Selling A Boat – Tips on selling and tips on buying

  • Krh129
    Posts: 157
    #2149063

    Just a thought, not looking for an answer, but if this boat is paid for or close to it why not just hang onto it? Unless the goal here is to lower your burn rate per month, cash out completely or down size to a smaller boat and have cash in your pocket after doing it. Buying anything used is a risk, at least now you know what you got and you cannot put a price on peace of mind.

    crappie55369
    Mound, MN
    Posts: 5757
    #2149074

    Just a thought, not looking for an answer, but if this boat is paid for or close to it why not just hang onto it? Unless the goal here is to lower your burn rate per month, cash out completely or down size to a smaller boat and have cash in your pocket after doing it. Buying anything used is a risk, at least now you know what you got and you cannot put a price on peace of mind.

    yeah fair point. Things have been a bit tight lately. Ive been looking at ways of either cutting back in areas or ways to generate cash flow. the thought occurred to me while sitting in the driveway and looking over thinking “well theres a 30k toy that hardly gets used”. Figured i could take 20k worth of that and put it to good use while still having a 10k boat to get on the water with

    Krh129
    Posts: 157
    #2149101

    <div class=”d4p-bbt-quote-title”>Krh129 wrote:</div>
    Just a thought, not looking for an answer, but if this boat is paid for or close to it why not just hang onto it? Unless the goal here is to lower your burn rate per month, cash out completely or down size to a smaller boat and have cash in your pocket after doing it. Buying anything used is a risk, at least now you know what you got and you cannot put a price on peace of mind.

    yeah fair point. Things have been a bit tight lately. Ive been looking at ways of either cutting back in areas or ways to generate cash flow. the thought occurred to me while sitting in the driveway and looking over thinking “well theres a 30k toy that hardly gets used”. Figured i could take 20k worth of that and put it to good use while still having a 10k boat to get on the water with

    Totally get it.

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