Online Yacht & Boat Bid Sale
Massachusetts Maritime Academy ONLINE Yacht & Boat Bid Sales are significantly different than past sealed bid sales.
Carefully read the following information before bidding.
Fall 2023 Online Auction is now CLOSED. Next auction coming Spring 2024!
AVAILABLE FOR BIDDING
All available boats are published online. The list of boats can be found by clicking on Available Vessels in the dropdown menu on the left. All of the information we have available is included in the online listing. All bids must be based solely on the information contained in the online listing. We will not answer questions about the vessels via telephone or email.
Bidding will open at 0800 EDT on Monday, October 23, 2023, and close at 1200 EDT on Friday, October 27, 2023. Bids will ONLY be accepted via our online form, which will be available at 0800 EDT on Monday, October 23, 2023.
⁕ In-person bids will NOT be accepted.
⁕ Bids submitted via mail, email, telephone, or fax will NOT be accepted.
⁕ We will NOT accept any bids made after 1200 EDT on Friday, October 27, 2023.
The price listed with each vessel is either (1) the value determined by the Donor’s surveyor, or (2) the value determined by Massachusetts Maritime Academy based upon the boat’s current condition and in accordance with BUC and NADA valuation guides. The listed price is one a buyer might expect to pay were they to purchase the vessel from an ordinary retail boat seller. Although most of the vessels presented here for bidding do have an undisclosed reserve (the minimum amount for which the boat will be sold), the listed price is not the reserve. The Academy publishes the listed prices simply to put all bidders on a level playing field, informing every bidder of the Academy’s estimated retail value of the vessel. Bid whatever amount is appropriate for you.
NO WARRANTIES OR GUARANTEES EXPRESSED OR IMPLIED
Boats are sold "AS IS, WHERE IS." The Academy makes NO representation as to the condition of the items for sale.
THIS IS NOT AN ABSOLUTE SALE
We retain the right to reject any and all bids. RESERVE prices are in effect on all boats.
Should no bid surpass the RESERVE price on a particular boat, the highest bidder will be contacted and the RESERVE price revealed in an invitation for the highest bidder to increase their bid beyond the reserve.
We will contact the highest bidder on each vessel on Monday, October 30, 2023, in order to schedule a time for them to inspect the boat. The inspection appointments will be scheduled for November 2 (Thursday), November 3 (Friday), November 8 (Wednesday), and November 9 (Thursday) ONLY. The high bidder will have the right to refuse purchase based upon their in-person inspection. If you win the bidding, you will be allowed to inspect the vessel you bid on, after which you will either (1) purchase the vessel for your bid amount plus 6.25% Massachusetts Sales Tax, or (2) decline to purchase the vessel. You are not obligated to buy the vessel after your in-person inspection. There is no penalty to the high bidder for not accepting the vessel after inspection.
HIGH BIDDER INSPECTIONS
All inspections will be scheduled for Thursday, Friday, Wednesday, and Thursday (November 2, 3, 8, 9), from 0800 until 1600, at our storage facility within the confines of Joint Base Cape Cod. Therefore, please plan your bidding accordingly.
Please note: Boats are stored within the confines of a U.S. military base. Arrangements must be made via the Academy (the point of contact and access chaperone) at least 48 hours in advance of scheduled access. High bidders and one guest (i.e., family member, surveyor, mechanic) are required to provide their driver’s license information and SSN to the Academy in order to be cleared by the Department of Defense to enter JBCC.
NO member of the public will be allowed entry to JBCC without prior government approval and a scheduled appointment. No member of the public will be allowed access to the Academy’s secured boat storage facility within the confines of JBCC without a previously-scheduled appointment.
COMPLETING THE PURCHASE
High Bidders will have 48 hours from the time of their in-person inspection to withdraw their bid. Otherwise, full payment must be made by Monday, November 27, 2023, and must be made via wire transfer, ACH transfer, or credit card. Instructions for payment will be given at the time of the in-person inspection. Massachusetts Sales Tax of 6.25% will be assessed and added to the purchase price of every vessel.
Should the high bidder fail to make full payment by 1700 EST on Friday, December 1, 2023, the Academy will consider the bid withdrawn.
PICK UP DATES
All purchased vessel must leave the Academy’s storage facility before Friday, December 15, 2023. Purchaser agrees to pay storage fees of $15 per day for any vessel that remains on Academy property after Saturday, December 16, 2023. The Academy accepts no liability nor responsibility for any loss of value to a purchased vessel that remains on Academy property after December 15, 2023.