Selling Your Used Boat | A Powerful Boat Brokerage Partnership

Posted By Sean Horsfall On January 28, 2014

Sold used boat

We know that sometimes, as much as we don't welcome the news, you may need to sell your used boat. We wanted to give you the best brokerage value by minimizing the time that process takes, and maximize the amount you can receive for your boat.

There are many ways we did that in the past.....now we have gone to a new level. Len's Cove has added a huge value to this service at absolutely no extra cost above our normal fees and commissions.

We have partnered with North South Nautical Group for all boat listings greater than $10,000 in value, 24' in length or longer with living accommodations. North South is a large Port Credit based yacht brokerage with offices and agents in Port Credit, St. Catharines, Georgian Bay, and Eastern Ontario (Ottawa). The brokers in the Eastern Ontario office will be our contacts and you may see them on the docks often.  They are Fraser and Annie Campbell and they are very familiar with our operations at Len’s Cove since they kept their 40’ trawler here with us several years ago.  They, like us, are looking forward to being a big part of our yacht sales programme.

What this does for any listing with Len's Cove is DRAMATICALLY increases your market exposure, penetration, and visibility. Now when you list your boat with Len's Cove Marina it is advertised for sale:

Yacht World Logo

Along with this new added marketing benefit, you still receive the great service of:

These last two items are exclusive to boat "dealers" over traditional solely boat "brokerages". This more than doubles the possible market for your boat. Through the traditional yacht brokerage process, only cash buyers (including ones with access to available room on lines of credit or personal loans), or ones who qualify through private lenders, can purchase your boat. Dedicated "boat loans" brokered by Walker Financial through major lending institutions and national banks provide longer amortizations, insurance products, competitive interest rates, and gives the huge benefit of not tying up buyers existing credit or using liquid funds (cash or investments). Being a "boat dealer" as well as a boat brokerage, allows us to offer this program.

When you dramatically increase the market of buyers, by providing broader market coverage, and offering services and products not available from traditional yacht brokers, the results can be a quicker sale for a higher price. That is not to say, that it increases the value of your boat. However, it may allow you to hold to the higher end of the value range due to increased potential buyers.

A better boat brokerage, more value to you, at no additional cost - Len's Cove Marina