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#21
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Eisboch wrote:
I haven't followed this thread, but I am wondering why NADA is used. Years ago I bought the BUC books and, if I recall correctly, their boat value estimates are based on actual sales by region and by condition. Eisboch In my limited experience, NADA is used by broker's when they are buying a used boat to justify their low ball offer. |
#22
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posted to rec.boats
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![]() "Eisboch" wrote in message . .. I haven't followed this thread, but I am wondering why NADA is used. Years ago I bought the BUC books and, if I recall correctly, their boat value estimates are based on actual sales by region and by condition. Eisboch I agree. And your local library probably carries the last years edition. They also offer an appraisal service for a fee. |
#23
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posted to rec.boats
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![]() Eisboch wrote: I haven't followed this thread, but I am wondering why NADA is used. Years ago I bought the BUC books and, if I recall correctly, their boat value estimates are based on actual sales by region and by condition. Eisboch For an alternative to NADA did anybody ever use: http://www.edmunds.com/ just curious how the values would compare... |
#24
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posted to rec.boats
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On Mar 13, 5:32�am, "JimH" wrote:
"Eisboch" wrote in message . .. I haven't followed this thread, but I am wondering why NADA is used. Years ago I bought the BUC *books and, if I recall correctly, their boat value estimates are based on actual sales by region and by condition. Eisboch I agree. *And your local library probably carries the last years edition. They also offer an appraisal service for a fee. BUC is a little better than NADA. In the last 10 years or so they have lost most access to the data that once made them pretty reliable. At one time, the customary data exchange and multiple listing service for yacht brokers was called BUC.net. It was a pretty sweet deal for BUC. When you logged on to check regional inventory, etc, you paid something like $1 a minute to use the service. A busy brokerage office might run up a bill of $20-$30 a day! Along came Yachtworld with the broker's-only password protected side, Boatwizard that offered better service for something under $200 a month when they first began. (Yachtworld is now several hundred per month- maybe leaving the door open for the next better mousetrap?). Most of the brokers got out of BUC.net within a couple of years, and the service lost its data. BUC does send out sheets to yacht brokers and asks them to report on the boats they have sold. There's not much incentive to do that, and it probably gets put into the "when I get a round tuit" file much of the time. A word of caution on BUC. The regional differences are fixed percentages that are supposed to apply across the board. Doesn't work that smoothly in real life. IIRC, there was a 15% add-on for boats in the Pacific NW. Boats do sell for more money here than elsewhere as there is a lot of opportunity to use them and the lack of intense sunlight for most of the year keeps UV degradation to a minimum. That said, a good clean trawler here will often bring 25% more than the "national average" for the same vessel, while a picnic or lobster boat that would be very popular on the East Coast probably will need to be heavily discounted to sell at all......(exception seems to be the Grand Banks Eastbay series). Another tripping point with BUC is the "condition" tables. Everybody always overestimtes the condition of their boat when they are selling, and everybody always expects a *lot*, conditionwise, when buying. Far too many sellers with a decently clean boat, (in the same shape that most people who cared about their boat would keep it), add on for "Bristol" condition when using BUC. Conversely, the typical buyer looks for a reason to offer less and will try to bluff the seller by stating that he only considers what might be the cleanest boat in the world "average". The dance of the buyer and seller goes on, and on, and on. :-) |
#25
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posted to rec.boats
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At any rate...good luck with the new boat - enjoy!
"brian" wrote: i have just purchased this boat for 10,000.00 from a privet party. it has the 5.8 cobra in it and trim tabs and what not. i am looking for any information on this boat as to the boat itself or the engine and outdrive. looking for any information that i can get regarding the safety of this boat. and what to look out for . i am having a mechanic look at it first before the deal is final. just wondering if the is any information out there regarding this boat/engine history that someone can help me with. it would be most apprecitated. this is our first BIG boat. we just upgraded from a 1850 bayliner 1999. and used the money to get this bigger one for the family and friends. camping and fun. also know what the top speed is on this as well. 351. thanks for any information you can provide. brian |
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