Boat Appraisals

The price that a boat valued at is determined by the following:

All these items and many other items factor into a vessels condition. For vessel in poor condition 10% to 50% may be subtracted from the book value. For vessels in excellent condition 10% or more may be added.

Optional equipment is another consideration which adds to the appraised value of a boat. Some boats have loads of electronic equipment. This naturally need to be taken into account when pricing a boat. Such items as radar, GPS, depth finders, auto pilots, outriggers, anchor windlasses, radios, hard tops just to name a few, will add to a boats value.

Book value as determined by the BUC Book, The Blue Book, NADA, and the Power Boat Guide all are consulted before pricing a vessel. By cross referencing these publications we can obtain a fairly accurate value for most vessels. This value is relied upon by bank, finance companies and insurance companies. We pride ourselves on obtaining and accurate value on the vessel that you purchase.

Boat value will also vary geographically by different areas of the country and from country to country. The same boat in the Northeast Atlantic, Mid West, California or Florida will not retail for the same price, and must be geographically adjusted.