NADA website motor retail value

[Nandy]

Im not sure if this belongs here, but there is not general questions forum for motors.

I have been using the NADA site to check weigths but their retail value for motors seem a bit off. I mean, and 1987 suzuki 85 hp motor $215 retail value? I doubt that.

Anyone knows a place that can be used to price motors?

Thanks!

 

[tashasdaddy]

Re: NADA website motor retail value

there really isn't one, watch ebay, craigs list. season, part of the country, a popular motor over and unpopular, 35's 40's usually sell for less than they should as they are in an unusual catagory, too big for some boats, too small for others. moving this to outboard motors-non repair.

 

[Solittle]

Re: NADA website motor retail value

Outboard prices are usually a function of location, season, desirability of the particular engine and of course condition.

 

[Scaaty]

Re: NADA website motor retail value

Nada means NADA when it comes to boat motors...

 

[BillP]

Re: NADA website motor retail value

When dealing with dealers and banks here in Florida nine out of ten will pull out a NADA book and use it for pricing...that says a lot about credibility of NADA to me. I use NADA to buy or sell depending on whether it helps or hurts me. With that said, NADA's values are based on what NADA members (dealers, banks, brokers, etc) report from actual sales, not hearsay...it's more accurate than asking JimmyJackBubba the backyard hack but I doubt many 1987 motors are sold by dealers so it leaves a gap between book values and private sale values. Private sellers are almost always going to try to get more and will tell you NADA is bogus. Where I live a 1987 85 Suzuki is worth about what NADA says and it might take a long wait to sell it. Those vintage Suzukis were so prone to massive corrosion in saltwater nobody wants them here. That's why NADA has different values for different locations.

bp

 

[JB]

Re: NADA website motor retail value

Well, Bill, you will need to convince me that NADA does not use a straight-line depreciation formula to "price" used outboards. Dealers may use those prices to make trade-in offers, but I really doubt that they would sell them for that. You sure won't get them for NADA prices on eBay.

 

[TOHATSU GURU]

Re: NADA website motor retail value

We always used the Blue book or NADA guide as a quick "gotta have some number even if its worthless" way for BS trade in values. Our formula was that an engine was worth half of whatever the guide said it was. But as for them being accurate...No way. I have never heard of any dealer ever contributiing any data to the publishers. I'm not saying that some dealer somewhere hasn't. Just that no dealer has ever bragged to me about how valuable their opinion is.

 

[BillP]

Re: NADA website motor retail value

Anyone can ask NADA how they do depreciation and reporting...and ask major lending institutions (forget mom and pop types) what book they use and if they report. Whatever, I've read a lot of info posted about NADA and much conflicts with what I've experienced (last count over 50 boats bought/sold). I voiced the negatives to NADA in an email a couple yrs ago. They said values are done though reports by subscribing members. It's done no different than NADA car values. KBB and BUC do it the same way. Take it or leave it, buy and sell at whatever price makes you feel warm and fuzzy...regardless of reflection on documented sales prices. Like I posted earlier, in my area NADA is leaned on heavily for values by the leading dealers and banks.

Ebay is a crap shoot for buying used motors.

bp

 

[Barnacle_Bill]

Re: NADA website motor retail value

Outboard prices are usually a function of location, season, desirability of the particular engine and of course condition.

Very true. A 9.9 will go for more than a 25-50HP around here simply because there a a lot of lakes around that are limited to 9.9 or 12HP. I never have figured out where they got the 12HP from as I haven't seen too many lately.

 

[JB]

Re: NADA website motor retail value

"by subscribing members"

Okay. I can buy that, but no way would I sell any of my outboards for even double what they quote.

 

[kenmyfam]

Re: NADA website motor retail value

"by subscribing members"

Okay. I can buy that, but no way would I sell any of my outboards for even double what they quote.

I will second that statement. The good running "devil you know" is priceless !!!!!

 

[Nandy]

Re: NADA website motor retail value

so, y'all think that price nada quoted for the suzuky is way low or high for YOUR area? What will y'all think is the right prize? Inquirring minds wants to know...

Thanks!

 

[TOHATSU GURU]

Re: NADA website motor retail value

On that engine they are low. In good running condition the engine will bring $600 to $800.00. On an engine that is two years old they overvalue what they are worth.

 

[freddyray21]

Re: NADA website motor retail value

motor prices (boats too are regional) I have seen many identical motors sell on Ebay for 100's of dollars difference due to region. Basically if somebody in your area wants it it will sell for more than someone away from you that has to pay for shipping.