See full version: Boat Buying Guide: The Art of Negotiation
You found her! The perfect boat … the one you have spent months looking for. You have visited her several times, already envisioning the little additions and alterations that will make her your boat. Maybe you are already planning your first trip together.
● Be prepared to walk away (even if you have already fallen in love).
Buying a new boat will allow you to avoid the pitfall of, as the saying goes, “buying someone else’s problems” but you may not have a lot of wiggle room when it comes to negotiating the price. You can, however, ask for extras. Maybe the dealer can sweeten the deal by throwing in life jackets, an EPIRB, foul-weather gear or sailing lessons. Does the boat dealer sell dinghies? Outboard motors? If you buy a new sailboat, dinghy and outboard all at the same time, will the dealer give you a discount? You never know until you ask.
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Knowledge is your best tool for negotiating boat prices. Make sure to dig up more information on the boat you have your eye on before contacting a new vessel salesman or the owner of a used boat. more
Repair costs can be hefty when you’re buying used boats, so make sure to list down possible repairs to be done in the vessel before settling on a price. Like the second tip, this one is useful for second-hand boats.
Once you know how much the used boat costs and the year it was manufactured, among other things, you can already determine whether the owner’s asking price is fair. more
For new ones, you should never settle with the first shop you see. Do some digging on competitors as well as the brand. more
These new DPFs have been able to help cut down on the black smoke emissions and been able to help diesel trucks, vans, buses, and other cars burn much cleaner, more efficient…..and have created a new category of catalytic converters for scrap! [links]
catalytic converter, and just by chance, you have the ability to refine that cat down and get just the platinum recovered from it. Assuming none of the inside honeycomb was missing and assuming that the recovery goes perfectly, maybe you get 0.5 ounces of platinum out of it, which multiply by $100 per ounce would equal $50. here
Now you may think that that cat is now worth $50, but you are not taking a few things into account. The recovery process, waiting to get paid, profit from whoever you would be selling it to, etc. All of these will maybe make the cat only worth $30 on the open market and that is where the price will actually come from. here
One answer…impossible, but we will explain. Unless you have 100 catalytic converters off of the same vehicle, all containing the same amount of material and are able to do an assay of those cats through a trusted processor it will be very hard to know the number of precious metals inside. This is why scrap yards and catalytic converter buyers exist, to buy these from you (at hopefully a fair market rate) and be able to then pair these together with other cats that they have and ship them to downstream vendors and processors.
So, let’s take a step back and talk about where the prices for catalytic converters come from and go from there.