How to Evaluate Engine Value for Boat Motors
Boat motors are often the most expensive part of a boat. Many boat owners may be interested in trading, selling or buying a new motor for their boat. To find the boat motor value you may follow a basic formula. You may also consult the NADA Guides published annually much like they do for cars, trucks and other transports.
Determining Value
- Determine the make, model, size and year of the motor. For example, Johnson 85 horsepower 1985. If you are uncertain look for the model number and serial number tag on the side of your motor. You may use the information on the tag by going to the manufacturer’s website. Most manufacturer websites will have tips on how to decode this information. For example J85MXCO means Johnson 85 horse power with a manual tile electric start, twenty five inch shaft made in 1985.
- Research all of your maintenance records for the engine and determine how many major overhauls have been done. Past and present issues will decrease the value along with age and use.
- Enter all the information into the NADA motor value website or match the information to a hard copy of the guide. Locate the condition of the engine in the corresponding information field. For example, the previously mentioned Johnson 85 HP manufactured in 1985 reflects a low retail value of $35 with an average retail value of $40. Utilize these values for your engine to determine value for sales, trade or purchase.
- Once you have determined the value of your motor using the methods above, it is also a good idea to compare pricing with other motors for sale with the same specifications as yours. Always remember the economy and time of year will effect pricing for any seasonal use item.