Used Boat Dealers Aren"t Your Best Source For Cheap Boats Anymore - Here"s the Better Bet
For many years, when you want to buy a used boat, you went to used boat dealers.
However, this is not the best place to buy a used boat any longer.
There are many dealers that are going out of business because they cannot move their inventory or compete with the other money-saving sources available to consumers today.
Why You Should Stay Away from Dealers Many of the dealers today are selling boats at huge markups because they are trying to recoup money during the periods of slow sales.
In years past, selling several boats during a week's time allowed for discounts for consumers.
However, with sales falling, the dealers are holding firm on prices in order to compensate for slower sales.
Other Sources for Used Boats There are many other places where you should start your search for a great deal on a boat, other than used boat dealers.
Searching your local classifieds is a good place to start, if no more than to get a good idea of what some boats are sold for today.
However, buying from an owner has its drawbacks as well.
You might wonder whether an owner will be forthcoming about why they are selling the boat.
This can really add up in repair bills if the owner hid any problems.
Unless you are completely comfortable buying from a stranger, you should probably avoid this source.
The Best Kept Secret for Used Boats This is probably the best way to buy a used boat.
Many of the boats sold at auction are repossessions, seizures, or surplus.
Many government agencies sell these types of boats at auction and for much less than the retail value.
Some are sold for 20 to 60 percent of the boat's value.
Federal, state, and local agencies must sell these boats to avoid costly storage charges or because they want to recoup some of their investment.
You can find boats at some of these government auctions with a starting bid of only $100.
The best part about these types of auctions is that many people don't even know about them.
This means you are competing with fewer bidders, which ultimately results in a lower final price.
In Closing While used boat dealers may have been the best source in the past, this is simply not the case any longer.
You may want to look into some of the websites that offer current listings for boat auctions, both in your area and across the country.
These are complete databases full of auctions and can save you a bunch of money in the long run.
However, this is not the best place to buy a used boat any longer.
There are many dealers that are going out of business because they cannot move their inventory or compete with the other money-saving sources available to consumers today.
Why You Should Stay Away from Dealers Many of the dealers today are selling boats at huge markups because they are trying to recoup money during the periods of slow sales.
In years past, selling several boats during a week's time allowed for discounts for consumers.
However, with sales falling, the dealers are holding firm on prices in order to compensate for slower sales.
Other Sources for Used Boats There are many other places where you should start your search for a great deal on a boat, other than used boat dealers.
Searching your local classifieds is a good place to start, if no more than to get a good idea of what some boats are sold for today.
However, buying from an owner has its drawbacks as well.
You might wonder whether an owner will be forthcoming about why they are selling the boat.
This can really add up in repair bills if the owner hid any problems.
Unless you are completely comfortable buying from a stranger, you should probably avoid this source.
The Best Kept Secret for Used Boats This is probably the best way to buy a used boat.
Many of the boats sold at auction are repossessions, seizures, or surplus.
Many government agencies sell these types of boats at auction and for much less than the retail value.
Some are sold for 20 to 60 percent of the boat's value.
Federal, state, and local agencies must sell these boats to avoid costly storage charges or because they want to recoup some of their investment.
You can find boats at some of these government auctions with a starting bid of only $100.
The best part about these types of auctions is that many people don't even know about them.
This means you are competing with fewer bidders, which ultimately results in a lower final price.
In Closing While used boat dealers may have been the best source in the past, this is simply not the case any longer.
You may want to look into some of the websites that offer current listings for boat auctions, both in your area and across the country.
These are complete databases full of auctions and can save you a bunch of money in the long run.
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