NADA value?

[skers85]

I am looking at a 2001 210 and was trying to figure out the value the highest price was 23,000 on NADA but I can't find any with low hrs less than 25k the one I'm looking at is low hrs and great condition for 26.5

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[bhectus]

IMO Nada is useless for boats.

[skers85]

Don't the banks use it though?

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[Brichter14]

My boat NADA value is 13k. Its worth atleast 20. Nada values depreciate value like our boats are an I/O.

[pe4me]

I found nada to be close on my 06 210, but the market and ultimately the buyer places the value on a given boat. Though the lending institution may be bound by rules outlining the use of nada.

[lucky7t]

It's worth what someone will pay for it. That being said the banks do use a guideline but in most cases they loan 110% from what I understand