Some boat buyers just aren't patient enough to profit from boat auction opportunities mainly because they either are not interested in shopping for a boat at auction or they simply a light stab at it without any real purpose and when they're outbid they promptly determine boat auctions are all a scam or waste of time. Nothing could be further from the truth. Quick assumptions such as this serves auction attendees all over the universe. It enables them to purchase a bank repo boat for example or any Bank or Gov't seized asset at a tremendous bargain.
One under utilized bargain source is Government public auction events. Now I will be up front when it comes to marine related stuff... inventory is limited. In spite of what you've read or heard online, the U.S. Gov't or the Coast Guard just isn't confiscating "thousands of boats and watercraft every single day!"
Government agency auctions are typically free to view and you can do so online. You don't need to pay to view Government auctions! They're available online. And you can pre-inspect if you're willing to drive. Most of them are open to the public and available for viewing online. Gov't agencies. Sources like GSA and USMS are great places to start. But again Government agency auctions aren't the only source you'll want to peruse. There are too many options to consider which is why I tend to lean on auction services that aggregate and organize all that in advance.
Transparent marketplaces like Ebay or Government Liquidation are ok places to start as you might find marine equipment, accessories, parts, or small boats for auction. But there's typically only a small inventory available at any given time. Besides transparent market place like the above are ripe with bidders willing to pay more than retail if it's something specific they want or need. So be careful not to get to excited about high traffic auction sites.
As an example one of the transparent websites that you can find Gov't seized assets is bid4assets.com. The fact that there's thousands of other non-Gov't yet similar assets being auctioned away on this site to the public it's difficult to definitely get a great buy due to the fact everyone has clear view of the market. This is the reason I love pay per view sources that keep most tire kickers from over valuing and bidding. This is why eBay (an extremely transparent marketplace ) is difficult to find popular items like boats or cars at a significant discount.
One under utilized bargain source is Government public auction events. Now I will be up front when it comes to marine related stuff... inventory is limited. In spite of what you've read or heard online, the U.S. Gov't or the Coast Guard just isn't confiscating "thousands of boats and watercraft every single day!"
Government agency auctions are typically free to view and you can do so online. You don't need to pay to view Government auctions! They're available online. And you can pre-inspect if you're willing to drive. Most of them are open to the public and available for viewing online. Gov't agencies. Sources like GSA and USMS are great places to start. But again Government agency auctions aren't the only source you'll want to peruse. There are too many options to consider which is why I tend to lean on auction services that aggregate and organize all that in advance.
Transparent marketplaces like Ebay or Government Liquidation are ok places to start as you might find marine equipment, accessories, parts, or small boats for auction. But there's typically only a small inventory available at any given time. Besides transparent market place like the above are ripe with bidders willing to pay more than retail if it's something specific they want or need. So be careful not to get to excited about high traffic auction sites.
As an example one of the transparent websites that you can find Gov't seized assets is bid4assets.com. The fact that there's thousands of other non-Gov't yet similar assets being auctioned away on this site to the public it's difficult to definitely get a great buy due to the fact everyone has clear view of the market. This is the reason I love pay per view sources that keep most tire kickers from over valuing and bidding. This is why eBay (an extremely transparent marketplace ) is difficult to find popular items like boats or cars at a significant discount.
About the Author:
Start Bidding at: Boat Auctions and get quick access to Lender, Dealer, Government, Lenderruptcy, and owner motivated boat auction events. Buy any boat direct from auction and save! Ole' cousin Sanford has been a Boat Auctions buyer and guide for over seven years and is editor of many auction reports online.
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