Have you seen the silly values NADA assigns to your boats?

From what I understand, banks issue a loan amount based on a % of the NADA "average value" (ex. 90% loan to value).

Using that logic, a 2010 Nacra Infusion Mk II is valued at $12,000 (I couldn't find an AHPC or Falcon). A 2006 Hobie Tiger is $7,100

those values seem a little low, don't they?

It gets worse as the boat gets bigger...