How to Find Out the Value of a Boat
If you are planning to buy or sell a boat, it is important that you know its value. This will help to prevent you from being swindled by an unscrupulous buyer or seller. Knowing a boat's value will help you to negotiate with dealers and individual buyers or sellers. Do not depend on a dealer to give you an accurate estimate of a boat's value, as he may give you an inaccurate value that reflects his own interests.
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Instructions
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Visit the website nada.com.
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Click on the link title "consumer" at the top of the page.
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Click on the tab labeled "boats." The tab is located immediately underneath the banner at the top of the page.
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Click on the link titled "boats." It is in the box labeled "boat pricing" near the top of the page.
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Select the first letter of the name of the boat manufacturer. This will transfer you to a list of different makes of boat that are produced by that manufacturer. Scroll down the page until you find your make of boat.
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Click on the year of the boat from the list directly beneath the name of the boat's make. This will transfer you to a list of the different models of that make and year of boat.
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Select the boat's model from the list. This will take you to a page that is specific to that particular make, year and model of boat.
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Select all of the extra options and equipment that come with the particular boat. This includes items such as boat covers, fish finders and stereos. Select these by clicking on the box to the immediate left.
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Click on the button labeled "Get Used Value."
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Tips & Warnings
If you want to purchase a boat and find one that comes with accessories that you do not want, use the N.A.D.A. value guide to determine the value of the boat both with and without the accessories. Subtract the value of the boat without the accessories from the value of the boat with them. This will tell you the value of the accessories themselves. Use this to negotiate with the seller. Tell him the value that the NADA value guide assigns to the accessories, and ask him if he would be willing to take that amount off the price of the boat--without buying the additional accessories.
