Senior Moment Member
Join Date: Jun 2011
Location: West Vancouver B.C.
Thanked 112 Times in 107 Posts
Rep Power: 6
Re: What Is A Boat Really Worth?
Re: the original thread caption - exactly what someone is willing to pay for it.
Not exactly an original statement but it is the simple truth. Prior to 2008 people were willing to pay more - a lot more - than they are today.
As far as I know, Soldboats.com is the most accurate valuation system out there. I had bootleg access to it a few years ago and was astounded at what boats actually sold for compared to asking prices. Very frequently the sale prices were 1/2 or less of asking, not 10% & 20% less - 50% to 70% less - huge differences.
If your broker doesn't have access to it, get a new broker.
I, myself, personally intend to continue being outspoken and opinionated, intolerant of all fanatics, fools and ignoramuses, deeply suspicious of all those who have "found the answer" and on my bad days, downright rude.