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#11841361 - 09/21/16 02:03 PM Trade in process
ABit Offline

Registered: 10/24/15
Posts: 125
Loc: Corpus Christi, TX
Is anyone familiar with the trade-in process when buying a new boat? Is it similar to trading in a car? What are values based on?
2012 Nitro Z8 - Mercury 200
Everything I know about fishing I learned from TFF.

#11841455 - 09/21/16 03:09 PM Re: Trade in process [Re: ABit]
ssmith Offline
TFF Team Angler

Registered: 11/22/07
Posts: 3196
Loc: scotland tx
same deal they will generally give you less than you want for it. the big difference is you don't have to go thru a bunch of drama to sell it.

#11841475 - 09/21/16 03:18 PM Re: Trade in process [Re: ABit]
Bob Landry Online   content
Extreme Angler

Registered: 08/10/11
Posts: 2723
Loc: Austin, Tx
The values are as low as the dealer thinks he can get it for. NADA is a good place to start. Be realistic. No one cares if it was your Dad's boat or it has been in the family for years with countless fishing trips, memories, etc. Any knowledgeable private buyer is going to want an independent inspection from an independent shop along with a compression test and inspection on the motor.
2015 Seaark 1872 MV CC Etec-90
Two Helix 12 CHIRP SI's, , MinnKota Riptide ST80/i-pilot Link, Bob's Hydraulic
2018 Robalo R180 CC, Yamaha 115

Bitter Gun Owner
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#11843088 - 09/22/16 10:56 AM Re: Trade in process [Re: ABit]
Pat Goff Offline
TFF Celebrity

Registered: 01/29/05
Posts: 5678
Loc: Marble Falls/Seadrift
I took a lot of boats in trade. The NADA was the basic guide that gave you a baseline price to work from. From there it was all about the condition of the boat/motor/accessories. If it was an exceptionally well taken care of boat, that was ready for the water, a well known brand (desirable) with a known good motor, then it would get extra value added.

Ripped seats, faded gelcoat, worn out carpet, and especially dings, cracks and scrapes would get the cost of repair deducted from the value.

I would NEVER take a trade on:
FICHT motors.
Anything that said "Travis Edition"
Suzuki two stroke motors.

There you go. Trade in basics.
Pat Goff
Marble Falls/Seadrift TX

#11845633 - 09/23/16 06:30 PM Re: Trade in process [Re: ABit]
ABit Offline

Registered: 10/24/15
Posts: 125
Loc: Corpus Christi, TX
Luckily, I am self made so I don't have any family hand me downs. No emotional attachments to anything I own.

Thanks for the info!
2012 Nitro Z8 - Mercury 200
Everything I know about fishing I learned from TFF.

#11857971 - 09/30/16 06:51 PM Re: Trade in process [Re: ABit]
Chris G. Davis Offline

Registered: 09/14/09
Posts: 415
Loc: Alvarado Texas!
Most dealers Base line is 70 to 80 % of nada LOW retail. Then deduct everything wrong with the boat. Any cosmetic issues hurt the price even worse.
Lakeside Marine Specialties

Serving the South DFW Area
Marine Sales, Service and Custom Rigging
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