Trying to find salvage boats for sale that are worthy of purchasing can be an exhausting endeavor. If you don't understand the proper way to locate quality, rebuildable vessels, you can end up wasting a lot of your time. Adapt the strategy outlined below to ensure that your time and money are both well spent.
Try dealing with the insurance companies directly. Third party companies that deal in salvage auctions and sales often tend to take the best items for themselves, and leave the rest for the general public to purchase. By dealing directly with the insurance companies you'll have the first crack at the best salvage boats for sale, and not be left sifting through unwanted junk.
Work only with certified, reputable dealers. When buying straight from insurance companies isn't an option, make sure that you only do business with trustworthy dealers. This way you'll be able to verify the ownership records on any salvage boats that you buy, and will avoid hidden problems or surprises.
Be proactive about searching. Different salvage boats pop up for sale all the time, and the more proactive you are about searching, the more likely you are to find what you're looking for. A good rule of thumb is to look at least a couple of times a week to make sure that you stay on top of any new listings that arise.
Take action right away when you see find a boat that interests you or seems like an exceptional bargain. There are many other people always on the lookout for salvage boats, making the buying market fairly competitive. If you hesitate to go inspect a boat that looks like good investment, chances are that someone else will beat you to it.
Verify any ownership and accident records before putting your cash on the line. Once you've found a salvage boat that checks out mechanically and is the right price, you need to make sure that all of the paperwork is legitimate before you actually part with your money. If you're buying from an insurance company or reputable dealer this shouldn't be a problem, but make sure that you personally verify these details no matter what.
- Never launch a newly purchased boat or even think about getting inside it while it's in the water until you've had it thoroughly inspected by a professional boat mechanic, and cleared of any safety problems.