Valuation Adjustments

Option(s)

Generally, the addition of relatively low cost optional accessories to a boat does not tend to increase its value on the used market by any substantial amount.  There is, of course, some inherent value in accessories, particularly in the larger boats and boats that are only one or two years old.

If a boat is “loaded” with optional equipment and accessories, the prices will tend to appreciate.  However, use caution in this area and don’t over-allow for this low cost optional equipment.  A potential buyer may not consider the options nearly as valuable as the previous owner.

The online valuation system provides a list of pre-valued options to choose from as well as the ability to add additional options / accessories that are currently unvalued by the online system.

Trailer

Trailers are often included in a boat package and they are so noted in the model description. When they are not included you can choose from the thousands of brand specific entries or choose from the Average Trailers dropdown. The Average Trailers is just that, an average of many brands and sorted by length.

Engine Upgrade

Horsepower costs, but how much additional a more powerful engine is worth in a particular boat depends on the person buying it. If a boat powered by a V6 will easily pop up a skier or pull to 40 MPH effortlessly, then how much more would a V8 be worth in the same boat? That same boat with a 4-cylinder engine that struggles to plane with a load and disappoints on top end would be an easier sell with a V6 or V8, but how much more would it bring?

The Engine Upgrade tab at the valuation page provides the most common upgrade offerings. These prices are based on an average of what many different manufacturers charged for increased engine horsepower offerings. When using this Engine Upgrade button, keep in mind that not all builders charge the same amount for horsepower increases. Often times, the charge for higher horsepower includes extra cost options as part of the horsepower package. Another reason for the difference builders charge for higher horsepower is that a builder may choose to position a boat/HP combination in the marketplace at a certain price point. The builder offers a discount on a smaller, less popular engine, then charges more than the industry average for the larger, more popular engine choice. When this happens, it skews the average charged for additional horsepower.

Although boat builders pay approximately the same for their stern drive units, they may use their discretion when pricing those units for sale. Their independent decisions regarding HP up charges make the Engine Upcharge values a guide only as they may not hold true for all cases.

When appraising a boat with an engine horsepower size different from the size listed in this Blue Book Online application, first refer to the appropriate model year and find the boat listing with the engine horsepower closest to, but not more than, the boat being appraised. Click on the Engine Upgrade button and find the appropriate engine horsepower. The additional cost will be added to the boat appraisal.

Again, this price is only an average and may not reflect what someone is willing to pay for a boat with a more powerful engine. To someone with a disappointingly underpowered boat, a power plant adequate to perform at a level of expectation can be worth many times the original upgrade cost.

Outboard Motor(s)

Outboard motors are often included in a boat package and they are so noted in the model description. When they are not included you can choose from the thousands of brand specific entries or choose from the Average Motors dropdown. The Average Motors is just that, an average of many brands and sorted by horsepower. When the motor is already included in the price find the MSRP difference in price from what size motor is included and the motor installed. Add this price to the options line and the difference will be calculated for you.

Condition Adjustment

The published values represent what the Blue Book staff considers to be the replacement cost for a good clean unit. Adjustments should be made for units in better or worse condition than the published values. The condition adjustment button will provide you with some guidelines we feel are appropriate for the various condition categories. NOTE: New non-current boats should be rated in the Excellent category.