How does aftermarket HP affect NADA values?
#1
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How does aftermarket HP affect NADA values?
Does building your motor add to the the NADA value of your boat? Seems like it should based on the addition it gives for larger motors on there.
What have you guys run into? I'm guessing a lot of it depends on the bank doing the loan. But looking at my Mariah, if I spend $4k - $5k to supercharge my motor to 475HP, does that REALLY add the same NADA value ($7,700) as having a stock 475HP 8.1L??
(Not to influence the results here, but this would help me justify the cost to my wife. )
What have you guys run into? I'm guessing a lot of it depends on the bank doing the loan. But looking at my Mariah, if I spend $4k - $5k to supercharge my motor to 475HP, does that REALLY add the same NADA value ($7,700) as having a stock 475HP 8.1L??
(Not to influence the results here, but this would help me justify the cost to my wife. )
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Does building your motor add to the the NADA value of your boat? Seems like it should based on the addition it gives for larger motors on there.
What have you guys run into? I'm guessing a lot of it depends on the bank doing the loan. But looking at my Mariah, if I spend $4k - $5k to supercharge my motor to 475HP, does that REALLY add the same NADA value ($7,700) as having a stock 475HP 8.1L??
(Not to influence the results here, but this would help me justify the cost to my wife. )
What have you guys run into? I'm guessing a lot of it depends on the bank doing the loan. But looking at my Mariah, if I spend $4k - $5k to supercharge my motor to 475HP, does that REALLY add the same NADA value ($7,700) as having a stock 475HP 8.1L??
(Not to influence the results here, but this would help me justify the cost to my wife. )
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DIY power is, more often than not, a deduct in the mind of the buyer. Most will assume you have no clue as to what you are doing and the engine will fail. Then they will have the expense of making it right, which they will deduct from what they are willing to pay for the boat. While Sterling power might well fetch you some more bucks, "Bubba's Perf Shop" or "I done it myself" motors will likely drop the value of your boat.
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Thanks guys. That's the general consensus that I'm starting to hear. I'm 'new' to performance boating so its a slightly different world. I've built supercharged / turbo'd trucks that always found buyers that were willing to pay me almost dollar for dollar what I put in. But I can see that a potential buyer would be turned off since a broken down day in a boat is A LOT different than having your car break down.
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Stock my 272 baja is worth about 25-30 grand,add the price of my 30 plus thousand dollar motor,drive and mods and guess what,the boat wouldn't sell for 15 grand if I tried,Smitty
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To add a twist to this question, if a boat came stock with an HP 500 EFI motor could you more realistically adjust the value without as much fear of lowered resale? I know it always comes down to the buyer, but I figured if it was an OEM setup that I keep stock it could be more appealing on the backside.
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To add a twist to this question, if a boat came stock with an HP 500 EFI motor could you more realistically adjust the value without as much fear of lowered resale? I know it always comes down to the buyer, but I figured if it was an OEM setup that I keep stock it could be more appealing on the backside.