How Consignment Works

How Consignment Works —

 

What is a Consignment Boat Dealer?
A Consignment Boat Dealer sells boats much the same way a realty broker sells homes and property. We demo your boat for qualified prospective buyers and handle the final financial transaction and transfer of title to the new owners.

Why should I let The Boat Exchange market my boat for me?
The Boat Exchange has been marketing consignment boats since Spring 1990. Your boat is publicly shown 6 days a week at our secure fenced-in lot located on high-traffic Lake Murray Blvd. Your boat is also presented on our Web Site at no cost. We pickup most boats and pontoons within a 25 mile radius without charge.

What does it cost?
Until we sell your boat, it cost you nothing. After your boat is sold, our usual commission is 10%, with a $500 minimum. If your boat is not sold, there are no hidden fees or costs. The Boat Exchange only makes money if we find a buyer for your boat. You may cancel your contract and pickup your boat at any time.

Exception: Boats without trailers may require special equipment to transport and setup. Please call for more information.

What does The Boat Exchange need to sell my boat?
Any boat that is powered by motor or sail is required to have a valid title in your name. Boats that are human powered (canoes, paddle-boats and rowboats) do not need titles. Outboard motors over 4 hp. are also required to have valid titles. Valid Power of Attorney letters are required if you are selling a boat/motor that is not titled in your name (as in an estate sale).

But what if I still want to use my boat while trying to sell it?
You are welcome at any time to pickup and use your boat.

What if I don’t have a title for my boat because it was lost or never titled?
Duplicate and new titles can be obtained from SC Department of Natural Resouces in downtown Columbia, 1000 Assembly St., Dennis Building, Room 104. (803)734-3857.