Boat Auction Sales Experience Strong NADA Performance in First Quarter of 2010
In previous blogs, I have mentioned Manheim Specialty's focus on 
booking out all of the Specialty units (RVs, Boats, Motorcycles, PowerSports) we offer for sale with NADA values. This allows us to track our Specialty locations performance against NADA, understand current market conditions, and look for trends in performance from year to year.
Here are a few key points about our Manheim Specialty NADA performance for Boats in the first quarter of 2010. For reference, we track our Boat performance against the Used Trade-In NADA value.
- On average, Boats sold at Manheim Specialty locations in Q1
2010 achieved 108% of NADA
- March 2010 saw sale prices rise extremely high to 120% of NADA
- Q1 2010 NADA performance (108%) was higher than Q1 2009 NADA performance (100%)
Are you interested in receiving our monthly market report for Boats? The market report shows unit information, NADA value and auction sale price for recent Manheim sales. Email us at specialtyauctions@manheim.com to request to be included on the Boat market report mailing list.
Kelly Miller is the Business Manager at Manheim Specialty and Heavy Truck & Equipment