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Old 16-02-2013, 16:40   #1
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Best Place to Sell a Boat (Eastern Carib or states)

Hypothetically (or not), if you are a US citizen currently located in the eastern Caribbean and need to sell your boat (Tayana 42 in great shape), where would you get the most for your money? Is selling it in the islands the call or is better to sail somewhere back to the east coast to sell? I dont really know about tax implications, brokerage fees, etc in the various islands and the states. Would appreciate it as I believe my cruising time on the boat is running out.
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Old 16-02-2013, 16:43   #2
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Re: Best Place to Sell a Boat (Eastern Carib or states)

On the East Coast the best price will be found in Annapolis or Newport. Newport has the advantage that sales of boats in Rhode Island are tax free, attracting buyers.
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Old 16-02-2013, 17:10   #3
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Re: Best Place to Sell a Boat (Eastern Carib or states)

One of the CF members bought his boat in the Caymen Islands after looking in alot of places,dont know if the price was the issue as opposed to the "right boat"...Lots of boats for sale stateside and low prices...
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Old 17-02-2013, 15:31   #4
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Re: Best Place to Sell a Boat (Eastern Carib or states)

Thanks for the responses. I guess I need to do some comparing of boat costs/sails in the islands versus the states and learn about the tax implications of selling in the islands. If anyone has more advice, I would appreciate it!
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