Brokerage P/EX, Shared Ownership & Charter
Brokerage Part Exchange
As well as our part exchange scheme against new boat purchases we also offer a Brokerage Part Exchange facility. This is considered on a case by case basis considering both boats involved. Having a very strong brokerage operation enables us to consider all makes and models of boats for part exchange.
How to request a brokerage part exchange
We need to have full information on your boat together with your realistic expectation of a cost to change. The value of your boat is not the same as against a new boat and will be considered at a trade value. For us to initially decide if a deal may be possible the following information is required:
- A basic specification for your boat (previous details with notes on upgrades & maintenance are ideal)
- Information on available title such as Bills of Sale, VAT proof and CE/RCD approval if applicable
- Some recent pictures showing condition (ideally inside and out)
- Any recent survey or professional inspection reports
- Current location and timescale for completion
What happens next
If we agree that your part exchange deal is possible and you have confirmed you are happy to move forward with the boat you wish to purchase we will arrange to inspect your boat. We will offer you a part exchange price subject to a satisfactory survey/engineers report at our expense. If you choose to accept our offer we will then draw up contracts, ask for a refundable deposit to secure your next boat and you continue your purchase. When you are satisfied with the boat you are buying we will then arrange our survey. On receipt of the report we will either confirm the agreed price, ask for some remedial works to be carried out or withdraw our offer. If we withdraw our offer your deposit is refunded.
This allows you to consider our brokerage boats with your boat becoming part of the purchase at an agreed price. We also offer special brokerage deals including free storage and discounted rates if our part exchange offer isn’t acceptable. This gives you the chance to gain a higher sale price on brokerage without our associated costs to cover risk, fair margin and stocking costs if you do not need the funds to complete your next boat purchase. Contact us for further information on our Brokerage Part Exchange facility.
Over the years we have helped a number of customers with consortium and shared ownership purchases. This can be an excellent way to own the boat you want but at a much reduced cost. If this is something you may be interested in please contact us for more information. From finding the right person or people to share with, locating and specifying your boat (new or second hand) to insurance, deciding on berthing, agreeing maintenance schedules, finance and legal agreements, we can help.
An alternative to shared ownership is charter management. We have relationships with a number of different charter companies and sailing schools, based throughout the UK and Europe as well as on the East coast, so are ideally placed to find the right option for you. This can vary from occasional light charter with a professional skipper to full flotilla charter with limited usage but a return on your investment. Although usually only possible with new purchases we do know of opportunities with selected second hand boats. To see if this will suit your needs please contact us for further information.