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OBA Buying Tip # 2 | How to Spot a Good Deal at an Online Boat Auction

Aziza | BASCO Team

Oct 6, 2024

Here are five simple strategies to help you spot a good deal and make a smart purchase.

Online boat auctions can be a treasure trove of opportunities for savvy buyers. With the right strategies, you can find amazing deals that others might overlook.


Here are five simple strategies to help you spot a good deal and make a smart purchase.


1. Know What You Want


Before you begin browsing, take a moment to clarify what kind of boat you’re looking for. Are you interested in a fishing boat, a sailboat, or perhaps a family cruiser?


Additionally, if the boat is available online, be sure to consider the associated expenses. Some boats are sold "as is, where is," so it's essential to have a clear understanding of any additional costs you may incur.


2. Check the Credibility of the Auction Platform


Not all auction sites are created equal. Research the platform to ensure it has a good reputation. Look for reviews, ratings, and testimonials from other buyers. A trustworthy auction site should provide clear information about the bidding process, seller credentials, and customer support. This will give you confidence as you handle your options.


3. Do Your Inspection


Always inspect the boat listing closely. Look for detailed descriptions and quality photos. A well-detailed listing should include information about the boat’s condition, maintenance history, and any repairs needed. 


4. Schedule a Viewing


If possible, try to see the boat in person before you bid. Scheduling a viewing allows you to check the boat’s condition firsthand and ask the seller any questions. If you can’t make it to the auction site, consider asking for a virtual tour. This gives you a better sense of what you’re getting into and helps you make a more informed decision.


5. Ask Questions


Don’t hesitate to reach out to the seller or broker with any questions you have. Ask about the boat's history, any issues, or why they're selling it. 


With the right knowledge and preparation, you can uncover fantastic opportunities that suit your needs.


If you’re looking for great offers, check out our October Online Boat Auction [https://boatguru.app/Browse/C242842/Boats-for-Sale-by-Online-Auction] some fantastic deals are waiting for you!


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