NADA Values
02-01-2011, 07:41 AM
#1
Registered
Thread Starter
Join Date: Apr 2007
Location: Northern, KY (Cincinnati) Lake St Clair, MI Norris Lake, TN
Posts: 1,130
Likes: 0
Received 2 Likes
on
1 Post
NADA Values
Has anyone checked the value of their boats recently on NADA? Seems mine has gone up in value quite significantly since I purchased it in August. Could help a potential buyer get financing if nothing else.
02-01-2011, 12:51 PM
#4
Registered
Thread Starter
Join Date: Apr 2007
Location: Northern, KY (Cincinnati) Lake St Clair, MI Norris Lake, TN
Posts: 1,130
Likes: 0
Received 2 Likes
on
1 Post
I know when I bought mine NADA is what the bank used to tell me how little they would loan me. If bought it today I wouldn't have had to put any money down (according to my new value)
Not so sure you'd actually use it other than for financing purposes. I don't really think my 1999 went up in REAL value. But it doesn't hurt to have the banks lending more on boats when it comes time to sell.
Not so sure you'd actually use it other than for financing purposes. I don't really think my 1999 went up in REAL value. But it doesn't hurt to have the banks lending more on boats when it comes time to sell.
Last edited by Baja_342; 02-01-2011 at 12:54 PM.
02-02-2011, 08:36 AM
#5
Registered
Platinum Member
So if a specific boat comes up to a value of lets say 80K using NADA figures, is it safe to say that should be the number used to buy/ sell such said boat??
Lets say finances are already in order and bank financing is not required....
Lets say finances are already in order and bank financing is not required....
02-02-2011, 08:41 AM
#6
Gold Member
The NADA values are often a good indicator of what you'd pay a dealer, depending on condition. I know dealers have their own source book, which they pay for. I'd have to say a dealer would give you at least 30% less than NADA low retail value. If you're a private seller, I doubt you could get NADA retail value unless your boat is impeccable, or is a model that is hard to find.
You pay high, you get far less. That's the deal.
You pay high, you get far less. That's the deal.
02-02-2011, 10:10 AM
#7
Registered
Platinum Member
The NADA values are often a good indicator of what you'd pay a dealer, depending on condition. I know dealers have their own source book, which they pay for. I'd have to say a dealer would give you at least 30% less than NADA low retail value. If you're a private seller, I doubt you could get NADA retail value unless your boat is impeccable, or is a model that is hard to find.
You pay high, you get far less. That's the deal.
You pay high, you get far less. That's the deal.
I was wondering if that was justifiable...the boat in particular has a desirable engine package (Merc blue) which is hard to get in this particular model. 2000 342 Baja loaded with most options including heat/air, micro, fridge, bimini with camper canvas, etc for 80K, 330hrs, apparantly super clean, I havent seen it yet though
02-03-2011, 03:15 PM
#8
Registered
Join Date: Apr 2005
Location: www.bajaboatowners.com
Posts: 2,957
Likes: 0
Received 1 Like
on
1 Post
A boat I am interested the selleris private and refers to the NADA pricing.
I was wondering if that was justifiable...the boat in particular has a desirable engine package (Merc blue) which is hard to get in this particular model. 2000 342 Baja loaded with most options including heat/air, micro, fridge, bimini with camper canvas, etc for 80K, 330hrs, apparantly super clean, I havent seen it yet though
I was wondering if that was justifiable...the boat in particular has a desirable engine package (Merc blue) which is hard to get in this particular model. 2000 342 Baja loaded with most options including heat/air, micro, fridge, bimini with camper canvas, etc for 80K, 330hrs, apparantly super clean, I havent seen it yet though
Here I thought you where talking about mine for a second! LOL!
02-03-2011, 05:04 PM
#9
Registered
Platinum Member
The boat has 500 efi's.
02-03-2011, 05:57 PM
#10
Registered
Join Date: Apr 2005
Location: www.bajaboatowners.com
Posts: 2,957
Likes: 0
Received 1 Like
on
1 Post
I'm still trying to sell. Too many people thinking they're going to get a nice setup for junk boat prices. I don't need to sell it. Just looking to upgrade. Glad you found what your looking for.
