Welcome to Power Boat Guide
Miami Power Boat Racing 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.
Miami Power Boat Racing Specific links
Miami Power Boat Racing News
Powerboat racing: Ukrainian Spirit ventures ahead with confidence - Malta Independent Online
Powerboat racing: Ukrainian Spirit ventures ahead with confidence Malta Independent Online Facing a 2400 miles run, this will be the longest and toughest powerboat race in the world. The UIM Cowes to Monte-Carlo World Cup Grand Prix will start on Saturday 8 June in 2013 from Cowes on the Isle of Wight in the UK and will last in total 15 days ... |
Sailing: Boats withstand storm to launch comeback - Pakistan Daily Times
 AFP | Sailing: Boats withstand storm to launch comeback Pakistan Daily Times MIAMI: The main Volvo Ocean Race fleet set about hauling back French leaders Groupama on Tuesday after straying far too close to Tropical Storm Alberto, with predictably fierce consequences. Five of the six boats were surprised by a sudden shift in ... Volvo Ocean Race | Sun., May 20, 2012 Abu Dhabi Ocean Racing Wins DHL Shore Crew Award Yachting: Camper splits from fleet in risky manouevre |
Volvo race fleet heads out to sea - MiamiHerald.com
 Telegraph.co.uk | Volvo race fleet heads out to sea MiamiHerald.com Sunday served as Miami's sendoff for the six boats competing, with four still alive for the overall title. By SUSAN COCKING The Volvo Ocean Race bid a rousing but slow goodbye to Miami on Sunday, as the fleet departed on the 3500-nautical mile Leg 7 to ... Sailing-Storm threatens bumpy ride for Volvo fleet Volvo race sails to Europe Volvo Ocean Race headed to Portugal |
China's Best Kept Secret: Sanya - MarketWatch (press release)
China's Best Kept Secret: Sanya MarketWatch (press release) Heralded as the world's toughest sailing event, spanning eight months and passing through four oceans and five continents, the Volvo Ocean Race was most recently stationed in Miami - the event's only stop-over in North America - until May 20, 2012. Mayor takes the plunge |
Chris-Craft – established in the 19th century - now in the 21st - Power Boat - World
 Power Boat - World | Chris-Craft – established in the 19th century - now in the 21st Power Boat - World A highly successful Miami International Boat Show (February) and a solid growth in sales, has Chris-Craft President, Steve Heese, looking confidently to the future. 'The Miami International Boat Show is an event we look forward to every year and this ... |