Who Buys Junk Boats Near Me
Finding options to get rid of a junk boat isn’t as easy as junking a car. There just aren’t as many businesses who pay cash and then there is the headache of transportation. Depending on where the boat is located may add to the complexity of salvaging it. Below I will share options for junking a boat or other watercraft, how it works, some tips, and my experience with the place who buys junk boats near me.
Who Buys Junk Boats Near Me – Junk Boat Buyer Locator
If you are looking for “Who Buys Junk Boats Near Me” and “Junk a Boat for Cash Near Me”, below are a few of your best options. You can use the map controls to fine tune your results…
The place who buys junk boats near me is basically “middle man” in the process and there are better options that calling a junk a boat for cash place.Unlike cars, you can’t just sell a boat for scrap metal either, because there is the whole fiberglass dilemma. So where does that leave us with your boat…
Who Buys Junk Boats Near Me
No matter the reason your boat is junked, there is often someone who will buy it. I’ve seen practically sunk storm damaged boats sell and boats demolished id drunk boating accidents still be able to sell for even a little something. Consider the following options for who buys junk boats near me…
Boat Salvages – BEST OPTION
Boat salvage yards are the ideal place to sell a junk boat. These businesses buy wrecked boats and then sell them off for functioning parts. The more functioning parts your boat has the more value it has to the salvage.
Typically a salvage will offer you a low ball price for your watercraft to start. If the boat runs or still has good value in parts you can negotiate up. When you call a boat salvage that buys junked boats, don’t expect to get the full value out of the boat and the working parts. These places need to leave room in the price so that they can sell parts and make a profit.
The good part about a marine and boat salvage though is that they are consistent. You can read reviews and generally find out how much other people have sold their salvage boats for. This can help you have realistic expectations when negotiating. Find a boat salvage yard here.
Boat Auction Houses
When people think of boat auctions, they typically imagine a fancy yacht auction. Many auctions will have junked and salvage marine watercraft. What you can do is find an auction house who deals in boats. You can consign the junked boat to them and they will take care of everything for you from marketing, dealing with the public, and collecting payment. You will give up an agreed upon percentage of the highest bid in order for them to sell it on your behalf.
One of the best benefits of selling a boat through auction is that you get a fixed date. You know that on the date of the auction, you will no longer own the boat and someone else can start picking up the bills on it. Another think that is a nice about getting rid of a junked boat through auction, is you may in fact get more money for it then you anticipated. To ensure you don’t take a loss, some auctions will let you set a reserve.
To sell a junk boat through auction you will need to be the title owner and the title must be free of liens. They will ask you to provide the year, make, model, size, and condition of the boat. They may also ask for photos. Find boat auctions here.
Cash for Boat Buyers
Similar to cash for car buyers, there are cash for boat buyers. In fact, some of these are the same buyers, They are middle men in the process, which is why you won’t get the highest amount through them. They buy your junked boat and then either: sell it to a salvage, auction it, or fix it and sell it with a salvage title at an auction.
The good part about these places is they do make it easy to sell your junk watercraft. It’s often as basic as filling out a form, proving you are the title holder, waiting for approval, getting paid, and arranging a transport. Some places will take the boat from you. So while maybe you don’t get the best prices from them, there is something to be said for convenience.
The place who buys boats near me, is one of these middle men cash for boat buyers. They can get things done really quickly if the title is clean. The downside again of all this is that you are leaving money on the table, because they are going to flip your boat for a profit.
Craigslist and Ebay
Trying to get rid of your boat yourself is never a bad first step. You can post it up on Ebay or Craigslist and seeing what you can get for it. You will find people who buy junk boats locally who are looking for parts or want to try and repair it to sell with a salvage title.
While you certainly can reach a large audience of junk boat buyers, it is a pain to deal with the public, have to show the boat regularly, and arranging transport is often a headache. In my experience most people post their junk boat online for a private sale and then opt to call a junkyard, when they realize what a pain selling privately is.
If you can’t find someone to buy your junked boat, a good alternative is to donate it to charity. You want to find a place that will offer you a tax write off for it. A Charity is like a middle man junk boat buyer, because they too will move it for cash. If you do consider donating the boat for charity just make sure you are dealing with a legitimate 501(c)(3) tax exempt charity.
Here are three organizations that will give you a tax write off for your junked boat:
Before You Sell Your Junk Boat…
Before you seek out who buys junk boats near me, remember that anyone who is buying a junk boat is looking to make money. Before you go and let someone low ball you, just make sure you consider all your options first.
Ask yourself questions like:
- What condition is the boat really in?
- What is the KBB watercraft value for the lowest possible condition rating?
- Can I get it running?
- How much would repairs cost compared to the boats value now?
- Are there parts on here I could strip myself and sell off on Ebay?
- What are similar used and junked boats selling for on Ebay?
If you decide that scrapping the boat is the best alternative, then do the following:
- Remove all your stuff from the cabin, compartments, storage, and stow away areas.
- Cancel the insurance and registration. (if you let a junkyard do this they sometimes send a bill after for administrative fees.
- Find the title for the boat and have it ready.
- Have a reasonable value in your mind that you want for it and have justification on why it’s worth the price
How to Getting Max Value When Selling Your Junk Boat
- Consider all your alternatives and call around. Call various salvage yards, charities, auction houses, etc…
- If you sell the boat and they are transporting it for you, have paperwork and cash in hand before they hook the boat up. Things can get funny after they hook it.
- If you feel things are sketchy or you haven’t gotten your end of the bargain, do not sign over the title.
- Never give money to the trailer driver, negotiate the cost of the tow in with the price of the the vessel.
Who Buys Junk Boats Near Me Conclusion
There are quite a few options for selling a boat locally. The closer you live to water, the easier it is and the more options you will have. While my favorite options are salvage yards, auctions, and charities are other really worth while considerations. I think one of the hardest parts of any of these situations in the transport of the vessel. If it is still in the water or on blocks, it’s just not as straight forward as towing a wheeled vehicle. Bear in mind most places you deal with who buy junk boats are looking at it to make a profit, so that means they are going to low ball you. Be prepared to negotiate and state the value and the valuable components that are still in the vessel. That’s what I have learned from the place who buys junk boats near me.