tamal451
22.05.2021 8:01:09
Have a spare inboard propeller in your garage or warehouse that you want to sell? more
See full version: Value of a used boat that i want to sell
Have a spare inboard propeller in your garage or warehouse that you want to sell? more
"Three years ago I damaged my five blade port side prop. I found a used one here that matched for about half the price of a new one. Earlier this year we sold our current boat and ended up with a set of 34" spare propellers in our basement. Within weeks of listing the props on this site, the props were sold."
Can't find a prop that will work for you? more
Copyright 2007 Sam's Marine International, Inc. All Rights Reserved.
- names and signatures of the buyer and the seller
- year and make of the vehicle [links]
2. A bill of sale – a blank version of the bill of sale we prepared is available here (I am hosting this document on Mega.co.nz), needs to contain the following information: here
As a boat is a vehicle with registration and title paperwork, we started by examining New York State's Department of Motor Vehicles' (DMV) website. That site helped us identify the three documents our client would need for the sale: (1) the boat's New York State Certificate of Title; (2) a bill of sale; and (3) a New York State, Department of Taxation and Finance form DTF-802, Statement of Transaction – Sale or Gift of Motor Vehicle, Trailer, All-Terrain Vehicle (ATV), Vessel (Boat), or Snowmobile. Fortunately, as this sale transaction was a friendly one, there were no issues with obtaining or preparing these documents. more
One of our clients recently approached us and asked us to whether we could assist her with the purchase of a used boat. Although this wasn't a standard transaction for us, Julia leapt at the opportunity to handle this nautical related transaction. Unfortunately, Julia never had the opportunity to write a blog post about the transaction. So, here is a post in her memory.
Here are four key points to remember: more
Once you have someone interested in the boat, there’s also handling viewings, hopefully leading to negotiating a price, plus dealing with surveyors and legal paperwork to think about. Let's go through the whole process step-by-step.
The final selling price of a boat can vary greatly depending on how the negotiation is handled by both buyer and seller. This part is like a game of ping pong where the ball is the value of your boat. Even if the buyer's first offer seems ridiculous, be polite. This is just the beginning of the negotiation. Some negotiations go on for weeks with multiple offers and counter offers, although most are over after two or three rounds.
While a key early decision is whether to appoint a broker to handle the sale, the first vital step is always to ensure the boat is presented in as clean and tidy a condition as possible. This might sound obvious, but the number of poorly presented boats that languish on the market for years before eventually selling for a deeply discounted price is astounding.
I'd be a bit concerned about someone who wanted to transact that large of a transaction in cash. Also consider what you are going to do with the funds, if you deposit it, you will need to tell the bank where it comes from.
When you operate within the law, you have a number of avenues, such as the courts and police to mediate disputes or other problems.
Detecting counterfeit bills is easy if they're all new bills. Hold them up to the light and look for the watermark and the numbered tape in the bill. Refuse any bad ones. [links]
When you operate outside of the law, you bear the risks of that decision.
I'm selling a boat through a broker (a friend of a friend) taking a consignment. The buyers offered to pay in cash, but want the bill of sale to say less than the actual price for tax reasons. Should I worry about counterfeiting if it is such a large amount? Or should I worry more?
I'd not do business under these terms. A bill of sale needs a signature, right? Your signature is your word, and your word is your bond. I wouldn't participate in such a fraud, nor would I accept this sum of cash, who knows its origins? here