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Old 07-17-2013
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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.
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