On 12 Mar 2007 12:54:54 -0700, "Chuck Gould"
wrote:

Bringing us back to the original point, I think it may presume too
much to tell the original poster that he overpaid by 40%, and probably
more unless the boat is in bristol condition. Yes, your NADA book
supports that- but the fact that there are almost no boats for sale at
that price level and most are substantially more carries more weight
than what NADA says the market "should be".

I take your points - all good ones.

However that does not negate the obvious fact that NADA book pricing
for both trade in and retail are the values used when setting boat
prices no matter where you live.

That's a fact. There may be individual market fluctuations that make
a boat's value go up or down, but on average, NADA is the book used
and thus reflects the relative value of the vessel.

The only other way to price a boat is via BUC and when I asked, the
BUC value was about 5/8% higher than NADA.

For instance:

In my zip code, my 2000 Ranger with 2000 FICHT with trailer has a low
value of 14,700 and a average value of 16,800.

For Charleston, SC, it's exactly the same number.

For Fort Lauderdale, FL it's about $500 higher on both ends.

Based on that, I would think that the boat is worth about that and
based on what I'm seeing, it is.

Now with 16,000 of new engine, to me it's worth a lot more, but I
seriously doubt that I'd get even close to 32000 if I decided to sell
it.

By the way, how did you get that search report? I can't get more than
11 boats listed.