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Opinion: 1987 18' outrage
|Author||Topic: Opinion: 1987 18' outrage|
posted 04-07-2009 08:40 PM ET (US)
Hey guys hopefully you can help me. My 74 year old father is trying to sell his 1987 outrage. He is the second owner, his best friend was the first who used it once and got in a fatal accident on a bike. It has never been in salt water and only rarely in fresh. He is very anal and has kept it spotless. It is stored inside with a cover on it and a cover to keep the cover clean. It has a dual wheel painted trailer that is in good shape. The engines are a 1988 150 Johnson, and a 1988 25 horse yamaha. Both motors are started and run to keep the seals lubed on a regular basis. The boat had a professional check up 2 years ago. This boat has had minimal use and is always cared for. He even runs all the gas out of the carbs after he uses the boat. It is located in the desert so moisture has never been a problem. It has never been redone in any way, since it has been pampered it's entire life. My dad would like 15,000 and his neighbor would like to buy it but wants a appraisal. Dad has no problem with that but there is no one qualified where he lives in western Colorado. You guys probably see more whalers than any one else so would appreciate your opinions. I don't know how to post pictures but if you need them I will happily send you them. Any questions just ask. Thank you in advance.
posted 04-07-2009 09:05 PM ET (US)
If you would like to send the images to jrohlfing at gmail dot com (you know how to put it together) I would be happy to get them up for you.
posted 04-07-2009 09:06 PM ET (US)
It sounds like you might have a rare commodity, a late 1980's 18' Outrage in great condition. Good luck! I'm not going to speculate on a price, there are others more qualified than me on this board to do that but I'll give you a suggestion to get baseline to what's out there in your boat size. Go to websites like boattraderonline.com and search for an 18' Outrage. You'll see prices all over the place but take a good look at the pictures and then compare them to your boat. I'm going to go out on a limb and say yours would be in much better shape then the others.
Good luck with the sale.
posted 04-08-2009 08:23 AM ET (US)
I remember this boat being discussed in this forum several years ago.
posted 04-08-2009 09:31 AM ET (US)
Ah yes Dan....The infamous Waterrat Thread. I still have images of the boat.
For 15 grand I personally think you neighbor is getting a hell of a deal. I bet others here would be willing to pay that if not maybe more.
posted 04-08-2009 11:07 AM ET (US)
I'm on the same page as Jeff -
If the boat is as described, your neighbor is getting a very good "good neighbor" discount. In a good economy, that boat would fetch a price in the high teens in a wealthy, boating community; and perhaps more in the West.
posted 04-08-2009 11:34 AM ET (US)
While I would agree that this a great boat, $15,000 in this market is a very good price for your father, and he should jump on the offer.
posted 04-08-2009 01:43 PM ET (US)
That is a beautiful boat and a unique circumstance for sure, but to be honest I would be hesitant to pay that much, primarily because that price is so much higher than other similar boats (for obvious reasons), but as soon as someone who uses it much owns it for a year or two it will get absolutely hammered by depreciation as it's value falls back in line with the market.
I suppose the other question to ask is why is it being purchased: as an investment then it isn't very good toy, but as a wonderful toy to enjoy regardless of cost, it is a nice setup!
posted 04-08-2009 06:11 PM ET (US)
Whoever buys it should donate it to the Smithsonian. That is a national treasure. ;)
posted 04-13-2009 08:55 PM ET (US)
Yes Dan this is that same water rat whaler. I remember you writing me a note asking about it. My father had it sold for 19K to a fellow from the east coast. Paid a 500 dollar deposit then his business took a dive in this depression. He had to back out at the last minute. It really is a perfect all original boat but Dad is just to old to keep polishing it. Thanks for the help. You guys make me wish I had the money to buy it just so I could keep talking to you about Boston Whalers.
posted 04-13-2009 09:01 PM ET (US)
Wow - that's quite a boat, and the fanciest trailer I've every seen. Never seen whitewalls on a trailer before.
posted 04-15-2009 08:53 AM ET (US)
I belive that Whalers in pristine shape command (and deserve) a premium over their "average" counterpart.
There really aren't very many 20+ year old boats in exceptional condition. To restore one takes a lot of time any money.
I disagree with aja's post to the extent that if the purchaser keeps it in exceptional condition when he goes to sell it, he too should get a premium.
While he's not selling, (at least not to my knowledge) do you really think any of LHG's Whalers would sell for less than a significant premium over the "market" price of similar models?
I think Jeff and Dave are correct that your neighbor is getting a great boat (and a great value) at $15K.
posted 04-17-2009 11:09 PM ET (US)
That is a beautiful outrage. I would suspect there are only a couple in that type of original mint condition.
Jay, you have the other one.
These are such wonderful American classics. I compare a mint 18 Outrage to things like a 63 split rear window Corvette. It is one of those most sought after classic Whaler models.
Terrific boat, go for it. 15K is a steal for one like that. Somethings are just worth the money.
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