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Are NADA Values accurate ?

6320 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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Short answer - no.

Values will vary depending on local supply and demand, boat condition, and many other variables.

I would suggest you look around at other ads, especially online (places like yachtworld); put together your own spreadsheet, noting age and condition. With a small amount of analysis it will give you an indicator of typical asking prices.

Selling prices tend to be very localised, and vary year on year - and on the eagerness of the seller. A quick call to local brokers will give you some idea of common negotiated sale prices, or a friendly surveyor can look at actual sale prices.

The more research you do, the more you'll get a feel for the "right" price for a particular boat.

Good luck!
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