Are you looking to sell your boat? Let Brennan Boat Company put our expertise to work for you!
In our over 25+ years of boat sales experience, we have developed a successful brokerage program proven by our large repeat and referral client base. Your boat will be attractively displayed on-site at our easily accessible and frequently visited marina. In addition, we will list your boat on several websites including Boat Trader, Yacht World, Boats.com, and our Brennan Boat site for 24/7 viewing to give your boat the attention and publicity that will get her SOLD!
We are onboard 7 days a week to show your boat. We are staffed with certified technicians to assist in the sea trial process and address any mechanical issues, should they arise. We deal professionally and honestly, and will work diligently to get your boat sold in a timely manner.
Once you have selected your boat, the next step is to make an offer. A firm offer to purchase a pre-owned vessel must be accompanied by a deposit check of 10% of your initial offer. A sales agreement will also be completed. Typically, our contracts are written subject to owner’s acceptance, finance approval (if applicable), survey, and/or mechanical inspection and trial run. The deposit, which has accompanied the sales agreement, will be deposited once we have agreed upon a price and financial approval has been obtained. In most cases, the purchasing process is completed within 10 days and you are able to enjoy your new boat.
Prior to beginning the survey, financial approval must be obtained. We have several marine lending sources available to you. You will speak directly to a marine lending professional who will assist you in procuring the right loan with the most competitive interest rate. Approvals typically are obtained within 24 to 48 hours. If Coast Guard documentation services are required, all necessary documents will be prepared and filed by your marine lending professional. You are welcome to select your own marine lender; however, this will typically delay the purchasing process.
A marine survey is typically required to fund your boat loan. An accredited marine surveyor will thoroughly inspect your boat in and out of the water. Should you require assistance in selecting a qualified marine surveyor, we will provide you with a list of local professionals. The cost of the surveyor is the responsibility of the buyer and additional costs related to the purchase of the vessel will be explained when the contract to purchase is written.
Once the survey has been completed and any resulting issues have been resolved, the next step is to close your loan. You will receive a closing statement itemizing all funds due. Throughout this process, your marine lending professional will also be assisting you in getting the proper documents and obtaining the proper insurance coverage prior to funding your loan. Typically, the closing takes 15 to 30 minutes and is a fast and smooth process.
After you have closed on your new boat, we will go through the boat with you and explain the vessel’s systems and operations. At your request, we can refer you to a licensed captain for further instruction and orientation. Contact us today and get started!