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Montauk's Last Year
|Author||Topic: Montauk's Last Year|
posted 02-15-2002 07:59 PM ET (US)
[This message thread was originally posted to the MARKETPLACE forum, where it was completely off-topic. The MARKETPLACE forum is to be used only for items for sale or items wanted to buy. The MARKETPLACE forum is not to be used as a question and answer forum, or as a discussion forum. Posting messages in ALL CAPS is discouraged, also.] HEARD AT LOCAL BOAT SHOW THAT WHALER IS DISCONTINUING THE CLASSIC MONTAUK. COMING OUT WITH A DIFFERENT VERSION.
posted 02-15-2002 08:03 PM ET (US)
REASON IM INTERESTED IS I JUST BOUGHT A 2002 MONTAUK AND IM WONDERING WHAT THAT WILL DO TO RESALE VALUE?
posted 02-15-2002 08:23 PM ET (US)
QUIT SHOUTING! In reality, it's worth whatever a you can sell it for! Just because the old Montauk is gone I don't see people beating a path to your door, or mine, to pay 30% more than what you or I paid. Hell, maybe this new Montauk will be so desirable that alot of us will be trading in our old Montauks for new ones and creating a glut of old boats that will drive the price down. Time will tell!
posted 02-16-2002 12:13 AM ET (US)
I do think that Stephen has a very legitimate question. None of us may yet know the answer, but when one pays $22000 or something like that (and we've seen higher prices listed here) for a new "old" Montauk, and then the new, larger, and superior (as no doubt they'll market it) boat is selling for $17000, one's investment is definitely at risk, at least for several years until the success of the new one is known.
Look what has happened to the 13. Even on this site we're flooded with comments by the new owners of how much better their new one is over the old. Only now, as the interest in those new ones and marketing hype is dying down, with already a lot of them being re-sold, is the value leveling off on the last of the old 13's made. Some of those last classic 13's were sold for 12-14 thousand, and now there isn't one that's worth more than the $8000 a new Sport 13 costs. That's a lot to lose so quickly.
And if the new Montauk TRULY is a better boat, as it very well could be, than any $22000 old Montauk will immediately drop to considerably less than the "new" $17000 Montauk in value. This is not good news for the owner of a recent Montauk.
I have long thought that the value of a used rig is set by a comparison to what a new one costs. Any smart buyer will compare these values. When a new one is sold for $17,000, there isn't a used Montauk/engine combo in the country that can possibly be worth more than $12,000., unless the new "superior" boat is a flop. But that will take a couple of years to determine.
Expect all of this 13' history to be repeated with the new Montauk. The old one is going to take a lot of flak as the new buyers start raving about their new boat, with probably a few Company "operatives" and Dealers, hiding their identities, saying how one should forget about the past and move on to the future & buy a new one. We'll just have to see what happens, and how popular the new one is. But the price is set to prevent a lot of competition with the used market, one of Whaler's biggest problems. This way they won't have to compete with Montauks less than 5 years old, since most of those owners won't sell for such a low price. Clever marketing work, I would say, but not a concept that is going to win many friends among current owners.
posted 02-16-2002 12:01 PM ET (US)
I just finished reading all of the uproar here on the new vs "old" Montuaks. I guess I would think that we should all wait and see. For those concerned about the value of their current Montauks, I don't see any point in worrying--it's water under the bridge (pardon the pun) and your boat is a fantastic watercraft that has proven itself for about 40 years, longer than any other boat in history. If you're going to hang on to it, and most Whaler owners do, that's great. For those thinking of trading to the newer model, there will still be many others looking to purchase the older style hull. And as far as Boston Whaler's marketing gimmickry, just think of what the computer industry does. Just a week after I purchased a new $2500 state of the art computer, the Pentuim 4 chip was introduced and quickly became the standard of the industry. I didn't like it, but that's progress. Boston Whaler is in a very competetive market, and has to do whatever it can to survive. Not that I agree with everything they do; I'm one of those tempted to buy a couple of CPD alert hulls and put them in my garage under tarps. At the end of the day, I think the old hull will still be pretty attractive.
posted 03-07-2002 06:41 PM ET (US)
I took the factory tour today and saw the new Montauks.Being an owner of a 99 Montauk,I have mixed feelings. It is a nice boat when considering the large price drop. However,to do this, they had to eliminate the Norman pin cleat and several other labor intensive items. I don't blame them for making a competitive change, but feel sad that the last of the original models is gone.
posted 03-07-2002 06:51 PM ET (US)
First off, when did you buy your 2002, and if just recently, did you ask the dealer why he didn't tell you they were coming out? I don't know if that means much though. You still got a great boat, did it come with a 4 stroke for that price or are you located far from the factory (destination charges), not to burst your bubble but the seems a little high.
posted 03-07-2002 09:19 PM ET (US)
Whom are you addressing, Salmon Tub?
Red sky at night. . .
posted 03-07-2002 09:47 PM ET (US)
Who led the tour at Boston Whaler?
Was there any Whalers being filled
Did you notice what motors were installed
on the new montauks?
Some of the orginals will still live on
in the commercial products division.
posted 03-08-2002 03:54 PM ET (US)
Opps!, I was addressing Stephen, regarding the above mentioned purchase.
posted 03-08-2002 05:04 PM ET (US)
PAID 19995.00 WITH OUT TRAILER AND 90 HP 2 STROKE , COMFORT PKG
posted 03-08-2002 07:55 PM ET (US)
You must be new to this site and I noticed on another one of your posts you are using all CAPS in your writing. ALL CAPS means your shouting at us and NO ONE likes it.
Please try to change your ways.
posted 03-08-2002 08:53 PM ET (US)
posted 03-08-2002 08:59 PM ET (US)
You're forgiven. I was thinking that your keyboard had a bad caps lock key :)
posted 03-08-2002 09:06 PM ET (US)
Not that I know much about the new boat prices, but $20K seems like a reasonable reduction on list. What is that, 15%?
Stephen... congrats on your new classic Montauk. 2002, last year they made 'em.
posted 03-08-2002 09:12 PM ET (US)
Thanks, I'm siked for spring!
posted 03-08-2002 10:05 PM ET (US)
Nice commentary, but this old guy says that whaler will go out back and bring the old molds/forms back into the shop and again make a real whaler.
posted 03-09-2002 11:52 PM ET (US)
I agree with Fireball.The old original will prevail!!
posted 03-10-2002 12:57 AM ET (US)
Anyone checked out the Edgewater version of the Montauk?
posted 03-10-2002 06:07 PM ET (US)
Ed Stone: Our tour was led by Chuck Bennett. He always does an excellent job. There were at least 6 new Montauks lined up in the final assembly area. They were putting 90's on them all. I saw an outrage being foamed and it is really very interesting indeed
posted 03-10-2002 06:17 PM ET (US)
Were those 90's being installed 2 stroke or 4 strokes. Did you notice which optional packages were being installed. Example (the fisihiing package.......swim platform, sun top) ? Which color graphics was used ........mostly red or blue? The fishing package comes with a compass installed.
posted 03-13-2002 07:16 AM ET (US)
Did you happen to notice if it looked like the old mold ? Or is it looking more like
posted 03-13-2002 08:12 PM ET (US)
Looked to me like a new mold.
posted 03-13-2002 09:41 PM ET (US)
You probably seen Tobasco's Montauk
coming off the assembly line.
posted 03-13-2002 10:17 PM ET (US)
posted 03-14-2002 05:48 AM ET (US)
I purchased a Montauk new in 2001. I have no intentions (now) of selling or upgrading. I know I paid a premium for the boat and am not troubled by the change in design/drop in price. Instead, I am actually considering myself fortunate to have purchased the new "old" [old "new"?] Montauk when I did, as it may be truly one of the last "classic" Whalers. I am not inclined to rebuild or restore an older boat, so this one met my needs.
I forsee a new mini-debate coming between classic Montauks, new-classic Montauks, and post-March 2002 Montauks. Let's just keep it civil.
Post-script: JimH and others should be commended for making this site the best source for information on the new boat. That level of detail, coupled with the analysis and comments by the forum members is very insightful. Now if we could only get Tom Clark to dissect the new boat....
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