Q:

How do you use a NADA Guide to determine a boat`s value?

A:

Quick Answer

NADA provides boat valuations for new and used boats at NADAguides.com under the Boats section accessible from the main page. Valuations for used boats are based on prices at which similar boats have recently sold.

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Full Answer

Click the Boats tab on the main page to bring up the Boat Prices and Values page, then click the Start Here button to bring up a list of boat manufacturers. If the manufacturer is not in the primary listing, a full list is available in the drop-down box beneath the primary list. After selecting the manufacturer, select the year it was manufactured, and indicate whether the boat is a power boat or a sailboat.

Select the boat from the list displayed, then on the next page enter the options included. Options vary widely, can greatly influence the final value, and include things such as the types of sails, the galley equipment and if the boat has a flat panel TV. Click the Continue button, then enter information requested about any trailer included with the boat.

Select the Next: Price Summary button to display NADA's assessed value of the boat. Valuations for used boats typically include a suggested list price and, depending on the boat, a low retail price and average retail price. For new models, a manufacturer's suggested retail price is provided.

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