I'm hoping I can get some guidance on the purchase of a boat. This is my 1st and I have been dealing directly with the brokerage that owns the boat as part of a trade. The boat is several years old and was previously in a mid sized charter firms fleet. So, it has the wear that comes with being in charter. My question is the value I should attribute to the NADA valuations as part of my offer. I plan on having the boat hauled and surveyed of course and expect my offer to be made as a result of the survey.

Thank you,

Ken

Ken,

You can look up boat valations on Buc.net (not NADA). Have a survey done (never even consider buying without one!). The surveyor will give his opinion (usually based on Buc and his adjustments) of value.

I would take the buck value based upon the realistic condition and offer less.

Curtis