vtrailroadguy

Buying a new boat on Ebay?

14 posts in this topic

Not done it, but would say buyer beware. Did sell a sailboat on ebay a few years back. The buyer was from Denver and drove down and inspected the boat before he took ownership. He did not get to take it for a sail since he was in a hurry and we had it lifted before he arrived. The charge for the hual out was his, but he seemed happy with his purchase. It was interesting that during the biding, one person bid and even sent emails asking question, but at the last minute this guy jumped in and won.

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I bought a boat on Ebay from a dealership with the understanding that I would be driving 4 hours up to Connecticut within 5 days to inspect and sea trial it before the sale was final. I did not send them a down payment and was not willing to do same until I had seen and tested the boat. Upon inspection and a satisfactory sea trial, I ended up negotiating the price down another 3000 deer due to some minor issues I found with the boat. The fact that the impeller gave out and stranded us until the dealership could send a tech out to replace it during the sea trial worked in my favor as well and I ended up with a new impeller, great price on a new trailer and 3000 deer less then what I had expected to pay for the boat. Best advice I can give is to proceed very cautiously. If the seller lists themselves anywhere, contact them directly and try and do everything outside of Ebay. Most sellers have listings in other venues, so you should be able to make contact with them if your interested in their boat. Welcome to the forum Josh.

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I bought a boat on Ebay from a dealership with the understanding that I would be driving 4 hours up to Connecticut within 5 days to inspect and sea trial it before the sale was final. I did not send them a down payment and was not willing to do same until I had seen and tested the boat. Upon inspection and a satisfactory sea trial, I ended up negotiating the price down another 3000 deer due to some minor issues I found with the boat. The fact that the impeller gave out and stranded us until the dealership could send a tech out to replace it during the sea trial worked in my favor as well and I ended up with a new impeller, great price on a new trailer and 3000 deer less then what I had expected to pay for the boat. Best advice I can give is to proceed very cautiously. If the seller lists themselves anywhere, contact them directly and try and do everything outside of Ebay. Most sellers have listings in other venues, so you should be able to make contact with them if your interested in their boat. Welcome to the forum Josh.

Try to do it outside of Ebay? Wouldn't Ebay give me some buyer protection?

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The boat in the photos below is for sale. It's a great boat.

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Try to do it outside of Ebay? Wouldn't Ebay give me some buyer protection?

I wouldn't bet thousands on it.

Good luck!

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Bought a 190ssi a couple of years ago on ebay for 20 herds (I bid for my SIL) . Drove 250 miles to check it out before payment. Boat was mint with 25 hours.

My son in law had set up a wire transfer and after inspection he called his bank to give the go ahead on the transfer which turned out to take six hours before it reached the sellers account. Now this was my first experience with a wire transfer but I had anticipated that it would be nearly instant.

Is there another way to do this besides a wire transfer?

I admit that both we and the seller were pretty nervous about doing this ebay deal but it worked out and the boat has been trouble free.

Norb

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Is there another way to do this besides a wire transfer?

If buyer is present during transaction, a cashier's check or bank draft would work ... it's like cash.

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If buyer is present during transaction, a cashier's check or bank draft would work ... it's like cash.

We discussed this option but the buyer was reluctant to release the boat until the check cleared and I can understand that. I don't know if it would be possible to present the check to the sellers bank and have them clear it right away?

This particular deal worked out fine but didn't make me any more comfortable about doing it again.

Norb

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I sold a lot of bikes and cars in my day. For a check deal, I like to go to the buyer's bank with the buyer and have them cut me a cashiers check or get cash. Unless the bank goes out of business, I know it's good and at least I know the check is "real" and not a forgery. i wouldn't trust a personal check.

Sold a lot of bikes with cash, up to $8,000. It's not to hard to hold the bills up to the light and see the strip, or get one of those ink pens that show if a bill is fake.

Sold a WWII Jeep on ebay to a guy in England. Got the buyer to electronic transfer the funds into my account. Few days later we put the vehicle on a car hauler, site unseen, to be shipped over. He sent pictures a few years later after the total restore. It was a great transaction.

I wouldn't give payment until I had seen the boat. I think even a plane ticket is worth the peice of mind to know the boat is legit. Insist on a sea trial, or survey, or both.

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By doing it outside of Ebay, you should be able to negotiate a little more since they won't have to pay the fee's. Ebay does offer some protection, make sure you read your contracts before committing though. With regard to the check, I was dealing with a dealership and brought along a cashiers check, so they were not reluctant to accept it. If it were me, I too would be reluctant to accept a personal check.

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I have bought cars, motorcycles, and yes a Chaparrel 256ssi on Ebay. Maybe I have been lucky but I have been happy with all my purchases. Boat and motorcycle I paid for and had shipped to me from over 1000 miles away, sight unseen. Guess I am more trusting than most.

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I bought my truck on eBay. Contacted the seller, which was a dealership, and negotiated a lower price. He allowed me to 'Make an Offer' of the price we agreed and he accepted it. I gave him a $500 down payment, then flew down to TX to pick it up. I had a cashier's check for the balance with me. They allowed me to take the truck for an hour or so and run down my own checklist and look it over. Handed over the cashier's check and started driving the 1600 miles home! It went well, but if the seller hadn't been responsive, or allowed me to take my time going over it....the deal wouldn't have happened.

--Ben

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