Selling your boat

When it comes to selling your boat, don’t forget the equipment. Generally it will be easier to sell the boat as a package with all its gear but if you are selling in order to buy another boat, you will probably want to take some contents and equipment with you – portable gear such as lifesaving equipment, for instance.

Selling your boat

Removing anything plumbed or wired in, is a different matter, and you need to make it clear to the prospective purchaser that this is what you intend to do. In fact, in almost all cases it is a good idea to itemise the equipment that will be remaining on board and whether or not you want to charge extra for it.

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Buying a boat
Buying a boat is a significant investment, so when it comes to paying for it, you need to make sure you’re protected. A deposit is usually required and the rest is paid for in stages. To protect your interests the contract should be based on the Royal Yachting Association (RYA) Agreement for the Construction of a New Boat.
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Buying a second-hand boat
New boats can be expensive and the value depreciates as soon as you take delivery, thanks to dealer’s margin, delivery costs and so on. In terms of straight value buying second-hand can sometimes be a better bet, especially if you buy privately and do not have to pay broker fees usually charged on brokerage sales.
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Maintenance: protecting your investment
Unlike cars, which can be protected from the weather, boats are kept in a damp, usually salty environment, which does nothing for the intricate electronics and plush fabric inside – or for the moving parts left open to the elements outside.
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