Tag: Selling boat

How to maximise your profit when selling a boat

Boat yacht

When selling a boat, it can be difficult to know if you’re selling for the right price. This is because there are many variables that go into selling a boat – including location, size of boat, and condition of the boat. However, there are some basic guidelines to make sure you generate as much profit as possible when selling your vessel.  We’re going to explore a few ways to get the best bang for your buck when selling your own boat! Selling Strategy The first thing you need to think about when selling a boat, is your selling strategy. This will depend on your personal preferences and the type of boat that you’re selling. For example, if it’s an old boat then selling privately is likely going to be more profitable as opposed to selling at auction or through a dealer where profits are often less. It is a good idea, in general, to consider selling privately to generate the most profit, especially if your boat is old or in poor condition. If you plan on selling through a dealer then it’s best to go with reputable dealers that are known for giving their customers excellent deals and customer service. Restoration, Maintenance Or Cleaning Many people selling their boat will often overlook the value of cleaning, restoring or maintaining their vessel before selling. This is because it can be a lot of work to get done and they assume that potential buyers are looking for bargains. However, giving your boat a quick clean, polish or… Read More