Go Back   Cruiser Log World Cruising & Sailing Forums > Cruising Forums > General Cruising Forum
Cruiser Wiki

Join Cruiser Log Today

Reply
 
Thread Tools Search this Thread Display Modes
 
Old 12-26-2007, 06:01 PM   #1
Ensign
 
Join Date: Nov 2007
Posts: 2
Default

We are currently looking to sell our British registered boat privately whilst in the Caribbean. Any ideas on how to avoid the agents/lawyers fees and tranact a sale safely?
__________________

__________________
shoelessjourney is offline   Reply With Quote
Old 01-11-2008, 08:48 PM   #2
Ensign
 
Sonny's Avatar
 
Join Date: Jan 2007
Posts: 6
Default

Try asking on the web site called www.sailonline.com
__________________

__________________
SONNY

s/y NIRVANA, SO49
Sonny is offline   Reply With Quote
Old 01-11-2008, 08:58 PM   #3
Admiral
 
Trim50's Avatar
 
Join Date: Feb 2006
Home Port: Who cares really...
Vessel Name: T
Posts: 1,215
Send a message via Yahoo to Trim50
Default

What type vessel, what year...etc.
__________________
[
Trim50 is offline   Reply With Quote
Old 01-13-2008, 12:09 AM   #4
Rear Admiral
 
Join Date: Feb 2006
Posts: 437
Default

Tell the buyer that you want a non-refundable deposit (preferably cash) of 10% as proof of his/her sincerity and stop accepting other bids.

Agree upon a closing date in which the balance of of the selling price will be transferred into your account. The sooner the better. I would give the buyer no more than 30 days to complete the money transfer.

DO NOT allow the buyer to move aboard or tinker with the vessel in any way until the transaction is complete.

After you have verification of the money transfer from YOUR banker, accompany the buyer to the local registration authority and both parties sign on the dotted lines.

Here on St Thomas there are no taxes rendered... other than the local registration fee, which should be paid by the new owner. I sold my last boat here and have assisted others with the process. Keep copies of all documents.

Shake hands. Go sailing one last time (if invited) and show the new owner the little tricks you've learned about your old boat.

Check into a nice resort for a few days, relax by the pool and reflect on the good times your old boat provided and contemplate your next big adventure.

Good Luck,

Kirk
__________________
Gallivanters is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

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 Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Just Returned From Caribbean, Selling Our Cruising Gear hericsson Cruiser's Market 3 09-11-2009 11:16 PM
Selling Katadyn Powersurvivor 80e (desalinator) + Extended Cruise Kit nickvr Cruiser's Market 3 01-04-2009 05:51 PM
Selling A Boat In Australia joema Regional Discussion Topics 5 07-31-2007 10:37 PM
Selling Everything And Down Sizing Today Trim50 The Poop Deck 15 06-21-2007 04:00 PM

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

RV & Travel Trailer Communities

Our RV & Travel Trailer sites encompasses virtually all types of Recreational Vehicles, from brand-specific to general RV communities.

» More about our RV Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities


All times are GMT. The time now is 07:02 PM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2016, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.0