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Posts: 117
| I posted earlier, and I think some people misunderstood my post--I am considering selling my boat, but have not made my mind up on this yet. Part of that decision is figuring out what I might be able to get for my boat in sale or trade. I have checked the NADA blue book value for my boat, as well as searched various online places where similar boats are listed for sale. The problem Im finding is that there is a huge disparity between the NADA value and what people are asking for the same year/model, with NADA value as much as 50% lower than common asking prices, and im even finding wild variation in asking prices. I have been told that a lot of people consider NADA values inaccurate, and I dont know what goes into them so have a hard time saying one way or another. I also can only see asking prices for various boats, so I dont know what they are actually selling for. There are virtually zero similar boats for sale in my region at any given time, so Im having a very difficult time researching any local or regional comparable boats.
How do you guys go about figuring what a reasonable price is for a boat given this? And, is there some sort of rule of thumb you can figure on with a private party sale value vs a trade-in value?
Thanks
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