Saturday, January 8, 2011

When is the best time to buy or sell a boat?

The easy answer to that questions is: NOW! It is mid-January and although you see snow flurries and it is hard to get out of bed in the morning, many others are thinking of 15 knot winds, bright sunny skies, and quiet coves.

If you are thinking of selling your boat, do not miss the spring market. January and spring doesn't seem to go together, but the fact is the spring boat market starts in January and often times the best boats at the best prices get sold by March. You hear that buyers? MARCH. That is not to say that there are not great boats available all year, but by the time people wake up from the winter doldrums and start to think about finding a great boat to for this upcoming season, many of the truly great boats have been sold.

Experienced buyers are out looking for boats in the winter. They are counting on the competition to be asleep and often they are right. These same experienced buyers are also experienced sellers. They know the serious buyers are out looking right now and they will do whatever it takes to get their boat in front of that audience, for many reasons.

Don't miss the market! If you are thinking of selling NOW IS THE TIME TO GET THE BOAT ON THE MARKET! If you are a buyer, whether working with me or anyone else, YOU NEED TO BE OUT RIGHT NOW LOOKING FOR A BOAT. Crusader Yacht Sales has an Open House each spring, usually in early April. We always have great boats available for the event, but the BEST boats, the ones everyone wanted to see? They were sold weeks before to experienced buyers counting on your long winter's nap.