Notices

NADA Boat values

Thread Tools
 
Old 08-22-2008, 11:03 AM
  #1  
Registered
Thread Starter
 
DURANGOKID59's Avatar
 
Join Date: Apr 2006
Location: Traverse City MI
Posts: 294
Likes: 0
Received 0 Likes on 0 Posts
Default NADA Boat values

After looking at a few boats, and checking their values through NADA, I have a question as far as how they work. I understand NADA is just intended to be a guide, but some swear by the numbers they post. So, my question is, say you have 2 boats, same make,model and year with all the same options and condition. Boat A has 600 hours on a 502, but boat B has a brand new 502. According to NADA the boat average retail would be the same for both boats. How do you vary the values based on engines hours/new engines? Or is there a place to input that info that I over looked? Just wondering how you guys place value on engine hours and use?
DURANGOKID59 is offline  
Old 08-22-2008, 11:35 AM
  #2  
Registered
 
Join Date: Aug 2005
Posts: 323
Likes: 0
Received 0 Likes on 0 Posts
Default

Good question. F.Y.I. NADA is a loose guideline in a good market. I priced a few boats and cars out on it for fun last week and started laughing so hard I almost pissed myself. If my boat was worth even close to what they said it was I would be extremely happy.
fountainracing65 is offline  
Old 08-22-2008, 09:26 PM
  #3  
Registered
 
Join Date: Oct 2000
Posts: 1,238
Likes: 0
Received 0 Likes on 0 Posts
Default

Post all the info and I will get you an ABOS value....that is what most of the boat dealers go with
enticer is offline  
Old 08-22-2008, 09:38 PM
  #4  
Registered
VIP Member
 
Join Date: Jan 2004
Location: Boca Raton, FL
Posts: 3,682
Likes: 0
Received 4 Likes on 4 Posts
Default

For survey valuations I use NADA to get me in the ball park. Then I compare that to what comparable boats sold for in the last 6 months. Then I factor in the boat on its own merits.

I also cross check my numbers by depreciating what a new boat would cost with the same equipment.

Sometimes I take a consensus number from BUC, ABOS and the Powerboat Guide along with NADA to get me in the general area.
Edward R. Cozzi is offline  
Old 08-23-2008, 12:29 AM
  #5  
Registered
 
Back4More's Avatar
 
Join Date: Feb 2002
Location: Lake Michigan
Posts: 6,627
Likes: 0
Received 0 Likes on 0 Posts
Default

LMAO...Total Price $47,800 - $54,055
Back4More is offline  
Old 08-23-2008, 11:14 AM
  #6  
Registered
 
berns29scarab's Avatar
 
Join Date: Jul 2004
Location: Toms River, NJ
Posts: 7,141
Received 10 Likes on 7 Posts
Default

nada trade value less 20% in 2days market...only adds i've ever used as a guide were engine options, trailer, and big dollar electronics...as far as the boat with the 600 hrs id deduct an additional 2500 from that value
just my .02
berns29scarab is offline  
Old 08-24-2008, 10:15 AM
  #7  
Registered
 
IM4A2Z's Avatar
 
Join Date: Aug 2005
Location: Carrollton, TX
Posts: 256
Likes: 0
Received 0 Likes on 0 Posts
Default

NADA doesn't have a clue, especially on semi-custom and full custom boats. Use ABOS for a real idea on what it's worth.
IM4A2Z is offline  
Old 08-24-2008, 01:11 PM
  #8  
Registered
iTrader: (1)
 
Join Date: Mar 2006
Posts: 673
Received 11 Likes on 8 Posts
Default

------Buyers swear by NADA. Sellers swear at NADA...............Bill S
olredalert is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
nova26
General Boating Discussion
32
07-29-2008 04:24 PM
CObarry
Formula
17
08-21-2007 11:35 AM
MDSmitty
Insurance and Finance
3
08-01-2007 01:22 PM
East Coast B
General Boating Discussion
9
03-05-2005 11:49 AM
East Coast B
General Boating Discussion
6
12-16-2003 03:33 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Quick Reply: NADA Boat values


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.