Posted on May 30, 2010.
All guides similar to NADA guide? Hello,
I need some info on the residual value of personal watercraft, snowmobiles. I looked in Kelley Blue Book, Canadian Black Book, and ALG. These values companeis only available for motor vehicles.
In addition to the NADA guide, are there other companies that offer residual values for this type of recreational vehicles (snowmobiles, personal watercraft)?
Thank you ahead!
The reason of such guides exist for cars is to provide a robust market or buying and selling used and examples of the new rental.
When it comes to other elements that come in more varieties of both individual and for which there is much less use the standard market model, not to mention the absence of a leasing industry wide it is simply not the same kind of need to build that type of data because there is a limited audience willing to pay for its consumption.
If a market exists, but the shadow is engaged in leasing specialized for these items, they may compile their own information based on available information sources other items for sale or they base their lending and assessment calculations on factors related to the economy of loans rather than the point obtained as collateral.
To obtain an accurate estimate, your best source will be the different elements offered for sale at any time by building your own consensus classified, auctions and other sources announced. If you just want to cut down the line and see a company whose whole life depends on knowing the exact value of a wide selection of items, talk to a broker sign of good faith.
Good luck. I hope this helps.