BOAT PRICING - the Ultimate Way of Getting Your Dream Boat

If happiness and your hard earned money mean much to you, then you shouldn't take this issue lightly. Are you ready for what I am about to reveal now?

Okay. Let me tell you one important fact. Boat pricing is not as straight forward as automobile pricing.

It is true that in putting a used car for sale you can easily decide your asking price by studying the classified section in newspapers. Or you can go to a dealer and ascertain the price of the same model as your car.

Well, this is unlikely with your old boat. You would be most unlikely to find a boat of the same model of yours up for sale at that point in time when you are ready to dispose of yours. This is due to the fact that a particular model of boat is not usually produced in great quantities like the automobiles.

To further compound this situation, a boat dealer would most likely be tempted to skew the value of your old boat to his own advantage.

Sure, he would quickly give your old boat a higher than realistic value to entice you to buy his used boat that had for a long time been around for sale. Whereas he wouldn't value your old boat that much should you want a boat that is in high demand.

Fortunately for you there are standard used boat price guides that have been generally accepted. They are referred to as "blue books" because the early price guides in the automobile industry were made of blue covers.

Three blue books are generally accepted in the U.S. There are the NADA Marine Appraisal Guide, the BUC Used Price Guide, and the ABOS Marine Blue Book.

Irrespective of your choice from any of the three, with that alone you can't be certain to arrive at a realistic boat pricing. It only serves as a guide.

Actually do you know that relying on one of these blue books alone could mislead you?

Let’s put the story of one young boating enthusiast into consideration here. You would be amazed on your understanding the secrets of using the blue books in arriving at a realistic boat pricing.

Now, let me tell you about the boater. I will make it short. But be alert. The lesson in it could make you save many thousands of dollars.

He had had a wonderful time with his boat. Great fun and so much pleasure. But as with most boaters; the time has come for him to have a new dream boat; a faster and bigger one.

For him to make the required payment, he knew he would have to trade in his old boat.

My boat would attract what price, he thought feebly.

He studied the classified sections of a number of newspapers to no avail. He went from one used boat lot to another without getting the right clue.

He soon found out how difficult it was to find the same model of his up for sale.

Even the most popular models of boats are not produced in large quantities like the automobiles. So, it was pretty difficult to find any like his for sale.

Later, he confided in a local boat dealer.

After much preamble the dealer brought out his blue book. The enthusiastic boater's attention was guided along the fine lines of print. The dealer was superb.

They quickly settled for the value of his small old boat. The blue book had given the average retail price of the boat to be $20,000. But after the haggling they eventually settled for $12,000.

However, a particular cruiser that had caught the attention of the young boater as his perfect dream boat prompted a further marathon negotiation.

At a point the dealer wasn't ready for any further negotiation. The value of the Queen as stated in the blue book was $75,000. He had reluctantly agreed to sell for $62,000.

Interestingly, he had even offered financing. But the young boater felt he would certainly have a better deal from his bankers. He signed the contract and promised to return after making arrangements for the financing.

He got to his bankers with great confidence.

His banker adjusted his spectacles as he peered at the lines of the print before him. He flipped some more pages of his copy of the blue book.

"What did you say the boat cost you... $62,000?" he asked as he feverishly took off his spectacles and placed it on the table.

The young boater read the signal that something was damn wrong. He hesitated. Then like an innocent child he nodded.

Slowly the banker picked up his spectacles and adjusted the frame on his face.

"Going by the blue book, your yacht has an average retail price of about $50,000.

"And do you know what?

"We do not finance beyond 80%...," he whispered.

"No! No! I saw it. It was $75,000 in the blue book," the boater interjected.

The banker tried to calm him down and placed before him his copy of the blue book.

Quickly, he picked it up only to stare at the column with the title "AvRet." He wiped his face on his sleeve!

"How could this be," he wondered aloud "but the blue book in the dealer's office stated $75,000" he quipped.

The banker then spent some time explaining to him how each of the three blue books has its own unique way of arriving at the value of a used boat.

So, it is necessary that you know the particular blue book your dealer uses. Also you should ascertain the value of your boat using the other two used boat price guides. This way, you would be in a position to make a better boat pricing for your boat.

Here is one fact you most always remember whilst trying to sell or buy your boat using these guides. The blue books don't always agree on the value of a boat. Their stated values are only guides for you to use in negotiating for a realistic boat price.

You most likely won't want to invest in these blue books before trading in your used boat or buying one.

Interestingly, there is a way out for you.

You can find copies of them at marine insurance agents or banks that handle boat financing.

I have decided to get you a special quick and easy way of doing your boat pricing. It is FREE. Only one minute is required for you to get the recommended price of your boat. Click here now and get through to What’s Your Boat Worth?

In addition, endeavor to do some research in your local area about the prices of comparable boats. Then go on to negotiate for a satisfactory price for your boat.

Wait a minute; are you in anyway tempted to think that the good price you pay or receive for your boat is the cost of the boat? Definitely that is not true.

If you want a better understanding of the cost, click here now and learn about the true cost of your boat.

Understanding the three generally accepted blue books would definitely boast your boat pricing. Every thing you need to know about these used boat price guides are readily yours with a click here.

I want to reveal to you a particular secret known to only a few. It is about your use of boat brokers. If you've ever thought of or would like to consider buying a boat straight from the owner then click here now and get some special information to make you wiser.

Trust me; I have done so much research on boat pricing. Yet, I am still studying the boating world on this crucial issue so that I can at will give you all the relevant information.

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