighting

So, you’re considering selling your boat and want to get the most value for it as you can. After all, you want to make up the costs you’ve put into your boat. And anyway, a boat is a good investment for you to earn some cash, right?

Well adding cool and new upgrades to your boat can increase its chances of being sold at a high price; especially if your boat is just a few years old. In this article, we will assist you in getting as much value for your boat and pushing the price of your boat up when selling.

The first thing to do is work out the price of your boat in its current state so you have a baseline figure to work with. Once you have this number, it’s time to start improving the boat to get the most value. Now, before we get into tips and tricks to increase the value, if your boat is already in top condition, these ideas will add a few hundred dollars to the value so you’ve got to balance out whether it’s worth it or not to add certain things. Here are some tips to do (if you haven’t done them yet) to upgrade your boat’s resale value:

Add Portable Power

Electronic power is a challenge for many boaters, so adding portable power to your boat is an excellent upgrade for your boat. The last thing you want is to end up with a dead battery after you’ve been running your electronics all day.

A compact portable generator or a house battery with a selector switch are just some of the great options you can put inside the boat. This will allow anyone who will use your boat to run devices such as electric coolers, flat-panel TV screens, and high-end stereo systems as well as charge their smartphones and other electronics.

Update All Your Boating Equipment

Prospective buyers love a long list of additional equipment, so consider updating your supplies with new, up-to-date versions. It’s worth investing in updating your boat supplies such as life jackets to ropes and even emergency equipment such as flares and first aid kits. All of it will make a buyer feel they are getting an excellent deal and ultimately add value to your boat.

Add Lighting

If you want to improve the ambience of your boat instantly, update your onboard lighting. While recessed LED lighting is ideal for large boats, smaller boats like your Quintrex boat will do well with LED lighting strips. Try adding them under counters, below the front of your seat cushions, and around speakers and cup holders. You can get creative with the style and colour to create a cool-looking boat that is sure to turn heads. This small upgrade will not only give your boat a definite “cool factor” but will also make it more energy-efficient. Many of the LED strip lights on the market today simply attach with an adhesive, while others are drilled in to ensure a secure fit. The drilled-in ones will bring you the best resale value.

Replace Old Wirings

Give your boat an overhaul by letting a marine electrician replace your old or tired wirings in your boat. They know how to make the wirings look neat and organized and place them in nooks where they won’t get damaged or stripped off. Once they’re all kept nicely, you’ll be gazing in satisfaction at your new streamlined wiring…and so will your potential buyers.

Give Your Boat a Brand-New Canvas and Flooring

Nothing screams tired and unloved more than a tatty boat canvas. Replace the sad-looking canvas with a brand-new and shiny canvas. This will create a big cosmetic impact on your boat and make it look even prettier. Don’t forget to also replace the lacklustre, drab flooring as well. When choosing a new canvas or flooring, consider how it will look, as well as its functionality. There are many designs to choose from so use this opportunity to really make a statement.

Keep It Clean at All Times

While this might sound like an obvious thing to point out, keeping your boat clean and tidy, all year round does more than make it simply look good. In doing so you will spot any small scratches or areas of mould or damage and act on them fast. This will save you money in the long term since you get to nip problems in the bud before they grow into big and expensive problems. Do regular maintenance to your Mercury boat engine, fix those little issues with the flooring, and clean your boat hull every month, and you’ll get to enjoy your boat looking its best as well as keep the value up for when it comes time to sell it.

 

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