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ContinuousWave: Whaler Marketplace
Montauk Price Advice
|Author||Topic: Montauk Price Advice|
posted 02-25-2008 02:56 PM ET (US)
I found an '88 17' Montauk with a '88 90HP Johnson and a '88 bunk trailer on Yachtworld for $10,500. Broker claims they buffed the hull out, replaced the thermometer and impeller on the motor. Is this price reasonable enough for me to take the 2 hour drive to take a look?
posted 02-25-2008 03:19 PM ET (US)
It really depends on condition, accessories, electronics, etc. However, for $10,500 for a 20 year old hull and 20 year old motor, that boat better be in excellent to "like new" condition. You should be able to pick up a good to very good condition 1980's hull with 1980's motor for $7,000 to $9,000.
Have him send you detailed pictures, but if its only in good to very good condition, it is certainly not worth the trip. Almost all boats on YachtWorld are "brokered" and the owner of this boat is probably trying to get about $8,000 for it after he pays the broker commission, etc. This further confirms the value is nowhere near $10,500.
If it was me, I would not waste my time with this boat unless you can get the broker to agree to $8,500 before you travel 2 hours each way to look at it.
Let us know how you make out and good luck!
posted 02-25-2008 03:40 PM ET (US)
I agree the price is high. Even $8500 is too much unless the boat is absolutely loaded.
posted 02-25-2008 03:47 PM ET (US)
This was my first post and I really appreciate your knowledge and guidance. Thanks fellas.
posted 02-25-2008 03:58 PM ET (US)
I agree with you newt. An $8,500 asking price may get me to go look at it, but its probably worth more like $7,500 range (plus or minus) with average equipment.
posted 02-25-2008 04:06 PM ET (US)
Your welcome mrmatt. By the way, if you are looking at the one in Orleans, MA I would be a little cautious if the broker is telling you he buffed out the hull since the pictures seem to be taken from a fiberglass repair shop. I'm not saying the boat had fiberglass repair work...but it should be checked out further.
posted 02-25-2008 10:11 PM ET (US)
Have you done a craigs list search for boats in your area? I saw a BW Montauk listed for $8k in Barington ...
Does it have to be BW and are you willing to travel a little bit for a boat? You can widen your search into Mass/Maine/Connecticut etc.
posted 02-26-2008 12:03 AM ET (US)
The price is high even, for out here San Francisco Area. I would first look on craigslist in big cities around differnet areas. I bought a '87 striper out of portland or. for $6500. I spent the money and flew up for the day. They took me out in the boat did a copression test in front of me. I paid for it. Drove up two weeks later and picked it up then resold it $8500 down in San Francisco. This boat was super clean. Check the prices of flights around different cities then look in those places. You just might find a needle in a hay stack
posted 02-26-2008 01:23 PM ET (US)
I sold my 1982 Montauk with 1982 Evinrude 90 in August 2006 for $10,000. I know of at least a couple of others that have sold in the $10,000+ range. I bought the Montauk in 1992 for $8,000. The asking price, when I first saw it in person, I gave the guy what he was asking, because I didn't want anyone else but me to have it. You may have to act quick.
If you find a Montauk in very nice condition with good power(even if old) it is not unheard of to see that kind of price on them. Everyone, including me, is trying to get as good a deal as possible when buying their Whaler. All you can do is let your reasons why be known, and offer less and let the chips fall where they may.
There are a lot of questions to be asked,Is the hull in excellent condition, is it a 100% fresh water boat, has it always been stored inside, etc, etc, here is a link for a prospective buyer to use when searching for a Whaler.
Depending on your financial means and how bad you want it, the price for you might be $10,000 if thats the sellers absolute price, or less if it's not....I wish you good luck....
posted 02-26-2008 04:42 PM ET (US)
Fixed link: (may have been cut and paste of something already hyperlinked by code - happened to me as well one time when I added the [url] [/url] to the cut and pasted link)
posted 02-26-2008 04:43 PM ET (US)
Well, maybe I didn't fix it... interesting.
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