How to Get Blue Book Prices for Boats

by Contributor

If you are interested in buying or selling a boat, you will want to get the blue book prices for boats.

Unlike cars which have blue book prices that are easy to determine, blue book prices for boats are more complicated to figure out.

Follow the steps below to find out how to get accurate blue book value for used and new boats.

Understand that boat prices vary greatly based on different factors. These factors include your location, the time of year and the condition of the boat. During economic recessions, boats are considered luxury items, so this will also affect their prices.

Check out NadaGuides (see resources below). NadaGuides for boats is similar in intent to the Kelley Blue Book or NadaGuides for cars, but its boat blue book prices are said to not be totally accurate. This is a good start though for finding the estimated value of a new or used boat.

Visit online boat auction websites and boat sale websites. eBay is a good strat, but there are many other websites that feature boats for sale such as, BoatTrader and iboats. Although these websites are not actual blue books, you can get approximate blue book prices for boats by researching the prices of boats listed. Search for boats by manufacturer and by location. Look up as many sites as you can - the more data you have, the more accurate your blue book value approximation for the boats will be.

Look up local boat for sale ads in your area. Go to the local marina and search the posters for boats for sale. Read local newspapers and see what boats are listed for sale. Remember that location and time of year are key factors in the value of a boat, so searching for local data that is timely is very important in getting the blue book value of boats.

Hire a boat appraiser to appraise the boat you are looking into. An appraiser will look at all the different criteria including manufacturer, size of the boat, age of the boat, condition of the boat, etc. A boat appraisal is the most accurate way to get the value of a boat. If you are serious about buying a boat or selling a boat, this is the best way to go.

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