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The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
Bankrate’s take:Utility bills, credit card statements and lease agreements all serve as proof of residence.Copies of your tax returns, W-2s, 1099s and bank statements can be used as proof of income.
Like new cars, new boats lose value quickly, which makes used boats less attractive for lenders. It may be more difficult to finance an older boat, unless you choose an unsecured loan.
This rise meant higher costs. The average cost of a new boat was $42,000 with $10,000 being the average used boat price. katleho Seisa/istockphoto. Hidden Costs.
There is some merit in this appraisal, except that, while all four of the boats have roughly the same total displacement (about 1,800 to 2,300 pounds), the Windrose and Balboa have considerably more ballast and less structural materials. Best features: These were boats built for economy; used boat prices are lower than average.
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