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Trade in values
What source do dealers use to determine trade In boat values ?
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my guess Is they look up what the price of the boat was when it was new, then deduct x amount based strictly on age, and subtract more based on condition.
Example, a 2004 Triton tr186/150 optimax might have sold New for 23000. And lets say its 14 years old, probably take of 40% just on age, then say it has some cosmetic flaws, wear and tear, deduct additional % say 20 percent for those things. That gets you down to 13,800. Now the dealer will need to make a profit on boat traded in so they will likely give around 11K and sell for around 14-15K asking price on the lot.
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Nada has a book just for boats
2020 Skeeter ZX150
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Member
NADA low retail with boat, motor, and trailer only price without options. Then a percentage of that depending on other factors.This is what the loan value is at the banks we deal with. After 7 to 8 years, it has much more to do with condition than values. Hope this helps
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Member
As with every thing else. by there Dealer ship 3 Books, Black, Blue and forgot the other color lolo. but all 3 are in Dealers Favor as always.. And as in cars and all other vechicles stock, any add ons, personilazitions ,, customizatations, won't create any above stock wholesale Price to customer trading in.. Dealers for eons get the profit, New or Used. thats life.
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