Boat NADA Performance Declines in November – Excellent Values for Buyers
Manheim Specialty has a strong focus on booking out all 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. For reference, we track our Boat performance against the Used Trade-In NADA value.
Here are a few key points about Boat NADA performance:
In November 2011, Boats sold at Manheim Specialty locations averaged 85% of NADA
- This is down three points from the average of 88% of NADA achieved for Boats in October 2011
For comparison purposes:
- In November 2010, Boats sold at Manheim Specialty locations averaged 98% of NADA
- In November 2009, Boats sold at Manheim Specialty locations averaged 99% of NADA
The graph below shows the Boat NADA performance trends starting in January 2009 through November 2011. The end of the year is a great time for buyers to pick up some good deals at auction.
Boat NADA Performance - Manheim Specialty Branded Locations
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Kelly Miller is the Director of Business Analytics at Manheim Specialty.