How to sell a boat and make enough cash for an upgrade

Lifestyle | 31 Dec, 2019 |

Owning a boat can be a great pleasure. There’s nothing like the peace you can find on the open water. However, the first boat you buy might not everything you imagined. Eventually, you might be hungry to level up and get an even better boat.

If this is your plan, you’ll likely want to sell your current boat and use the profits to upgrade to an even nicer one. However, do you know how to sell a boat? It can be difficult to do so and secure the true profit you need to level up.

Need help determining the best ways to sell a boat? Read on and we’ll walk you through everything you need to know.

Make Sure You Market It Heavily

It doesn’t matter what kind of boat you’re selling: speed boats, fishing boats, a yacht; it’s all the same. If you don’t take the time and effort to properly market your boat, you won’t find the seller you want to find.

You need to budget a little bit towards advertising your sale. It’s best to place ads in your local boating press so word of your sale can get in front of the individuals who would be interested. It might also be worth putting ads in larger less boat-focused newspapers, just in case.

In your ads, make sure to include the basic details of your boat including the size and availability. If you can include a picture you should, as photos often draw in more interested parties. You can also rent a lot somewhere off the highway and put the boat on display so drivers who pass by can see and it and stop.

The more you can get the boat in the eyes and minds of others, the better chance you have at selling at a good price.

Have It Ready To Show

Just like selling a home, you want to put your best foot forward when showing off your boat to a potential buyer. That means keeping the boat clean and mostly free of personal items. It’s important that this potential buyer can see themselves owning this craft, which means not associating it too much with your personal items.

You might want to turn the engine to the boat on up to an hour before the potential buyer arrives. An engine that has trouble starting in front of a buyer is almost certain to turn them off and kill your potential sale.

Spray on wax for boat furniture is an easy investment and something that is easy to apply right before a buyer arrives.

Have Your Paperwork Ready

You don’t want to kill a sale that’s ready to go by not having the proper paperwork ready. Make sure you have the title, registration, title, and other such things handy.

In fact, if you can have them in an easy-to-present buyer it can make you look organized and on top of things. It’s an easy extra step to impress a buyer and make them feel more confident in doing this transaction with you.

How To Sell A Boat

Do you know how to sell a boat and make a profit? The above advice can really help you get the profit you need and can set you up for an excellent upgrade.

Need more sales advice? Check out our website for more.

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