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  Guess the value: 1977 Montauk

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Author Topic:   Guess the value: 1977 Montauk
Taylor posted 06-10-2002 02:40 PM ET (US)   Profile for Taylor   Send Email to Taylor  
I'd like a second opinion please.

I've just come from looking over a boat with my friend who has been searching for a whaler.

The boat is a 1977 Montauk (built 9/77), original 85HP Merc, five(?) year old 18HP Merc kicker. Teak is in pretty good shape (well oiled), plywood doors are in ok shape. Hull is a smirk type, no bottom paint, somewhat oxidized but would buff out. Usual small gelcoat dings. No screw removal, everything where the factory put it. No cooler or cooler chocks. RPS seat bottom in bad shape. One Mirax 12gal steel tank. E-Z loader trailer, bearing buddies. One owner. No electronics. Engine had powerhead 'reworked' a 'few' years ago. and the owner is eager to provide a on the water test run. Northwest location. Mostly fresh water, some salt. Drain tubes intact.

See if you can guess the value and I'll let you know what the sale settled for when they complete the transaction, this afternoon.

Bigshot posted 06-10-2002 02:59 PM ET (US)     Profile for Bigshot  Send Email to Bigshot     
Merc has not made the 18hp since mid 80's I believe. That 85 was not their best engine but that one seems to be Ok(obviously). The seat will cost about $200 from WhalerTim. Cooler, chocks and cushion is about $175. An being built in 9/77 would make it a 1978. If all is well I would offer around $4-4500.
Matthew posted 06-10-2002 03:52 PM ET (US)     Profile for Matthew  Send Email to Matthew     
Taylor,
I've taken a test run in that boat--I think.
It was in the water near Newport Shores and the owner lived on Mercer Island.
I thought the hull was in decent shape for its age, but it seemed that the outboard wasn't as responsive as I would have liked. The owner showed me the receipts for the engine work, and if I recall, it was done by a backyard mechanic that used to work at Seaway marine. I don't know if this is good, bad or indifferent.
I was definetely thinking repower and went as far as pricing used OMC 90hp at Jacobsens.
I've seen a fair amount of used Montauks in the area and I was thinking $5500 or so on this one.
For what its worth,
Matt
Taylor posted 06-10-2002 04:10 PM ET (US)     Profile for Taylor  Send Email to Taylor     
Yes, Matthew, that's the boat. I was thinking repower also, since there is no T&T. Thanks for the input. You ended up with a New Montauk, right?
Matthew posted 06-10-2002 04:17 PM ET (US)     Profile for Matthew  Send Email to Matthew     
I did end up with a new Montauk and have been happy so far with limited hours.
Good luck with the '77. I'll be interested to hear how it turns out.
Matt
Taylor posted 06-10-2002 06:56 PM ET (US)     Profile for Taylor  Send Email to Taylor     
No resolution yet. My friend found a few gelcoat cracks on the inside, and a repair needed on the bow where it punched something on a dock. Still likes the boat. But the main problem is that main engine gets away from her and is hard for her to raise and lower. Gas shock/struts are pretty ineffective. How much to replace those?

Nick you were right about the 18hp. Seller is saying '5 years old', but I can't find one on www.nada.com since 1985, so it must have been some kind of leftover.

So now my friends are checking out repower... Matt what kind of price did you estimate for repower?

Matthew posted 06-10-2002 07:27 PM ET (US)     Profile for Matthew  Send Email to Matthew     
Taylor,
Jacobsens was asking right around $3k for a 10 year old 90hp Johnson that looked in great shape, didn't compression test it because I was just "kicking tires", but it was clean. That was about a month ago.
My thoughts were I'd run the Merc for as long as possible, sell the 18 hp kicker and try to pick a decent used engine for around $1800-$2500.
Matt
Taylor posted 06-12-2002 02:56 PM ET (US)     Profile for Taylor  Send Email to Taylor     
Exactly, good boat to repower, but it needs to come in at $5000 max to make that worthwhile.

It turns out that the owner is convinced he has a mid 1990's 18HP kicker and its worth $1700. Nothing we can find substantiates that. He put a few thousand into an engine rebuild and seems to want it back, so he's asking $6500 for the package, and he does not seem to want to deal, or pull the kicker off.

My friends are walking and I agree. Thanks Matt and Nick for your help.

Landlocked posted 06-12-2002 03:17 PM ET (US)     Profile for Landlocked  Send Email to Landlocked     
The answer to the original question is "priceless" :)
Taylor posted 06-12-2002 03:42 PM ET (US)     Profile for Taylor  Send Email to Taylor     
You got that right. I really thought they were going to reach an agreement.
Bigshot posted 06-12-2002 03:44 PM ET (US)     Profile for Bigshot  Send Email to Bigshot     
next time you have a question on years....get the serial numbers and I can run them. $6500 for a 25 year old boat & motor.......HAH! That makes my 89/02 package worth about $15k. That 18 is worth $1700 NEW....not used. If a mint say 1985 18 it would still fetch around $800+, too much hp & wt for a kicker.
Matthew posted 06-12-2002 07:06 PM ET (US)     Profile for Matthew  Send Email to Matthew     
Taylor,
Sorry that it didn't work out. That hull is in good shape, but those engines were a bit shaky.
It seems that the prices people are asking for Whalers in the Northwest are higher than the national average. I saw a Montauk for sale in Snoqualmie that was in much rougher shape and the ask was close to $10k-- it sold in around a week.
Keep looking,
Matt
Tom W Clark posted 06-13-2002 01:52 AM ET (US)     Profile for Tom W Clark  Send Email to Tom W Clark     
The fact that this boat has been for sale for a while and the owner is not actively advertising it in any of the usual places indicates to me he is not too serious or realistic about what he's going to get for it.

If he thinks the kicker is worth that much then he should sell it separately. It is not really the appropriate kicker for a Montauk anyway.

A 1977 Mercury 85 without T&T is, well, just about worthless whether it runs or not. Ask yourself what you could sell that motor for in the Seattle Times. Something, yes. But not much.

If it's a 1977 EZ Loader trailer then I would bet it's not galvanized. Even if it is, an EZ Loader of that vintage is one of my least favorite trailers for a Whaler.

Regarding boat prices in general, remember there are pretty substantial regional differences. For boats themselves I would say a boat in Seattle will cost about 50% more than the same one in Florida. Florida just seems to be the place to get a good deal. If you really want to pay more go up to Alaska! Transportation costs are a big factor here I think.

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