Like to hear thoughts on the accuracy of boat valuation guides. There seems to be wide variation between NADA, BUC and soldboat.com.
I know brokers often prefer the higher evaluations in soldboat and BUC but I have also been told that brokers do not report all sales perhaps excluding the low sales. If NADA is used by banks and insurance companies there must also be some crediabilty for them.
State sales tax records would seem to be more accurate of actual selling prices but I know of no such data source.
Whoever said the boat market is inefficient hit the nail on the head.