You may even want to hire specialized boat surveyors – one for the hull and general condition of the boat, one for the rig if it’s a sailboat, and one for the engine survey which should always include an oil sample analysis, especially for a powerboat. ), rigging (sailboat mast, boom, shrouds, stays and sails), and cosmetics (everything else including canvas, wood trim, gel coat, etc.). We'll work for you. Such vessels are difficult to find and price, and to some degree, even to define. Check car prices and values when buying and selling new or used vehicles. Provide Make, Model, Year, Type, Special Requests and we'll do the rest. Smaller problems like outdated electronics, worn canvas and overall cosmetics will need to be taken on by the buyer. Should You Charge Your Car Battery at 2 or 10 Amps?
Learn More. Documentation is generally needed to prove any of the above. The fear of overpricing and underpricing can cause major stress when it comes to buying and selling any type of motor vehicle. Max Length. The size, model, year, condition, equipment, and accessories all play into the blue book price. Fact Check: What Power Does the President Really Have Over State Governors? As previously mentioned, location will increase or decrease the price as well. Other resources include the Antique and Classic Boat Society, the Chris-Craft Antique Boat Club, the Antique Boat Center, Antique Boat America and Woody Boat magazine. Condition divides into three general categories. Boats.com, BoatTrader, and Iboats are a few more websites to visit. Also, check with other dealers of the same model to assess if the boat is priced fairly but take location into account because a boat that is sold in Florida may be priced differently than one sold in Michigan where the model may be scarce. If you are looking to finance your boat, you may be required to have an estimate which your lender will lay out the guidelines for. This will affect the value. If the dealer is looking to liquidate inventory, a lucrative deal may be struck. Although valuation isn’t an exact science and values in guides are broad brushstroke averages, if a boat is priced well over these guidelines, you’ll want to ask the broker for the reason. The term “blue book” refers to an estimated value.
You can search by Manufacturer and location on as many different websites and possible to gain as much information as you can to compare. As Kelley Blue Book Value does not have a price guide online on their website NADA Guides does list blue book value boats on their website from 1970 to present days. For example, a deep sea fishing vessel with a large draft may not be as desirable in an inland region where shallow bodies of water (such as lakes and rivers) are the only boating destinations nearby. Oldest Year. However, selling a boat where there is a small population can also decrease the number of buyers and the price may adjust 10-15% downward.
Let’s take a closer look at new boat prices from dealers, versus pre-owned boat prices from individual private sellers and/or brokers. Other supplementary gear that may raise the price include outriggers, towing towers, hard Biminis and baitwells. These sites are also used anonymously and the accuracy of the value given will correlate with the details you provide. Large issues should be addressed by the seller and may include significant engine malfunction, de-lamination of the hull, sailboat rigging failure and anything that will require dismantling parts of the boat to fix such as replacing failing fuel tanks. She contributes to Boats.com and YachtWorld.com, and also blogs regularly on her boat review site, TalkoftheDock.com. There are a number of factors that determine the value of a pre-owned vessel. The Antique & Classic Boat Society has five categories of older vessels based on age: Boats built:Prior to 1918 are Historic1919-1942 are Antique1943-1975 are Classic1976-1995 are Late ClassicIn the past 25 years are Contemporary. The key is to not fall in love, especially if it is with a project. A washed, waxed and covered vessel shows it has had good care and that raises the perceived value. What is Kelley Blue Book and How Can I Use It? The most obvious ones include size, age and model. Kelley Blue Book and NADA are convenient and free and are among a wide variety of sites online for you to blue book your boat at.
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