Why Wholesale?

Time is Money

Selling your boat on your own might seem easy, but normally it is a painful, long process.  According to Boats Group, the average listing receives close to 30 leads prior to it selling. That means as much as 1-100 conversations per customer, countless meetings, and then the entire selling process until someone finally can close.  A typical buyer may need as long as 3-5 weeks to close on a boat due to financing and inexperience with lining up inspections. There is nothing more frustrating than a buyer dragging a deal out and then backing out at the last minute, or their financing falling through.  Your time is valuable - selling a boat on average, between the phone calls, distractions, emails, doing a proper listing, preparing your boat for a retail buyer, meetings, sea trials, being present during a survey inspection, lining up repairs after your inspection, doing your own paperwork, etc. will likely take 100 hours of your time, minimum. That is not counting the countless distractions and the time you spend thinking about what you need to do in order to get your boat sold, instead of doing what makes you money. Whatever your time is worth an hour, multiply that by 100. Whether you realize it or not, the process of selling your boat can cause a massive psychological burden that affects other investments and opportunities.  Having strangers come to your home is also not always a pleasant experience. 

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Costs and Depreciation

Selling your boat is costly. Retail buyers expect brand new boats, at low used boat prices. That means you need to make sure that they are turn-key both cosmetically and mechanically, and kept that way for each showing.  Otherwise, a surveyor will get on board and either kill your sale, or will give the buyer a massive punch-list that he will want fixed, or a hefty credit for.  OTH can see past cosmetic issues and minor mechanical problems.  We have a full time staff who specializes solely in preparing boats for sale.  We have a large service team that has streamlined the process of restoring boats and bringing them to market. Additionally, the carrying costs while trying to sell your boat rack up FAST.  In addition to your time - your most valuable asset that you can never replace - you may have the following carrying costs: storage fee, winterization (for some), spring commissioning, shrink wrap, insurance, interest (if you have a note), the opportunity cost if you have your cash tied up in a depreciating asset / not being able to make a cash offer on your next boat, Systems breaking, even when the boat is just sitting, keeping the boat clean and protected from the sun and other elements, ongoing maintenance, depreciation and LISTING FEES if you decide you finally give up and want to list with a broker! We have never had a customer who regret selling their boat to us, but we have had countless customers come back 30 days later, and sometimes even a year later, wishing they had sold their boat to us. We Buy Boats has been the leading marine wholesaler since 2012 and has purchased thousands of boats from happy customers around the world. There are countless reasons why wholesaling is likely the best way for you to sell your boat, and why we have 100% happy customers.