How to Sell a Boat in Wisconsin
Sold your boat? Did you know that it costs $3.75 to transfer a boat registration in Wisconsin? (that’s for vessels under 16 feet) and $8.75 for vessels 16 feet and over.
In this article, we guide you on selling your boat in Wisconsin. Doesn’t matter if it’s small and not titled or a big titled one.
Key Takeaways
- Selling your boat needs a Boat bill of sale.
- buyer needs a Registration application within 10 days of the sale
- Large vessels should be USCG documented
- Wisconsin boat registration can be done online (GoWild system) or by mail.
- Boat Registration and Titling Application [form 9400-193]: Used by the new owner of a boat to apply for registration and/or certificate of title. You may complete this application [online or mail]
Selling a Non-Titled Boat (Under 16 Feet)
If your boat is less than 16 feet in length, it fits as a non-titled boat in Wisconsin. Before you sell it, find the boat’s registration card. This card has your name and boat info. You can get a new one for $5 by contacting the DNR Service Center.
For the new owner: To register your boat, you will need to provide the information from previous owners certificate of registration (wallet-sized card) in addition to your application and fees. Also, please, Verify the hull I.D. number listed on the certificate of origin matches the hull I.D. number on the boat. (it should match the boat-alert.com report and registration decal)
Once you’ve sold your non-titled boat, make a bill of sale. It’s not a must from the DNR but might be important for taxes. Give the buyer the registration card. Then, notify the DNR within 10 days of the sale.
Selling a Titled Boat (16 Feet or Longer)
If your boat is 16 feet or longer, it needs a title. This title is a legal document showing who owns the boat. Before selling it, make sure you have the boat’s title and registration card. You can get a new title for $5 and a new registration card for $5.
Here are the costs to transfer and other boating fees in Wisconsin.
Once the boat is sold, draft a bill of sale. Then sign the title and fill in the buyer’s name and address. Make sure there’s no debt on the boat’s title, or you need a document showing it’s paid off. Within 10 days of selling the boat, email the Wisconsin DNR. Tell them about the sale and the boat’s new details.
The sale of a boat 16 feet or longer in Wisconsin needs a title transfer. This step makes sure the sale goes smoothly and protects both the seller and the buyer. It’s important for private boat sales in Wisconsin.
Important Considerations for sell boat in Wisconsin
Thinking about selling your boat in Wisconsin? It’s crucial to get the price right. The Wisconsin Department of Revenue checks sales very closely. They look out for prices that seem too low. It’s best to make sure the price on the title is correct to prevent any issues.
To sell your boat quickly, market it well. A history report from boat-alert.com can be very helpful. It gives buyers key details about your boat. This can make them feel more secure about their purchase. So, getting a boat report is a smart move to speed up the sale.
There are many platforms to sell your boat online and we also have an article about Wisconsin Boat Registration.
Selling a boat in Wisconsin without errors is also key. Knowing the legal stuff and doing the paperwork right is important. This helps you sell your boat without any problems. Planning and staying on top of things can make selling your boat a smooth process. By doing this, you avoid headaches.
Don’t rush selling your boat in Wisconsin. Taking time to get things right can really pay off. With the right advice and careful planning, you can sell your boat smoothly. This lets you avoid the common pitfalls. So, a little patience and effort can go a long way.
Record Keeping for Private Party Boat Sales
When you sell a boat in Wisconsin, keeping good records is key. The state’s Department of Natural Resources has a form to help. This form records key details like the boat’s info, price, and who bought it.
Though not required, using this form is smart. It helps the seller and buyer keep track of the sale. This makes everything clear and fair for both parties.
Saving this info is also wise for future use. If there’s ever a question or problem, you’ll have all the details. So, keep these records in a safe place.
Best Way to Sell a Boat in Wisconsin
- Prepare the Boat:
- Clean and detail the boat thoroughly.
- Perform any necessary maintenance or repairs.
- Gather all relevant documents, including the title, maintenance records, and any warranties.
- Determine the Value:
- Research similar boats in your area using websites like NADA Guides, Boat Trader, or local classifieds.
- Consider getting a professional appraisal.
- Advertise:
- Online Listings: Use popular sites such as Boat Trader, Craigslist, Facebook Marketplace, and eBay.
- Local Listings: Post in local classifieds, marina bulletin boards, and community boards.
- Boat Shows and Events: Participate in local boat shows or events to reach potential buyers.
- Word of Mouth: Spread the word among boating communities and local marinas.
- Provide Detailed Information:
- Include high-quality photos and a detailed description.
- Highlight key features, recent upgrades, and unique selling points.
- Arrange for Showings:
- Be flexible with scheduling.
- Offer test rides for serious buyers.
- Negotiate and Close the Sale:
- Be prepared to negotiate on price.
- Use a bill of sale to formalize the transaction.
- Ensure the title transfer is completed correctly.
Best Time to Sell a Boat in Wisconsin
The best time to sell a boat in Wisconsin is typically during the spring and early summer months. Here are the key reasons:
- Peak Boating Season:
- Buyers are looking to get on the water as the weather warms up.
- Increased interest in recreational activities.
- Tax Refunds:
- Many buyers have extra cash from tax refunds, making it an ideal time to purchase a boat.
- Boat Shows and Events:
- Spring and early summer are prime times for boat shows, increasing visibility and buyer interest.
- Market Conditions:
- Demand is generally higher, which can lead to quicker sales and potentially higher prices.
By combining strategic preparation, effective advertising, and timing your sale with the peak boating season, you can maximize your chances of selling your boat successfully in Wisconsin.
Conclusion
Selling a boat in Wisconsin means dealing with specific state rules. This guide helps you sell your boat, whether it’s titled or not. It makes sure you follow Wisconsin’s laws and have a smooth sale.
Make sure you keep good records and price your boat fairly. Also, getting a boat history report can make it more attractive to buyers. These steps will help you sell your boat better.
After selling your boat in Wisconsin, be proud of your work. This guide gives you all the tips you need. Now, you can confidently plan your next boating adventure or upgrade to a new boat.
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Categories: To learn more about Boat-Alert.com History Reports for used boats and boat registration number lookup website visit: www.Boat-Alert.com