Buying a Boat from a Dealer vs Private
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- Опубліковано 7 сер 2024
- Do you risk paying too much or getting a bad boat? There are different times in the market cycle for boats. The highs and lows are usually cyclical and can have other driving factors. There are pros and cons to buying a boat from a dealer vs from a private seller. In this video we will cover:
0:00 Intro
1:07 Risks of buying from a private seller
2:01 More consistent pricing from dealers
2:24 Times when it is good time buy privately
4:04 Dealer buying advantages
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For more info check out these resources:
*One on one boat chat to ask me questions:
app.hubspot.com/meetings/sean715
*Boat Boat Buying Playlist:
• Buying a Boat Tips
*Len's Cove Learning Center:
www.lenscove.com/learning-cen... - Авто та транспорт
I've watched a few of your videos so far. For the most part there's very good information.
First off I'd like to say that the buyer has to do, "Do Diligence." Whether buying from a dealer or private seller. One has to know what type of boat they want and research, research, research. You can get that, "Car salesman approach," on both a dealer and private seller. If you buy from a private seller, like a car, you're buying it AS IS. However if the used boat still has a warranty. You can use that warranty that is left on it. Call The boat manufacturer and see if you can transfer the warranty into your name.
Don't be in a rush to buy a boat. Everyone knows what junk looks like. If it looks like it just came out of a hurricane turn around and walk away.
Once you research your boat and like what you see, research for a QUALIFIED boat surveyor if the boat is used. (Society of accredited Marine surveyors) Each boat surveyors experience on vessels varies. Make sure he knows your type of boat. The surveyor writes down the Descriptions of the boat and each system onboard. Findings and recommendations, divided into levels of importance. A statement of the boat’s overall condition. Fair market and replacement values for the boat, based on comparable sales or industry data.
There is no reason why anyone should buy a boat that has an inflated price, new or used, if you do your research.
As far as repair. I find that a dealer charges a much higher price than a mom and pop shop. Make sure either shops have qualified mechanics. Their certificates should be readily available. And no matter where you go, your boat is in the yard for at least a month.
REMEMBER... Do your research. Dealers can and have overcharged also.
Another great video Sean. I look forward to each one!
Thanks Nick! Any ideas for future ones?
@@boatinglessons 1. Servicing: annual and winterising vs use all year; 2. Boat etiquette at a busy ramp/dock. Rights of way etc; 3. Boating in fresh water vs saltwater - differences in maintenance.
Just off the top of my head :)
Good video , not all dealerships are equal . My used boat i purchased from a dealer , was 2 years old with only 25 hours on it . It had a leak noted on pickup - ended up being major hull damage . see my full story .
That’s not a good story…sorry that happened to you!
I bet that dealership broke their back to rectify the BS ??!
@@kevingumfory you guess how that went ......
Always get a marine survey
Good advice
Unless you have the knowledge to do your own... marine surveys are a rip-off to guys like me who know mechanics and what to look for.
99 out a 100 won't answer your call?...that's a hell of extreme number there. Maybe about 20-25 out of 100 won't. You get to meet the owner of the boat and judge by their personality if they're someone you can like or trust. Many boat owners are good people. There are obvious risks as well, but buying from people isn't that bad that they won't help you out.
You are right, that statistic is not scientific. You are also right, that you may be able to judge the character of the person you are buying from. What I can say is that I have never heard a story when someone bought privately, found an underlying issue, and contacted the seller and they agreed to help financially- not one story.
When tf did ford or Chevy Bayliner or regal ever GAF about a consumer after a sale ? When ? Take your time ... ill wait.
If you buy used and didn't get a survey, shame on you
This day dealers are cheaper than private sealer
David, that is what we are seeing
Always get a marine survey
You can say that again...
Always get a marine survey
100% never a bad idea