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How accurate is NADA Boats these days?

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How accurate is NADA Boats these days?

Old 05-01-2012, 06:47 PM
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just sold the 271, nada says 17140, ya thats not close
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Old 05-01-2012, 08:05 PM
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Nada clue!!
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Old 05-01-2012, 08:06 PM
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Originally Posted by minx163 View Post
Nada clue!!
:l olhit:
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Old 05-01-2012, 10:58 PM
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Originally Posted by PhantomChaos View Post
I think NADA values are only half the price of what boats are worth.


I've used for property tax reasons. It is only a "guide" and should be used as such. Heck.....it's right in their name!
Your right! National "Automotive" Dealer Assoction
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Old 05-01-2012, 11:35 PM
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Just paid exactly half of nada value for a 07 35 executioner. Its worthless.
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Old 05-02-2012, 12:22 PM
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Nada has only been useful to me when buying boats at auction. I would say that 95% of the ones that I follow end up selling within a grand of wholesale book number (not including options or trailer). Seems as if the buyers all use that number as their stopping point.

There is an exception to that. The idiot buyers here in the Dallas area buy wakeboard boats at auction all the way up to high retail. They are insane here. I have better luck buying them from the west coast and hauling back here to Texas.
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Old 05-02-2012, 02:06 PM
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On the boats I've been looking at (~10 years old, 30k price range), the NADA value's are all 20k or less. Seems to be on the low side for that part of the market.

-Rob
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Old 05-02-2012, 02:34 PM
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Originally Posted by RWS Cigarette View Post
Use BUC Values guide - all the professionals use it. www.bucvalu.com/
+1

Banks/Credit Unions/Insurance use it
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Old 05-02-2012, 02:49 PM
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When I got my loan for my boat first of this year the bank told me it nada'd at 191k without having to itemize any options

I think the older the boat the better chance of nada having a handle on being the closest to actual market value.
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Old 05-02-2012, 02:55 PM
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I believe Kelly Blue Book uses registration (Tax paid) info to aid in their calculation
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