Still learning or attempting to learn

[Cker]

Finally counted all my aluminum can money, beer money, loose change, garage sale money, etc., and have gotten the gumption to go searching for a "gently used," well cared-for Parker. Found a few nice ones for sale but confused by prices. Looking at NADA, there is a vast difference between the values (all including motor) and the "asking" price. There is some variation depending on the instrumentation, etc., but basically boat and motor seem to be waaaay lower than the asking prices. (One example - 2120 at $16,5k more than NADA). Even allowing $3k for instruments, that's a bunch.
I do not want to "low ball" anyone but, by the same token, don't want to pay an exhorbitant price for a boat. As seen from my previous posts, I'm looking at 2120/2320 boats that won't be in the "project boat" category.
Is there, or might there be a more accurate pricing guide or am I just dreaming? :?:

 

[DaleH]

From 20+ years buying and selling my own boats, my best guess is NADA is 40% LOW from where it 'should' retail, less this economy, which is a HUGE factor in your favor. NADA is great for the buyer, if an unaware seller ...

FWIW you can get a free valuation from Boat/US and I find them about 20% low, then YOU need to add for extras, like electronics and other added stuff.

Condition dictates price, an older hull well cared for may well be a much better deal (read: VALUE) than a newer one not cared for.

 

[Megabyte]

Condition dictates price, an older hull well cared for may well be a much better deal (read: VALUE) than a newer one not cared for.

True words... 8)

 

[B-Faithful]

Those online appraisal/value sites dont account for a lot of things. They generally start with a number and depreciate a certain percentage every year. It is probably better for some boat companies to not be even evalutated on those sites as the market place better determines the value much more accurately. Parker has good demand so values will be much higher than what NADA lists whereas a lesser desired brand may not be able to sell for the stated online values. You are better off keeping an eye on the for sale sites and seeing when they move to determine how much the boat is probably worth. Obviously harder to locate models will hold their value more than the models that are available in greater numbers.

 

[Charlieroc]

i once read somewhere that the NADA guides were produced by the deaers association for dealers as a used, wholesale, or trade-in value guide and not for use as a selling price guide; hence, the difference between what the dealer pays for the used vehicle and for what he sells the same vehicle. True or not, I do not know.