2012 Mass Maritime Boat Auction Preview
November 12, 2012
Check out some of the great pre-owned sail and powerboats—as well as dinghies and trailers—up for grabs at the 2012 sealed-bid auction held by the Massachusetts Maritime Academy (MMA). The sale will take place November 17 and 18 at the Massachusetts Military Reservation on Cape Cod.
During the 2-day auction, bidders can examine the boats and then submit a sealed bid, accompanied by a deposit.
The reservation is where the Academy stores the many boats obtained over the previous year through the school’s boat-donation program. The collection includes sailboats, center consoles, walkarounds, runabouts, skiffs, dinghies, inflatables and sportfishermen, as well as engines, trailers and other assorted marine equipment.
When I visited last week, I found everything from Fountains to Bertrams, Cape Dorys to Stone Horses. There was even a custom-built steel tugboat and a restored Beetle Cat. Many of the vessels are in excellent condition, while others would make great project boats. And all of them are a bargain!
As MMA’s Yacht & Boat Donation Program Director Chuck Fontaine explains, owners who donate their boats and other marine equipment receive several benefits. Chief among them are:
- Tax Benefits: MMA is a charitable organization, and donated items receive a tax deduction. The amount depends on how the donated item is used or what it sells for at the auction.
- Financial freedom from the costs of boat maintenance and storage. Also, if MMA accepts the donation, it will pick up and transport the boat.
- Satisfaction from knowing the boat itself or the proceeds are being used to educate young men and women.
During the 2-day auction, bidders can examine the boats and then submit a sealed bid, accompanied by a deposit. MMA reserves the right to reject low bids based on the assessed value of the item, but often negotiates with the highest bidder to arrive a satisfactory price.
For more information on the Mass Maritime Academy’s boat donation program, watch the video or CLICK HERE.
For a list of all the boats and marine equipment up for auction, including model years and assessed values just CLICK HERE.
For directions to the auction site at the MA Military Reservation, CLICK HERE.
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