Australian Link Directory

Just as with any motor vehicle, there will come a time when you will want to get another motor boat. So what does one do with the old one? No doubt you would want to sell it for a good price. Start by asking yourself what the boat is worth. Unfortunately most boat reviews tend to exclude the values of second hand boats on the market. Exactly how much you can expect from your used power boat will depend on a variety of factors such as its brand or manufacturer, its age and the condition in which you have kept it. Many a time you will have to get the boat valued for insurance purposes and this can be a great source of an estimate on the value of your used boat.

With a bit of luck you may find a dealer who will help you value and sell your used power boat. However, dealers will probably give you a low value on the boat so as to make a considerable profit on the sale. The blue book does give you a high and low value for a used boat, but with a dealer you can expect to only be offered the lower price, as is the only way for him to make a profit on the transaction.

Of course the valuation officers of insurance agencies and banks are a good source of a more accurate value on your power boat. If you are lucky then the manufacturer of your new power boat will let you trade in your old one so as to have a convenient transaction and deducted payable amount on your purchase.

You will be amazed to know how quickly the value of a power boat can drop over a short period of time. This is of course thanks to the constant improvements in technology and design that the market sees. So before you buy a new boat it is wise to check out the staying power of the models you are looking at. The most fashionable boats that you see at the dealers may not have the longest staying power. In such case you will be at the losing end when it is finally time to trade that boat in for another one.

There are a few things you could try to maximize the chances of getting a better deal when you trade in your used power boat. Firstly you must take good care with the presentation of the boat itself. Make sure it is spic and span, and in fine working order to get the best price for it. You are trading in the boat, and you need to be the salesman to the dealers in such case.

If you get your timing right, you should be selling your boat at the beginning of the boating season in the area. That is when the prices reach their peak, both in terms of new and used boats.

Apart from the boat?s working order, think about its cosmetic condition. The first impressions are often the lasting ones as we all know, so clean out any junk you may have accumulated on your boat. Make sure it looks clean and tidy, and maybe you could even patch the paintwork if it can be done inexpensively.