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View Full Version : Progression in the NADA Book??



SpeedDemon
06-23-2006, 06:00 PM
:confused:

Hey Everyone,

I'm trying to secure financing for a boat and my bank says that Progression is not in the NADA book, which is what they use to determine value. EVERYTHING else seems to be in there! Are they under another name or something?

Thanks!
Brett

CMC
06-23-2006, 07:22 PM
No they are not. Progression is considered a custom boat so they do not appear in the NADA guide. If the bank or your Ins. company has an issue, they should call Kevin at Progression and ask the value. He is very helpful, and you can get their # from the web site. I had a similar situation a few years ago when I was considering a Progression. Boat US called Kevin ( the builder) and the problem was solved. Dam I wish I bought that boat !

frank pello
06-23-2006, 07:24 PM
a friend of mine has the info on a disk , not sure what it is from but he gave me the value of the one i just bought . if you give me the year i will find out for you .

mr.clean
06-23-2006, 07:45 PM
It's not in NADA because nobody outside the south shore of Long Island has ever heard of them.

arrowwaves
06-23-2006, 07:51 PM
It's not in NADA because nobody outside the south shore of Long Island has ever heard of them.
What a loss for the rest of the world

frank pello
06-23-2006, 08:13 PM
mr clean , i am new here , seems like you dont like anything on this board , why are you here . just wondering

mr.clean
06-23-2006, 09:46 PM
mr clean , i am new here , seems like you dont like anything on this board , why are you here . just wondering
What kind of plant are you?

SCT
06-23-2006, 09:54 PM
Don't worry about it Frank, Clean thinks he's funny (but he is the only one laughing.)

I had a similiar situation a few yrs ago and had to have the manufacture talk to the lender to give a value for the boat.

Good luck,

SCT

WILDMAN
06-23-2006, 09:56 PM
Liberator has been around since the late 70's, but just put them in NADA in 2004. My Rallysport is'nt in there either. Alot of low volume builders aren't in there. I know the reason Liberator never put their's in, is because you'd have a value for a single 225 powered 21ft, and a custom twin was worth twice as much, but the book did'nt show it. You may have to get a marine appraisal. They cost at least $400 down here.

EddyT
06-24-2006, 09:18 PM
hey speedemon, i just bought a 24 progression and a couple of banks gave me the same problem they told me to get the boat surveyed. but i ended up using first commercial (sovereign bank) 6.95% no book value or survey required. good luck ED

ActiveFun
06-24-2006, 10:21 PM
hey speedemon, i just bought a 24 progression and a couple of banks gave me the same problem they told me to get the boat surveyed. but i ended up using first commercial (sovereign bank) 6.95% no book value or survey required. good luck ED
At this time, thats not a bad rate at all.

SUPERBASH
06-25-2006, 07:00 AM
Nice Eddy ! Bring her out to Tanner. Maybe Me, You, Jerry, Arrowwaves and any other 24's wanna do an inlet to inlet cruise let me know. I'm in. The 21's & 22's seem to shy away whenever I bring it up. http://img89.imageshack.us/img89/9008/sasmokin3tg.gif (http://imageshack.us)

*( Careful Ed. Unless I'm mistaken...that looks like Ghosts white pickup truck in the background ???.....Thump Thump !!! )

EddyT
06-25-2006, 08:17 AM
hey bash, sounds good. arrowaves is just a couple of canals away from me so maybe i will rip out there with him, but i have a couple of other dudes that want to come there to. inlet to inlet im in. the white pickup is mine, ghost 28 drives a white chevy. he was all over this boat but never bought it. ED

arrowwaves
06-25-2006, 10:01 AM
hey bash, sounds good. arrowaves is just a couple of canals away from me so maybe i will rip out there with him, but i have a couple of other dudes that want to come there to. inlet to inlet im in. the white pickup is mine, ghost 28 drives a white chevy. he was all over this boat but never bought it. ED
this weather sucks, I would be up for an inlet to inlet run So far I have only done it twice out Jones and in Rockaway ,out Jones and in Fire Island. FI inlet is tough so many fish boats in the way. Ed call me on a wed. if you want to run out to tanner.639 2303

SUPERBASH
06-25-2006, 11:24 AM
I'm in. We"ll meet at the Meadowbrook Bridge ...go out Jones Inlet & back in F.I. Inlet . A Wed afternoon/nite would be perfect. We can head to Tanner & tell war stories. Anyone else with some balls ( or at least one ball ) wanna go ???? Maureen ??? :o .... can come along to take pics ! http://img143.imageshack.us/img143/8703/sasmokin8ee.gif (http://imageshack.us)

http://img232.imageshack.us/img232/1369/sobrun2bj.jpg (http://imageshack.us)

EddyT
06-25-2006, 07:30 PM
hey bash an arrowaves, im up for that run. i run jones inlet to debs inlet (rockaway) often solo. wed. might be tight for me work is crazy now. ill see what i can do. bash an ocean video is much needed here to showcase what these boats are made to run in ED

SUPERBASH
06-27-2006, 07:09 AM
A Sat. or Sun. early morning works for me . Video no doubt.
Maybe you can call the girls ??? http://img505.imageshack.us/img505/8079/bash2os.gif (http://imageshack.us)
http://img399.imageshack.us/img399/3074/prog24ldmedium2vt.jpg (http://imageshack.us)

ActiveFun
06-27-2006, 09:50 AM
Hey guys, can you set up one of those runs for a weekend sometime??

Massbasser
06-27-2006, 10:52 AM
Don't worry Frank all Yankee Fans are *******s!

:eek: :eek: :eek: :eek: :D :D :D :D :D :D J/K! ;)

Go Redsox. :p

mr.clean
06-27-2006, 05:09 PM
Don't worry Frank all Yankee Fans are *******s!

:eek: :eek: :eek: :eek: :D :D :D :D :D :D J/K! ;)

Go Redsox. :p

***Championships***

Yankees
26

Red Sox
6
;)

Maureen M
06-27-2006, 06:10 PM
I'm in. We"ll meet at the Meadowbrook Bridge ...go out Jones Inlet & back in F.I. Inlet . A Wed afternoon/nite would be perfect. We can head to Tanner & tell war stories. Anyone else with some balls ( or at least one ball ) wanna go ???? Maureen ??? :o .... can come along to take pics ! http://img143.imageshack.us/img143/8703/sasmokin8ee.gif (http://imageshack.us)



I qualify (metaphorically of course):D :D

If it's a Wednesday, give me a little notice and I'll arrange my schedule to get out early.
I will bring: cameras, video and some damn insect repellent.


Eddy, the boat looks awesome - I like that color scheme.


Maureen

arrowwaves
06-27-2006, 07:37 PM
A sunday morning would be a good time for me.I work on saturday ,and I think having daylight might be a better idea than a wednesday night,just in case. Ed I didnt get girls like that with my boat are they a progression supplied option?

EddyT
06-27-2006, 08:50 PM
hey guys, i have a bachelors party in A/C this weekend. i do have off monday/tuesday maybe that will work. if not i will catch you guys on the next run no doubt. bash cool pic of my boat, as for the" hotties" there is no shortage here. maureen thanks for the compliment.

Massbasser
06-28-2006, 09:20 PM
Quote:
Originally Posted by Massbasser
Don't worry Frank all Yankee Fans are *******s!

J/K!

Go Redsox.


***Championships***

Yankees
26

Red Sox
6

See what I mean? :rolleyes:

SUPERBASH
06-29-2006, 06:55 AM
Monday or Tuesday morning would work for me. It'll depend on the condition at Jones Inlet if we're gonna head out. I went out Tuesday on the ski. The rollers were 12' & coming in fast & hard. There is no way I woulda took the boat thru it.
Me & whoever else wants to leave from Tanner. We could all meet up at the Meadowbrook & then make our decison. Worse comes to worse we dont go & we just hang out or cruise back.
We"ll see how the weekend goes.
Gene Bash 631 918 3488

Maureen M
06-29-2006, 08:02 PM
I'm thinking we need a separate thread, b/c this thread title and "ocean run" don't go together. Bash, can you post the map again in a new thread?
This is a perfect chance to get some great video and photos, and it looks like the weather is going to cooperate.

EddyT
06-29-2006, 08:49 PM
bash mon-tues is great i will be by the meadowbrook early a.m. i will try to get some other western nassau scream and flyer's. arrowaves, superboat 21 maybe brandon (ocean marine)." pitbull " you never know. ED