The NADA price guide for used boats can be accessed at NADAguide.com. Owned by National Appraisal Guides Inc., the National Automobile Dealership information provides pricing information for new and used personal watercraft, boats and other types of vehicles.
NADA evaluates the price of used boats according to several factors, including but not limited to the boat's make and year, model and trim, the typical options of the boat and the Blue Book value of the boat's engines. NADA provides three value types: a suggested list price from the manufacturer, a low retail value price that indicates that the priced boat shows excessive wear and tear and is probably not in good working condition, and an average retail value for boats that may need minor repairs but are still in good working condition. The price of a used boat in excellent condition may be significantly higher than the average retail value shown in the NADA guides. Aside from the pricing guide, NADA also offers other services, such as financing options for new and used boats, a boat HIN search tool and a boat history report.
The NADA price guide is an essential tool for individuals who are wading into the new and used boat market. NADA also provides these Blue Book guides to finance companies, insurance companies, banks and government agencies.