I have a 1986 [Boston Whaler 17-foot MONTAUK boat] in good condition with a 2001 Evinrude 90, a trailer (that is not great), and the rest of the boat is in good condition. Blue book values seem low for these.
How can a reasonable asking price be determined[?]
Any help would be greatly appreciated. Regards--Scott
Appraisal of MONTAUK 17
Re: Appraisal of MONTAUK 17
You can determine a reasonable asking price for a Boston Whaler MONTAUK 17 boat by looking at prices being asked by other sellers, by looking at prices paid by other buyers, and by looking at listings of other MONTAUK 17 boats offered for sale in the MARKETPLACE forum or on commercial used boat listing websites.
As you describe, the asking price for the MONTAUK 17 boat will be a sum of the values of all the various components involved in the boat. Typically the components are
--the hull
--the outboard engine
--the boat trailer
--any accessory gear included in the deal.
You have to assess the value of these four basic elements of the package, then sum them together to arrive at an asking price for the package. However, I would not expect that you could sum all the elements without having to apply a discount, that is, one often sees that when buying a package the total package value may be lower than the value of the individual components if those components were sold separately.
There are other factors that affect the value besides the actual physical components. These factors are:
--location of the boat package; prices vary in different regions
--the time of year; prices vary in different seasons
--general desirability for the particular size and model of Boston Whaler boat; some models are very highly sought
--general desirability for the particular brand, model, and technology of the outboard engine; some engines are very highly avoided
--general harmony of the combination of components; are all the elements properly suited for each other and in appropriate age, condition, and size or capacity.
The most influential factor is the physical condition of all the elements in the package, particularly the condition of the boat hull and all original components from the factory. There is a curious phenomenon in which sellers of boats in rather shoddy condition think there is little discount to be applied for this poor upkeep, and yet buyers often fail to realize the value inherent in a used boat in excellent condition and seek a discount.
Another significant factor is the age of all the physical components. Many classic Boston Whaler boats from the 1980's are now over 30-years-old, and one should not expect that they can retain a huge percentage of their original purchase price forever--unless the hull is in spectacularly good condition.
For further discussion of pricing of classic Boston Whaler boats, see
Buying Classic Boston Whaler Boats
http://continuouswave.com/whaler/reference/buying.html
As you describe, the asking price for the MONTAUK 17 boat will be a sum of the values of all the various components involved in the boat. Typically the components are
--the hull
--the outboard engine
--the boat trailer
--any accessory gear included in the deal.
You have to assess the value of these four basic elements of the package, then sum them together to arrive at an asking price for the package. However, I would not expect that you could sum all the elements without having to apply a discount, that is, one often sees that when buying a package the total package value may be lower than the value of the individual components if those components were sold separately.
There are other factors that affect the value besides the actual physical components. These factors are:
--location of the boat package; prices vary in different regions
--the time of year; prices vary in different seasons
--general desirability for the particular size and model of Boston Whaler boat; some models are very highly sought
--general desirability for the particular brand, model, and technology of the outboard engine; some engines are very highly avoided
--general harmony of the combination of components; are all the elements properly suited for each other and in appropriate age, condition, and size or capacity.
The most influential factor is the physical condition of all the elements in the package, particularly the condition of the boat hull and all original components from the factory. There is a curious phenomenon in which sellers of boats in rather shoddy condition think there is little discount to be applied for this poor upkeep, and yet buyers often fail to realize the value inherent in a used boat in excellent condition and seek a discount.
Another significant factor is the age of all the physical components. Many classic Boston Whaler boats from the 1980's are now over 30-years-old, and one should not expect that they can retain a huge percentage of their original purchase price forever--unless the hull is in spectacularly good condition.
For further discussion of pricing of classic Boston Whaler boats, see
Buying Classic Boston Whaler Boats
http://continuouswave.com/whaler/reference/buying.html
Re: Appraisal of MONTAUK 17
Not sure what "Blue Book" means.
For boats, Boston Whaler's in particular, features, condition and location makes a big difference.
If in:
California 7-12K
Florida - 5-9K
Other areas 6-10K
Look on Craigslist for the surrounding 3 states, Boat trader and Yachtworld for comps.
For boats, Boston Whaler's in particular, features, condition and location makes a big difference.
If in:
California 7-12K
Florida - 5-9K
Other areas 6-10K
Look on Craigslist for the surrounding 3 states, Boat trader and Yachtworld for comps.
1992 Outrage 17
2019 E-TEC 90
2018 LoadRite 18280096VT
Member since 2003
2019 E-TEC 90
2018 LoadRite 18280096VT
Member since 2003
Re: Appraisal of MONTAUK 17
Re your particular MONTAUK, I would advise as follows:
A 1986 MONTAUK is from the golden age of classic Boston Whalers. This is likely to be a highly sought model. Describing the condition as "good" is completely unreliable. The boat must be able to be seen in person and you should have very good quality digital images of the boat showing all areas and revealing any defects. "Good" can mean anything. Describe all elements of the boat and hull in detail.
A 2001 Evinrude 90-HP engine--we need more description. Is this a classic Evinrude V4 two-stroke-power-cycle engine with carburetors? Does it have the Oil Mixing System (OMS) pump intact and working properly? What propeller is on the engine?
A trailer of unknown age, brand, and without details except that its condition is "not great" is unlikely to add much value. To facilitate selling you should improve the condition of the trailer so that it is entirely ready for the road, has no obvious damaged or broken components, all lighting works, the tires are less than five-years-old, have good tread, are properly sized and properly inflated. Any signs of rust or corrosion should be repaired and repainted. Specify if the trailer is galvanized steel, painted steel, or aluminum frame construction.
Specify exactly what other gear is included, such as anchors, lines, fenders, weather canvas, mooring covers, storage covers, VHF Marine Band radios, antennas, chart plotters, GNSS receivers, SONAR devices, cockpit lighting, battery chargers, and so on.
A 1986 MONTAUK is from the golden age of classic Boston Whalers. This is likely to be a highly sought model. Describing the condition as "good" is completely unreliable. The boat must be able to be seen in person and you should have very good quality digital images of the boat showing all areas and revealing any defects. "Good" can mean anything. Describe all elements of the boat and hull in detail.
A 2001 Evinrude 90-HP engine--we need more description. Is this a classic Evinrude V4 two-stroke-power-cycle engine with carburetors? Does it have the Oil Mixing System (OMS) pump intact and working properly? What propeller is on the engine?
A trailer of unknown age, brand, and without details except that its condition is "not great" is unlikely to add much value. To facilitate selling you should improve the condition of the trailer so that it is entirely ready for the road, has no obvious damaged or broken components, all lighting works, the tires are less than five-years-old, have good tread, are properly sized and properly inflated. Any signs of rust or corrosion should be repaired and repainted. Specify if the trailer is galvanized steel, painted steel, or aluminum frame construction.
Specify exactly what other gear is included, such as anchors, lines, fenders, weather canvas, mooring covers, storage covers, VHF Marine Band radios, antennas, chart plotters, GNSS receivers, SONAR devices, cockpit lighting, battery chargers, and so on.
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floodbucket
- Posts: 2
- Joined: Wed Aug 23, 2017 11:23 am
Re: Appraisal of MONTAUK 17
I'll pull together some details and try again.