03-22-2005, 08:22 PM
I'm still looking at boats, slowly educating myself. Lately, I've been looking at prices all over the country on [url "http://www.boattraderonline.com"]www.boattraderonline.com[/url]
and comparing them to the used boat values listed at [url "http://www.nadaguides.com"]www.nadaguides.com[/url]. So far, I've only ever found one boat that was selling for even close to the book value. In fact, I'd say on average people (both private sellers & boat dealers) are asking for an average of 3 times the book value.
I've been looking for a deep-v 16-19' from Tracker/Lund/Lowe etc. w/ a 40 HP or greater motor. You can buy a pretty nice one brand new for 10-15K. According to NADA, boats in this category that sold for 10-15K 10 years ago are now worth only 2-3K in most cases. In most cases, the NADA price says it includes the motor and trailer, but you can also get separate values for each and I've done this and added the three together and seem to get the same result- about 1/2 to 1/3 of what most people are asking.
Am I missing something? Or do people expect to get a lot more than the book value? I know some used boats come with nice extras like fish finders and trolling motors, but that could hardly double or triple the value. . .
[signature]
and comparing them to the used boat values listed at [url "http://www.nadaguides.com"]www.nadaguides.com[/url]. So far, I've only ever found one boat that was selling for even close to the book value. In fact, I'd say on average people (both private sellers & boat dealers) are asking for an average of 3 times the book value.
I've been looking for a deep-v 16-19' from Tracker/Lund/Lowe etc. w/ a 40 HP or greater motor. You can buy a pretty nice one brand new for 10-15K. According to NADA, boats in this category that sold for 10-15K 10 years ago are now worth only 2-3K in most cases. In most cases, the NADA price says it includes the motor and trailer, but you can also get separate values for each and I've done this and added the three together and seem to get the same result- about 1/2 to 1/3 of what most people are asking.
Am I missing something? Or do people expect to get a lot more than the book value? I know some used boats come with nice extras like fish finders and trolling motors, but that could hardly double or triple the value. . .
[signature]