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Boat Sales - Know The Basics

By Abhishek Agarwal


Having the know-how about selling a boat is nearly as important as knowing how to buy one. You would obviously want to get the best possible price for your boat without scaring your potential clients away. Here are a few tips to help you with your boat sale experience. Remember to tell you potential buyers a fair amount of what you honestly think of the boat. It will almost always be a waste of time to try and hide any of its drawbacks. The buyers who are looking for second hand boats usually will know a fair deal about what a boat should be, and if they don't they will probably be accompanied by a friend or relative who can advise them regarding the same. When they see you are being honest about whatever may be wrong with your boat, chances are they will appreciate the gesture of honesty and go ahead and try and make the deal with you - as long as the boat is still in decent shape of course.

First, fair pricing of the boat needs to be done by getting an estimate of its worth. You can consult a professional and put an official value on the boat by having it appraised or follow value estimated in the marine blue booklet and estimate based on accessories and depreciation value of the boat.

It is a pretty serious affair to establish the current value of a boat. You could make a start by getting to know the present going price and deducting depreciation value. Next, add value of accessories along with their condition. This should help you ascertain a fair price both for you as well as the potential clients.

Knowing when it is time to sell your boat

Apart from price setting, you should know when to sell your boat. Take for example making an effort to sell a boat in the winter months will not fetch you potential buyers and may leave you disappointed. However, when you make an attempt to do so at the beginning of boating season may you will probably have buyers flocking to your product and for good prices to match. This lessens the effort you need to take. Therefore, take advantage of the due season to sell your boat.

A little on how one can sell a boat

Knowing how to sell a boat basically means you have it all planned out to the very last detail. All paperwork should be ready and available because misplacement of documents could delay your sale or help lose your potential buyer. The boat should also look its best on display. When you take care of these little things all else should comfortably slip right in to place.

About the author

Abhishek has a passion for Boating since the last 30 years! Visit his website http://www.Boating-Guru.com and download his FREE Boating Report and learn some amazing Boating tips and tricks for FREE! Also discover some excellent ways to finance your Boat. But hurry, only limited Free copies available!
http://www.Boating-Guru.com
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In June 1998 the European Union (EU) initiated a Recreational Craft Directive (RCD) which introduced minimum standards that new boats built within the EU or imported into it have to meet. This directive applies to all pleasure boats with a hull length of more than 2.50 metres but less than 24.00 metres, and it divides the boats into four categories of sea going suitability. This can only be used as a guide as they give minimum standards only. Note that January 2005 saw an amendment to this directive come into effect. For more detailed information about this directive please go to www.dti.gov.uk/strd/recreat.html.
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