Assessing The Value of Your Boat

To decide the price at which to sell your boat, do what the buyers do and ­research the current market. This means looking through magazines like Afloat and noting what prices are being asked by brokers and dealers ­ and private advertisers ­ for your type of boat. Remember that your boat may well be worth more than those you've seen advertised, depending on several factors including specification and condition.

Once you've carried out your assessment, then you can decide at what price to advertise.

If you sell through a broker, they'll be able to advise you. If you're selling privately, you should aim to set your price just below that advertised by brokers for an identical boat, leaving you room for negotiation, to end up with a satisfactory price. However, if you want to sell it quickly, then you may have to think again. It's up to you.