Re-Sale Value of 1985 MONTAUK 17 in Southern California

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Author Topic:   Re-Sale Value of 1985 MONTAUK 17 in Southern California

lizard posted 04-01-2010 10:06 AM ET (US)
Getting ready to sell, locally in southern California, a Montauk, HULL ONLY. That is, hull, original center console, original and restored RPS, bow and stern lighting, basic VHF and stereo, original rails. It will not include a trailer, cover, motor, etc.
The boat is probably an 8/10. I am looking for guidance as to a realistic selling price. There is minimal spidering on the deck, no soft spots in deck or hull, no wavy sides. All teak has been stripped clean and had 7 coats of teak oil last year.
Looking for good opinions on re-sale value of the hull and not looking for what you might do if you were trying to sell it, ie: re-power it, etc. Thank you.
lizard posted 04-01-2010 11:25 PM ET (US)
I can not believe that no one has offered an opinion. Perhaps I should put this question in the Whaler Marketplace, where it would certainly be heavily debated ad nauseaum, with the usual mud-slinging.
Please, your frank opinions.
Newtauk1 posted 04-02-2010 05:28 AM ET (US)
$3000-5000.
Working backwards a 1985 Montauk with power is worth $6000-9000.
Repowering new is on average $8000.
That would put the cost to the buyer at 11-13k if they powered new for the set up which I think is resonable.
I know if I were shopping I would prefer a hull only deal where I could put a new motor on and boat with confidence rather than buying a used motor on the hull.
lizard posted 04-02-2010 09:22 AM ET (US)
Given that there is no trailer, which would be around $1200-1500 for a used galvanized trailer, I was thinking around $2500 for the hull. One sold here recently, with trailer, tanks, marginal electronics, cover, teak needing oiling, for $3600, so I was trying to base it off of that. It sat for a while when they were asking $4000.
lizard posted 04-05-2010 10:22 AM ET (US)
I see this post has drawn little interest. I would really appreciate some input, I need to make some decisions early this week.
Please feel free to be specific. Thanks.
elaelap posted 04-05-2010 11:04 AM ET (US)
I sense your frustration with the lack of response to this topic, liz. It's tough to evaluate a boat without photos, and even then very iffy, because as we all know, digital photos lie (usually in a positive fashion). No trailer? Does that mean that the boat has been in the water for long periods of time? That could present a big problem for some potential buyers, especially if no bottom paint. If it's truly an "eight", I suppose a classic Montauk hull from the mid-'eighties, sans motor and trailer, would be worth somewhere in the range of $3-4,000 on the west coast. I was in the market for one last year, and would have jumped at yours then because it would have allowed me to set it up just as I wished: new galvanized trailer (~$1,500), new Yamaha F70, Suzuki DF70 or E-TEC 90 (~$7-10K, depending, rigged with controls), and modest but essential electronics (~$1,000). So if I paid three grand for your hull, I'd be looking at a very sweet, almost like-new classic Montauk on a new trailer for something like what?, $12-14,5K. Obviously the huge bite is the motor, or lack thereof, but there's nothing like a brand new motor, which one breaks in him/herself and uses carefully from day one, for feelings of security on the water.
Others might take a sweet hull like yours and bolt on a fine-condition used motor, find themselves a decent used trailer, and be out on the water in one of Boston Whaler's finest for well under eight thousand bucks.
Anyway, too bad your boat wasn't available toward the end of last year...I probably would have bought it ;-) Actually, it's lucky for me that it wasn't, because I got a very fair deal on 'Amulet', the one I ended up with.
Tony
Fishmore posted 04-05-2010 11:33 AM ET (US)
Liz, Normally I would say 3000 - 3500 but in today's market you may be looking at 2500 and it might still sit.

elaelap posted 04-05-2010 11:41 AM ET (US)
One more thought: what is the situation with the lack of trailer? I think folks who might jump at the chance to buy a nice motorless Montauk and repower with their choice of outboards could be put off by the hassle of finding and fitting a trailer, new or used, especially if those potential buyers aren't local. I know I'd have thought twice about buying the otherwise-very-attractive boat way down there in San Diego, about 600 miles from my home, if I would have had to scurry around a find a trailer down there, or make two trips--the first to check out the boat personally and the second to pick it up with my own trailer. So just a thought: why not get some sort of trailer under the boat before you list it for sale? I think you could ask substantially more than the trailer cost you, and you'd have interest from other than local buyers.
Good luck with your sale, and I hope you'll let us know how it turns out.
Tony
lizard posted 04-05-2010 07:22 PM ET (US)
There is an appropriate, fitted trailer available, but it is not presently considered when determining the value of the hull, which is what I have been charged with doing. The boat has been trailered all of its life, which started in WA state, moved to LA, boughth by a guy in South Bay, who sold it to me 4+ yrs. ago.
Thanks to those who have opined, the more the better.
G
WT posted 04-05-2010 07:48 PM ET (US)
I think $2500 would work for some around Northern California. It would be perfect for the offshore types that want an easy to tow fish killing machine. I'd consider powering with twin 214 pound 50 HP Hondas. I wonder if Honda makes a counter rotating 50?
lizard posted 04-05-2010 11:50 PM ET (US)
Thanks Warren. It is an odd tale, but sometimes the sum of the pieces are actually worth more, and I think this is so, in this case. I was thinking $2500 as well.
We'll see what the rest of our Whaler companions have to add.
ratherwhalering posted 04-06-2010 01:02 AM ET (US)
$2500-$3500. If you have time to wait it out, you will find a buyer much like Tony who wants to re-power a classic and understands the value of the hull without the motor. You could probably add a $900 motor that runs fine and sell it for 8k. Most buyers want a boat that runs, not a project, so your market is limited to whaler enthusiasts 'cause not many 1st time buyers are looking for a re-power project. That said, if you let it hang around a while on craigslist and avoid the cherrypickers, you'll probably see a decent offer in the range I mentioned.
ratherwhalering posted 04-06-2010 01:07 AM ET (US)
I think $2500 for hull only would be a good deal for a buyer. What exactly is it missing? Steering cable, control box, control cable, wiring harness, sump cover, bow hatch, that stuff, of just the motor, trailer, and covers?
Ritzyrags posted 04-06-2010 04:41 AM ET (US)
It will be seen as a great opportunity for the person looking for a fun Whaler refit project.
There is absolutely no doubt that if you did live close by
I would pledge 2Ks for this next refit project.
I did respond to your kind and honest offering out of respect and in a straight up fashion.
Let's see if anyone else can give you an honest lead.
lizard posted 04-06-2010 10:43 AM ET (US)
Rob-
It has the throttle control, steering cable, wiring harness, original and restored teak bow/anchor hatch, etc. The motor was a loss while off of the boat, the trailer is separately insured. I need to determine the value of the hull, for insurance purposes and to decide if I am going to keep the hull and offset any monies due me through the insurance. The hull was not involved in any damage or loss.
Sorry if the original post was a bit vague. I was hoping to obtain value opinions without skewing the responses in any way.
pcrussell50 posted 04-06-2010 08:03 PM ET (US)
Your profile says you are in Milfrod, CT. Your post says you are selling "locally" in socal. Are you brokering this cross country from your home town in CT? If not, where in socal are you?
-Peter
lizard posted 04-06-2010 08:21 PM ET (US)
pcrussell50- the boat is in San Diego, we split our time between both coasts. We have upgraded to an Outrage 18 in San Diego. In Milford, we co-own a '93 Outrage 19. Will be on the West Coast for the Nor Cal rendevous May 21-23.
I may not be selling the Montauk, it depends on how the whole "hull value" plays out. Somehow, I am collecting more than I use and it is an illness, I suspect. I have noticed other members of this forum, like Jeff, Buckda, elaelap and SalA, who suffer from the same disease.
pcrussell50 posted 04-07-2010 12:17 AM ET (US)
San Diego? Sweet... my home town... well Carlsbad, actually.
I hear you on the urge to collect Whalers. Im finding myself ever more drawn to a classic 15... but really a 17 isn't -that- much bigger than a 15. :) At least that's what I would tell my wife, just before she lowers the boom. She will try to say that 2 Whalers, a fastboat, and a classic 1960 runabout, are too many boats for two people and an infant. Soo I look closely (but from juuust a safe distance), at classic 15's and a little less closely at 17 Montauks.
I love layovers in the Northeast in the spring and fall. Sounds like you do too.
-Peter
Jkcam posted 04-09-2010 04:59 PM ET (US)
$2000 maybe. Do the math on a build up. Whaler-Schamler it is still a 25 year old boat.
Fishcop posted 04-11-2010 03:45 PM ET (US)
FWIW, this boat just sold to my buddy for around $5K from a dealer (we pick it up this week). It is located in So-Cal. It was listed as a 1977, but is a mid 1980's Montauk with all the bells and whistles.
The motors are older with 900 hrs on the main. 1990 Galvanized trailer and all that other OEM stuff.
So figure the broker fees and tax+lic and you have an idea of what to expect for a private party sale.
Andy
Fishcop posted 04-11-2010 03:49 PM ET (US)
Oops....Here is the link
http://www.boattrader.com/find/listing/1977-BOSTON+WHALER-17+Montauk-96678985

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Author	Topic: Re-Sale Value of 1985 MONTAUK 17 in Southern California
lizard	posted 04-01-2010 10:06 AM ET (US) Getting ready to sell, locally in southern California, a Montauk, HULL ONLY. That is, hull, original center console, original and restored RPS, bow and stern lighting, basic VHF and stereo, original rails. It will not include a trailer, cover, motor, etc. The boat is probably an 8/10. I am looking for guidance as to a realistic selling price. There is minimal spidering on the deck, no soft spots in deck or hull, no wavy sides. All teak has been stripped clean and had 7 coats of teak oil last year. Looking for good opinions on re-sale value of the hull and not looking for what you might do if you were trying to sell it, ie: re-power it, etc. Thank you.
lizard	posted 04-01-2010 11:25 PM ET (US) I can not believe that no one has offered an opinion. Perhaps I should put this question in the Whaler Marketplace, where it would certainly be heavily debated ad nauseaum, with the usual mud-slinging. Please, your frank opinions.
Newtauk1	posted 04-02-2010 05:28 AM ET (US) $3000-5000. Working backwards a 1985 Montauk with power is worth $6000-9000. Repowering new is on average $8000. That would put the cost to the buyer at 11-13k if they powered new for the set up which I think is resonable. I know if I were shopping I would prefer a hull only deal where I could put a new motor on and boat with confidence rather than buying a used motor on the hull.
lizard	posted 04-02-2010 09:22 AM ET (US) Given that there is no trailer, which would be around $1200-1500 for a used galvanized trailer, I was thinking around $2500 for the hull. One sold here recently, with trailer, tanks, marginal electronics, cover, teak needing oiling, for $3600, so I was trying to base it off of that. It sat for a while when they were asking $4000.
lizard	posted 04-05-2010 10:22 AM ET (US) I see this post has drawn little interest. I would really appreciate some input, I need to make some decisions early this week. Please feel free to be specific. Thanks.
elaelap	posted 04-05-2010 11:04 AM ET (US) I sense your frustration with the lack of response to this topic, liz. It's tough to evaluate a boat without photos, and even then very iffy, because as we all know, digital photos lie (usually in a positive fashion). No trailer? Does that mean that the boat has been in the water for long periods of time? That could present a big problem for some potential buyers, especially if no bottom paint. If it's truly an "eight", I suppose a classic Montauk hull from the mid-'eighties, sans motor and trailer, would be worth somewhere in the range of $3-4,000 on the west coast. I was in the market for one last year, and would have jumped at yours then because it would have allowed me to set it up just as I wished: new galvanized trailer (~$1,500), new Yamaha F70, Suzuki DF70 or E-TEC 90 (~$7-10K, depending, rigged with controls), and modest but essential electronics (~$1,000). So if I paid three grand for your hull, I'd be looking at a very sweet, almost like-new classic Montauk on a new trailer for something like what?, $12-14,5K. Obviously the huge bite is the motor, or lack thereof, but there's nothing like a brand new motor, which one breaks in him/herself and uses carefully from day one, for feelings of security on the water. Others might take a sweet hull like yours and bolt on a fine-condition used motor, find themselves a decent used trailer, and be out on the water in one of Boston Whaler's finest for well under eight thousand bucks. Anyway, too bad your boat wasn't available toward the end of last year...I probably would have bought it ;-) Actually, it's lucky for me that it wasn't, because I got a very fair deal on 'Amulet', the one I ended up with. Tony
Fishmore	posted 04-05-2010 11:33 AM ET (US) Liz, Normally I would say 3000 - 3500 but in today's market you may be looking at 2500 and it might still sit.
elaelap	posted 04-05-2010 11:41 AM ET (US) One more thought: what is the situation with the lack of trailer? I think folks who might jump at the chance to buy a nice motorless Montauk and repower with their choice of outboards could be put off by the hassle of finding and fitting a trailer, new or used, especially if those potential buyers aren't local. I know I'd have thought twice about buying the otherwise-very-attractive boat way down there in San Diego, about 600 miles from my home, if I would have had to scurry around a find a trailer down there, or make two trips--the first to check out the boat personally and the second to pick it up with my own trailer. So just a thought: why not get some sort of trailer under the boat before you list it for sale? I think you could ask substantially more than the trailer cost you, and you'd have interest from other than local buyers. Good luck with your sale, and I hope you'll let us know how it turns out. Tony
lizard	posted 04-05-2010 07:22 PM ET (US) There is an appropriate, fitted trailer available, but it is not presently considered when determining the value of the hull, which is what I have been charged with doing. The boat has been trailered all of its life, which started in WA state, moved to LA, boughth by a guy in South Bay, who sold it to me 4+ yrs. ago. Thanks to those who have opined, the more the better. G
WT	posted 04-05-2010 07:48 PM ET (US) I think $2500 would work for some around Northern California. It would be perfect for the offshore types that want an easy to tow fish killing machine. I'd consider powering with twin 214 pound 50 HP Hondas. I wonder if Honda makes a counter rotating 50?
lizard	posted 04-05-2010 11:50 PM ET (US) Thanks Warren. It is an odd tale, but sometimes the sum of the pieces are actually worth more, and I think this is so, in this case. I was thinking $2500 as well. We'll see what the rest of our Whaler companions have to add.
ratherwhalering	posted 04-06-2010 01:02 AM ET (US) $2500-$3500. If you have time to wait it out, you will find a buyer much like Tony who wants to re-power a classic and understands the value of the hull without the motor. You could probably add a $900 motor that runs fine and sell it for 8k. Most buyers want a boat that runs, not a project, so your market is limited to whaler enthusiasts 'cause not many 1st time buyers are looking for a re-power project. That said, if you let it hang around a while on craigslist and avoid the cherrypickers, you'll probably see a decent offer in the range I mentioned.
ratherwhalering	posted 04-06-2010 01:07 AM ET (US) I think $2500 for hull only would be a good deal for a buyer. What exactly is it missing? Steering cable, control box, control cable, wiring harness, sump cover, bow hatch, that stuff, of just the motor, trailer, and covers?
Ritzyrags	posted 04-06-2010 04:41 AM ET (US) It will be seen as a great opportunity for the person looking for a fun Whaler refit project. There is absolutely no doubt that if you did live close by I would pledge 2Ks for this next refit project. I did respond to your kind and honest offering out of respect and in a straight up fashion. Let's see if anyone else can give you an honest lead.
lizard	posted 04-06-2010 10:43 AM ET (US) Rob- It has the throttle control, steering cable, wiring harness, original and restored teak bow/anchor hatch, etc. The motor was a loss while off of the boat, the trailer is separately insured. I need to determine the value of the hull, for insurance purposes and to decide if I am going to keep the hull and offset any monies due me through the insurance. The hull was not involved in any damage or loss. Sorry if the original post was a bit vague. I was hoping to obtain value opinions without skewing the responses in any way.
pcrussell50	posted 04-06-2010 08:03 PM ET (US) Your profile says you are in Milfrod, CT. Your post says you are selling "locally" in socal. Are you brokering this cross country from your home town in CT? If not, where in socal are you? -Peter
lizard	posted 04-06-2010 08:21 PM ET (US) pcrussell50- the boat is in San Diego, we split our time between both coasts. We have upgraded to an Outrage 18 in San Diego. In Milford, we co-own a '93 Outrage 19. Will be on the West Coast for the Nor Cal rendevous May 21-23. I may not be selling the Montauk, it depends on how the whole "hull value" plays out. Somehow, I am collecting more than I use and it is an illness, I suspect. I have noticed other members of this forum, like Jeff, Buckda, elaelap and SalA, who suffer from the same disease.
pcrussell50	posted 04-07-2010 12:17 AM ET (US) San Diego? Sweet... my home town... well Carlsbad, actually. I hear you on the urge to collect Whalers. Im finding myself ever more drawn to a classic 15... but really a 17 isn't -that- much bigger than a 15. :) At least that's what I would tell my wife, just before she lowers the boom. She will try to say that 2 Whalers, a fastboat, and a classic 1960 runabout, are too many boats for two people and an infant. Soo I look closely (but from juuust a safe distance), at classic 15's and a little less closely at 17 Montauks. I love layovers in the Northeast in the spring and fall. Sounds like you do too. -Peter
Jkcam	posted 04-09-2010 04:59 PM ET (US) $2000 maybe. Do the math on a build up. Whaler-Schamler it is still a 25 year old boat.
Fishcop	posted 04-11-2010 03:45 PM ET (US) FWIW, this boat just sold to my buddy for around $5K from a dealer (we pick it up this week). It is located in So-Cal. It was listed as a 1977, but is a mid 1980's Montauk with all the bells and whistles. The motors are older with 900 hrs on the main. 1990 Galvanized trailer and all that other OEM stuff. So figure the broker fees and tax+lic and you have an idea of what to expect for a private party sale. Andy
Fishcop	posted 04-11-2010 03:49 PM ET (US) Oops....Here is the link http://www.boattrader.com/find/listing/1977-BOSTON+WHALER-17+Montauk-96678985