Welcome to Power Boat Guide
Vancouver Power Boat Marinas 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.
Vancouver Power Boat Marinas Specific links
Vancouver Power Boat Marinas News
Victoria Day Weekend kicks off boating season - The Province
Victoria Day Weekend kicks off boating season The Province Renting is the perfect way to compare boat types and explore local waterways. A list of Canadian marinas that offer "Try before you Buy" can be found at DiscoverBoating.ca Sharing the Fun. Did you know you can have all the benefits of ownership, ... |
Safe Boating Week starts May 27 - Parksville Qualicum Beach News
Safe Boating Week starts May 27 Parksville Qualicum Beach News Learning about boat safety doesn't have to be a chore and a bore and Bonnie Chomica knows all about that. Chomica, who works with the Nanoose Power and Sail Squadron, is confident that anyone who comes to Fairwinds Marina for Safe Boating Sunday, ... |
Via the World: From the Kuroshiocurrent to capsizing - The Independent (blog)
 The Independent (blog) | Via the World: From the Kuroshiocurrent to capsizing The Independent (blog) The sun was shining as she left Choshi Marina in her 7m long rowing boat, Gulliver. And as Japan disappears from her view, it was quite amazing to think that the next time she will see land will be in about six months time as Vancouver, Canada looms on ... |
entertainment listings - Vancouver Sun
entertainment listings Vancouver Sun $15/$12, 604-925-7292, silkpurse.ca ""Out for Lunch Gene Ramsbottom presents Marina Yakhlova in a recital of virtuoso pieces of Franz Liszt. . Vancouver Art Gallery, 750 Hornby St. . May 18, 12: 10 pm . Free for VAG members, or with gallery admission, ... |
The Scene - Peace Arch News
The Scene Peace Arch News Russel Chartrand and Marina Benitez-Lazzarotto are among alumni of Candace Radcliffe and Rick Harmon productions who will be involved in their upcoming production of Shakespeare's A Midsummer Night's Dream at Crescent Beach August 15-19. |