vectorfins
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What is the book value of my 2019 r23 approx. 400 hours -no auto pilot.
r23 Value
- Thread starter vectorfins
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glider4
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If I may ask what’s the purpose of knowing current value? Selling? Insurance? Divorce? You may get different valuation numbers based on the purpose of the value estimate.
Book value is universally low compared to what boats like ours actually sell for. NADA Guides says the average asking price for a stock no extras 2019 R-23 is $115,000 with low retail at $78,500 and average sale price at $90,000.
If you go to Yachtworld the two 2019 R-23 at brokerages are both asking $129,000. Quite a big difference compared to the NADA Guide numbers.
Your boat is worth what someone is willing to pay for it. Condition and maintenance records are also big factors in a selling price. If you are selling I’d recommend speaking with a couple of brokers and get their opinions. Or you could get a professional marine survey from a well respected surveyor to determine any issues needing to be addressed and provide an estimate of market value.
Good luck!
Book value is universally low compared to what boats like ours actually sell for. NADA Guides says the average asking price for a stock no extras 2019 R-23 is $115,000 with low retail at $78,500 and average sale price at $90,000.
If you go to Yachtworld the two 2019 R-23 at brokerages are both asking $129,000. Quite a big difference compared to the NADA Guide numbers.
Your boat is worth what someone is willing to pay for it. Condition and maintenance records are also big factors in a selling price. If you are selling I’d recommend speaking with a couple of brokers and get their opinions. Or you could get a professional marine survey from a well respected surveyor to determine any issues needing to be addressed and provide an estimate of market value.
Good luck!
vectorfins
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Buying out my partner
glider4
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Oh, a divorce then. Been through that with airplane partnerships.
The Yachtworld 2019 R-23s are with brokers. So even if they got full price they would net about $116,000 after brokers fees. So between NADA Guides $90,000 average sales price and the net of selling with a broker (assuming a sale at full asking price) of $116,000 you have a difference of $26,000 to figure out.
If it were me I’d get a marine survey or a couple of brokers to give you an estimate to close that gap.
The Yachtworld 2019 R-23s are with brokers. So even if they got full price they would net about $116,000 after brokers fees. So between NADA Guides $90,000 average sales price and the net of selling with a broker (assuming a sale at full asking price) of $116,000 you have a difference of $26,000 to figure out.
If it were me I’d get a marine survey or a couple of brokers to give you an estimate to close that gap.