Tuesday, December 3, 2013

Trading in your boat

I find that often-times when clients see boats that are represented on a brokerage basis they are discouraged because of the misconception that a dealer or broker can only take a trade on a boat they own in inventory. I make a specific point to include “Trades Welcome” in all of my listings because Landmark Yacht Sales is happy to facilitate trade-in transactions on any of our represented vessels, whether owned in inventory or represented as a brokerage offer. 




If you’re considering upgrading, downsizing, or changing the style of boating you do, negotiating a trade is a great way to transition into the new boat while keeping the process as simple as possible. 

Some benefits to considering trading your current boat are: 
  • No double-ownership concerns; slip space, carrying costs, etc. 
  • Freedom to pursue an immediate opportunity on a new vessel 
  • Minimize fees for two sales transactions 
  • Sales-tax credit, which often helps to close the gap between trade value and retail sale value 
As an experienced broker, part of my job is knowing all of your options for making a change in boat ownership, including creative trade options. If your current boat is the only thing standing in the way of a new purchase, I’m happy to discuss the options for trade or sale and give my recommendation for the best way to accomplish your goals.  A brokerage trade can be one of the best values in our industry with regard to cost for services, drop me a line to find out how!

Rob Buscaino, rob@landmarkyachtsales.com, 727-422-3914