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Post by freewind on Dec 28, 2018 0:18:08 GMT
Having owned my boat now for two years I am ready for a change. I now know what I want . Have made a list of desirable features and have seen advertised several boats that tick about 60% of the boxes,which I think is about as close to my ideal boat as I will get. I got a bit of a fright when I read my mooring contract.If the marina broker my boat,they charge 5.4% plus advertising charges.If I sell it myself privately they charge 2.5% plus VAT. If I was to sell on fleabay their charge is £250 plus listing fee,so it is not going to be much cheaper selling it myself. I did sign the mooring contract initially,but didn't at the time think ahead to changing boats. [silly bugger me!] I am not by nature dishonest,but parting with a large chunk of money just to sell my boat will hurt.
I am seriously considering giving my notice at my mooring,putting my boat up for auction on fleabay,putting a high reserve price on it (one that it won't reach) and doing a deal off fleabay. (if it doesn't reach it's reserve price then there are no further charges)
Am I being a crook doing this? or is this quite legitimate business practice?
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Deleted
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Post by Deleted on Dec 28, 2018 0:31:06 GMT
Having owned my boat now for two years I am ready for a change. I now know what I want . Have made a list of desirable features and have seen advertised several boats that tick about 60% of the boxes,which I think is about as close to my ideal boat as I will get. I got a bit of a fright when I read my mooring contract.If the marina broker my boat,they charge 5.4% plus advertising charges.If I sell it myself privately they charge 2.5% plus VAT. If I was to sell on fleabay their charge is £250 plus listing fee,so it is not going to be much cheaper selling it myself. I did sign the mooring contract initially,but didn't at the time think ahead to changing boats. [silly bugger me!] I am not by nature dishonest,but parting with a large chunk of money just to sell my boat will hurt. I am seriously considering giving my notice at my mooring,putting my boat up for auction on fleabay,putting a high reserve price on it (one that it won't reach) and doing a deal off fleabay. (if it doesn't reach it's reserve price then there are no further charges) Am I being a crook doing this? or is this quite legitimate business practice? A bit naughty in the moral sense, but many do just that.
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Post by Clinton Cool on Dec 28, 2018 7:16:02 GMT
If you sold it yourself privately, I don't think there would be any need for them to know the real sale price, would there?
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Post by ianali on Dec 28, 2018 7:45:08 GMT
I believe that selling through a decent broker can achieve a higher selling price. This is obviously offset against the selling fee. A good broker will also weed out the time wasters and scammers. Another thing I am not sure of is whether you can advertise on Apollo duck? Good luck with it.
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Post by phil70 on Dec 28, 2018 8:13:00 GMT
Marinas taking a cut is commonplace, however being able to sell a boat that is on a mooring enables you to get a higher price Recently been there and done it. Phil
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Post by Deleted on Dec 28, 2018 13:11:33 GMT
I would suggest that whatever sells the boat the fastest, easiest, most hassle free is worth a commission, but other opinions are available.
Good luck however you decide.
Rog
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Post by patty on Dec 28, 2018 17:00:24 GMT
Marina I was in didn't take a cut but it did get 3 months mooring off me as I'd paid in advance so I suppose swings n roundabouts
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Post by brummieboy on Dec 29, 2018 22:44:16 GMT
If you list on E-bay with a reserve, if you don't sell, aren't you liable for a percentage charge of your reserve? If you don't sell a lot, then they won't have any funds to sequester, but you could never go back.
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