Selling a boat..

[Wansworth]

I have an Albin Vega and as I am retiring from sailing I am considering offering for free.Would it be better a small price open to offers or free originally I thought it might sell faster but now I am thinking tat prospective owners might think it has problems.

 

[fifer]

Are you on Facebook?

If so, pop a note on the Albin Vega owners group. There's plenty of people on there lurking for boats that come up for sale.

 

[Wansworth]

Ah ok ,thanks!

 

[Spyro]

There's been a couple for sail recently in my marina, they haven't gone for much money probably less than the marina fees for a year so if the boat is costing you anything it might be better off for a quick "get rid" to give away or you could stick it on ebay and see what you get.

 

[Wansworth]

Yes I think this is the future for many small old yachts

 

[langstonelayabout]

If only my wife liked the Albin Vega we'd be interested in taking a look.

I'm not entirely sure how Spanish law works but in English law there needs to be 'offer and acceptance' for a contract; both parties need to exchange something of value.

If you really are going to give your boat away then to ensure the buyer actually takes responsibility for it (and takes the liabilities away from you) you need to charge him a pound for the boat, and sign a receipt for his pound and give him a bill of sale. (keep a copy of both yourself of course)

Good luck with the sale!

 

[Wansworth]

I am going to print off two copies of the rya bill of sale that was used when I bought the boat and there will be a small cash token payment,as you say important to establish who is the legal owner.

 

[One A.]

Is she on a Spanish flag?

 

[One A.]

Double post

 

[RupertW]

That’s what I did last year for my GK24 - they paid for the last months mooring as a token. I had a nice boat with a new inboard taken off my hands a month before the 2.4k annual berth fee due.

 

[steveeasy]

Whilst its difficult to find a buyer, Advertising with open to offers really invites potential buyers in. People like what they perceive to be a bargain. Good pics and put it on facebook and you will get something back.

Steveeasy

 

[Bobc]

Stick it on ebay with a 99p starting price. It will be sold in a week for at least 99p

 

[Wansworth]

Think Ihave a buyer!Not counting chickens but am relieved that it will be off my hands without the hassle of selling,I know the bloke and he has coverted a Vega so it will go to a good home!

 

[Perrycas]

I am curious about the market in the UK and the EU generally where i have been perusing the for sale signs. I am in Australia and the market for boats here is very soft and has been for a few years now. I have friends with a Simpson 42, very nice boat, very well built, its in the estuary in cairns North Queensland, they can't get anywhere near what they believe its value. And its not just them. Generally I believe people are selling - when they can - for about 30-40% % below asking price.

 

[oldharry]

I am curious about the market in the UK and the EU generally where i have been perusing the for sale signs. I am in Australia and the market for boats here is very soft and has been for a few years now. I have friends with a Simpson 42, very nice boat, very well built, its in the estuary in cairns North Queensland, they can't get anywhere near what they believe its value. And its not just them. Generally I believe people are selling - when they can - for about 30-40% % below asking price.

Same or worse in UK, particularly with older boats, like OP's Vega. Values are plummeting, and an owners perception of what his boat is worth is usually way above what the boat is likely to actually sell for. Some marques hold their price, like the Cornish Shrimper, which usually sells for a lot more than a Vega, Centaur, or many other boats bigger than it.

The old adage applies increasingly that older boats are only worth what someone will pay for them, which usually is not very much.

Above a certain level, getting to medium and bigger more modern boats, the old market rules do seem to apply, though that is being eroded away as people try to offload bigger and bigger boats.