What's the deal with...

[Chexi]

What's the deal with... NADA values? Where do they get their information? I look at boat prices every day around the USA and would have to say that NADA values on inboards and v-drives seem to be anywhere from 33% - 50% below the market values I see. Perhaps they get their information from people who under report the sales value to cheat on sales taxes. I mean if I could get a 99 SAN with everything plus trailer for $15,300 - $17,530, I'd pull out my checkbook immediately... and probably buy two.

[swc5150]

No doubt... you'd think they'd get their figures from actual dealership sales, like Edmunds, but it doesn't seem to be the case.

[SquamInboards]

"I mean, what's the deal with Nautique NADA values these days!?" [in Seinfeld voice]

NADA is not a reliable source for many vehicles and boats as well. Do your own market research and come to your own conclusions is really the only accurate way of analyzing sale prices. Fortunately for us CC owners we have PN, CCF, the2001, etc. to give us fairly accurate representations of the actual market value of our boats.

[Zigzag55k]

What's the deal with NADA values these days

I can only speak from the past. NADA values were derived from the manufacturer four or five years ago. I know the banks demanded new market adjusted numbers about two years ago when all the dealer repo boats hit the market. Unfortunately this devalued a lot of boats. The best way to gauge market value is go to boat trader and do a nationwide search on the boat of interest. Throw out the high and low and boats listed over 120 days. Then run an average and deduct 10%. That should give you a realistic current market value for your boat. Obviously condition of boat and hours will have significant impact plus trailers. The marine market has really adjusted to the current economic situation. Hope this helps. Keep in mind two variables perceived market price vs. actual sale price.

Mark Qualkinbush

[Oletimeskier]

It all depends what side you are on wether the nunbers look good or not...

If you are buying everyone thinks the numbers are 100% accurate. And if you are selling then the numbers are low.

[xjay]

the boat i just bought booked at about half what i paid and i still think the price was fair...NADA should not be pricing boats
(hope none of the insurance co's use these figures on claims

[Oletimeskier]

Problem is the banks all use NADA for loan to value..No upgrades for low hours, excellent condition and those kind of things. And if you are selling and the buyer needs to borrow money it can be very difficult if your #'s are not in line with NADA

[Chexi]

It all depends what side you are on wether the nunbers look good or not...

If you are buying everyone thinks the numbers are 100% accurate. And if you are selling then the numbers are low.

Yes, but the high price range that NADA comes up with is a really a steal of the year price. I would love for NADA (or anyone) to please tell me where I can get a 99 SAN with everything for $15k or even $17k.

[steve-o]

I got my 99 SAN for $16500 last June. 350 hours, maintained by sail and ski, and all the maintenance records to go with it. Just needs a little interior work.

[Chexi]

You are a lucky man steve-o. I'd bet you realized it was quite a deal when you found it.

[steve-o]

Oh yeah. I was looking newer and came across this on a random for sale post on a Tuesday. I drove to Austin on Thursday and bought it by 9 AM after driving it. Somehow I convinced him to let me demo it first since I was driving 6 hours to look at it.

Here's some when I bought it pics. I haven't taken many myself yet. Air graphics are gone.
http://www.wakeboatworld.com/wakesoc...id=1&userid=63

[Chexi]

Dude, I am literally green with envy right now. You even got it with the 2nd gen tower.

[xlair]

chexi- one thing is that steve-o's boat is probably only one of a handful of NSS that had the 5.8HO 290hp Carb motor in it. So I would probably duduct $2-2.5k off the price because of that motor. Still, $16.5k for a NSS is a good deal!

[steve-o]

Yeah it was a custom order by some sponsored boarder 2 owners previous to me. I'm guessing that explains the AIR graphics.

I don't think the EFI was that good on the 99 so I'm not sure there's that much deduction over the HO carb. Maybe $1k for the engine being carb. I read alot about EFI problems and corrections on those earlier years.

The options on the small block that year were
5.8 HO carb 290hp
5.8 GT-40 310hp
5.7 Apex 320HP

[SquamInboards]

I don't think the EFI was that good on the 99 so I'm not sure there's that much deduction over the HO carb. Maybe $1k for the engine being carb. I read alot about EFI problems and corrections on those earlier years.

Yeah, GT40s totally suck... But becuase I'm nice, the next GT40 you find I'll trade you straight up for an HO.

Keep doing your research...