July 1st, 2009
When properly chosen according to your boating needs, used boat engines are very good value. However, caution must be exercised as choosing the right used boat engine must be complemented with paying the right prices for them.
Retail Price of Brand New boat engines
Usually, the price of secondhand boat engines in good condition must play in the range between 50-60 percent of the retail price for their brand-new counterparts. Thus, you must do your research so that you have ammunition during price negotiations! At the very least, you have a starting point for comparative purposes.
Exterior and Interior Condition
Before buying the used boat engines, you should have conducted visual inspections and audio tests that will make damages and deteriorations obvious. From these engine tests, you should be able to secure information on repairs to be done and replacement parts to be purchased. You will then be able to deduct part of the costs from the initial selling price, which is only fair and equitable.
Depreciation Value
Normal wear and tear must be accounted for when purchasing secondhand boat engines, which in accounting circles is called depreciation value. If the straight-line method of depreciation is used, you can deduct fixed figures from the original purchase cost for every year that the used boat engines have been used until these are sold to you. For example, if the trolling motor was originally purchased for $1,000 and has a life expectancy of 10 years, then the depreciation for each year would be $100. If it was sold to you after two years of original purchase, then you can take the $200 depreciation into account when haggling for the right price.
Level of Maintenance Care
However, you must also consider that degree with which the original owner exercised proper maintenance. He/she will also ask for a higher price based on the good condition of the used boat engine even after many years have lapsed. Admittedly, there are many factors to be considered when purchasing used boat engines at a price agreeable to both buyer and seller. But with adequate research, satisfactory inspections and good haggling skills, you definitely can!
Tags: Negotiating The Best Price, Pricing Used Boat Engines, Used Boat Engines
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July 1st, 2009
Good quality used boat engines are readily availabe but there are some important considerations and things you must check to make sure that you don’t buy a lemon. You must perform a thorough visual inspection from the powerhead to the gearbox, listen well to an audio test as well as ask relevant questions regarding past performance and maintenance service done on them. Needless to say, you must have satisfactory results and answers. Determine Before looking at second hand boat motors, be sure that you know what you want in terms of power requirements, shaft lengths, and operational matters like motor mounting height, trim, ventilation and cavitation.
With the many models available in the market, it is best to search for a specific type of motor that will suit your personal needs. Otherwise, you might waste time and money by buying the wrong second hand boat motor to suit your requirements. When you have determined your technical specifications, it is time to look. Check the motor visually. First, look for obvious signs of deterioration and damage like corrosion and cracks on the motors exterior. These are important indications of interior damage as corrosion and cracks mean that excessive quantities of saltwater may have entered and frozen components inside the motor. And of course, these damages might mean that the owners failed to perform proper care for the boat engine.
If you cant see them personally, request photographs from the owners. Still, you must visually inspect your choices at a later date. Listen to the motor while it’s running. Even after a thorough visual inspection, you must request the owners for a test run. Of course, it does not mean that you should have the boat motors attached to a boat, far from it. Instead, just have the boat motors propped up in an appropriate place and operated in dry land. You must have them run in high speeds for several minutes. You should listen to unusual sounds like knocks, noises, and buzzes. If possible, have someone who knows about usedused boat engines and whom you trust with you to provide advice.
All throughout your visual and audio inspections, you must ask questions of the owners. These questions must include the service record of the trolling motors in relation to what, when, where, why and how these maintenance activities were conducted. When you are satisfied, then purchase the used boat engine!
Tags: Inspecting Used Boat Engines, Running Inspection, Visual Inspection
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July 1st, 2009
So, you have decided to buy used boat engines because these are, arguably, cheaper compared to purchasing brand-new items. However, to get the best out of your money, you have to be very wise about your choices since the cost of repairs do add up in the long run.
Closely Inspect First, exterior damage like cracks and corrosion are signs of internal damage so watch out for them. These can become costly repairs that often contribute to a sinking boat, financially speaking. Second, if it is an outboard motor, inspect the prop shaft for bent portions. You can do this by looking at the propeller hubs end when it is spinning no wobble means that the prop shaft and bearings might be in good condition.
Third, and very important to protect yourself against stolen boat complaints, inspect the nameplate for its complete model and serial numbers. If it appears suspicious, then it probably is not a safe buy. Closely Listen Ask the owners to operate the secondhand boat motors at both idle and full speed modes. This is very important as problems involving the carburetor and the ignition are very costly.
Also, you have to check that the used boat engine if it has an attached gearbox can easily handle shifting from neutral to reverse and neutral to forward. You will only realize the importance of these functions when docking the boat. If you can have a trusted boat mechanic to offer advice, then better for your hunt for the right used boat motors. After all, he is more qualified to inspect them than you are! Close the Sale.
If you have decided that you are going to purchase the used baot engines, then you must take the preliminary steps to close the sale. Whether online or offline, you must protect yourself against unscrupulous sellers who might have fraudulent documents on said motors. Thus, always ask for the legal documents on the sale such as receipt of purchase outlining the date of transaction, the purchase amount including advance payments, technical specifications of the boat engines especially their model and serial numbers, and the signatures of both the concerned parties.
Soon, youll have your used boat engine powering your ride!
Tags: Boat Engine Buying Tips, Buying Used Boat Engines
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July 1st, 2009
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