valuations of things boaty

D

DuckDogTitus

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C Dory Year
1988
C Dory Model
22 Cruiser
Hull Identification Number
DOR22332K788
Vessel Name
C-Miner
How does one find the value of the things that make their boat "go"? My insurance person is asking me the value of the motors. NADA gives me an approx on the boat, but not the motors or trailer... any tips?
 
I used an agreed value...and showed our "boats for sale" listings as the NADA values are not anywhere close to accurate. NADA is done with a new price and after that a percentage of devaluation developed by average of all used boats....

Joel
SEA3PO
 
Thanks Joel, I know Ron just sold Beagle here locally and its very similar in age and motors/trailer, so I sent that listing to my agent.

thanks!
 
already did and specifically included the most similar boats for simplicity's sake, thanks ;)
 
How does one find the value of the things that make their boat "go"?
Click to expand...
I think it's relative to where you're sitting at the time of assessment. For instance, if I'm sitting in my boat while on the trailer parked in my driveway, the motor is worth a few $K. However, if I'm 20 miles off shore and there appear to be angry dark clouds on the horizon, that motor's worth just appreciated exponentially. 8)
 
C-Dawg":15z37sdk said:
How does one find the value of the things that make their boat "go"?
Click to expand...
I think it's relative to where you're sitting at the time of assessment. For instance, if I'm sitting in my boat while on the trailer parked in my driveway, the motor is worth a few $K. However, if I'm 20 miles off shore and there appear to be angry dark clouds on the horizon, that motor's worth just appreciated exponentially. 8)
Click to expand...

I find the value skyrockets in the dead of winter when I'm stuck behind my desk with no window for 4-6 months straight as well. :beer
 
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