I was audited for my boat purchase in Illinois, the state tried to say my 02 lsv was worth 30k! and that the value I used of 12k was too low..

They said they got the 30k figure from Nada online, however no matter what options I choose never reached 30k..

The audit was actually pretty easy..showed a withdrawal of 18k, a receipt from the sellers bank and I provided an itemized list of how I determined the boat itself was only worth 12k..-3k trailer, covers, ropes, etc, etc -3k, perfect pass, -1k... sent it all via email..

Just saved my coworker 1500$ using the same for a truck he purchased..



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