Value 90HP Yamaha?

[Crunchy]

Guys

For insurance purposes, what would the value of a 90HP 2-stroke yamaha "2007" with 175 hrs on the clock be? (Very good condition)...90A I think

Cheers!

[No Fear]

I'm no valuer but someone once said to me about $100 per horse power - so about $9k i'd reckon.

I'd be interested to see what everyone else's comments are actually

[Crunchy]

Cheers NF, I came up with $8K..that's what I ran with anyway

[Steeler]

Hi Crunchy

If it were a Merc/Mariner you could work on $200.00 per horse !!!!!!!!!!.

Seriously though i wreckon your method would be about right.

Cheers

Steve

[Chamelion]

So whilst everyone is here... What would a 1995 Yamaha 50hp 2stroke 3cyl with 155 hours on the clock and forward steer/control box be worth? She's in good nick, the skeg just needs a clean up with a grinder.

[cormorant]

Insure it for it's new replacement value. I have been nearly burnt by insurers allocating value to seperate parts of boat. I now keep value at replacement including installation , battery, full guages etc. They can't then say I was underinsured.

Ask the insurer how they value their motors on a claim and ask them for their marke assessmant as they have a red book.

[bennyboy]

Insure it for it's new replacement value. I have been nearly burnt by insurers allocating value to seperate parts of boat. I now keep value at replacement including installation , battery, full guages etc. They can't then say I was underinsured.

Ask the insurer how they value their motors on a claim and ask them for their marke assessmant as they have a red book.

There is no such thing as a "red book" for outboard motors or boats for that matter. Even if you insure the motor for the replacement value you will only get paid out what the market value of the motor is. The insurance companies usually work this out by calling 3 dealers and asking their opinion on what the motor is worth. Even if you get agreed value you will generally have to get a dealer to complete an agreed value form and the dealer can only put what the market value of the motor/boat is.

A good way to work out a rough value is if a motor sells for $9000 after 1 year take off 15% and then 10% for each year after that. So a 5 year old motor $9000 - 15% - 10% - 10% - 10% - 10% = $5019 a good nick low hours motor might sell for a bit more, or poor condition for less. Of course a 2 stroke motor will sell for less as just about everyone is wanting the big motors in 4 stroke. Certain brands will also sell for less than others. This is the selling value of a motor, if you are trading it in the dealer will have to allow for a margin so your $5000 selling motor might be worth $4500 as a trade in.

[BM]

Glass's actually produce a Marine Guide just like their automotive guide.

Cheers

[bennyboy]

Glass's guide is so inaccurate that no one uses it

[BM]

I know of a pool of assessors who use it and they do work on behalf of a large marine insurer, but I don't think it would be all they use. I know they also cross check values with others in the know.

I get regular phone calls from one assessing mob for valuations on various items.

Cheers

[stinky-stabi]

they only cost 9400 brand new fitted with all cables ..........
so i dear say your motor is worth no way near 9000.....sorry too say:o

[Pureblonde83]

Hey Hey All,

I have a question about outboards. I am looking to buy a new outboard for my boat.
I need a 25hp and have been looking at the new E-tec. I was wanting to know if anyone had any ideas on buying an e-tec over a standard 25hp 2-stroke?

Cheers,
Bec

[whatscracken]

Just read of few of the E-tec threads blonde before you buy, I don't think you can go past a Yamaha IMHO

[Crunchy]

they only cost 9400 brand new fitted with all cables ..........
so i dear say your motor is worth no way near 9000.....sorry too say:o
I came up with $8K...prolly a little on the high side but close enough

[Noelm]

Blondie, I would reckon you would be better off to put on a hard hat and some protective clothing and start another thread asking about the Etec, but be warned, you will be bombarded with "buy a Yamaha" "buy a 4 stroke" then it will degrade into a sh!t fight that will last for about 6 pages!

[cormorant]

There is no such thing as a "red book" for outboard motors or boats for that matter. Even if you insure the motor for the replacement value you will only get paid out what the market value of the motor is. The insurance companies usually work this out by calling 3 dealers and asking their opinion on what the motor is worth. Even if you get agreed value you will generally have to get a dealer to complete an agreed value form and the dealer can only put what the market value of the motor/boat is.

A good way to work out a rough value is if a motor sells for $9000 after 1 year take off 15% and then 10% for each year after that. So a 5 year old motor $9000 - 15% - 10% - 10% - 10% - 10% = $5019 a good nick low hours motor might sell for a bit more, or poor condition for less. Of course a 2 stroke motor will sell for less as just about everyone is wanting the big motors in 4 stroke. Certain brands will also sell for less than others. This is the selling value of a motor, if you are trading it in the dealer will have to allow for a margin so your $5000 selling motor might be worth $4500 as a trade in.


So there is a book!!!

There are USA red books and quality surveys that with a larger market are a little more accurate but you must take into account different warranty and other details. No exact but do show trends and since manufacturers try same pricing tactic sin different countries it does reflect different models and popularity or problems.


I have 50 motors that are a year old Benny could you please send a cheque for 15% less than their list price please?
20% the minute it is fitted and leaves the store would be my starting point for a new motor. 10% is gst to start with that just went up in smoke.

Always a big difference between asking dealers for a value on a motor as an insurance asessor or asking them to find supply and fit the motor in similar condition and hours as someone who gets paid out.. That is the question insurers should be asking but it is not to their advantage.

My point was don't underinsure and leave that door open to getting done over. The difference in in premium of insuring an extra 10% of value on a motor is insignificant compared to the other case.


There is insurance values and then there is the real world.

[Pureblonde83]

ok thanks for the quick tips.

[stinky-stabi]

I came up with $8K...prolly a little on the high side but close enough

worth a try m8 ,, my price is from dealship on sunny coast an still some available..
(m8 works there an that is the general price fitted at the moment but fitting is usaully $1000 more so get in now for free fitting .lolololol