Go Back   Winnipesaukee Forum > Winnipesaukee Forums > Boating
Home Forums Gallery Blogs YouTube Channel Classifieds Links Calendar Register FAQDonate Members List Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Display Modes
Old 05-17-2021, 08:28 PM   #1
Liquorish
Senior Member
 
Join Date: Jul 2004
Location: Medfield Ma & Meredith Nh
Posts: 89
Thanks: 5
Thanked 13 Times in 11 Posts
Default Best way to sell a boat

Wanted some advice from forum members on the best way to sell my boat.
Contemplating, haven't yet fully decided to do so, but in case I do. Where have you all had the best luck, concerned about tire kickers, and not so serious buyers.
Any suggestions would be appreciated.
Liquorish is offline   Reply With Quote
Old 05-17-2021, 09:09 PM   #2
8gv
Senior Member
 
8gv's Avatar
 
Join Date: Jan 2012
Posts: 1,622
Thanks: 49
Thanked 563 Times in 360 Posts
Default

Are trying to maximize your walk away money or minimize your aggravation?

In 2015 I sold a boat by brokering it with Irwin Marine.

It sold in a week.

It went for list price.

After their cut I had more cash left than I thought selling it myself might bring.

After I brought them the very clean boat there was ZERO effort on my part.
8gv is offline   Reply With Quote
Old 05-17-2021, 09:14 PM   #3
TheTimeTraveler
Senior Member
 
Join Date: Aug 2015
Posts: 564
Thanks: 173
Thanked 176 Times in 99 Posts
Default

Quote:
Originally Posted by 8gv View Post
Are trying to maximize your walk away money or minimize your aggravation?

In 2015 I sold a boat by brokering it with Irwin Marine.

It sold in a week.

It went for list price.

After their cut I had more cash left than I thought selling it myself might bring.

After I brought them the very clean boat there was ZERO effort on my part.
And it is highly likely that whatever that boat sold for six years ago could be worth the same (if not more) today,

There is a serious shortage of new boats (just like new cars) and it has forced prices up on both new and good used boats.

Sounds like Liquorish just won the lottery!
TheTimeTraveler is offline   Reply With Quote
Old 05-17-2021, 09:19 PM   #4
8gv
Senior Member
 
8gv's Avatar
 
Join Date: Jan 2012
Posts: 1,622
Thanks: 49
Thanked 563 Times in 360 Posts
Default

When I sold with Irwin I also bought a larger brokered boat from them.

Just last week the salesman told me I would now likely get what we paid for it back then!

If it weren’t for the season that is already upon us I might sell now and buy new.
8gv is offline   Reply With Quote
Old 05-18-2021, 09:33 AM   #5
loony
Senior Member
 
loony's Avatar
 
Join Date: Apr 2004
Posts: 89
Thanks: 0
Thanked 8 Times in 7 Posts
Default

Sold our boat on consignment at meredith marina. They even picked up the boat. Sold in about a week. We did make sure it was spotless before they came and got it.
loony is offline   Reply With Quote
Sponsored Links
Old 05-18-2021, 10:36 AM   #6
winterh
Senior Member
 
Join Date: Jun 2009
Location: Rye,Wolfeboro
Posts: 191
Thanks: 20
Thanked 102 Times in 42 Posts
Default

If one was going to sell themselves how do you determine a fair price. I paid 72k new seven years ago. I googled my boat with year and model and found about a dozen spread across the country. Seems to be quite a range. Low at 50k in Florida to over 70 in Nebraska. Most in the low 60's. These are asking prices so who knows what they sell for. Does area of country have a large bearing on price?
winterh is offline   Reply With Quote
Old 05-18-2021, 10:45 AM   #7
burgerunh
Senior Member
 
Join Date: May 2016
Posts: 56
Thanks: 0
Thanked 13 Times in 10 Posts
Default

If your boat is in good shape, and ready to go, it should be easy to sell in this market. The prices right now are astronomically high so shoot for the moon and see what happens. You can always negotiate or lower your price after a couple of weeks. Craigslist and Facebook Marketplace should be all you need to advertise. Good Luck!
burgerunh is offline   Reply With Quote
Old 05-18-2021, 12:10 PM   #8
thinkxingu
Senior Member
 
thinkxingu's Avatar
 
Join Date: Jul 2014
Posts: 4,434
Thanks: 1,075
Thanked 1,433 Times in 858 Posts
Default

Quote:
Originally Posted by burgerunh View Post
If your boat is in good shape, and ready to go, it should be easy to sell in this market. The prices right now are astronomically high so shoot for the moon and see what happens. You can always negotiate or lower your price after a couple of weeks. Craigslist and Facebook Marketplace should be all you need to advertise. Good Luck!
Agreed. Throw it up on Marketplace or the I Boat Facebook page with a reasonable asking price (which is higher than normal to begin with) and it'll sell by the weekend.

Sent from my SM-G950U using Winnipesaukee Forum mobile app
thinkxingu is offline   Reply With Quote
Old 05-18-2021, 12:19 PM   #9
burgerunh
Senior Member
 
Join Date: May 2016
Posts: 56
Thanks: 0
Thanked 13 Times in 10 Posts
Default

Quote:
Originally Posted by winterh View Post
If one was going to sell themselves how do you determine a fair price. I paid 72k new seven years ago. I googled my boat with year and model and found about a dozen spread across the country. Seems to be quite a range. Low at 50k in Florida to over 70 in Nebraska. Most in the low 60's. These are asking prices so who knows what they sell for. Does area of country have a large bearing on price?
I would say that absolutely region of the country impacts the price. You figure a boat in Florida probably gets a lot more use and abuse than one in Nebraska. The one in Nebraska is likely used in fresh water only and stored half the year. The one in Florida was probably used in saltwater and used year round.
burgerunh is offline   Reply With Quote
The Following User Says Thank You to burgerunh For This Useful Post:
ApS (05-18-2021)
Old 05-18-2021, 12:41 PM   #10
Descant
Senior Member
 
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 2,872
Thanks: 836
Thanked 1,069 Times in 669 Posts
Default Storage?

As we've seen on other threads, a dock or slip can make or break a sale. If you have a slip or valet, don't give it up because you aren't using the boat this year. Access to a slip may be worth a lot in determining eventual sale price.

I've bought and sold several boats with Irwin Marine. Good people, and their long standing good reputation makes for good relations with potential buyers.
BTW, it's easier to sell if the boat is in their yard, not at your dock or front yard.
Descant is offline   Reply With Quote
Old 05-18-2021, 12:53 PM   #11
Biggd
Senior Member
 
Join Date: Nov 2016
Location: Waltham Ma./Meredith NH
Posts: 3,181
Thanks: 1,464
Thanked 924 Times in 576 Posts
Default

Quote:
Originally Posted by Liquorish View Post
Wanted some advice from forum members on the best way to sell my boat.
Contemplating, haven't yet fully decided to do so, but in case I do. Where have you all had the best luck, concerned about tire kickers, and not so serious buyers.
Any suggestions would be appreciated.
You might want to ask a couple of the local marina's. A buddy of mine bought a used Pontoon boat last year that had sat outside in the sun too much with no cover so the interior was very dry and faded. He paid 35K for it, used it all last season the way it was but this year he decided he wanted to put all new seats in it. He asked the marina that he uses for a price and they told him they would buy the boat the way it was for 50K. They said after they redid the interior they could sell it for 70K. They have no boats, new or used. It's a great time to sell!
Biggd is offline   Reply With Quote
The Following User Says Thank You to Biggd For This Useful Post:
welovethelake22 (05-21-2021)
Old 05-18-2021, 05:38 PM   #12
Liquorish
Senior Member
 
Join Date: Jul 2004
Location: Medfield Ma & Meredith Nh
Posts: 89
Thanks: 5
Thanked 13 Times in 11 Posts
Default

Guess I’ll give the dealer whom I purchased from a call. I like the idea of not much to do on my part! That being said, might be an easy sale on my own too. It’s gently used, 63 hrs and a 2020.
Liquorish is offline   Reply With Quote
Old 05-18-2021, 07:28 PM   #13
Ms Molly McKever
Senior Member
 
Join Date: Jan 2009
Posts: 79
Thanks: 31
Thanked 15 Times in 9 Posts
Default

Quote:
Originally Posted by TheTimeTraveler View Post
And it is highly likely that whatever that boat sold for six years ago could be worth the same (if not more) today,

There is a serious shortage of new boats (just like new cars) and it has forced prices up on both new and good used boats.

Sounds like Liquorish just won the lottery!
Any one know fee the marina's around the lake charge for selling a boat. Is it a flat rate or a %
Ms Molly McKever is offline   Reply With Quote
Old 05-18-2021, 09:19 PM   #14
hd333
Senior Member
 
Join Date: Jul 2014
Posts: 134
Thanks: 15
Thanked 44 Times in 26 Posts
Default

Quote:
Originally Posted by Liquorish View Post
Guess I’ll give the dealer whom I purchased from a call. I like the idea of not much to do on my part! That being said, might be an easy sale on my own too. It’s gently used, 63 hrs and a 2020.
Throw it on Craigslist for $75k, I bet it sells within a few weeks. That boat is basically new, a boat that sold new for $72k a year ago would now sell for $85 plus as a new boat.

Cash in if you want out.


Sent from my iPhone using Tapatalk
hd333 is offline   Reply With Quote
Old 05-18-2021, 09:26 PM   #15
8gv
Senior Member
 
8gv's Avatar
 
Join Date: Jan 2012
Posts: 1,622
Thanks: 49
Thanked 563 Times in 360 Posts
Default

Regarding price...

The intrinsic value of a boat for sale today matters little.

What matters more is what the alternative boat costs.

How much does today's new version of your boat cost?

How long must one wait for an ordered boat?

With boat manufacturing being disrupted by materials and possible labor shortages, how certain is the projected delivery date?

For the seller who paid $72k a few years back, I suggest that you price it close to what you paid.
8gv is offline   Reply With Quote
Old 05-18-2021, 10:13 PM   #16
Descant
Senior Member
 
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 2,872
Thanks: 836
Thanked 1,069 Times in 669 Posts
Default

This is a tough market to figure out. You want to "move up"
but the dealer has no inventory. Second question: "Can I get a slip?"
Descant is offline   Reply With Quote
Old 05-19-2021, 08:37 AM   #17
Pricestavern
Senior Member
 
Pricestavern's Avatar
 
Join Date: Oct 2006
Location: Valencia, Spain (formerly Rattlesnake Isle)
Posts: 383
Thanks: 105
Thanked 142 Times in 82 Posts
Default Fb

I sold my boat last year via posting on a few Winnipesaukee-themed Facebook groups. Got a lot of attention and sold very quickly.
Pricestavern is offline   Reply With Quote
Old 05-19-2021, 10:51 AM   #18
Biggd
Senior Member
 
Join Date: Nov 2016
Location: Waltham Ma./Meredith NH
Posts: 3,181
Thanks: 1,464
Thanked 924 Times in 576 Posts
Default

Quote:
Originally Posted by Liquorish View Post
Wanted some advice from forum members on the best way to sell my boat.
Contemplating, haven't yet fully decided to do so, but in case I do. Where have you all had the best luck, concerned about tire kickers, and not so serious buyers.
Any suggestions would be appreciated.
If you are on Facebook, Facebook market place has pretty much taken over from Craigslist.
Craigslist is nothing but scammers now.
Biggd is offline   Reply With Quote
Old 05-19-2021, 01:18 PM   #19
Blue Thunder
Senior Member
 
Blue Thunder's Avatar
 
Join Date: Apr 2004
Location: Eastern MA & Frye Island/Sebago Lake, Maine
Posts: 890
Thanks: 230
Thanked 276 Times in 132 Posts
Default

Quote:
Originally Posted by Biggd View Post
If you are on Facebook, Facebook market place has pretty much taken over from Craigslist.
Craigslist is nothing but scammers now.
Totally agree. Craigslist is nothing but scammers. At least you’re dealing with a name and a profile when using FB Marketplace...
__________________
" Live for today because yesterday is gone and tomorrow may never come"
Blue Thunder is offline   Reply With Quote
Old 05-19-2021, 01:30 PM   #20
MAXUM
Senior Member
 
MAXUM's Avatar
 
Join Date: Apr 2004
Location: Hooksett, NH & Bear Island, NH
Posts: 2,716
Thanks: 246
Thanked 1,901 Times in 791 Posts
Default

Craigslist works if used wisely.

I put my boat on there a couple of months ago, it sold in three hours. I NEVER post my phone number only an email address. I ask those that are interested to respond back to me and provide a name and contact number. Takes two seconds to do a reverse lookup on any number provided to ensure the number is legit, plus it gives me the chance to review the email sent to ensure I have a serious buyer on the other end.
MAXUM is offline   Reply With Quote
The Following User Says Thank You to MAXUM For This Useful Post:
ApS (05-19-2021)
Old 05-19-2021, 01:41 PM   #21
thinkxingu
Senior Member
 
thinkxingu's Avatar
 
Join Date: Jul 2014
Posts: 4,434
Thanks: 1,075
Thanked 1,433 Times in 858 Posts
Default

Quote:
Originally Posted by Blue Thunder View Post
Totally agree. Craigslist is nothing but scammers. At least you’re dealing with a name and a profile when using FB Marketplace...
Marketplace is no panacea, either, though. Crazy low-ball offers, no-shows, and tire kickers galore.

Sent from my SM-G950U using Winnipesaukee Forum mobile app
thinkxingu is offline   Reply With Quote
Old 05-19-2021, 01:58 PM   #22
DesertDweller
Senior Member
 
Join Date: Aug 2011
Location: Las Vegas, NV and Moultonborough, NH
Posts: 338
Thanks: 23
Thanked 79 Times in 65 Posts
Default

I sold a boat through a marina last year and, to me, it's the way to go. The marina told me to list it for a higher price that I thought was realistic but I had multiple offers within the first couple of days and sold it for pretty much the price the marina recommended. Closed within a week and the marina did all of the paperwork and handled showing the boat. Yes, I paid the marina a commission but it saves a look of hassle/headaches. There's not much new inventory out there so if you have a clean used boat it will likely sell very quickly.
DesertDweller is offline   Reply With Quote
Old 05-19-2021, 04:30 PM   #23
Biggd
Senior Member
 
Join Date: Nov 2016
Location: Waltham Ma./Meredith NH
Posts: 3,181
Thanks: 1,464
Thanked 924 Times in 576 Posts
Default

That's what you have to deal with when you sell it on your own. If you don't want to deal with that then you will have to pay someone a fee to do it for you.
Quote:
Originally Posted by thinkxingu View Post
Marketplace is no panacea, either, though. Crazy low-ball offers, no-shows, and tire kickers galore.

Sent from my SM-G950U using Winnipesaukee Forum mobile app
Sent from my SM-G950U using Winnipesaukee Forum mobile app
Biggd is offline   Reply With Quote
Old 05-23-2021, 09:30 AM   #24
Juiced06GTO
Senior Member
 
Join Date: Aug 2017
Posts: 140
Thanks: 7
Thanked 61 Times in 32 Posts
Default

If our vacation was earlier this year I would highly consider taking it on vaca and selling it right after, I may still although who knows what the market will be in late August! I just saw my exact boat posted for sale, same year, color, and options, posted for 36K with similar hours to mine, I paid 20k 5 years ago....I don't see it up anymore so am assuming it sold. What is crazy is mine is in better shape than the one that was posted and has been upgraded substantially over the last few years with radio/electronics/led lighting etc....who ever thought a boat would be an investment haha!
Juiced06GTO is offline   Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -4. The time now is 05:39 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2021, vBulletin Solutions Inc.

This page was generated in 1.15653 seconds