Like Tree0Likes

Dealer consignment questions??

Reply
Old 08-14-2002, 01:35 PM
  #1
djm
Registered
Thread Starter
 
djm's Avatar
 
Join Date: Nov 2000
Location: NJ
My Boats: boating sleeping drinking fishing drinking eating hunting
Posts: 168
Question Dealer consignment questions??

What is a typical percentage for the dealer to take? 10%? Will a dealer get more money for the boat compared to a private owner? What is the advantage to this besides gaining more advertising exposure? Thanks, Dan
djm is offline  
Reply With Quote
Old 08-14-2002, 01:49 PM
  #2
Registered
 
Strike's Avatar
 
Join Date: Dec 2000
Location: Niagara River & Eastern Lake Erie
My Boats: Demos
Posts: 713
Default

We charge 10%, but will work with you. I always ask what you need to put in your pocket and work around that figure, as long as it is in line.
A dealer will advertise your boat which costs money of course. He also has a major edge, as he can arrange financing and handles registration work and documentation issues.
You definately get more exposure this way. Plus you don't have to answer the phone and wait for people to show up. A lot of times they don't!
Strike is offline  
Reply With Quote
Old 08-14-2002, 01:49 PM
  #3
Cramer
Guest
 
Posts: n/a
Default

Thats a good question. Well being that I am a dealer I will jump in on this one....

To answer the fisrt question. Most dealers charge 10%, but if you look real hard you can find dealer that will do it for 7% or so.

Next question. The reason that you broker is simple. We as a company have a data base of 30,000 boaters looking for boats. Now we are one of the bigger dealers as a corperation. But we also have 5 Web sites and contless bilboards and things like that.

So I guess one other reason is that you dont have to deal with the ones that arn't serios about actualy buying the boat. Just the ones that want to own it.

Cramer
 
Reply With Quote
Old 08-14-2002, 05:50 PM
  #4
djm
Registered
Thread Starter
 
djm's Avatar
 
Join Date: Nov 2000
Location: NJ
My Boats: boating sleeping drinking fishing drinking eating hunting
Posts: 168
Default

Do you think a dealer can get a higher price than a private owner?? Assuming sales tactics are equally effective??
djm is offline  
Reply With Quote
Old 08-14-2002, 06:00 PM
  #5
Registered
 
Strike's Avatar
 
Join Date: Dec 2000
Location: Niagara River & Eastern Lake Erie
My Boats: Demos
Posts: 713
Default

More often than not, a dealer will sell a vessel for more if he is a full service marina. We will do a leak down and pressure test for a buyer and make sure everything is in opperation as well as inspect the trailer. Larger boats require more time. Any extensive repairs required however, are the responsibility of the contractee, not the broker. I turn down boats that I would not trust, as we also have a reputation to maintain. I don't like surprises! So we check them close first.
With all the services a dealer can perform it would be logical.
Cramer is also correct regarding the data base. And we have a captive audience!
Strike is offline  
Reply With Quote
Old 08-15-2002, 12:27 PM
  #6
Registered
 
Strike's Avatar
 
Join Date: Dec 2000
Location: Niagara River & Eastern Lake Erie
My Boats: Demos
Posts: 713
Default

ttt
Strike is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
engineno9
General Boating Discussion
0
07-17-2006 10:20 PM
Brett567
General Boating Discussion
14
12-08-2005 02:15 PM
later
Fountain
9
02-20-2005 02:37 PM
32fever
General Boating Discussion
13
10-12-2002 02:47 PM
Red Stripe
General Q & A
7
05-28-2002 07:48 AM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 07:38 AM.


Copyright 2011 OffShoreOnly. All rights reserved.