Deposit Money

wellswa

Member
Sep 13, 2011
160
SE Michigan
Boat Info
1997 330 Sundancer
Engines
7.4L 310HP Twins with Hurth V-Drives
Previous Boat
1997 Sea Ray 210BR Signature
So, what kind of ($amount) deposit money should I ask for on a $50K boat purchase? I may receive an offer on my boat soon pending sea trial and survey when warmer weather arrives. Just asking. Thanks
 
I think 10% is standard. Maybe others have opinions that are different.


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10% seems fair. My deposit for a $45,000 purchase was a handshake. That was the seller's idea, and as a buyer, I thought that was awesome (I was ready to put down what ever was necessary!).
 
I got a 10% deposit of negotiated price contingent on survey and Sea trial when I sold mine and gave a 10% deposit with the same conditions on the one I recently bought.
 

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