Price of new Montauk vs price of used "Classic"

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Author Topic:   Price of new Montauk vs price of used "Classic"

Jimm posted 04-22-2002 08:46 PM ET (US)
After fishing from other peoples boats for many years I have retired and am finally ready to buy my own boat. It must be easily trailerable, a quality product, easy to launch and economical to run - hence my decision to purchase a Montauk. I've read most of the posts here and other forms and have gotten down to nut cruchin' time. Here is my dilemma---- I've found a 1999 Montauk, 90 Merc 2 stroke, galvanized trailer, bimini, FF, and cosole cover. Price = $17,000. Went to a dealer today and saw the new Montauk(longer, wider, heavier) with a 90 Merc 2 stroke and galvanized trailer for $17,000. This price includes the warranty on the new motor. This 17K was the price out the door plus sales tax. If I add a bimini it's another $820. This price isn't bad for a new Whaler. My question to you experienced Montauk people is what does this make the used '99 worth?
Taylor posted 04-22-2002 09:05 PM ET (US)
Welcome! This question has been debated a lot lately. The new Montauk is putting some downward price preasure on the late model used boats. I think in some way its people in your position that really get to decide what the '99 is going to sell for. Do you want the classic style or the latest edition?
andygere posted 04-22-2002 09:06 PM ET (US)
Jim,
An interesting question that's tough to answer. It will ultimately depend on how much people like the new model compared to the old one. What the boat delivers to the buyer is largely the same.
Also, I'd pass on a dealer installed bimini and order one from Mills instead. Another post indicated the Mills is actually less expensive, and the quality is unmatched.
Tsuriki BW posted 04-22-2002 09:19 PM ET (US)
Jimm,
What it makes is the value of my Dauntless 14 with 75hp Merc 2 stroke a lot less!!!!!
And it makes the new Montauk a great value.
It also means that you need to test drive both in the water conditions you are going to be using it in and see if the new hull giver you what you need/want or the older hull gives you what you need/want.
Depreciation/resale are something you need to think about but more or less depending on how long you are really planning on keeping the boat.
If it were me, I would go with the new Montaku, but it is still an individual decision.
Tsuriki
Tsuriki BW posted 04-22-2002 09:35 PM ET (US)
Jimm,
What it makes is the value of my Dauntless 14 with 75hp Merc 2 stroke a lot less!!!!!
And it makes the new Montauk a great value.
It also means that you need to test drive both in the water conditions you are going to be using it in and see if the new hull giver you what you need/want or the older hull gives you what you need/want.
Depreciation/resale are something you need to think about but more or less depending on how long you are really planning on keeping the boat.
If it were me, I would go with the new Montaku, but it is still an individual decision.
Tsuriki
tabasco posted 04-22-2002 10:33 PM ET (US)
No brainer.......buy a new Montauk boat, motor, trailer everything brand new all with warrantee................. $17,600
Probably the guy who is trying to sell the 99 for seventeen will take your money and add $600 and buy a 2002-3 Montauk
jimh posted 04-22-2002 11:16 PM ET (US)
The value of all used Whalers--really any used goods--depends on the current price of the equivalent new product.
In the case you mention (2002-MONTAUK-170 vs. 1999 17-MONTUAK) you are not exactly comparing identical boats. You can buy the same boat (17-MONTAUK) new, but it will cost about $24,000.
What has happened is that a very similar boat which seems to be functionally equivalent has appeared with a much lower price. It Boston Whaler took $7,000 out of the price of a new boat, then they probably took some percentage of that out of the price of every used boat.
The intangible thing in this dicussion is how comparable the new and old style boats are. There is no question the new boat is very similar.
Personally, at the price differential you are mentioning, I would probably go with the new boat. It is widely suspected that the current "introductory" pricing will not hold for long and that the boat will jump up in price, perhaps as soon as July when the next model year rollover occurs.
Dick posted 04-22-2002 11:25 PM ET (US)
I like the looks of the new Montauk and from what I have heard the performance is good.
I own a 1999 Montauk with a Merc 50/4 stk and with a rather heavy load max out at 33 mph. The top speed is fine with me and the fuel economy is great. It will be interesting to see how the two boats compare apples to apples.
I wouldn't trade my Montauk for one of the new ones, but for a new buyer test both and make up your own mind.
They are both Boston Whalers and that is what counts.
lhg posted 04-23-2002 11:44 AM ET (US)
They have definitely "lowered the bar" on Montauk values, at least temporarily until the price goes back up, which it will.
With a new 2-stroke rig at $17,000, there is no way ANY used Montauk is going to sell this summer for much more than 14-15M, unless a buyer is simply uninformed. This is a big hit to a 2000/2001 owner, but they're not likely to be selling anyway, and the comparative value will come back up. This is only a temporary value loss. And then there is the issue that the old ones are no longer available. They will still be in demand, expecially if the new one poops out. This is what has happened with the 13 Sport situation. It still appears the old ones are more in demand, used, than the new ones, used. I'll bet this will happen with the Montauk also.
I saw an original new Montauk/90 2-stroke on a Dealer's lot at $22,000 around Christmas. About a month ago, same boat now had a $17,000 price on it (without trailer)! I'll bet you could get it for $16!
phatwhaler posted 04-23-2002 02:17 PM ET (US)
There are lots of new original Montauks in the boat trader right now. I have never seen so many Marine Max ads on the Boat trader online. I think you could score a 2002 "Old" Montauk for a great price right now. I do feel sorry for the guys who paid the long dollar for the classic. I don't see them ever getting a fair price in the used market. The only hope for these guys is that BW jacks up the price of the new model. The new Montauk is not that much different than the one it replaces. The new 13 is quite a bit different from the old one, and that is why the old 13 still has appeal. Probably the best strategy for new classic Montauk owners is to hold on to their boats in hope that the new model will gravitate upward in price.
Question? Were the classic Montauks selling well? IF not, then BW's strategy is probably to increase profits by selling more units. If this is the case, which I suspect it is, then that $17,995 price tag probably won't rise much.
O Well, just felt like ramblin on. Talk to you guys later.
Phatwhaler out.
P.S. I'm going to look at a 69 17Ft BW with a 140 Suzuki and a newer aluminum trailer. Guy only wants 1800 for the total package. Either he doesn't know what he has, or the boat is a piece of $#@%. My hope are not that high.
tabasco posted 04-23-2002 04:13 PM ET (US)
Suggestion-
Call your local Whaler dealer and describe the boat that the guy wants to sell for $17,000 and ask what they will give you on trading in the 99 with the 90 2 stroke and then you will have your value number.
whalernut posted 04-23-2002 05:03 PM ET (US)
Phatwhaler, I hope you get that 1969 `16 Whaler, very good choice and a REAL Classic Whaler. Let us know if you get and what it is like?? Jack.
phatwhaler posted 04-23-2002 06:48 PM ET (US)
Whalernut,
False alarm!! This boat had has totally re-fibergalssed. It looks like a crab boat or something. You can tell it's a Whaler but it's not worth the effort. Actually, I don't think any amount of effort will help. O well, still lookin for the deal of the century.
Phatwhaler out.
STEPHEN posted 04-23-2002 07:14 PM ET (US)
does the new style montauk price include cusions, swim platfor,coast guard pkg, bimini top, console and rps covers andcooler w/ cusions??
Wreckdiver posted 04-24-2002 10:21 AM ET (US)
Stephen:
Do you have these dreams often?
TightPenny posted 04-25-2002 05:53 PM ET (US)
Speaking for myself, I don't care what the resale for a classic Montauk is. I Still have my 1977 Sport (or at least my son does). So if that one lasted 25 years, I expect no less from the Montauk. Now, do I get another 25 years?? Sure do hope so.
whalerdude posted 04-25-2002 06:39 PM ET (US)
I almost purchased a new '01 Montauk loaded up with all of my dream options including a 100 Yammie 4 stroke engine. You won't believe what they had the list price up to; believe it or not it was $31,411.92. They figured in a discount which brought the price to $29,232.04 including wisconsin sales tax and registration!!. I actually thought about doing it.
I am glad that I settled on a beautiful pampered 1991 'CLASSIC' pre brunswick Montauk built in good 'ol Massachusetts!
With a 2 cycle Yammie (with 100 lbs less weight than the 4 stroke) and nice custom trailer it was $11,500. I registered it here in Illinois and did not have to pay any sales tax on it either! I love my new(used) Montauk and am so glad that I did not buy a new one.
I bought a Montauk new in 1987 and sold it in 1990 to buy a Guardian '19. I should have never sold that Montauk then.
Now I am correcting that mistake!!

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Author	Topic: Price of new Montauk vs price of used "Classic"
Jimm	posted 04-22-2002 08:46 PM ET (US) After fishing from other peoples boats for many years I have retired and am finally ready to buy my own boat. It must be easily trailerable, a quality product, easy to launch and economical to run - hence my decision to purchase a Montauk. I've read most of the posts here and other forms and have gotten down to nut cruchin' time. Here is my dilemma---- I've found a 1999 Montauk, 90 Merc 2 stroke, galvanized trailer, bimini, FF, and cosole cover. Price = $17,000. Went to a dealer today and saw the new Montauk(longer, wider, heavier) with a 90 Merc 2 stroke and galvanized trailer for $17,000. This price includes the warranty on the new motor. This 17K was the price out the door plus sales tax. If I add a bimini it's another $820. This price isn't bad for a new Whaler. My question to you experienced Montauk people is what does this make the used '99 worth?
Taylor	posted 04-22-2002 09:05 PM ET (US) Welcome! This question has been debated a lot lately. The new Montauk is putting some downward price preasure on the late model used boats. I think in some way its people in your position that really get to decide what the '99 is going to sell for. Do you want the classic style or the latest edition?
andygere	posted 04-22-2002 09:06 PM ET (US) Jim, An interesting question that's tough to answer. It will ultimately depend on how much people like the new model compared to the old one. What the boat delivers to the buyer is largely the same. Also, I'd pass on a dealer installed bimini and order one from Mills instead. Another post indicated the Mills is actually less expensive, and the quality is unmatched.
Tsuriki BW	posted 04-22-2002 09:19 PM ET (US) Jimm, What it makes is the value of my Dauntless 14 with 75hp Merc 2 stroke a lot less!!!!! And it makes the new Montauk a great value. It also means that you need to test drive both in the water conditions you are going to be using it in and see if the new hull giver you what you need/want or the older hull gives you what you need/want. Depreciation/resale are something you need to think about but more or less depending on how long you are really planning on keeping the boat. If it were me, I would go with the new Montaku, but it is still an individual decision. Tsuriki
Tsuriki BW	posted 04-22-2002 09:35 PM ET (US) Jimm, What it makes is the value of my Dauntless 14 with 75hp Merc 2 stroke a lot less!!!!! And it makes the new Montauk a great value. It also means that you need to test drive both in the water conditions you are going to be using it in and see if the new hull giver you what you need/want or the older hull gives you what you need/want. Depreciation/resale are something you need to think about but more or less depending on how long you are really planning on keeping the boat. If it were me, I would go with the new Montaku, but it is still an individual decision. Tsuriki
tabasco	posted 04-22-2002 10:33 PM ET (US) No brainer.......buy a new Montauk boat, motor, trailer everything brand new all with warrantee................. $17,600 Probably the guy who is trying to sell the 99 for seventeen will take your money and add $600 and buy a 2002-3 Montauk
jimh	posted 04-22-2002 11:16 PM ET (US) The value of all used Whalers--really any used goods--depends on the current price of the equivalent new product. In the case you mention (2002-MONTAUK-170 vs. 1999 17-MONTUAK) you are not exactly comparing identical boats. You can buy the same boat (17-MONTAUK) new, but it will cost about $24,000. What has happened is that a very similar boat which seems to be functionally equivalent has appeared with a much lower price. It Boston Whaler took $7,000 out of the price of a new boat, then they probably took some percentage of that out of the price of every used boat. The intangible thing in this dicussion is how comparable the new and old style boats are. There is no question the new boat is very similar. Personally, at the price differential you are mentioning, I would probably go with the new boat. It is widely suspected that the current "introductory" pricing will not hold for long and that the boat will jump up in price, perhaps as soon as July when the next model year rollover occurs.
Dick	posted 04-22-2002 11:25 PM ET (US) I like the looks of the new Montauk and from what I have heard the performance is good. I own a 1999 Montauk with a Merc 50/4 stk and with a rather heavy load max out at 33 mph. The top speed is fine with me and the fuel economy is great. It will be interesting to see how the two boats compare apples to apples. I wouldn't trade my Montauk for one of the new ones, but for a new buyer test both and make up your own mind. They are both Boston Whalers and that is what counts.
lhg	posted 04-23-2002 11:44 AM ET (US) They have definitely "lowered the bar" on Montauk values, at least temporarily until the price goes back up, which it will. With a new 2-stroke rig at $17,000, there is no way ANY used Montauk is going to sell this summer for much more than 14-15M, unless a buyer is simply uninformed. This is a big hit to a 2000/2001 owner, but they're not likely to be selling anyway, and the comparative value will come back up. This is only a temporary value loss. And then there is the issue that the old ones are no longer available. They will still be in demand, expecially if the new one poops out. This is what has happened with the 13 Sport situation. It still appears the old ones are more in demand, used, than the new ones, used. I'll bet this will happen with the Montauk also. I saw an original new Montauk/90 2-stroke on a Dealer's lot at $22,000 around Christmas. About a month ago, same boat now had a $17,000 price on it (without trailer)! I'll bet you could get it for $16!
phatwhaler	posted 04-23-2002 02:17 PM ET (US) There are lots of new original Montauks in the boat trader right now. I have never seen so many Marine Max ads on the Boat trader online. I think you could score a 2002 "Old" Montauk for a great price right now. I do feel sorry for the guys who paid the long dollar for the classic. I don't see them ever getting a fair price in the used market. The only hope for these guys is that BW jacks up the price of the new model. The new Montauk is not that much different than the one it replaces. The new 13 is quite a bit different from the old one, and that is why the old 13 still has appeal. Probably the best strategy for new classic Montauk owners is to hold on to their boats in hope that the new model will gravitate upward in price. Question? Were the classic Montauks selling well? IF not, then BW's strategy is probably to increase profits by selling more units. If this is the case, which I suspect it is, then that $17,995 price tag probably won't rise much. O Well, just felt like ramblin on. Talk to you guys later. Phatwhaler out. P.S. I'm going to look at a 69 17Ft BW with a 140 Suzuki and a newer aluminum trailer. Guy only wants 1800 for the total package. Either he doesn't know what he has, or the boat is a piece of $#@%. My hope are not that high.
tabasco	posted 04-23-2002 04:13 PM ET (US) Suggestion- Call your local Whaler dealer and describe the boat that the guy wants to sell for $17,000 and ask what they will give you on trading in the 99 with the 90 2 stroke and then you will have your value number.
whalernut	posted 04-23-2002 05:03 PM ET (US) Phatwhaler, I hope you get that 1969 `16 Whaler, very good choice and a REAL Classic Whaler. Let us know if you get and what it is like?? Jack.
phatwhaler	posted 04-23-2002 06:48 PM ET (US) Whalernut, False alarm!! This boat had has totally re-fibergalssed. It looks like a crab boat or something. You can tell it's a Whaler but it's not worth the effort. Actually, I don't think any amount of effort will help. O well, still lookin for the deal of the century. Phatwhaler out.
STEPHEN	posted 04-23-2002 07:14 PM ET (US) does the new style montauk price include cusions, swim platfor,coast guard pkg, bimini top, console and rps covers andcooler w/ cusions??
Wreckdiver	posted 04-24-2002 10:21 AM ET (US) Stephen: Do you have these dreams often?
TightPenny	posted 04-25-2002 05:53 PM ET (US) Speaking for myself, I don't care what the resale for a classic Montauk is. I Still have my 1977 Sport (or at least my son does). So if that one lasted 25 years, I expect no less from the Montauk. Now, do I get another 25 years?? Sure do hope so.
whalerdude	posted 04-25-2002 06:39 PM ET (US) I almost purchased a new '01 Montauk loaded up with all of my dream options including a 100 Yammie 4 stroke engine. You won't believe what they had the list price up to; believe it or not it was $31,411.92. They figured in a discount which brought the price to $29,232.04 including wisconsin sales tax and registration!!. I actually thought about doing it. I am glad that I settled on a beautiful pampered 1991 'CLASSIC' pre brunswick Montauk built in good 'ol Massachusetts! With a 2 cycle Yammie (with 100 lbs less weight than the 4 stroke) and nice custom trailer it was $11,500. I registered it here in Illinois and did not have to pay any sales tax on it either! I love my new(used) Montauk and am so glad that I did not buy a new one. I bought a Montauk new in 1987 and sold it in 1990 to buy a Guardian '19. I should have never sold that Montauk then. Now I am correcting that mistake!!