29 Fountain Worth?
10-08-2010, 08:30 AM
#21
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NADA is way off the market with all of their their boat pricing. Unless like you say it's just a small, low value, rec/fish boat. If you can find me a mint performance boat for NADA I will go buy it for CASH now because there would deffinately be profit to be made.
Also, find me a better deal on a mint Fountain like mine and maybe I will have my foot in my mouth. I don't think you'll find one though.
10-08-2010, 09:05 AM
#22
OSO OG
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I don't really understand your post, but....
I'm just telling you the numbers. I had a problem with NADA about 10 years ago that cost me a sale on a $500,000 boat. I threatened to sue them. We settled and they put me on the pricing advisory board. Yes, the numbers are BS, but the banks use those numbers for financing. The banks are using more "street" numbers for perf boats.
I'm just telling you the numbers. I had a problem with NADA about 10 years ago that cost me a sale on a $500,000 boat. I threatened to sue them. We settled and they put me on the pricing advisory board. Yes, the numbers are BS, but the banks use those numbers for financing. The banks are using more "street" numbers for perf boats.
10-08-2010, 02:22 PM
#24
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"The banks are using more "street" numbers for perf boats."
I have never heard of anything like this ever. Where does the bank get street #s from??
Good luck to you guys selling, I'll say again, the numbers I saw being posted as a values are low. Hopefully someone will recognize the value of your boat and be able to afford it, and make the purchase
I have never heard of anything like this ever. Where does the bank get street #s from??
Good luck to you guys selling, I'll say again, the numbers I saw being posted as a values are low. Hopefully someone will recognize the value of your boat and be able to afford it, and make the purchase
10-09-2010, 04:37 PM
#26
OSO OG
Gold Member
"The banks are using more "street" numbers for perf boats."
I have never heard of anything like this ever. Where does the bank get street #s from??
Good luck to you guys selling, I'll say again, the numbers I saw being posted as a values are low. Hopefully someone will recognize the value of your boat and be able to afford it, and make the purchase
I have never heard of anything like this ever. Where does the bank get street #s from??
Good luck to you guys selling, I'll say again, the numbers I saw being posted as a values are low. Hopefully someone will recognize the value of your boat and be able to afford it, and make the purchase
10-09-2010, 06:29 PM
#27
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From dealers, brokers, wholesalers and other people who are dealing with them "hands-on". The lenders have taken such a beating that after the years of inflated boats, deals, repo's missing power, identity theft, etc etc you think they are opening a book for numbers when someone wants a loan on a perf boat? The answer is NO. Like it or not.
Hope the market rebounds for us toy guys if not so be it
10-11-2010, 08:37 AM
#28
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From dealers, brokers, wholesalers and other people who are dealing with them "hands-on". The lenders have taken such a beating that after the years of inflated boats, deals, repo's missing power, identity theft, etc etc you think they are opening a book for numbers when someone wants a loan on a perf boat? The answer is NO. Like it or not.
10-11-2010, 08:56 AM
#29
OSO OG
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I think its more likley than not a bank/lender will open a book, vs the street value approach. Thats my opinion and it differs from yours. And I have no data to prove that, and maybe that happens where you are from, and the price and value of the boats, but that definately has not been my or my friends experience. I'm not hear to argue, and the topic of this thread is 29 Fountain value, and I know of several that have been bought and sold for quite a bit more than 25k. My .02
