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WVU-SCPA

Flipping Boats (reselling)

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Does anyone have experience on cleaning up a boat for resale?

 

I stumbled across a 2011 bass tracker pro team 175 tf that hasn't left it's garage in over 2 years.  Not a boat I really want or need, but for the asking price of $5,500 I'm struggling to pass on it.  Boat is in overall good shape and has electronics of value.

 

Am I forgetting any cost other than maintenance and transfer cost?

 

Any thoughts would be appreciated.

 

 

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If it's what you say it is, it's $10k all day for that boat.  Might have to hang on to it until spring, though.

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The motor and trailer  may be worth that

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Motor, fuel lines and fuel tanks would be my biggest concern.  Those are the things that "sitting" affects.  

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if everything checks out, it's well worth the $5,500 asking price.

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Depends on your boat and motor knowledge.  Sitting that long, as a minimum the fuel system should be flushed and cleaned, the water pump needs replaced, sitting that long it will have a pretty good set on the blades, most likely it will need new batteries, either by the seller or buyer.  This could be over $1,000 if a shop has to do the work. 

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Thank you for the input,  notes taken.  I don't see a reason for it not reselling for 9k+, so a grand or two into it might be worth it.

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Check out the live well cable to make sure it is working correctly.

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Brand new or even used the saying is all the same... A boat is just a hole in the water that we throw our hard earned money in. Especially the "good deals"!

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Why hasn't it left the garage in 2yrs is probably a question I'd ask the seller. You didn't mention anything about the why part.

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That's the other dilemma.  It's a friend of a friend that has reach the age where they haven't been able to use the boat.

 

He isn't actively searching for a buyer,  but I feel morally responsible to tell him my plans if I buy the boat.

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8 hours ago, WVU-SCPA said:

That's the other dilemma.  It's a friend of a friend that has reach the age where they haven't been able to use the boat.

 

He isn't actively searching for a buyer,  but I feel morally responsible to tell him my plans if I buy the boat.

Maybe there's a middle ground. Offer to act as his agent to sell the boat, and take a 20% commission on the sale price over $5,500.

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