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Are NADA Values accurate ?

6317 Views 21 Replies 15 Participants Last post by  jephotog
I'm wondering if NADA values are accurate,the reason I ask is that I'm going to look at a 1974 Catalina 22 swing keel on Sunday,the guy says its in great shape for the age of the boat.I looked it up and its dead on pricewise,but then I looked at a newer boat and it was 2000 under the NADA.Being a total newbie at this I'd hate to overpay.
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When I was selling my previous boat (25+ years old), I found that both NADA and BucValu overestimated the price. I agree with the previous comment that they seem to use a depreciation formula rather than real sales data to generate their numbers. This may be fine for cars that are only a few years old but doesn't work at all on old boats.
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