What source do dealers use to determine trade-in values?
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12-01-2006, 09:18 AM
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Re: What source do dealers use to determine trade-in values?
Originally Posted by Edward R. Cozzi
Mike:
Many dealers in this area have me survey the trade before they give the customer a hard number of what his trade is worth. Of course I evaluate the boat on its own merit, but I use a consensus of info from NADA, BUC, ABOS and the Powerboat Guide. I also compare to others that have sold within the last few months if that's possible. Naturally this is easier on a high-volume production boat than a custom. The dealer uses my survey as a negotiating tool if there are many deficiencies in the trade.
Many dealers in this area have me survey the trade before they give the customer a hard number of what his trade is worth. Of course I evaluate the boat on its own merit, but I use a consensus of info from NADA, BUC, ABOS and the Powerboat Guide. I also compare to others that have sold within the last few months if that's possible. Naturally this is easier on a high-volume production boat than a custom. The dealer uses my survey as a negotiating tool if there are many deficiencies in the trade.
12-01-2006, 09:56 AM
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Re: What source do dealers use to determine trade-in values?
We use ABOS, NADA, and BUC; as well as doing online market research and talking to various industry contacts. At our dealership, we do a fair amount of trade-in deals...the bottom line is that we need to be able to buy your boat at a $# that will allow us to resell the traded boat on the open market.
12-01-2006, 10:33 AM
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Re: What source do dealers use to determine trade-in values?
Originally Posted by wrinkleface
A non lubed vibrator up Your AZZ, on High!!!! 
12-01-2006, 10:45 AM
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Re: What source do dealers use to determine trade-in values?
Originally Posted by Downtown42
is that all U think about, it's not even noon yet
12-01-2006, 11:18 AM
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Re: What source do dealers use to determine trade-in values?
Originally Posted by Edward R. Cozzi
Mike:
Many dealers in this area have me survey the trade before they give the customer a hard number of what his trade is worth. Of course I evaluate the boat on its own merit, but I use a consensus of info from NADA, BUC, ABOS and the Powerboat Guide. I also compare to others that have sold within the last few months if that's possible. Naturally this is easier on a high-volume production boat than a custom. The dealer uses my survey as a negotiating tool if there are many deficiencies in the trade.
Many dealers in this area have me survey the trade before they give the customer a hard number of what his trade is worth. Of course I evaluate the boat on its own merit, but I use a consensus of info from NADA, BUC, ABOS and the Powerboat Guide. I also compare to others that have sold within the last few months if that's possible. Naturally this is easier on a high-volume production boat than a custom. The dealer uses my survey as a negotiating tool if there are many deficiencies in the trade.
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