......however the book values are
still useful for Ballparking various models before you actually go out and
look for one.
True, but it leaves you in a very large ballpark. I'm of the opinion that a
more realistic estimation of the market for a particular type of boat can
only be had by doing your own sampling, even if initially it's only a few
months of published ads and online sites.
The "books" cannot work nearly as well in the boat world as they do in the
automotive world, because the sampling is too small for any particular type
of vessel, and the nature of the purchase (usually large) is such that the
market simply does not respond as quickly. Even in the auto world, after
NADA releases the numbers for this month, if Ford (for example) starts
aggressively leasing Explorers, it will immediately depress the used
Explorer market, and will cause smart dealers to anticipate a weakness in
the used Explorer market two years from now. The book is a ballpark at best
for autos, and even less reliable for boats.
$0.02.......
Regards,
John Gaquin
m/v Brefnie Queen, 32' Luhrs
blocked and wrapped @
Bass River Marina, West Dennis, MA
From: "Jim Alexander" <jalexander127@home.com>
>
> ......however the book values are
> still useful for Ballparking various models before you actually go out and
> look for one.
True, but it leaves you in a very large ballpark. I'm of the opinion that a
more realistic estimation of the market for a particular type of boat can
only be had by doing your own sampling, even if initially it's only a few
months of published ads and online sites.
The "books" cannot work nearly as well in the boat world as they do in the
automotive world, because the sampling is too small for any particular type
of vessel, and the nature of the purchase (usually large) is such that the
market simply does not respond as quickly. Even in the auto world, after
NADA releases the numbers for this month, if Ford (for example) starts
aggressively leasing Explorers, it will immediately depress the used
Explorer market, and will cause smart dealers to anticipate a weakness in
the used Explorer market two years from now. The book is a ballpark at best
for autos, and even less reliable for boats.
$0.02.......
Regards,
John Gaquin
m/v Brefnie Queen, 32' Luhrs
blocked and wrapped @
Bass River Marina, West Dennis, MA
