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How To Find Your Dream Boat - Visit A Boat Auction Now!

May 15, 2008
If you are looking to buy a second hand boat, why not try finding one at a boat auction? Boat auctions provide a wide variety of good quality boats at reasonable prices. You will be able to find the boat of your dreams at a good boat auction without breaking the bank!

What Kind Of Boat Are You Looking For?

When looking for a boat at a boat auction, ensure that you have an idea of the type of boat that you are looking for and the price that you are willing to pay. It can be very easy to get carried away at a boat auction and you may end up paying a lot more than you budgeted. One thing to consider is the use that you will be getting out of your boat. How often will you use it - seasonally or all year round? Make sure that the money that you spend on your boat is worth paying for the perks and benefits that your boat will provide for you. Be sure to take the boat licensing, permits, registration, storage, and maintenance costs into account when working out your budget. Another thing to remember is that, in a boat auction, there may be a five to ten percent premium on the winning bid.

Locating A Good Boat Auction

Unless you know someone who goes regularly, the best place to find a boat auctions is by looking online. You'll find that there are sites that let you search for auctions in your physical location, and that there are others that run their auctions online. Make sure that when you try to purchase a boat from an online auction that you are purchasing from a reputable dealer and that you get all of the information on the boat that you are interested in beforehand. Despite the inherent risks, dealing with a boat auction online can get you a great boat for a fraction of its value.

Can You Take A Look Ahead Of Time?

It is a good idea to examine the boats that are available for auction before the actual day of the auction. Do extensive research on the options that are available to you. Identify the boats on the lot that meet your specific wants and needs, and compare potential boats with one another in order to ascertain which one offers you the greatest value for your money. It is of utmost importance to do research before attending the auction, whether it is online or not, to avoid any impulse buys. You need to know exactly what you are looking for.

Won The Bid For Your Boat? What Next?

So you've outbid everyone else, what do you do now? After you have made contact with the boat's previous owner, make sure that you insist on a written contract and ensure that all of the important claims or problems are mentioned. Get the names of the previous owners, the repair details, the mileage that they claim, and how long before you take possession in writing. If at all possible, checking out the owners beforehand is a good idea, but you might not be in a situation where this is possible.

A boat auction is a great place to get a terrific deal, if you remember what you are looking for and what you can spend. Take some time and see if you can find the boat of your dreams at your next boat auction!
About the Author
William Scott contributes boating articles to http://BoatingArticleSite.com, a site committed to providing useful tips on boat auctions .
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