Thread: Selling a boat in Europe???

L4P,

I was talking to my Dad last night about selling his boat - and he said that he is now in talks with a gentleman from Germany (who is here in the states now) about selling his boat over there since the market is so bad here and the exhange rate is in their favor.

Anyone know anything about this??? can anyone here help??? Has anyone ever done this or known someone that has???

Thanks in advance from Papa Pearlcoupe and myself

How big of a boat? I was doing a deal with a guy from France but we couldn't get it shipped to him fast enough so the deal fell through. It wasn't much different from doing a deal in the US, just make sure the banks do the exchange rate correct and don't take the fee out of the money that you are getting. Make the buyer pay those fee's. PM me if you need a shipping contact.

Originally Posted by whitlock

How big of a boat? I was doing a deal with a guy from France but we couldn't get it shipped to him fast enough so the deal fell through. It wasn't much different from doing a deal in the US, just make sure the banks do the exchange rate correct and don't take the fee out of the money that you are getting. Make the buyer pay those fee's. PM me if you need a shipping contact.

31 footer.

Ye, i would be interested in any contacts you may have - and if anyone is interested in helping out we would pay a finders fee of course

Thanks!

WOULDNT it be better for the guy to buy the boat here in the states(with us dollar instead of euro),and worry about shipping himself.

Originally Posted by Pearlcoupeg35

L4P,

I was talking to my Dad last night about selling his boat - and he said that he is now in talks with a gentleman from Germany (who is here in the states now) about selling his boat over there since the market is so bad here and the exhange rate is in their favor.

Anyone know anything about this??? can anyone here help??? Has anyone ever done this or known someone that has???

Thanks in advance from Papa Pearlcoupe and myself

Originally Posted by PIXXFLIX

WOULDNT it be better for the guy to buy the boat here in the states(with us dollar instead of euro),and worry about shipping himself.

In a perfect world, someone in our hometown would buy it and pay US dollars and take it on their own and we ride off into the sunset ---- BUT, people arent buying boats these days...except for people in EU? Supposedly at least....

This guy must have some serious credentials for you to allow him to take the boat to Europe, sell it and then give you money. Plus, while the exchange rate is in the EU’s favor, this advantage has declined 27% in the past three months. So, if he is stressing that this week/month is the time, he is way late.

(Oct. 27th @1.25) – (July 11th @ 1.59) ÷ (Oct. 27th @ 1.25) = 27.2%

FXE - CurrencyShares Euro Trust - Google Finance

You saw this past summer how US cars were being yanked out of the US, because it was an EU/World customer advantage. I don’t really see that happening anymore; prob because the conversion and import fees bring imported items to local market prices.

IMH… I have no experience with international transactions, but would hate to see a friend get screwed.

JPY has a lot of water and ccy advantage too.

This is just my opinion but for example here in Finland, total sales of boats/yachts are on red. Really bad market to enter if you want a decent price of ur boat. The dollar is also getting stronger...
People are pretty much only buying boats with diesel engines.

Hope that you find a buyer for your dads boat!

Just my 2 cents.

I heard of European Boat dealers taking the advantage of the US market getting some good boats an than selling them in Europe. Like they do with cars just the advantage they have with boats is the larger profit margin and larger advantage of the exchange rate.

That's right but their customers have also problems with insurance companies, registration etc. (atleast in Finland).

+ importing boats/cars from non-EU country means extra taxes in customs, 10% of the US price here.