Boat Auctions Online
An Honest Assessment of Online Boat Auctions
Boat auctions online can draw bargain boat buyers and dealers from all over. The possibility of finding a repo boat, power or sail for as much as 60% off is often just around the corner it seems. Here's an honest assessment as to what I've found as of recent.
If you're looking to buy a fishing boat (list of Boat Builders) or pontoon for a lot less than what your neighbor paid, then what you're about to read may be some help.
Why Do Boat Auctions Offer You A Legitimate Way To Save?
Government Boat Auctions (free)First point is that buying a bank repo boat online or via. auction is a legitimate way to find discounted boat sales. And perhaps even more important: is the fact that boat auctions put you in front of motivated sellers.
A motivated seller could be a distressed owner or even a dealer trying to move old inventory off his lot. When it comes to repo boats for sale at a local or regional auction it is often a motivated lender who's simply trying to mitigate their loss on an repossessed boat, yacht, ATV, or RV the owner put up as collateral.
Every day, week, or month that goes by you have a depreciating asset that a seller is very eager and willing to negotiate down to a price that relieves him of that problem.
With respect to motivated sellers, dealers are often highly motivated to get rid of boat inventory via. a lender approved short sale. Just like with the housing market lenders will often agree to allow boat dealers and brokers to liquidate some of their "must sell" inventory for less than the balance of the loan (which in many cases is less than market value). Some of the boat auctions links below will point you to online tools that will actually put you on alert to these opportunities.
The problem from a buyers stand point is that often boat auction houses, marine dealers, and online boat classified sites (i.e. Boat Trader) will quietly facilitate a short sale or bank repo boat sale with hardly anyone knowing about it.
The fact is that boat auction events online quickly come and go. Auction organizers simply have a fixed budget to announce the event for a month or few weeks via. the local paper or online classified website(i.e. Craigslist) and it's hard to keep up with all of them...especially during boating season.
For example, last year this boat liquidation sale at the fairgrounds in Vero Beach, Florida quickly came and went. The prices that some of these repo boats were sold for:
In all there were nearly 100 boat repossessions, short sales, dealer trades, and private owner liquidations. The boat auction preview lasted all day (for 24 hours) on Saturday July 23, 11:00 am through Sunday July 24, 2014. But it wasn't just boats up for auction people discovered all sorts of boat accessories, boat equipment, antique collectibles and marine artifacts, maps, fishing rods and reels, lures and lines, boating apparel, taxidermy, diving equipment. Access fee for the day was $7. But a lot of potential boat buyers missed out.
How to Find Hot Boat Auctions Online...
Above giant boat auction event through Boat Auctions Direct and Google Alerts. But most miss these come and go auction events because who has the time to keep up.
By the way the 3rd annual Palm Beach Marine Flea Market will be held in a few weeks. You can check it and later boat auctions in South Florida here: www.flnauticalfleamarket.com.
Government Boat Auctions
Boat repo auctions occur mostly via. banks and credit unions but sometimes the U.S. Coast Guard will seize boats. You can frequently see online Police or Government auction sites claiming to liquidate their seized boats for sale along with all kinds of other assets. However, Police auction type sites may only show 3 to 5 boats or equipment for auction. In my experience it is not a deep source for finding discounted boats.
You do not need to buy into any Police or Government Auction membership
site since all the assets they auction are just pulled from sites
as this: http://gsaauctions.gov
Gov't auction sites
You can get a free list of sites to find Government Boat Auctions as well at: GovernmentBoatAuctions.org. But understand that you will find a lot more assets than boats as well. Again, Gov't auction sites are not the best resource if you're specifically looking for online boat auctions or repo boats.
Boat Export USA
All Inclusive solutions for boat owners and export worldwide. Boat Export USA advertise over 50,000 US online boat listings( include cabin cruisers, performance boats, sail boats, catamarans, bass and deck boats, pontoon, sport cruisers, cuddy cabin, and bowriders) posted for sale boat owners, and dealers in all 50 US States.
Export partner of Boat Shipping FL, they arrange boat inspection and marine survey, sales,offers and purchase contract, legalization services and funds escrow disbursement.
Tel: +1 786-908-3715
Boats Direct USA
Boats Direct USA is your connection for the prices and selection on new and used boats, new and used boats, custom built center consoles and much more. Boats Direct USA has customers fly in from all over the USA.
98150 Overseas Hwy
Key Largo, FL
Tel: +1 305-453-6668
ADESA Company is North America's premier boat auction operator.
ADESA offers boats and marine productsat several specialty auctions throughout the U.S and Canada. In fact, ADESA operates over 70 whole vehicle auctions across US include IAA, PAR, AutoVIN and Dent Demon.
LiveBlock product lets you bid real-time audio visual feeds against other dealers who are physically at a live auction. it's a great way to Bid and save your money and time. You need to register to access "Adesa" LiveBlock.
ADESA offers boats marine products auctions for all types of boats, from wakeboards, water skis, towables to documented vessels at several specialty boat auctions throughout the North America and Mexico.
At ADESA boat auctions, you’ll find: knowledgeable and dedicated staff, regularly monthly sale dates, reports at no cost, online lists, inspections and financial transactions and RV, Powersports and Marine auctions calendar.
Live boat auctions via LiveBlock
Log in online to "DealerBlock" to attend an actual Marine auction site.
ADESA Marine Auctions
ADESA offers boats and marine products auctions for all types of boats, from wakeboards, water skis, towables to documented vessels at several specialty boat auctions throughout the North America and Mexico.
Marine Auctions (Australia)
List your boat in Australia area. Marine Auctions online auction, connect buyers and sellers, believe acting ethically and with integrity are the foundation for building trust, confidence and relationships that are necessary for MA long term success.
SalvageBid .com presents a wide array of powerboats, which includes salvage boats of different models such as, Chrysler, Avalon, Scout, Maxum or Yamaha for sale. Interested boat buyers can place bid from any part of the world as well.
For sale in US, Maryland and Annapolis via LIVE AUCTION. Boat offers (a $20.00 first time bid fee) are and opened and cut off on Monday at 4:00pm ET, including the live boat auctions which have individual end times listed. Automatically sorted bids are sorted on each boat is submitted to the b owner on Tuesday morning.
Please call (410) 571-3459 for details. http://www.yachtauctions.com/
Leader in live online salvage boat auctions. Over 1000 boats on sale. Salvage, used boats equipment, fleet and more.
K-Bid Online Auctions
Item Categories: Vehicles, Marine & aviation, Marine, Deck, Pontoon, Fishing boats, House-boats, Powerboats & motorboats, Cars & trucks.
Are you In the boating market for a boat. This toy cabin cruiser, hauler, power and sailboat and more are looking for a new home. Click www.k-bid.com to preview of some of the boats to be sold, choice for more than 300,000 bidders.