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Author Topic:   25 Whaler Walkaround
jklaiber posted 02-06-2002 05:18 PM ET (US)   Profile for jklaiber   Send Email to jklaiber  
I am looking at purchasing a used whaler and need to know if the price is fair.
The boat is a 1990 25' Walkaround with twin 1990 225 HP Johnson motors attached to the whaler drive. The motors have 200 hours a piece on them. The boat is in fair condition and it does include a double axle trailer. The boat needs a good wax job and the teak needs to be refinished. Can anyone tell me what this boat should sell for. The boat is in Ohio and to my knowledge has never been in saltwater.

Thanks

jimh posted 02-07-2002 01:19 AM ET (US)     Profile for jimh  Send Email to jimh     
This sounds like quite a nice boat.

Let's look at replacement value:

Two 225-HP outboards = $18,000
A big tandem trailer = $4,000
A 25-foot Whaler hull= $50,000
Accessories, Canvas, etc= $3,000
------------------------------
Rough estimate of replacement= $75,000.

The boat is just out of hull warranty, a minor hit in value. It has the Whaler Drive, generally very desireable and an expensive option ($4,000--add that to replacement cost above).

Were I looking at this boat the biggest factors would be:

--hull condition (must be mint)
--no bottom paint (expensive to remove)
--expected engine life (want to get a couple years of use at least before a repower)
--trailer (suitability)

The trailer issue can be a sticky one. If the trailer is not set up properly you can have a tough time launching and recovering a boat of this size and weight. Often the current owner does not use the trailer more than twice a year (Spring launch; fall Storage). It can be expensive to get the trailer into proper rigging to permit easy launching and recovery.

Depreciate the different elements at different rates. The hull (if mint) has the least depreciation, say 50%.

The engines have the most, say 66% depreciation, unless some warranty or rebuild work recently.

The trailer, if in serviceable condition, about 50% depreciation. Deduct for costs to bring it to service level.

So you could say the boat is worth:

$54K @ 50% = $27,000

The engines are worth about $6,000.

The trailer is worth about $2,000.

The accessories--hard to say. Try $1,000.

So it adds up to $36,000. I am just pulling these numbers out the air. I would have to see the boat. If I loved it, hey, maybe more, maybe a lot more. Price a new one and compare.

What is the asking price?

jklaiber posted 02-07-2002 11:31 AM ET (US)     Profile for jklaiber  Send Email to jklaiber     
His asking price is 34,000.00. I offered
25,000.00 and he came back at 30,000.00.

Thoughts

lhg posted 02-07-2002 02:52 PM ET (US)     Profile for lhg    
I assume you're talking about the 9'-6" beam model? I hope you're not planning on trailering it. But that was a beautiful boat, a twin to the 27 Walkaround, and one of Dougherty's last designs.

But watch out for the engines. A friend had pair of 1990 Johnson 225's on his 26' Stratos, bought new, and they were a nightmare. Nothing but trouble, especially the stators. He absolutely hated them. They were always in the shop, and the paint job did not hold up well either.

27Walk posted 02-07-2002 07:21 PM ET (US)     Profile for 27Walk  Send Email to 27Walk     
Been a lurker here for awhile and decided to register. We are about to put our 1992 27' Walkaround on the market. Don't want to mess up your deal, but ours has Yamaha's, hope to have it listed by tommorrow.
jklaiber posted 02-08-2002 11:29 AM ET (US)     Profile for jklaiber  Send Email to jklaiber     
27walk

How much are you planning on asking for
your 27 walkaround and where is it located. Can you tell me a little more about it.

I might be interested. Thanks

JustinAndersen posted 07-12-2009 03:15 PM ET (US)     Profile for JustinAndersen  Send Email to JustinAndersen     
I dredged this thread up from the archives after doing a search on "walkaround repower"... It's been a long time since I've been an active participant on CW but I believe that I just bought this particular boat.

It had been in storage for the past 7 years and it still needed a good wax job and the teak still needed refinishing. The motors had 241 hours apiece on them. I've redone the teak and buffed the boat to a shine and she's beautiful.

I plan on having a major overhaul done this winter with repairs to the gelcoat, a complete repaint, repowering with either Yammies or Verados and new electronics.

Jeff posted 07-13-2009 08:55 AM ET (US)     Profile for Jeff  Send Email to Jeff     
Justin did you buy the boat that was listed in Ohio for about $18,000? It had a Whalerdrive.
27 Black Dog posted 07-14-2009 09:03 AM ET (US)     Profile for 27 Black Dog  Send Email to 27 Black Dog     
Jutin,
I have a 1991 27 Walkaround with twin '07 250 e-tecs and I could not be happier. Do you have any pictures of your boat?
JustinAndersen posted 09-18-2009 07:09 PM ET (US)     Profile for JustinAndersen  Send Email to JustinAndersen     
Gentlemen, so I resurrect the thread, spark some discussion and then abandon it again! Apologies.

Jeff - yes, the boat was for sale in Clyde, OH.

Black Dog - how are those e-tecs? The more I think about it, the more I'm leaning towards the Evinrudes.

jimh posted 09-19-2009 08:15 PM ET (US)     Profile for jimh  Send Email to jimh     
Justin--We were just over in your neck of the woods, east of T.O. We'll be back next year and expect a ride in your new Whaler 25 Walkaround.
Bulldog posted 09-20-2009 11:02 AM ET (US)     Profile for Bulldog  Send Email to Bulldog     
Justin, I can say I was impressed with Blackdog's boat and engines. Having spent a day on the Potomac with him, the thing flew and no smoke and while along side my boat my wife didn't even know his engines were running. My wife is pushing hard for me to get new engines for our boat or possibly go for a new Whaler with an E-tec on her already. Price on your boat is not too bad but motors are getting old and that is a big bill to replace.....Jack
JustinAndersen posted 09-20-2009 09:11 PM ET (US)     Profile for JustinAndersen  Send Email to JustinAndersen     
Jim! Call me next time you're in the area! Email me for my particulars.

And Bulldog, you're right - those engines are indeed a big purchase.

This is the plan:

Yesterday I dropped my Montauk off at a boat yard, Bristol Marine in western Toronto, to do some minor fiberglass and electrical work. I'm looking at this as a test project. If I like Bristol's work (and all reports say that they do an excellent job) they'll get a crack at the Walkaround this winter. The pre-purchase survey I had done indicated that the boat is bone dry except on the WhalerDrive but the surveyor couldn't get a read through the bottom paint. First order of business to ascertain that the hull is indeed dry. If it isn't, look for it in the "Marketplace" section in a few months! Just kidding - maybe. Otherwise I intend on having all her dings fixed and then have the entire boat repainted. I might have Bristol remove the non-OEM radar arch which doesn't do much for me before the repaint. Bristol will also overhaul all systems - from the head through to the livewells.

Bristol Marine will be finished the Walkaround by early February, at the exact time the Miami Boat Show is on. I intend making contact with the salespeople for Yamaha, Mercury, and Evinrude beforehand and lining up rides on boats with twin motors in the 250-300hp range. I really hope I've decided on the make of motor by the time I fly back from the boat show. I will then work my best deal on the motors and if (and that's a big "if") Ed's Marine gets my business Bristol Marine will do the installs and the rigging. Otherwise I'll be buying the motors from a local dealer and they'll do the installs and rigging. The boat will then go BACK to Bristol Marine and they will install a display along with gps and fishfinder. I intend on having most of the engine data displayed on the screen too.

Bristol will also tweak all the canvas supports and I will be ordering new Mills canvas. They'll also install my downriggers and sundry other items.

By the end of April I expect to have essentially a brand new classic Whaler at about 75% of the cost of a new Conquest.

Stay posted though for the tales of misery to commence!

JustinAndersen posted 09-20-2009 09:18 PM ET (US)     Profile for JustinAndersen  Send Email to JustinAndersen     
A few other items that I didn't address in the above post:

- The replacement of the vinyl padding that is on the inside of the gunnels. I

- I'm really hoping to get a couple of sweet chairs such as those from Stidd but that might have to be sometime down the road.

- On the subject of seating though I would very much like to have a rear bench seat fabricated and have it slide on rails mounted on the cockpit floor - right to the back when out for a pleasure cruise, slid forward when I need access to the transom. Also it would be great if the back part of the seat folds flat when the entire seat is slid forward, making a bed/chaise.

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