Selling your Tug: Lessons Learned
Naturally, keeping the tug in good condition will increase its selling price. However, knowing the competition may be just as important. Sellers often only know their own tug. Buyers, however, will most certainly look at multiple tugs. Only by researching the other tugs for sale on the market, to determine what shape they're in, what equipment they have, what their asking price is, etc., can the market value of ones own tug be determined. The bottom line is, if a tug isn't selling the price is too high. Put your tug in a location where it'll get lots of traffic, both walk- and drive-by. Think about co-locating your tug with another tug that's for sale. If selling through a broker, get an experienced one. One familiar with LNVTs and comfortable selling classic boats. The lnvt.org site averages 3,000 visitors a month and . Keep your tugs photos and data complete and current. Done right, it'll help attract buyers and keep 'tire kickers' at bay. Take good pictures of the tug. Here's an example for some interior shots. Use a wide angle lens.
Galley |
Pilothouse
Salo
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