2010 Annual Antique Boat Show & Auction

Preparation: The Registration Process You may register in advance of, or during the event, but pre-registration is recommended. The Antique Boat Museum receives a buyer's premium of 13% of the purchase price of the boat. Boat purchases can be settled by; cash, cashier's check, bank wire transfer, or a personal check accompanied with a Bank Letter of Guarantee. Research: Doing Your Homework Try to determine what you are looking for in a collectible boat. This will help you with your selection as to the make and model, as well as the market price of the boats you are considering. Do you want a boat that can be used and enjoyed on a frequent basis, or are you looking for a boat to enter into Shows and Concourses? Are you looking for a boat that has already been restored, or a boat that may need some TLC? Taking the time to think this through will enhance the excitement of buying a collector boat, and the enjoyment of owning and operating an antique or classic boat. Sellers at the auction are asked to provide details about their boat's history and condition. Once you determine the type and style of boat that interests you, arming yourself with information specific to the marque will help you accurately determine the value and condition. The website provides a wealth of information about the boats for the upcoming auction as well as sales results from past auctions: www.antiqueboatamerica.com. You may choose to have your own personal inspection, which will give you a comprehensive visual report on the exterior, interior, functions of the components, and the quality of any restoration work. Also, the frame/structure of the boat is examined to determine any existing damage or repairs. Although the boat cannot be test driven, this Inspection can be arranged by contacting us in advance. In addition, we suggest checking the comparative sales of similar boats through magazines, the Antique Boat America website, and other sources. Owner's clubs are also a valuable source of information. As the seller provides the information of each boat, be sure to personally determine the authenticity, quality, condition and value of your purchase. Remember, once the gavel drops, and the auctioneer calls "Sold!" you are the new owner. Preparing To Buy Your Boat Some points to consider when buying a boat: -Financing -Insurance -Transportation -Pre-Inspection Antique Boat America.com has relationships with companies that can provide these various services at the events or prior to arriving at the auction-site. Please call our office so we can assist you in contacting the appropriate company. Showtime on the Auction Podium Boats being auctioned are pre-staged in the auction area. Make a note of the lot number of the boat you are interested in and determine when it will go to bid. To give yourself an estimated time as to when the boat will go across the block, Antique Boat America.com will sell a boat every 3-5 minutes. During the Auction, all the attention will be focused on the Auction Podium. The Auctioneer will take a few moments to review various aspects of the boat based on information provided by the seller. The excitement starts as the auctioneer accepts the initial starting offer and begins the bidding process. Boats are offered for sale either with a "Reserve" or "Non-Reserve" status. A Reserve is the minimum amount a seller will accept for their boat. If bidding does not reach the required reserve, the final bid will be held and the boat may leave the block as a "no sale". No-Reserve boats typically generate the most excitement, because they will be sold to the highest bidder. As a result of your research, you will have determined the relative market value for boats in your area of interest. Quick, concise bids on your boat or boats of choice, sends a clear message to other prospective bidders, and the auctioneer. Firm bids to the value you have established lets all parties know that this is YOUR boat and the auctioneer is aware that you are the "real" buyer. Antique Boat America.com also has Bidder's Services personnel that are available to assist customers through the process of buying a boat. Prospective customers can use this service from the time they see a boat advertised or in our catalog through buying the boat at the auction. Please contact us directly to discuss this service. Sold: Now What? After the gavel falls and the auctioneer declares the boat "Sold!", the property immediately becomes the responsibility of the purchaser. Payment in full is due within 3 business days following the auction, no exceptions. We suggest that prior to processing your purchase, you arrange for any transportation and insurance requirements you may need, either through your personal sources, or with any of the companies available to you on-site. If you require transportation for your new boat, companies specializing in classic boat transport are available to assist you with your needs. Contacting and comparing these companies beforehand will allow you to find one that suits your particular needs, and will give you an idea of price comparisons. Antique Boat America.com and the Antique Boat Museum have taken great care to provide a conducive environment in which to buy and sell antique and classic boats. In realizing the ownership of your new boat or to arrange for the sale of your boat, please let us know if we may provide any help or assistance. Our sales staff are here to help you year round with all your bidding or selling enquiries and to provide you with any assistance with the entire auction process.

Local Taxes Apply