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-   -   does anyone use nada (http://www.wakeworld.com/forum/showthread.php?t=793711)

06-03-2012 6:44 PM

does anyone use nada
does anyone use nada what do you guys think about it

mhunter 06-03-2012 7:34 PM

Banks use it to check value before giving a loan.

magicr 06-04-2012 12:34 AM

NADA in my experience has not been a good source for what a boat should sell for or for what your boat is worth.

tuneman 06-04-2012 7:37 AM

Most banks use it, as do boat dealers. So, I would think it's a good source. Just sayin...

polarbill 06-04-2012 8:44 AM

Nada is worthless in my opinion for finding real worl values for a particular boat. Nada can however be used to your advantage sometimes. As a buyer you can use it to your advantage. If nada overstates the value it should be easier to get a loan ot even get a no money down loan if it is overvalued too much. On the other hand if nada undercalues the boat you can use that to help negotiate a lower price. As a seller you can justify a high price sometimes if nada value warrants.

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