slpcamaross97

So i did a few checks on boats and seem like what people are asking and what NADA says it worth is Way different.

example:
78 Cigarette 28SS . Asking 28000. Nada 7900 with twin motor
85 Pantera 28ft. asking 25000. NADA. 10100 with twin motor
94 Phantom 29ft. asking 33000. Nada Less motor with drive 14100.
My own boat. 85 Chris Craft 390stinger. Asking 54000, NADA 30000. and i know ill never get that much just being fair to all.

So with this example is NADA way wrong or how are they priceing out boats?

Seems like the old fiberglass just dont hold value says Nada. Any insight?

WMF

NADA just updated all thier boat values about a month ago, and prices went way down Most banks use BUChttp://www.bucvalu.com/ to determin boat value

slpcamaross97

Looks like you need to be a member to get a value?

mmareno

Wow I did it and became a member.... It came out on mine right where I was told the boat was worth... A LOT better then

NADA

DrewDown

My 2006 32' Spectre low 149,000 high 169,000.
Guess I should raise my price.

302Sport

i personally think that all of those values are BS now with the roller coaster econcomy we are seeing......u always here wholesale this and retail that, but what are those numbers today??? Nobody knows right now................i know that in the aircraft industry, every single sale is recorded and there is a database that shows what sold for what amount and you can actually look at the trends.......this is the only way to know what something is really worth, not by the asking prices on boats that are leftovers from 03', still havent sold, and the asking price hasnt dropped in 6 years...........what comparable boat has sold for what amount in the past week??? Thats how you know what it is worth...........

slpcamaross97

does thas site cost anything to be a member? or cost per qutoe of boat?

Ive been in the market for a 28ft offshore for under 30k and finding nothing but rough stuff for even more. and the i look at nada and find out the price i think its worth is the price i would pay.

WMF

The real problem is your boat could be worth 60K or 300K but if someone cant get a loan on it it is worthless!!!! Thier are alot of buyers out thier with great credit and income, but the banks dont want to lend money on Performance boats right now!!!! which is going to lower values even more

slpcamaross97

PERFECT!!!!!.

mmareno

I didn't pay anything. I created a user name... Hit auto fill... And had to go back to my personal email to activate it... Then Bam... I was live...

Pretty cool... Not hard by any means...