Example — As-is sale Yacht Bill of Sale Delaware

Delaware Yacht transfer fees and requirements

In Delaware, the title transfer fee is $55 and registration costs $40 per year. Yacht sales are subject to No sales tax; 4.25% Document Fee on vehicle price. Delaware does not require notarization for private-party yacht transfers. Emission testing is required in Delaware — verify the yacht passes before completing the sale.

• No state sales tax but 4.25% Document Fee applies
• Emissions testing required in New Castle and Kent counties
• VIN inspection required for out-of-state titled vehicles

Delaware sales tax on yacht purchases

Delaware has a 0% state sales tax rate. No sales tax; 4.25% Document Fee on vehicle price. Private-party yacht sales in Delaware may be exempt from state sales tax. No state sales tax, but a 4.25% Document Fee applies to vehicle transfers. The title transfer fee is $55.

Yacht market data and safety information

The most common yacht makes in private-party sales are Sea Ray, Beneteau, Boston Whaler, Grady-White, Viking. Average private-party yacht prices range from $50,000–$500,000+. Yachts average 1 NHTSA recalls per model across categories including Fuel System, Electrical, Engine.

Safety checkpoints for buying a used yacht

Before completing a yacht bill of sale in Delaware, verify these safety items:

• Require a professional marine survey before purchase — standard practice for vessels over 26 ft
• Inspect engine hours, service records, and oil analysis reports
• Check hull condition with moisture meter and visual inspection below waterline
• Verify USCG documentation or state registration status
• Confirm life-raft service is current and EPIRB is registered/within battery date
• Verify USCG-required PFDs for max passenger count plus throwables and signals
• Test bilge alarm system and high-water sensors in each compartment
• Inspect fire-suppression system in engine room (FE-241 or equivalent)

Yacht insurance and depreciation in Delaware

Yacht insurance is 1–2% of hull value annually. Agreed-value policies are standard. Navigation limits and crew requirements affect premiums. Yachts depreciate 10–15% per year for the first 5 years. Well-maintained vessels from premium builders hold value best. Peak season for private yacht sales is fall/winter boat shows drive buyer interest for spring delivery, with an average of 90 days on market.

Yacht registration and titling

Yachts are classified as "USCG-documented vessel (over 5 net tons) or state-registered vessel" for registration purposes. Yachts are classified by length overall (LOA), not weight. Vessels over 65 ft may require a licensed captain. Federal odometer disclosure does not apply to yachts.

Delaware bill of sale statistics

BillOfSaleNow has generated 314 bill of sale documents for Delaware transactions, with 9 generated this month alone. The most popular vehicle type is car.