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ContinuousWave: The Whaler GAM or General Area
Looking at a Montauk
|Author||Topic: Looking at a Montauk|
posted 07-02-2002 10:08 AM ET (US)
I'm looking at an 88 Montauk with an 89 Yamaha 90. It spends it's summers in a slip in salt water and the bottom is painted. It looks from the pictures to be in good shape. The asking price is $10000.00. The NADA guide puts a value of about $6000.00 on boat motor and trailer however it seems that all the late 80's Montauks I see advertised are in the $10k-$12.5k range. Are the NADA guidlines totally irrelevant when it comes to these boats? I am wondering if I should drive th 350 miles to check this boat out or if I should be patient.
posted 07-02-2002 10:38 AM ET (US)
In my opinion the NADA guide does not factor in the premium price that used Whalers bring.
The guide works well for most boats, but Whalers and Whaler owners are unique thus the higher asking price and the higher price we are willing to pay.
It's called love.
posted 07-02-2002 01:44 PM ET (US)
My opinion is that is a bit steep for an 88 with an 89 engine.....but it could be an absolute garage kept museum piece and $10k is cheap. On AVERAGE I would say a late 80's package in very nice condition is in the $8500 range. Being it is $10k a $9k buy is not out of the question and in the relm of Average....cabeesh?
posted 07-02-2002 05:14 PM ET (US)
Sounds about right to me as well. Mark
posted 07-02-2002 05:40 PM ET (US)
I agree with Bigshot, it seems a little steep. I have seen 2 Montauks deals in my area ($6,500 and $7,500) in the last few months; prices in Calif. seem to be higher than elsewhere (around $10,000.00) and they are rather rare here. Electronics and other goodies may make up the difference, but there are great deals out there if you are patient.
posted 07-02-2002 05:40 PM ET (US)
VT - that price would be high in our area, but I've noticed that Whalers seem to bring more $ in the northeast. I believe that boat would be more in the range of 6K to 8K in our area. As the other guys have said if its not banged up and drilled full of holes it could be worth the price.
posted 07-02-2002 09:26 PM ET (US)
A few months back I checked with my insurance company to determine what they would pay me if my '84 Montauk and '84 90HP Evinrude were stolen.(They don't insure the trailer) The answer surprised me. They said the value of the boat was about $5500 but the engine was only valued at $800.
Apparently the low value in the standard price books are not due to the value of the old Montauks but of the old engines !
posted 07-03-2002 06:53 AM ET (US)
You and I are in the same boat. I have also been searching the classifieds for MA, NH, ME, RI, CT for a used Montauk, and believe I was emailed the pictures that of the same boat you are looking at. That boat looks mint, and maybe if he came down on his price a little it would be worth a drive down.
What I have found so far is that the deals on used montauks are not in the North East (compared to the deals reported on this site), or you better be ready to jump when you see an ad. The ones I have looked at so far were:
84 Montauk, 93 Yammie 90. Hull was OK, but plenty of dings and scrapes on the underside. Console was held together with duct tape. Bow rails were loose. No seats whatsoever (including pilot seat), no cushions, canvas, or other accessories, and 1 six gal plastic gas tank. He was asking $8900.
The next one was a '73 Cohasset in beautiful condition, mint, wi '84 70 hp johnson - no tilt. He wanted $8200, pretty firm. Nice boat, but not worth it to me considering the power.
AlL the 1980's packages that I have seen in the $8000 range have sold too quickly. I am starting to think that 9-10k is what you need to pay if time is of the essence.
I was thinking of looking at the one you are asking about, but I really could do without the bottom paint. I'll call him up and offer 8k, site unseen, then you can go down and offer $8500 and walk away with it. Then, tell everyone that you paid $7000. Now thats a deal!
posted 07-03-2002 06:59 AM ET (US)
I believe Woodard Marine on Lake Bomoseen, Vt. still has two 2001 leftovers one without a motor that he is willing to make great deals on. Classic style montauk.
posted 07-03-2002 09:31 AM ET (US)
Thanks for the feedback. The boat I'm looking at does look mint except for the bottom paint. The trailer is a 2001. I get the impression from talking to the guy that it is well maintained. He says it has NO holes drilled in it at all. I think I'm going to make the trip tommorrow. My buddies inlaws live near there and we been invited out fishing Friday morning so the drive won't be for nothing.
Tabasco, I called Woodard Marine this morning and they had sold the Montauk without the motor yesterday for under $10k. I would have been real interested in that as I have a 95 Evinrude 90h that would have looked real nice on that hull. I would have called them 2 weeks ago had I Known they were a BW dealer. The dealer locator on the BW website is useless. You have to put in a zipcode for every area you wish to search. Be nice if they would list all the dealers ina any given state.
Newt, that sounds like a plan. I'm not crazy about that bottom paint either but the rest of it looks pretty nice. I'll post the details when I get back.
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