Guide To Selling A Boat

Selling a second-hand boat has its pitfalls. To help youreceived in response to a recent advert selling an
protect your legal rights and be aware of some ofRS200, we have removed the names for security
the common issues Noble Marine have produced thisreasons.
guide to selling a boat. Please note that we have onlyIn these cases the buyer will eventually email offering
addressed the legal aspects of the subject and haveto transfer a much higher sum of money than the
not addressed the different methods of advertisingvalue of the boat into the sellers account and stating
your boat.that they will send a representative to collect the
Advertise your boat onlineboat. Of course the seller would then need to
The Noble Marine boats for sale database containsreimburse the additional money paid by the buyer.
thousands of boats for sale and includes descriptionsThe end result of these types of scams is that the
and detailed photos.buyer's cheque appears to clear and then bounces
The only legal terms that cover a private saleleaving the seller out of pocket by the amount they
contract are:the seller must have the right to sell therefunded to the buyer and with no boat. The
craftthe craft should not be misrepresentedit shouldfraudsters are usually based abroad so it is very
match its descriptiondifficult to recover any compensation from them.
The increasing use of the Internet for boat sales inWhen the sale is complete you should always draw
recent years has seen a large increase in the numberup a sellers contract so that each party can sign and
of fraudsters contacting the people advertising boats.keep a copy as proof of sale.
If you receive an email from a potential buyer askDon't let anyone take your boat away until you're
yourself if they sound genuine. Most people will besatisfied that you've been paid in full.
able spot spam emails by the broken English and poorCash is always the best way to be paid.
grammar they use - fraudulent emails are noIf you are given a personal or building society
different.cheque, wait for it to clear in your bank before you
The emails detailed at the end of this article werehand the craft to the buyer.