Welcome to Power Boat Guide
Power Cruising Boat Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
HOW MUCH IS THAT BOTH WORTH IN TIME? POWER BOAT TRADE-IN VALUE
from:There comes a time in a boater’s life when they wish to move one. What then to do with the old boat? The two basic options are sell or trade.
The first question you should ask yourself is “How much is the boat worth?” Power boat trade-in value should be a given when buying a boat. Unfortunately, it is not. Boat reviews generally ignore this fact. They focus on the here and now, oblivious to the future reckoning. The current power boat trade-in value is a complex matter. How much you can get depends upon a variety of factors including condition, availability, uniqueness, quality and the reputation of the manufacturer.
To verify the trade-in value you can ask the dealer you plan to arrange your sale with but that might not work. A dealer works on the principle: "Buy low, sell high." The Blue Book may state a high and low price for your power boat trade-in value, but chances are the lower price will end up being selected.
Secondary research through a bank, insurance agency or other knowledgeable source may help out. In some instances, the manufacturer will provide you directly with a power boat trade-in value and accept it for resale.
One thing that will become obvious to most is how quickly the value of your craft has decreased. This is an indirect result, in part, to rapid technological advancements and performance improvements. Some advice before buying a boat is to consider whether the boat has staying power. Those currently the “hottest” or “coolest” on the market may not have staying power. They will depreciate quickly and you may find yourself paying for it when you try to trade it in.
There are several things you can do to try to increase your chance of getting a better power boat trade-in value. They involve much the same effort you would put into your boat before trying to sell it. Think of it as selling it – in all sense of the word, to the dealer.
Consider the time of year. Choose the beginning of the boating season when prices are highest. With more buyers than sellers you just might get a better trade-in value from a dealer.
Think cosmetics. Clean the boat. Tidy up the mess you have accumulated. Fix anything that can inexpensively be repaired. Shine, buff, polish until the boat looks like new. A spanky clean power boat is bound to obtain a better trade-in price than a filthy one.
One further consideration that might help you in power boat trade-in value is the sales tax advantage. You may only pay tax on the difference between the old a d new models price value if the trade-in value is included in the invoice for the new model. This can save you a substantial amount of money.
There is a lot to consider, however, the best place to start is when you buy the boat.
Power Cruising Boat Specific links
Power Cruising Boat News
Solar Powered Boat Cruises the Erie Canal - Rochester YNN
Solar Powered Boat Cruises the Erie Canal Rochester YNN An Arizona company is trying out its new solar-powered electric cruising boat on the Erie Canal. The Solar Star 23 docked in Fairport Tuesday afternoon. The boat began its journey in Tonawanda at the western terminus of the canal on Sunday and will ... |
3 Weeks in Asia from Shanghai to Ho Chi Minh City - Baltimore Sun
 Baltimore Sun | 3 Weeks in Asia from Shanghai to Ho Chi Minh City Baltimore Sun (Credit: Scott and Pam Gorsuch) PHOTO LINK From Ho Chi Minh City, Scott and Pam spent 2 days and 1 night on a boat cruising west on the Mekong Delta. Here are scenes from their boating trip. (Credit: Scott and Pam Gorsuch) PHOTO LINK Boat captain ... |
Sailor always eager to learn, but also will teach - OCRegister
Sailor always eager to learn, but also will teach OCRegister LIndsay Stewart has been sailing in the yacht club since age 7. The 21-year-old competes with the University of Hawaii and will be teaching at the club this summer. "My parents had a Hobie Cat and encouraged me to try sailing, and we had a 25-foot ... |
Sea-change: The Acciona prepares to compete in the Vendée Globe - Financial Times
 Financial Times | Sea-change: The Acciona prepares to compete in the Vendée Globe Financial Times By Victor Mallet Sailors like to distinguish themselves from powerboaters and pretend that theirs is an environmentally friendly sport using only the power of the wind. But the reality has always been rather dirtier. Cruising yachts, especially in the ... |
Search for Coaching Director at top NZ club - Sail World
 Sail World | Search for Coaching Director at top NZ club Sail World It is a proud moment when a yacht club can boast an Olympic team member. It is a prestigious moment when a club can boast two Olympic team members, as can Kerikeri Cruising Club and Tauranga Yacht and Power Boat Club. There are seven sailing clubs ... |