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ContinuousWave: The Whaler GAM or General Area
What's a 1988 17 worth?
|Author||Topic: What's a 1988 17 worth?|
posted 01-16-2002 10:56 PM ET (US)
My new neighbor is selling a 1988 17' with 90 HP Johnson (just serviced for $600). All have approx 400 HRS. He is an old timer and takes care of it (original owner). It's in pretty nice shape and sits on a lift behind his house. It has VHF and depth finder, no bimini top, but a full mooring cover. He is asking $9,300 with the original trailer. The boat is in Southern FL...
Is it worth that?
|Tom W Clark||
posted 01-16-2002 11:09 PM ET (US)
17' what? Sport, Newport or Montauk? Apart from the model it all depends on condition. What other details can you share with us?
posted 01-16-2002 11:13 PM ET (US)
I believe it's a Montauk... I'm suppose to take a closer look and go for a ride this weekend.. It's got the big railing in front, center console of course, but that's about all I know for now..
posted 01-16-2002 11:42 PM ET (US)
Sounds a bit high to me, Small Fry. What year is the engine?
Look for: Loose fittings on the railings, particularly where they are mounted to the hull. . . rotted mahogany cleats for the cooler seat in front of the console, rotted mahogany bases for the console, rotted casing for the steering cable at the stern, rotted thru-hull fittings in the front locker and at the transom.
The age of the engine is important. If it is a 60 degree looper it is worth more than a 90 degree cross-flow engine.
If everything mentioned above is sound, the engine is a mid-to-late-90s engine and the hull is undamaged; the trailer is galvanized and in good repair, and the electronics are modern and in good order it might be worth $9300, but I would be more likely to offer about $8000. You would still want a good GPS chartplotter for $500 to $1500.
Good luck. A classic Montauk is the most versatile fisherman ever made.
Red sky at night. . .
posted 01-16-2002 11:49 PM ET (US)
The engine is an 88 too. Thanks for the advise Red Sky!
posted 01-17-2002 08:11 AM ET (US)
i paid $6,300 for my montauk with trailer
and johnson 88hp in real good condition
the motor was real good and i traded it in
on a new 70 4 stroke i think 9,500 is high
look around you will find one for less
posted 01-17-2002 08:45 AM ET (US)
Small Fry, Look on boattrader.com to get an asking price average. The boat should be cheaper in south Fla.. The price sounds high especailly if it's a salt water boat. Regards, Jay
posted 01-17-2002 09:16 AM ET (US)
I have to sign in on the buy it side. The spread we are talking about is $1,300. You might find one for less than $9,300, but it is worth something to know the seller and be able to find out where the boat was serviced. If the boat is ready to use like it sits, and it sounds like you could get at least a few years of good service from the motor and boat without doing much more than maintenance, I would probably buy it. Everything you have to do to get one up and going costs money, but just as important, it costs time. The real hit comes if you have to repower, and it doesn't sound like you will have to for a few years, maybe more. If you could meet somewhere in the middle on price, it would make the decision even easier. In my opinion, buy land and stocks for investment, buy a boat you like and can use. Kelly
posted 01-17-2002 09:42 AM ET (US)
Boats may be less expensive in south Florida, but I also think they get exposed to more sun and longer seasonal use that boats in the MA area. Also, there is some expense and risk in buying a boat over 1200 miles away verses next door. Kelly
posted 01-17-2002 09:59 AM ET (US)
$9300 for an 88.....almost 2k overpriced. The engine is worth "maybe" $2k and that boat aint worth $7300.
posted 01-17-2002 10:20 AM ET (US)
Bigshot, you may be right, How much you got tied up in your rig, boat, motor, trailer, time? Kelly
posted 01-17-2002 10:51 AM ET (US)
Kelly, what you say is true. Knowing the guy next door and the boat could be mint. If thats the case maybe the price ain't bad. My first 13' sport 1969 was an original owner mint, but I still got it for $2650 with a 10 year old mint engine. Regards, Jay
posted 01-17-2002 11:06 AM ET (US)
I agree with BS, but for one not as handy:
Knowledge of history/care, sundamaged minimized by mooring cover, nice shape, goodies, service, turnkey, usable tomorrow=
Now where are we?
posted 01-17-2002 12:26 PM ET (US)
No doubt kids! Just saying it better be "Bristol" not just a decent 1988. Plus he may take $8500 and then it is in the ballpark. Kelly...if you found out how much I have into my rig, you would never forgive yourself for asking:)
|John from Madison CT||
posted 01-17-2002 12:38 PM ET (US)
As an FYI, I bought an '89 Montauk, which was listed on BoatTraderonline.com for $7000 (Had '89 Yammie.) Clean boat IMO and I knew that it was very well maintained at the local marina who brokered it.(saw a 1" thick folder on the service/maintenance work)
It did not have a trailer, which actually was better for me. I wanted a new one anyway, so I got one for $1400. (Could have found a better deal but bought it from the marina who sold the boat.
posted 01-17-2002 12:44 PM ET (US)
Oh, I have regrets from time to time, but I always forgive myself. Kelly
posted 01-17-2002 01:10 PM ET (US)
I'm with Bigshot on this.. sounds a little high, it better be really nice. But if the wood is in good shape and its not too sun damaged, and you know and trust the owner, yeah, maybe its worth more. But not $9300. A low 8k offer is not at all unfair.
My '88 was described as an 8 out of 10, really 5 out of 10, it started at $8900, settled at $7500 last summer in the Northwest. High season, more expensive area. With full canvas and mooring cover, humminbird, 1988 merc 100. Then I needed to replace the tilt and trim... Man! I was sure glad I was not in at $8900.
JB - there's no mahagany under the console on mine. Aluminum L brackets with teak trim.
posted 01-17-2002 01:27 PM ET (US)
I bought my 1989 montauk one year ago for 10k. Part of the deal was a dealer service at the sellers expense, he a paid about $1000 (probably worth much less because its a very expensive dealer). My boat has a 1994 100HP evinrude, galvanized trailer, electric winch, mills mooring cover, mills console cover, fishfinder, bimini, new bow and seat cushions, no bottom paint, no radio, all in very good condition. No hour meter but the previous owner kept it in his garage because he only used one week a year. I think I got a fair deal. I learned from reading this website not to wait if you find a good one at a reasonable price.
posted 01-17-2002 03:40 PM ET (US)
I agree with the others that the price is a little on the high side. Not knowing all the details, I'd say $8,000 to $8500 is a fair price.
One thing to consider is what you will need to spend to be "ready to use" the way you will use it. How old are the batteries? What type of fuel tank(s) are included, and in what condition? Are the fuel lines original? Look inside the console. Is there a maze of spliced wires, or is everything neat and in place? Troubleshooting pesky electrical problems can be a real pain, and messy wiring would lower the price. What is included in terms of rod holders, cooler seat and upholstery? OEM style Whaler upholstery is not cheap to replace. Are the trailer tires, wheels, bearings and rollers servicable or shot? Are there a lot of holes in the transom and console from electronics and accessories? It takes time and/or money to repair these. Make a list, and get out your West Marine (or similar) catalog, check posts on this forum and use whatever other means needed to figure out the "additional cost" of this boat. It may be low or zero, or it may be high. Do the same for other boats in the area of similar vintage to get a fair "true cost of purchase" comparison. By the way, the $400 the owner put into a motor service is a sunk cost, and he should not expect to recover that in the sale price. I'd take the $400 off the asking price at the get-go. If you do decide to negotiateon this boat, point out the "hidden costs" (in a polite way) and show the seller asking prices for comperable boats.
posted 01-17-2002 05:14 PM ET (US)
Small Fry, just for comparison's sake, I would advise you to pick up this week's Boat Trader. I have last week's edition:
17' Montauk 1964, 96 Evin (size not listed), with extras and trolling motor for $6500.
17' 1976 Montauk with newer Johnson 115 (doesn't say year) for $4000.
17' Montauk 1995, with 70 hp Yamaha. $9000.
posted 01-17-2002 10:13 PM ET (US)
Thanks to you all. A very interesting topic I see. For you New Englanders, I just transplanted from MA to Stuart, FL...
NO SNOW, Plenty of H2O....Life is great! Just need to replace my 13 I sold up North. A 17' will do, and I'll definitely shoot low ball on the price if I like it. One the other hand, a guy at work informed me he has a mint 84 15' with a 84 Evindrude 70 HP he wants to sell. I think he said the engine was rebuilt and he is the original owner too. He's looking for $5K or so... Hmmmmmmm..
posted 01-18-2002 10:35 AM ET (US)
15's are Cadillacs compared to 13's but if you want to stand up, get the 17. Neighbor has a 17' standard with a 90hp Yamaha on it for sale. Just saw it last night looks to be around a 1996 or so. I will see. i am in Bradenton so anly 2.5-3 hours from stuart.
posted 01-20-2002 09:44 PM ET (US)
Since you all are quoting prices based on your experience, i'd appreciate your opinion on a 1973 whaler (model undetermined) based on what I've read and scene on the web. The boat has a mahogany center console, with a mahogany seat (bench type) in front, the width of the console. a mahogany helm seat w/a attached rear facing seat of sorts. A mahogany platform over the bilge area, and a mahogany battery platform. The boat comes with a 91/92 90hp yamaha, vhf, bow mounted trolling motor, and a 1998 galv trailer. Interior Fiberglass is in fair condition, and ext in great condition. Bottom never painted. Your educated guess would be greatly appreciated. The asking price from a friend is 6200.00
posted 01-22-2002 10:39 AM ET (US)
Sound very reasonable to me if in nice shape. Do a sea trial and verify engine year through last letter on model #. 90ELTD the "D" means 1990. They do NOT go in order so an "E" does not mean 91.
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