NADA used boat prices

indybleck

Petty Officer 2nd Class
Joined
Sep 29, 2011
Messages
136
When you look up the price of used boats on NADA site is the price given just for the boat or does it include a trailer. No where does the options ask for a trailer. I know trailers usually go for around $1500-$2000. Thanks found a boat and checking to see if the guy is in the ball park with his price.

Thanks
 

matt167

Rear Admiral
Joined
Sep 27, 2012
Messages
4,156
Re: NADA used boat prices

Price without trailer, and motor if it is an outboard model.. BUC value is more accurate than NADA but it is only free for 3 values
 

WIMUSKY

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Sep 26, 2009
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19,928
Re: NADA used boat prices

They call it NADA "guide" for a reason. That's all it is, it's just a guide. Around here good condition boats go for above NADA's value....
 

roscoe

Supreme Mariner
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Oct 30, 2002
Messages
21,740
Re: NADA used boat prices

nada is useless for boats, and a scam for vehicles.
 

agallant80

Commander
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Oct 25, 2010
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2,328
Re: NADA used boat prices

I never trusted those things though I assume they can give you a good baseline. Boats are like other toys. I sold Corvettes for a few years. No one needs a Corvette and no one needs a boat (well unless you are in that line of work but you know what I am talking about). I view those items as more a market value thing. If its the spring and everyone wants a boat then the prices will go up, if its the winter and people want more cash for X-Mass then prices go down.
 

tpenfield

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Jul 18, 2011
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18,053
Re: NADA used boat prices

As Bubba said, look for the notes under each manufacturer and model. That will tell you if the trailer is included and even if an outboard motor is included in the price given. You typically find this sort of 'package' pricing with boats that are sold as such.

If there are not notes mentioning the trailer, etc. then you can add it in. FWIW - trailers sell better by themselves, and don't add a whole bunch to the value when a boat is sold with a trailer. Sooo, I would not add the full value of a trailer to come up with a fair market price for a used boat.

As far as the usefulness of NADA . . . I have found that it is more of a depreciation schedule than a market guide. Being such, it tends to overstate the fair market value of newer boats and understates the fair market value of older boats. With boats in the 12 year old range, NADA can be pretty good. I have seen wierd deviations to that general rule, though. So, you always want to use other information to assess fair market value.

BUCvalue is another price guide and tends to be more accurate to the market. There is also a matter of looking at the range of asking prices for same/similar boats. Similar/same boats tend to sell from the bottom of the range of asking prices. The folks in the higher range are just behind in their mortgage, or have other needs for large amounts of money. :D


Can you tell us a bit more about the type of boats that you are looking at?
 

indybleck

Petty Officer 2nd Class
Joined
Sep 29, 2011
Messages
136
Re: NADA used boat prices

I'm looking at a 1990 Sea Ray 230 cuddy it is a one owner and it is clean with low hours, his price is 10750.00 with a ez loader trailer with new rubber. Once again thanks for all the help.
 
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