Boat Trade Value Expectations

Set your boat trade value expectations accurately. We have sold 1000s of boats over the years and valuing your trade so that we make a bit of money and you come away happy is a tight line to walk. Learn the truth about how much money we want to make and see how we value your trade. In this video, we cover:
0:00 - Intro
1:37 - Determining the retail asking price
2:39 - What is the fair trade value of your boat
4:15 - What margin will a dealer try to obtain
5:09 - What are the benefits of trading my boat in
5:40 - Tax savings by trading
6:25 - Dealer reputation has an impact
_________________________________________________
For more info check out these resources:
*Subscribe to our channel! / lenscove
*Get checklists and other boating resources here:
blog.lenscove.com/boatingreso...
*Check out this video about normal boat depreciation here:
• How much do boats depr...
*One on one boat chat to ask me questions:
app.hubspot.com/meetings/sean715
*Len's Cove Learning Center:
www.lenscove.com/learning-cen...

[@andrewmartin4424]

I manage a marina, while my family had been in the industry, im only 28 years old and your videos have been such a huge source of education and knowledge… I really appreciate these videos and THANK YOU!

[@sincky]

Hi Sean, I love watching you videos on all things boats. I have not found a video on how to clean scum off the hull, both aluminum and fiberglass. I was wondering if you could make a video on that.

[@barrybebenek8691]

Woohoo! First to the party. Great video, at a great time (fitting for ours at the moment). 🇨🇦👍🏼

[@boatinglessons]

Thank you Barry :)

[@acemannw]

This is a really good step by step guide to trading in your boat. Marinas and Dealers need to keep the lights on I don't mind paying some margin.

[@boatinglessons]

Appreciate the positive feedback - thank you!