Users' questions

Is there a way to sell my boat privately?

Is there a way to sell my boat privately?

The process of selling your boat privately can be a daunting task. If you’re interested in learning about the ins-and-outs of selling, then look no further! The experts at Boat Trader have compiled an extensive list of suggestions to ensure a quick sale.

Can you sell a boat without a warranty?

A warranty gives the buyer protection so that if a claim should arise that existed before the sale, the seller will be liable for it, not the buyer. It’s also possible to sell a boat without making any warranties about title. In this situation, the buyer takes on full responsibility should any claim arise after the sale.

How much does it cost to sell a boat in Illinois?

*This value is going to be 6.25% of the price paid for the boat. *If the boat value is $12,000, you will owe a tax amount of $750. *Separate the values of the boat and trailer on the signed bill of sale (i.e. $12,000 Boat, $2,500 Trailer, $14,500 Total).

Where to get a title for a boat with Bill of sale?

Once the sale is complete, the buyer must apply for legal title with the state agency that handles boat registration. It might be the department of motor vehicles (DMV) or the game and wildlife agency or another agency. Check your state’s website to determine where you need to register the boat.

Can a boat be sold from a prior owner?

A boat purchased from a prior owner or someone not in the business of selling boats is considered a casual or isolated sale. The prior owner’s title, certificate of origin, or the Wildlife and Fisheries registration certificate must be properly signed over to the new owner with a notarized bill of sale signed by both parties.

What to look for in a private party boat sale?

Disclosure by the seller regarding the boat’s condition can be a sticky subject. Most private-party sellers sell their boat in “as-is” condition. As-is sales offer virtually no recourse against the seller should a problem become apparent, so having a survey and sea trial becomes even more important.

How much does a personal watercraft boat cost?

How much do personal watercraft boats cost? Personal Watercraft boats for sale on Boat Trader are available for a range of prices from a sensible $3,093 on the moderate end all the way up to $53,446 for the more lavish boat models.

What’s the best way to sell a boat?

A “purchase and sales agreement” is the best method to protect you. Too often a private-party boat purchase includes an exchange of money and handshake to consummate the sale.

What do I need to sell my runabout boat?

To sell a simple runabout, PWC or a bass boat, the paperwork you need to fill out will vary by state. However, in most states, typically all that’s needed for cash transactions is the title signed over to the new owner, who then takes it to the department of motor vehicles office and applies for a new title.

How do you get a title for a boat?

Complete an application for a title. Each state has a title application form that you must fill out with your name, address, and other information regarding the boat you’ve just purchased. The information you provide will be used to issue your new title. Some states also require you to present a written bill of sale for the boat.

What to put in an ad for a used boat?

A typical used-boat buyer wants the boat to be as clean and “new looking” as possible. He or she doesn’t need you to tell him that “it’s a great family boat” or that you “hate to sell it.” Your ad needs to focus on what’s in it for the buyer.

Can you sell a boat with no title?

If you have a savvy ‘fast license and title service’ nearby,they will take care of all the paper work for a small fee. legally the seller does not have title to sell the boat. have them get clear title in their name, then buy it. it is his responsiblity, to provide you with a clear and marketable title/registration, which ever that state uses.

What happens when you sell a used boat?

When selling a used boat, there is a short period where the price is negotiated. Once the buyer and seller agree on a price, it is time to secure the boat purchase. At this point, the buyer will be expected to make a payment. Payment methods vary from person to person.

To sell a simple runabout, PWC or a bass boat, the paperwork you need to fill out will vary by state. However, in most states, typically all that’s needed for cash transactions is the title signed over to the new owner, who then takes it to the department of motor vehicles office and applies for a new title.

Is the boat title still in the previous owner’s name?

The current owner has indicated the title is still in the name of the previous owner even though they have used the boat for one season (they got this smaller boat in trade for their bigger boat plus cash). What issues does this present for me as the buyer? fwiw, me (buyer) is in IL and they (seller) is in MD.

The process of selling your boat privately can be a daunting task. If you’re interested in learning about the ins-and-outs of selling, then look no further! The experts at Boat Trader have compiled an extensive list of suggestions to ensure a quick sale.

How many people can be on a houseboat?

Houseboats are popular for their medium-depth draft and exceptionally wide beam, characteristics that make these boats favorable for living aboard. Houseboats are also popular boats for coastal, inshore and offshore boating. From our current listings, the average number of passengers that houseboats can take is 55 people with a maximum of 55.

How to force the sale of jointly owned property?

How to Force the Sale of Jointly Owned Property (step-by-step) In short, to force the sale of jointly owned property, you must first confirm title, then attempt a voluntary sale or buyout, file and serve a partition lawsuit, get an appraisal, sell the property, and finally divide the sale proceeds fairly.