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Value of a clean '15 hull??
|Author||Topic: Value of a clean '15 hull??|
posted 11-20-2008 08:46 PM ET (US)
With the economy the way it is, and all this talk about people dumping boats off cheap, I've been casually looking at '15 whalers for sale threw craigslist ect.... I've wanted one since the first time I saw one in person, they don't pop up for sale all that often near me and the few that I have looked at for whatever reason didn't work out.
When I say I want one... I just want one. I don't need one. We have a Montauk that I only used three times this summer... so I'm not exactly in a jam for something to use in the spring.. she's put away for winter and water ready as soon as springs here.
I've come across 15-sport... the seller has owned it for over 15 years,, he claims both the hull and 70hp Johnson are 1972...clearly the seller has the year wrong. I've seen pictures of the rig,, although they are hollirable quality they show a complete 15-sport, siderails and high bowrail.. no bottom painted covered in dust in a barn, with original trailer and interior,, has a bow mounted trolling motor, a sun top screwed into the gunnels,, and some swivel seats mounted to the benches. Apparently its seen very little use.... the vanish looks original and not weathered too badly. He only used the boat twice a year since he's had it, not at all for the last few, always kept in his barn. From what I've been told and the pictures the hull and original gel coat should be in to excellent condition.
He's asking $4300 for the boat... its almost four hours away from me so If I'm going that far I want to come back with something. I'm crunching numbers trying to figure out what it will cost me to get it water ready.... I'd like to repower with a new, or newer engine.. four stroke if possible. I would also change the seating arrangement and make it into a center console. The way I see it she'd be a 8k+ package when water ready if I pay close to his asking price..... will a '15 be worth that much? When I look at it that way I feel like I'd be better off spending that kind of money up front for something thats already been repowered.. no?
How little could I offer this guy without insulting him? This is the first ‘15 hull I’ve found in nice unbottom painted condition within driving distance of me in a long time. I’m so temped to get a chunk of cash and hit the road but I’m having a hard time justifieing the costs,, I understand that boats arn’t an investment but jeeze....
posted 11-20-2008 11:46 PM ET (US)
If the engine runs and the hull is in great condition, this would be a great price in Southern California. In my neck of the woods, most 15's run from 4-8K depending on condition.
posted 11-21-2008 06:35 AM ET (US)
I saw that one too, and if I hadn't just bought a 15 myself I'd be looking into it seriously. I'd probably try to get some better pics before making the drive. Having been looking around for a while, I would say that if the trolling motor installation is the only "improvement" that needs to be fixed, it's a pretty good price. You could probably sell it in the spring for a bit more; I don't think you're going to be making a ton on it.
From looking around (a lot) I would put the price of a truly mint-condition 15 hull between 4 and $5K, in New England. Then you put a $8K motor on it and the whole rig is worth $9K:-).
posted 11-21-2008 07:08 AM ET (US)
Ryan, I think I will have to agree with Tim. I'm pretty sure I have close to 12K into my 1982, with a 2005 F60, and roughly 400 hours. She's still pretty mint but I have no idea what it would be worth today.
$2400 1982, crap galvanized trailer and 1982 Johnson 70 which lasted 2 or 3 seasons.
2005 F60 almost $7500 complete, $225 jack plate, $1325 2005 aluminum trailer, heavy compound and wax int. and ext., filled every unused hole, $415 custom aluminum fuel tank, $75 Racor seperator, complete mahogoney interior completed myself, complete rewire, new bow light/chock and new battery. Just about everything but the rub rail. Oh yeah, $650 Garmin 545s.
Time (unknown hours, but A LOT!) and materials (inherited wood shop and all Mahogoney).
Don't really want to know what I'm going to have in the 1988 when she's complete, but with todays economy, I do feel a little ridiculous sometimes driving to the shop 29 miles each way for 5 or 6 hours of labor. The costs just never stop, and I'm usually at dealer cost! Last week, 8 bolts, 8 Nylock nuts, and 16 washers, all SS 316, almost $40 for jack plate and engine mounting alone! Gotta love it.
For New England, I'd keep the money in the bank for the Montauk, and find a friend with a 15. zotcha.
posted 11-21-2008 09:08 AM ET (US)
I wanted a 15' Sport and had looked off and on for a while.
I did some research on 15' models for sale listed on CW. You never know the selling price, but IIRC the average asking price was something like $6,300. Because condition varies so much. I did not differentiate at all between years, engines, models etc. Personally, condition is more important than age to me, and the hull is what I'm really after.
Last spring a 1976 15 Sport popped up on CW and I jumped. Excellent condition, no bottom paint. I bought it from the original owners who were genuinely nice people.
When I say "I jumped" I mean it. Called the sellers immediately and sent them a refundable deposit that day. I live in Utah and I drove to central TX to get it.
I think the classic 15 models are among the most popular models Whaler ever made. When a nice one comes up for sale at a reasonable price it won't be for sale long.
Interestingly, when doing my CW research I saw that several of CW's most respected members had at one point owned a 15.
posted 11-21-2008 10:57 AM ET (US)
I think it's probably a deal - and if the motor has so few hours, no need to replace it - just make any necessary repairs and enjoy one of the best small hulls Whaler ever made.
I've sorely missed my 15 from the moment I sold her...I regret that decision.
posted 11-21-2008 12:01 PM ET (US)
If you send me a pic I can tell you what year the engine is.
Those 70's are bulletproof. Clean the carbs, change the pump and go. leave it as a sport, if you want a CC, then look for a CC. You already have a Montauk so leave this one original.
posted 11-21-2008 03:03 PM ET (US)
I agree that it would be a shame to turn a mint Sport into a center console. The real CCs have the floor tunnel, and without it routing the steering etc. would be a challenge. Maybe I am just biased, having seen enough hack jobs over the last couple of months to make me cry. My favorite was the one with the John Deere seats - "more comfortable and cheaper than boat seats" was the ad copy.
posted 11-23-2008 08:09 PM ET (US)
I can't catch a break with this '15 search..... I found this one on local craigslist this morning, left a message.. called back a few hours later and someone had just left a deposit.
timeing is everything
posted 11-24-2008 08:43 AM ET (US)
Ryan, you didn't want that one - trust me. I looked at it a couple of weeks ago when it was first listed - the guy was asking $5000 at the time. Hull integrity was questionable due to some rod holders drilled into the rear quarters, with no place to drain except into the foam. Engine was junk. Significant spider cracking all over the interior floor, and the boat was filthy. I thought about offering him $1000, but decided it was not worth the trouble.
I agree with the need to jump quickly once you see the right boat - any luck with the one you originally posted? Like I said, I'd be on it like a cheap suit if I hadn't just bought one.
posted 11-24-2008 01:38 PM ET (US)
Well I'm glad to hear that, I didnt get out to look at it but the pictures and his description on the phone didn't match yours at all. I did notice those rod holders... thats too bad.
The engine on the one I orignally posted turned out to be like a '75,, and its four hours away. The trailer is in questionable condition for the trip home so I'll have to haul a car trailer with me to bring it back. I just havent had the time to spend a weekend on it but if its still aviable after thanksgiving I may check it out.
posted 11-24-2008 04:14 PM ET (US)
People do have very different opinions of what "in good shape" means. When I looked at it, the rod holders were full to the brim with water - hate to think what happened in the first freeze, or what was happening all last winter with it. There was a small chunk out of one of the sponsons that hadn't been patched, and the boat had clearly been used like that - it was not a big hole, but enough to let water into the foam. The motor might have run (I didn't have enough interest to try it) but the power trim unit disconnected and just dangling there, rusting, was a deterrent. Made me sad to look at the poor thing.
On the other hand, if someone who knows what they're doing picked it up, and there turns out to not be too much water intrusion, maybe it'll be a good boat.
posted 11-25-2008 03:07 PM ET (US)
I've owned a sport and a CC at different times. Both great boats, but the CC IMHO is the way to go. Rigging a sport as a CC is gonna leave you with a ridge down the middle of the boat or a cut-up deck. If the sport is in good shape, don't bastardize it .... there are CCs around.
posted 11-25-2008 03:14 PM ET (US)
Not close to home, but at a $3,000 ask price .... have the marina send pictures and then hire a surveyor and have it shipped or take a long weekend drive.
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