What's the best way to get a good valuation of what a boat is worth in the current economy? I'm not selling, but need an accurate number for the lawyers, if you know what I mean.
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Dang, sorry to hear that man! Hope all goes well if you are talking the big "D".Comment
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Avg NADA - 10% is about market value.Originally posted by Weil Thing View PostMikes Liquid Audio: Knowledge Experience Customer Service you can trust-KICKER WetSounds ACME props FlyHigh Custom Ballast Clarion LiquidLumens LEDs Roswell Wave Deflector And MoreComment
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Do you want it to be worth more or worth less?
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wow, just checked mine out for kicks, 14K
less than a year ago it was high 18's, damn economy
oh well, at least she's paid for
"I feel sorry for people that don't drink, when they wake up in the morning, that's as good as they're gonna feel all day" - Frank SinatraComment
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When I was looking, NADA was no where near what the price of boats were selling for and not sure if some will go that low? I think the NADA has them undervalued, then again I think they are over priced. It's all back to what the market will bare and think those values came out when the economy was tanking. Hopefully the economy will come back by end of 2010!!!! If not, may have a boat for sale!!!Comment
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I don't know about that...I bought my boat for over 25% less (I did get a screaming deal and the guy needed the money badly) than the NADA Value. Just for kicks I priced some of my buddies boats and they seem fairly high as well on NADA. Used boats are selling pretty cheap...up here anyway. X2 on the economy picking up in 2010...we could all use that. Only good thing for me is the Canadian dollar being high so I can order stuff for my boat and not get hosed on the exchange!!Comment
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do you want a high accurate number or a low accurate number?
surf till u die.Comment
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NADA will be acceptable to the judge, but if you want a real valuation, e.g. less than NADA, you will probably have to bring in a dealer to testify that used boats are retailing for less than the NADA #s. Good luck!Originally posted by Weil Thing View PostComment
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I was down this road.
Get a price quote from a dealer if you can. Get comp sales if you can - look on the internets and speak to dealers.
You will want to value in your area if it is below the national average or the national average if you are in a ritzy area. Make it work for you.
Keep your chin up and feet on the high road.Comment
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Thanks for all the replies, guys!Comment
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