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 What is the boat worth
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Dick Johnson
1st Mate

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USA
40 Posts

Initially Posted - 02/21/2004 :  18:49:34  Show Profile
I just received my tax notice for a boat in North Carolina. They have my 87 C-25 Swing Keel valued at $11,300. Could this be correct? Is there a book out there that tells the value?

"Lagniappe"

Richard Johnson

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dlucier
Master Marine Consultant

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Virgin Islands (United Kingdom)
7583 Posts

Response Posted - 02/21/2004 :  19:08:24  Show Profile
Richard,

Try this link to [url="http://www3.nadaguides.com/SectionHome/Marine.asp?UserID=54080DD58514D&DID=38038&ColorId=&wSec=4&wPg=1172"]Nada Guides for Boats[/url].

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John G-
Admiral

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793 Posts

Response Posted - 02/21/2004 :  19:22:28  Show Profile  Visit John G-'s Homepage
<font size="2"> <font face="Comic Sans MS">
That seems high but as an owner I love to hear that C25’s are going for high prices. One of the goals of this association is to keep our boats value up. All of us or our heirs will have to sell the boats someday.
Not soon I hope.
</font id="size2"> </font id="Comic Sans MS">

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pwhallon
Admiral

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USA
694 Posts

Response Posted - 02/21/2004 :  20:32:07  Show Profile

<font size="4">try bucvalu.com as well.</font id="size4">

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svmoxie
Past Commodore

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USA
331 Posts

Response Posted - 02/21/2004 :  22:31:13  Show Profile  Visit svmoxie's Homepage
Hi Buddy,

Mine was appraised here in Forsyth at 10,500. I sent in documentation, copies of BucNet, NADA and Boat Trader ads from this region and they reduced it to 8,080.00 based on what I sent in. Give them a call and tell them that you want to have the assessment reviewed.

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ClamBeach
Master Marine Consultant

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3072 Posts

Response Posted - 02/21/2004 :  23:44:39  Show Profile
Dunno about NC, but West Coast value for a swinger is from $6K to $8K... maybe $9/10 for a bristol example (including trailer).

Does that valuation include the trailer? (In Calif, the boat trailer is not included in the property valuation as it is taxed seperately (as a motor vehicle).

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