>> Tuesday, December 4, 2012
Buying a boat is a truly exciting experience. You are finding a new vessel that will be used for years, decades and even generations to come. It will allow you to experience the world in an entirely new way. However, if you are like many potential boat owners, you may have noticed there are very few options available to purchase a boat. Fortunately, there are other options, even though some of them may be a bit unusual.
Unusual Places to Buy a Boat
1. Private Listings – While boat seekers have used private listings for decades, there are several new types of private listings to explore. There are online auction sites, online classified listings and newspaper ads. Each type of private listing will attract a different type of boat seller. To really expand your options, explore each type of listing that’s available. As you go through the listings, evaluate each one based on the same pre-determined criteria. Do not hesitate to contact the owner if you have any questions or would like additional pictures.
2. Charity Sales – There are some organizations that offer charity boats for sale. Essentially, these organizations sell donated boats in order to fund various charities. When someone donates a boat to them, they will assess its current state. If it does not require any major repairs and is sea-worthy, they will list it for sale. Once it has sold, all proceeds will go to a charitable cause, which may range from feeding starving children to helping the homeless. Instead of simply purchasing a new boat, you can make your purchase help those in need.
3. Repo Auctions – Sometimes people buy boats on loans, and then become unable to fulfill their financial obligations. Boats then become repossessed by the lender. The lender is not in the business of selling boats, so they hold auctions to liquidate them and reclaim some of their lost assets. This process if quite popular in the automobile world, however it is also prevalent in boating. Visit these auctions to receive an ideal price on your next boat.
You Can Find Your New Boat
Between the above three options, you will be able to easily find a new boat that will be perfect for you. Between boat donations, private listings and repossessed items, you’ll have plenty of options to choose from. As you begin to seek your new boat, keep in mind the overall condition of the craft, any immediate repairs it will require and if there are currently any warranties.