Best Places To Sell Boat Engines

There are several options for selling a boat engine. Online marketplaces such as eBay, Craigslist, and Facebook Marketplace are popular choices. It is also possible to sell directly to a dealer, either as a trade-in or for parts. When selling a boat engine, it is important to consider factors such as the engine's age, condition, and service history, as these will impact the selling price. For those looking to sell a boat with a blown engine, it may be more feasible to sell the boat as a project to someone mechanically inclined or to sell the hull separately.

Selling a boat with a blown engine

Assess the Value of Your Boat:

Before putting your boat on the market, it's important to have a realistic idea of its value. The condition of the boat, its age, and the extent of the engine damage will all impact the selling price. Be prepared for the fact that a boat with a blown engine will likely sell for significantly less than one in good working order.

Be Transparent About the Engine Issues:

When creating your listing, be upfront and transparent about the engine problems. Provide as much detail as possible about the nature of the engine damage, and consider including photos of the engine itself. This will help potential buyers understand the extent of the issue and make an informed decision.

Target the Right Buyers:

Keep in mind that your pool of potential buyers may be more limited compared to selling a fully functional boat. Target your listing towards mechanically inclined individuals or businesses that have the capacity and interest in repairing or replacing the engine. Emphasize the positive aspects of the boat, such as any recent restoration work, and mention the potential for someone who can fix the engine themselves to get a bargain.

Consider Parting Out the Boat:

If you're not getting any bites on the whole boat, you may want to consider parting it out. This means selling the individual components, such as the hull, trailer, rigging, and even the engine parts, separately. This can be a more time-consuming process, but it may help you recoup some of the value of the boat.

Explore Different Selling Platforms:

Cast a wide net by listing your boat on various platforms, including online marketplaces, boat-specific classifieds, and auction sites. Don't forget to tap into your local boating community as well, as word-of-mouth can be a powerful tool.

Be Patient and Flexible:

Remember that selling a boat with a blown engine can be a challenge, but with persistence, transparency, and a bit of creativity, you can increase your chances of finding the right buyer.

Online marketplaces for selling boat engines

There are several online marketplaces that can be used to sell boat engines. One of the most popular options is Boat Trader, which is the largest online boating marketplace in America, with over 9 million consumers each month. Boat Trader offers a simple process to sell your boat engine, with only an initial listing fee and no hidden fees. You can build your listing, choose a package that fits your budget, and add photos and videos to advertise to local boat buyers.

Another option is Boats.net, which offers a large selection of new outboard motors for sale, including Yamaha, Honda, Suzuki, Mercury, and Tohatsu outboard motors. They guarantee the lowest prices and excellent service, and also sell OEM parts for these engine brands.

Other online marketplaces to consider include eBay, OfferUp, and YachtWorld, although these sites may charge a percentage of the sale price or a commission fee. Social media platforms like Facebook and Craigslist can also be used to sell boat engines, but you may not reach as many potential buyers specifically interested in boating.

When selling a boat engine online, it is important to provide detailed information such as engine hours, power requirements, shaft length, and any additional accessories or parts included. It is also beneficial to include high-quality photos and videos of the engine from various angles to attract potential buyers.

Selling to a dealer vs. privately

Selling a boat engine privately can be a complicated and time-consuming process. It involves listing the engine on online marketplaces or classifieds, advertising it, arranging viewings, and dealing with potential buyers. Private sellers are also responsible for negotiating the sale price and accommodating any survey problems. Additionally, there may be costs associated with listing and advertising the engine.

On the other hand, selling to a dealer can be more convenient and hassle-free. Dealers take care of the entire selling process, including valuing the engine, preparing it for sale, and handling the paperwork. They have the expertise to value the engine accurately and often provide a fair, competitive price. Selling to a dealer can also save time, as they can make a settlement within a short period.

One of the main considerations when selling a boat engine is the selling price. Private sellers have more control over the pricing and can potentially fetch a higher sale price. However, they may need to incur costs for advertising and fixing any issues with the engine. Dealers, on the other hand, have the experience to value the engine accurately and offer a competitive price without any extra costs.

Another factor to consider is the time and effort involved in the selling process. Private sellers need to put in the time and effort to make the engine presentable, advertise it, and deal with potential buyers. They may also need to arrange sea trials and inspections. Selling to a dealer can save time and effort as they handle everything, from valuation to transportation, without any additional costs.

In conclusion, both options have their advantages and disadvantages. Private selling offers more control over the selling price and process but requires more time and effort. Selling to a dealer is more convenient and hassle-free, but the seller may not get the highest possible price. The decision depends on the seller's priorities, such as convenience, control over the process, and the desired selling price.

Factors influencing the price of a boat engine

There are several factors that influence the price of a boat engine. This is due to the variety of boats and engines available, with each having unique specifications. Here are some of the key factors:

Type of Boat

The type of boat you own plays a significant role in determining the cost of the engine. Different boats require different types of engines, and the prices of these engines vary greatly. For instance, a small fishing boat may only need a compact outboard engine, which can be purchased for $1,000 to $3,000. On the other hand, a yacht may require a powerful inboard engine, which can cost anywhere from $15,000 to over $100,000. Sailboats may not require an engine, but many owners opt for a small engine for additional support.

Engine Type

The choice of engine type also has a considerable impact on the overall cost. There are three main types of boat engines: gasoline, diesel, and electric. Gasoline engines are the most common and affordable, typically ranging from $1,000 to $10,000. However, they may be more expensive to operate and maintain in the long run. Diesel engines are pricier, usually costing between $15,000 and $50,000, but they offer better fuel efficiency and durability. Electric engines are the newest option, starting at around $20,000, but they are cheap to operate as they require no fuel.

Power Output

The power output of an engine, measured in horsepower (HP), is another critical factor in determining its price. A higher power output generally corresponds to a higher price tag. For example, a small outboard engine with 10 HP may cost around $1,000, while a large inboard engine with 500 HP can easily exceed $50,000. It's important to choose an engine with the right power output for your boat to avoid wasting money or sacrificing performance.

Engine Size

The physical size of the engine is another factor influencing the price. Larger engines typically require more labour to install and maintain, and they may also demand more expensive parts. For instance, an inboard diesel engine may cost 25-50% less to rebuild than to replace, due to the high cost of a new engine.

Parts Quality and Availability

The quality and availability of engine parts can significantly affect the overall cost. High-end or hard-to-find parts for older or performance engines tend to be more expensive. Additionally, the availability of parts can impact the rebuild cost, as sourcing rare components may be challenging and time-consuming.

Labour Costs

Professional mechanic services can add a significant amount to the final bill. Labour rates vary widely depending on the mechanic's expertise and geographic location. Mechanics in high-cost-of-living areas will generally charge more for their time compared to those in less expensive regions.

Location and Accessibility

The location and accessibility of the boat can also influence the cost of engine maintenance or rebuilds. Boats located far from service centres or those that are difficult to access may incur additional transportation or convenience fees. Additionally, service providers in coastal regions with a high demand for boating may charge higher prices.

Selling a boat engine with no service history

Selling a boat engine, especially one with no service history, can be a challenging task. Here are some tips to help you through the process:

Research the Market

Before putting your engine on the market, take some time to research similar products and their selling prices. This will give you a better understanding of the current market value for boat engines. Websites such as Boat24, eBay, and US Boatworks can provide you with a good sense of the market and the competition.

Prepare the Engine for Sale

Clean the engine and make any minor repairs or touch-ups necessary to improve its appearance. If possible, gather any relevant documentation, such as the manufacturer's certificate or, if applicable, the certificate of title. This will make the transaction smoother and provide potential buyers with proof of ownership.

Create a Detailed Listing

When creating your listing, be as transparent as possible. Provide clear and detailed photos of the engine from various angles. Disclose that the engine has no service history and explain why, if you have that information. Include all relevant specifications, such as the make, model, horsepower, shaft length, and any unique features.

Set a Competitive Price

Consider pricing your engine slightly lower than similar engines with service history. This will make your listing more attractive to potential buyers. Remember that the price should reflect the engine's condition, age, and any additional components or accessories included in the sale.

Choose the Right Selling Platform

There are several options for selling boat engines. Online marketplaces like Craigslist, eBay, and specialist websites such as Boat24 are popular choices. You can also try selling directly to a dealer or through a local classified ad. Consider the reach and convenience of each platform, as well as any associated fees or commissions.

Handle the Transaction Professionally

Respond promptly to inquiries and be prepared to answer questions about the engine's history and condition. If possible, demonstrate that the engine is in working condition. Be open to negotiations, but always prioritize your safety and comfort during the transaction.

Remember to follow any applicable laws and regulations in your area regarding the sale of boat engines. For example, in Texas, all motorboats, outboard motors, and sailboats over 14 feet in length must be titled. Ensure you have the necessary documentation to complete the sale legally.

Frequently asked questions