How It Works
HOW IT WORKS - Purchasing a new sail
Our new sail suppliers listed on the "NEW SAILS" tab can supply the latest pricing on the best new sails in the country. Simply fill in your details, choose your rig or fill in your own rig & sail data. The sailmakers you choose to supply a quote will be in contact with you directly. The Sail Exchange from time to time will be offering cross promotional discounted specials for Headsail Furlers & other sail handling systems to be marketed in conjuction with these new sail purchases. Our new sail suppliers will provide you with pricing from all of the international brands of sails sold right here in Australia
HOW IT WORKS - Trading in used sails for a new sail
Our new sail suppliers listed on the "NEW SAILS" tab will exchange & trade your old sails in for a credit that may be used to purchase new sails. The trade ins are at the discretion of the sail suppliers & we support our new sail suppliers by exclusively dealing through the trade only for customers trade ins of used sails for new sails.The sail suppliers listed on our site use The Sail Exchange valuation method to determine the resale marketable price of a used sail rated from 1-10. The quantifiable market value for a used sail is produced by taking the retail price for a new sail of the same genre, material & dividing by 2 & then muliplying that price by a rating our of 10. With 1 being the lowest factor and 10 being the highest. A rating of 5 would have a predicted average durability of 50% of its designed & manufactured life remaining thus establishing transparent & fair values for inventory you would want to exchange.
HOW IT WORKS - Consigning used sails
Old sails for used sails, hardward, clothing and more....
We can inventory & consign your old sails & once sold a credit of 80% of the resale value can be used in our online shop to purchase, sail handling equipment, yacht hardware, clothing, apparel & more....or you can take 50% of the retail value via EFT paid directly into your bank account.
The Sail Exchange is a market place for used sails of any genre, material, weight & options, establishing transparent & fair values for inventory you want to exchange. All you need to do is fill in the details on the consignment page & tell us about your sails & we will apply our pricing valuation model & guidelines to set an agreed resale market value.
The quantifiable market value for a used sail is produced by taking the retail price for a new sail of the same genre, material, weight & options and dividing that price by 2, then multiplying that price by a rating out of 10. With 1 being the lowest factor and 10 being the hightest. A rating of 5 would have a predicted average durability of around 50% of its designed & manufactured life remaining thus establishing transparent & fair values for inventory you want to exchange.
EXAMPLE - The price of a new Dacron 40sqm Headsail would be $3,200 or $80 per square meter. Therefore a used sail of the same characteristics with a ranking of 10 would be $1,600, a ranking of 7.5 would be $1,200 (roughly 1/3 of the price of a new sail), and a rating of 5 would be $800 & so on.
Once the price of your used sail in confirmed & the sail is resold you can realise that value in 2 different ways
CONSIGNMENT 1. The Sail Exchange shares the final selling price 50/50 with the consignee. The consignees payment of 50% of the selling price will be paid via EFT directly into the consignees bank account.
CONSIGNMENT 2. The Sail Exchange will provide a consignment credit of 80% of the resale value of the used sail as a store credit redeemable against purchases from our online store (new & used sails not included).
In both cases the title of the goods passes to The Sail Exchange at point of sale & the resale tax invoice can be provided if required.
HOW IT WORKS - Purchasing used sails
The purchasing of used sails will only be transacted via our "Used Sails" tab on this website. You are able to search "Viewing All Used Sails" or you can use the "Advanced Search Feature" which uses 1 of the 3 methods below to determin the closest sail size to suit your boat & rig. The methods are as follows -
- Use the rig data base & search by manufacturer, yacht model or One Design class.
- If your yacht does not appear in the rig data base then fill in your I, J, P &E as per the diagram.
- If you do not have your rig dimentions (I, J, P, &E) then simply enter the sail dimentions which you can measure yourself.
The main criteria for sail selection from our inventory is luff length, the sails will be selected via ascending luff length & we have the facilities to recut & repurpose any sail to fit your yacht. This can include changing slides, hanks, luff tapes, removing or cutting out logos, removing and installing new sail numbers ect...whilst also effecting any repairs as the used sails purchased from The Sail Exchange are purchased as is with no warranty & all of the additional work whether it be resizing or adding or removing hardware & battens are costs above the sail purchase price. We can effect these changes at The Sail Exchange on your behalf with a fixed quotation or you can take the sail to your local sailmaker. If your are not located in Sydney it is advisable to use a local sailmaker to ensure all hardware & bolt ropes interface correctly. The Sail Exchange can recommend sailmakers & sail lofts worldwide.
HOW IT WORKS - trading in used sails for used sails
The Sail Exchange will trade in your used sails for other used sails & we have 3 options, all options utilise our "Used Sail Valuation Method" where we take the quantifiable market value for a used sail by taking the retail price for a new sail of the same genre, material, weight & options & dividing that price by 2 & then muliplying that price by a rating out of 10. With 1 being the lowest factor & 10 being the highest. A rating of 5 would have a predicted average durability of around 50% of its designed & manufactured life remaining thus establishing transparent & fair values for inventory you want to exchange. With either option you are required to have your used sails delivered to our facility in Sydney so we can evaluate the sails with our valuation method at which point the sails will be rated, measured & photographed for website upload. You can then choose 1 of the 3 options -
- We can provide 20% of the used sail marketable resale price as a trade in to be used immedately for other used sails to be purchased from The Sail Exchange "used sail" tab on the website.
- We can provide 50% of the used sail marketable resale price post consignment sale EFT paid directly into your bank account.
- We can provide 80% of the used sail marketable resale price post consignent sale as a store credit redeemable against purchases from our online store.