Part-Exchanging a Boat

[BetweenBoats]

I'm motivated to change up my boat this year. Motivated, but not quite motivated enough to go through the process of selling her first.

I know there are part-ex opportunities on stock boats, but I'm looking for something that is 10 years old and looking to trade from my £200k boat to a £500k boat.

Any one recommend or have experience of a broker that has the imagination and muscle to pull off deals like these?

 

[rubberduck]

Boats.co.uk, talk to James. I have not found better as others will testify.

 

[Switch]

+ 1

I P/X'd a boat with them several years ago and they made the whole process very simple.

 

[jrudge]

Boats.co.uk are the main people that do PX as far as I know. They will take anything - cars, helicopters etc

Other can probably do it to some degree but unlike Boats they dont just do it but need it underwritten.

I bought a boat that had been PXd with Ancaster - which they laid off to someone else - so others will probably do it ut as far as I know not usually with their own money!

 

[rubberduck]

Part of the process when prepping the latest boat was to change all the power points to UK, which particularly impressed me, all foc.

 

[Swift28]

Yeah boats.co.uk are probably best option for bigger selection , I know Derek at Solent Motor Yachts will px - ex on some of his boats and i can highly recommend him from personal experience over the years

Boats for sale | Southampton Hampshire UK | Solent Motor Yachts

 

[kashurst]

Some sellers will do partex as well. I have done this before. Then used the partex boat as part payment for another higher value boat. With the price differential you are looking at, if I was selling a £500K boat and someone offered money and a £200K boat I would be interested. Much easier to sell a £200K boat (depending on what it is) than a £500K boat. Always worth asking - they might say yes.

 

[petem]

I'm motivated to change up my boat this year. Motivated, but not quite motivated enough to go through the process of selling her first.

I know there are part-ex opportunities on stock boats, but I'm looking for something that is 10 years old and looking to trade from my £200k boat to a £500k boat.

Any one recommend or have experience of a broker that has the imagination and muscle to pull off deals like these?

What are you selling?

 

[IDAMAY]

My last two boats were purchased through part exchanges. The first facilitated by Ancasta, the second by Trader Motor Yachts (no more). Both worked well although one downside is that you never establish the real market value of the two boats. In the end it`s only the cost to change that matters though.

Neither case was a stock boat so the transaction was between the owners.

 

[BetweenBoats]

What are you selling?

Hi Pete - a 2004 Targa 52 MkII Open

 

[Swift28]

Hi Pete - a 2004 Targa 52 MkII Open

Nice boats ,don't suppose your in Haslar Marina

 

[BetweenBoats]

Nice boats ,don't suppose your in Haslar Marina

Yes. Uncanny

 

[Swift28]

Yes. Uncanny

I do alot of work in there ,also im berthed there myself many years , T52 not loads about and i know where most of them are

 

[BetweenBoats]

I do alot of work in there ,also im berthed there myself many years , T52 not loads about and i know where most of them are

Have you seen mine there?

 

[Swift28]

Have you seen mine there?

Yeah allways walk past it , nice Targa

 

[Switch]

I saw it too the other day when I was down there. Nice boat.

 

[ari]

Much easier to sell a £200K boat (depending on what it is) than a £500K boat.

What makes you think that?

 

[kashurst]

more people can afford/are prepared to pay for a £200K boat than a £500K boat.

 

[oldgit]

Looking at what has been selling in our club recently its buyers of the bigger more expensive boats that seem to be keen to buy/sell and have the funds to to do so.
The lower price stuff is virtually at a standstill, with only the odd new boater providing any life.
One owner literally gave a boat away.

 

[petem]

Hi Pete - a 2004 Targa 52 MkII Open

Ooohhh, very nice - probably my dream boat! Aren't many for sale in the UK so if it's well presented and sensibly priced I'd have thought someone would buy it.