Join Date: Feb 2000
Location: Annapolis, Md
Thanked 195 Times in 159 Posts
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To begin with, NADA values represent an average of the prices reported by brokers for a particular model. The price typically includes sales tax. commissions and any other items that was sold through the brokerage yard. The number is based on sails prices for the year before publication so in changeable times tends to be pretty inaccurate and tend to be totally useless for private deals. It is also not very accurate for boats which have sold in limited numbers.
By the same token, Soldboats has similar problems, in terms of limited value for boats sold in small numbers or older boats where equipment and condition can vary very widely and of course includes a variety of factors such as whether taxes, survey and fees are included as well.
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Curmudgeon at Large- and rhinestone in the rough, sailing my Farr 11.6 on the Chesapeake Bay