Join Date: Mar 2006
Location: on the water
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Rep Power: 11
NADA Value .. What gives with that ??
I see many boats offered for sale at prices that are extremely
over the NADA value for the boat. As an example: I looked
up one sailboat, the NADA value was $13,000 to $15,000 dollars.
The sailboat owner had run an ad asking for $35,000 dollars.
What puzzled me, the boat did not have any special equipment,
or expensive additions. She was basic in every way.
What does the NADA value mean? I am confused.