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MakoMike,
I here what you are saying. I just find it very frustrating in both the used and new market. And feel boats 'should' follow depriciation like cars.
What good is having a resource like Buc Values and NADA if no one pays attention to what it lists a boat as?
If someone was to pay 40,000 for a boat that buc listed as having a value of 15,000. And you were to get insurance for it and it sinks and deemed totalled. What is the check going to be? 15000? This is the whole point of buc values isn't it? To find the value of something so the insurance companies and people don't take a beating.
Maybe I don't quite understand the entire picture. But still I think the majority of people pay too much....and I'll admit I paid more that the book for my Nauset.
Jon
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