Boatmax AI Valuation Tool

Boatmax can help you know the actual value of your boat. Boatmax’s tool is exclusive and extensive.. Our proprietary tool is powered by research through Ai, and data research by a certified broker and certified marine surveyor. Using the information you provide us with about the boat, we will provide you with a meaningful and accurate value. 

Why is this so important to know and understand the value of your boat? This information can help you make sure you have the right insurance coverage. 

Or should you decide to sell or trade your boat, understanding its current market value would help you list the boat at a price that’s right. The boat market can fluctuate, so understanding the value helps you price it appropriately based on age, condition and demand. 

If you need a loan to buy a boat, understanding the boat’s value is crucial for negotiating better financing terms. 

Boats depreciate over time. Keeping track of depreciation helps you understand when it’s time to invest in the maintenance or upgrades or upgrade to a newer model. Knowing your boat’s value will help you prioritize repairs and improvements or you may opt to hold off on expensive upgrades if you plan to sell the boat in the near future. 

Lastly, should be donating the boat or passing it on to someone in family or an estate, knowing the value is important. 

After completing the forms, you will receive an extensive and detailed valuation of the boat. Because the valuation will be signed by a SAMS surveyor, you will be able to use this with your insurance company and your bank.    

•    Boats up to $50,000’: $199
•    Boats over $50,000 – $100,000: $299
•    Boats over $100,000-$250,000: $399
•    Boats over $250,000 – POR

Disclaimer: We will review all information provided by the buyer and/or seller and undertake a review of the condition and value of the vessel. This review is not a formal marine survey and any errors or omissions are not the responsibility of Boatvest.