Tuesday, February 10, 2015

Best Ways To Sell My Boat

By Beryl Dalton


Selling your property, regardless of what it is, can turn into a thankless task to those who have never done it before. Determining a fair price as well as the smallest amount you would be willing to settle for involves diligent research. Selling boats might involve comparisons to like models built in the same year. It is no surprise that internet searches for sell my boat are relatively common.

Determining the value of a vessel can be done online by searching the model and design of the craft and finding those that are for sale. Looking at listings in magazines devoted to boating and water sports or visiting local dealers that handle similar vessels are also viable options. Variations in price can be caused by upgrades and upkeep that have been done.

Being careful about the care of your vessel while you own it will pay off when you are ready to put it on the market. Complete records of maintenance and upgrades are very helpful. Cleaning and waxing the hull and all exposed surfaces at least once a year will help preserve it. Keeping it covered during the months when not in use saves the upholstery from damage. Sailboats need rigging and masts inspected often for signs of stress and wear. Rinsing the trailer after use will help prevent rust and corrosion from salt water.

Placing your vessel on the market will involve deciding what type of venue you want to use to advertise the sale. The internet offers reasonably priced sites that can give you a much broader audience than most printed material. Boating magazines that feature classified ads are another option along with newspapers and social media.

Once your ad has been published you will need to be able to determine which callers are serious buyers and which are shoppers. You will want to beware of internet scam artists too. Shoppers will waste your time while scammers can steal your information and invade your life with devastating results.

As a measure of protection meet any potential buyers face to face. You should be able to sort out the shoppers and scammers by their lack of knowledge regarding boats and boating. Using a wire transfer as the method of payment will protect you financially. There is a fee for this service but banks are very well acquainted with the process. Be certain that the deposit has been finalized before you give the buyer the keys.

Gather all pertinent documents for easy access after the sale. You will need a bill of sale, the vessels title, the title and registration for the trailer and proof that the vessel is paid in full. Many sellers add the maintenance records and warranty cards as a convenience to the new owners.

Once you have canceled the ads online or in the papers and called the insurance company to terminate the coverage you will have completed the sale of your boat.




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