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NADA guides are the first step in assigning a boat value prior to selling or insuring it. A thorough survey of similar boats for sale on the open market can give more of a real-time feel for boat prices.
Most people know that the first step in figuring out boat prices and value is to check boat prices with NADA guides , but this is only the first step in determining exactly what a boat is worth. In fact, a study by Boating Industry Magazine and reproduced on Boattest. And individual sellers need to remember that the pricing data is based on dealer and broker sales.
As a rule of thumb these numbers tend to run slightly above the value of boats being offered for sale by private owners read How to Choose Between Boat Brokers, Boat Dealers, and For Sale By Owner , to get a handle on how these sales can differ. The NADA guides are an excellent starting point, when determining boat pricing and value.
The pictures you see at left and right are from listings for identical model Sea Ray Sundancers. The one on the left is in mint condition while the one on the right clearly shows its age. And even though these two boats rolled off the assembly line the very same year with the very same equipment, their difference in price is over 20 percent.
Boats that live in freshwater almost always carry a higher value than those which have been used in saltwater. Back Explore View All. Back Types View All. Unpowered Boats Kayaks Dinghies. Personal Watercraft Personal Watercraft. Back Research. Reviews Boats Engines and Parts. How-to Maintenance Buying and Selling Seamanship. Back Services. Boats PWCs. Boats for Sale View All. Or select country. Search Advanced Search. Personal Watercraft for Sale View All. Liked it? Share it! Facebook Twitter.
With over two decades of experience in marine journalism, Lenny Rudow has contributed to publications including YachtWorld, boats.
Best Boat Brands Lenny Rudow. Boat Loans Zuzana Prochazka. Boat Insurance Zuzana Prochazka. Boating Guides. Boat Buyer's Guide. Boat Seller's Guide. Spring Commissioning for Your Boat.
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