Welcome to Power Boat Guide
Power Boat Blue Book Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
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 Boat Blue Book News
Pups Thrown into Trash and Left to Die
Two pit bull puppies were found nearly emaciated in a box Tuesday behind a New Boston home. They were set out with trash, waiting to be picked up by a garbage truck.
Read more...Nationwide Youths Build for Those in Need in Our Region
Hundreds of high school kids from all over the country have spent the last two weeks of their summer vacation improving the homes and lives of total strangers.
Read more...Q&A with Mark 'Occy' Occhilupo
Fuel TV host and Australian surfing legend Mark 'Occy' Occhilupo answered foxsports.com.au user's questions about all things surfing, both in and out of the water.
Read more...UPDATE: 11-year-old Pregnant; Man Accused of Sexually Assaulting Her
A St. Albans man accused of sexually assaulting an 11-year-old girl and impregnating her was in court for a preliminary hearing Friday.
Read more...Snyder brings outsiders outlook to race
Rick Snyder is a workaholic, a man who considers a four-hour round of golf a waste of time and who crammed nine years worth of college degrees into just over six.
Read more...