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Trade in?
#12361108
07/27/17 05:15 PM
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Joined: Jul 2017
Posts: 2
Vasteel
OP
Green Horn
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OP
Green Horn
Joined: Jul 2017
Posts: 2 |
Hey, I would like to get anyone's opinion on the matter, but I am looking to upgrade my boat and I was wondering if it would be better to sell my boat or trade it in. I have been doing some looking around the DFW area and I found a boat I like at www.planomarine.com but I don't wanna tote the thing all the way over there only to get an offer I am not happy with. Any advice would be greatly appreciated.
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Re: Trade in?
[Re: Vasteel]
#12361149
07/27/17 05:39 PM
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Joined: Apr 2004
Posts: 14,082
Stump jumper
TFF Guru
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TFF Guru
Joined: Apr 2004
Posts: 14,082 |
If the boat is in good shape I would definitely try to sell myself. I traded one when I bought my Ranger because the boat and trailer were [censored] but the dealer really wanted the motor. Keep in mind on a trade you will get to knock the sales tax on the trade off what you pay for sales tax. If I trade a car I tell dealers that since I itemize my taxes the sales tax discount on the trade is not worth full value.
2200 Bay Champ/200 Mercury Optimax 2017 Tundra TSS 4x4 Crewmax 5.7L
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Re: Trade in?
[Re: Stump jumper]
#12361310
07/27/17 07:23 PM
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Joined: Jul 2017
Posts: 2
Vasteel
OP
Green Horn
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OP
Green Horn
Joined: Jul 2017
Posts: 2 |
Thanks for the info, boss. It's a pretty old boat, but it's still in good condition. I inherited it and I am still kinda new to the whole boat buying scene.
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Re: Trade in?
[Re: Vasteel]
#12375150
08/07/17 12:20 AM
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Joined: May 2008
Posts: 10,258
Rayzor
TFF Guru
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TFF Guru
Joined: May 2008
Posts: 10,258 |
Just like a car, selling your boat to an individual is always better than trading it in. An individual is going to keep your boat. A boat dealer is going to re-sell your boat. Back when I had 2 boats, I spoke to a local boat dealer about trading them in on a new boat. They wanted to give me $10,000 for both. I got $16K selling them to individuals.
JMO.
Be safe, Rayzor 2001 Triton Tx-21/225 Mercury EFI
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Re: Trade in?
[Re: Vasteel]
#12375306
08/07/17 01:48 AM
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Joined: Apr 2015
Posts: 1,818
Curtbass
Extreme Angler
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Extreme Angler
Joined: Apr 2015
Posts: 1,818 |
You'll usually come out ahead by selling yours.
ELITE POWER SYSTEMS/ Elite Fishing Products Lithium Battery & Charging Systems, Soft Plastics, Tackle,Tokyo Rigs Tight lines & stay safe out there.Gods blessings
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Re: Trade in?
[Re: Vasteel]
#12382229
08/11/17 07:05 PM
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Joined: Nov 2007
Posts: 5,518
ssmith
TFF Celebrity
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TFF Celebrity
Joined: Nov 2007
Posts: 5,518 |
its like every thing else on wheels sell it yourself deal with folks lake test an so on an get more money or trade it in let the dealership earn the money.
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Re: Trade in?
[Re: Vasteel]
#12382252
08/11/17 07:24 PM
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Joined: Mar 2010
Posts: 25,824
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 25,824 |
A lot dealers will offer low book -10% on trades.
Good used boats are selling privately for a premium right now.
Price it right and sell it yourself.
Okie by birth, Texan by choice. USAF "Thunderbirds" Alumni 1985-1989
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Re: Trade in?
[Re: T Bird]
#12385633
08/14/17 06:06 PM
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Joined: May 2008
Posts: 10,258
Rayzor
TFF Guru
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TFF Guru
Joined: May 2008
Posts: 10,258 |
A lot dealers will offer low book -10% on trades.
Good used boats are selling privately for a premium right now.
Price it right and sell it yourself. I have sold cars. I have friends that sell cars. I am going to go out on a limb and say that boat dealers, like car dealers, are always going to low-ball you up front. YOU ARE NEVER GOING TO GET A DEALERS "BEST" OFFER THE MINUTE YOU WALK IN THE DOOR. Doing that takes money out of the salesman and the dealership's pockets.
Be safe, Rayzor 2001 Triton Tx-21/225 Mercury EFI
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