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NADA Boat values

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Old 08-22-2008, 12:03 PM
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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?
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Old 08-22-2008, 12:35 PM
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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.
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Old 08-22-2008, 10:26 PM
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Post all the info and I will get you an ABOS value....that is what most of the boat dealers go with
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Old 08-22-2008, 10:38 PM
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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.
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Old 08-23-2008, 01:29 AM
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LMAO...Total Price $47,800 - $54,055
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Old 08-23-2008, 12:14 PM
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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
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Old 08-24-2008, 11:15 AM
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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.
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Old 08-24-2008, 02:11 PM
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------Buyers swear by NADA. Sellers swear at NADA...............Bill S
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