Selling a boat by sealed Tender - any thoughts / experiances?

David_Jersey

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Not mine (no mobo :p)

But a mate has a CI22 he has been muttering about selling for the last year (especially every 1/4 when the marina bill arrives)........but has not got off his backside to sell.

Main sticking point is that although sound enough (and mechanically with invoices to prove) dating from 1980 she ain't a minter and as she don't get much use (a late starter with the boat thing, he lost interest in boats a year or 2 back) will need some pre-sale tidying up / elbow grease. Me mate don't mind doing that. once! but no interest in keeping her that way for 6 months or more given he has lost interest - hence her sitting in the Marina barely used for a year or so.

BTW it's not a credit crunch sale (he's just bought himself a new BMW motorbike for Xmas - £12k, which is only coincidentally about the usual price for a ci22, plus or minus a couple of K), more a case of getting a ballpark sale price (ie not wanting to give her away for £5k, but not wanting top dollar) in a way that requires only a concentrated period of effort (whether in Jan, spring or later)...........just wondering if this method of sale would be attractive / off putting to others?

I am figuring the offer period of a month / 6 weeks, with all bids sealed. But with the backstop of vendor not being bound to accept the highest or any offer. Subject to survey could be part of any offer.

BTW Ebay not so attractive down here in the CI.

Thoughts / experiances?
 
So who will bother

Whats the point .. The buyer can pull out if he dosn't like the result .. He would not be happy if the potential buyer changed his mind because he had seen something cheaper after putting in a tender ..

If he's not that bothered about selling leave him to it ..
 
I think sealed bids is only an option when there's multiple potential buyers, it sounds like your mate is struggling to find just one. If he can't be bothered to clean the thing up and keep it that way, then he has to accept a lower price. Adverts on the main internet sites, priced 15-20% below the pack, is the best way IMO.
 
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