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  Value of Montauk and what questions to ask seller

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Author Topic:   Value of Montauk and what questions to ask seller
gakirby posted 06-25-2009 07:56 PM ET (US)   Profile for gakirby   Send Email to gakirby  
Hi,

I found this 1987 Montauk with a 90HP EFTL Yamaha also from 1987, and it's finally one that's close enough to me and priced decently. I was wondering what people on this site would think it should sell for. It is listed for $5999.

Also I need to know what I should be looking for in a boat like this and with an engine thats over 20 years old. Any suggestions would be appreciated. I already asked for mechanics records which the seller did not have. He did say this though:

"It takes a couple minutes to warmup if it has been a while since it
has been started. The impella and the driveshaft were replaced five
years ago. The ignition coils and spark plug were replaced last season
as well a the fuel pump."

This is the photo gallery for the boat:
http://homepage.mac.com/rjahncke/1987%20Boston%20Whaler%20Montauk%2017/index.html

Thanks in advance.

gakirby posted 06-25-2009 07:58 PM ET (US)     Profile for gakirby  Send Email to gakirby     
I wanna clarify that it's actually an ETLH engine, the seller has it incorrectly listed but this image clarifies it,
http://homepage.mac.com/rjahncke/1987%20Boston%20Whaler%20Montauk%2017/large-56.html
bkovak posted 06-25-2009 08:13 PM ET (US)     Profile for bkovak  Send Email to bkovak     
Honestly, If the motor is in good running condition and the hull looks as good up close as in the pictures, it is probably worth close to the asking price. I would compression test the motor and/or ask for a test ride. You could offer $5,000 and see what he says but don't wait too long. It's boating season and summer vacation time. Classic Montauks in good shape for around $5K don't last long. Brian
HAPPYJIM posted 06-25-2009 08:17 PM ET (US)     Profile for HAPPYJIM  Send Email to HAPPYJIM     
Looks like a good boat for the money. Typical bumps and bruises for a 1987 hull. I can't figure out where it is that had filler slapped on it but that didn't look like a big deal either. Warm-up of 2 strokes to run good is right.

Read through this and then go and talk with money in hand.
Start at 5K and maybe you can split the difference at $5500. It's a buyers market right now but I don't think this one will last long if it is a true New England boat with not a whole lot of use. Water test it before exchanging money.

http://continuouswave.com/whaler/reference/buying.html

Jeff posted 06-25-2009 08:52 PM ET (US)     Profile for Jeff  Send Email to Jeff     
gakirby,

Here is a link to a list of questions I put together that I typically ask when I am calling on a boat (towards the bottom). Also at the bottom of the page is an inspection check list you can download to survey the boat in person.
http://sites.google.com/site/rohlfingswhalersite/Home

Honestly, I would disagree that the boat is in good condition. It looks used and abused. For not much more money you can find a much cleaner boat. Trying to make a beat up $5000 boat as nice as a $8000 turn key boat takes a lot more than $3000 in the end. So spend the money and get something you will be happier with. If you are looking for a boat to use just and not worry about beating on this "may" be a hull to consider. If you want a nice Montauk to use and show off a bit find another boat.

Things I see in the images that are a concern:
Lots of poorly fixed gelcoat damage.
Lots of crazing all over and especially in the nonskid area.
Unused unseal screw holes.
The trailer is under sized for the boat.
Picture #61 Shows missing drain tubes exposing the wood of the transom.
Picture #60 shows a drain tube that I am sure is failed
Picture #57 shows crystallized sea water at the bottom of the block which could be from a leaking head gasket.
Picture#56 shows the Transom is delaminating
There are multiple images of the bottom showing scraps long the keel. If the hull has been cared for like this who knows what damage is being hidden by layes of bottom paint.

I personally would not walk away from this boat, I would run.

merc125 posted 06-25-2009 08:57 PM ET (US)     Profile for merc125  Send Email to merc125     
5 years since the lower unit has been down on a 1987 salt water use motor? I would be worried about getting it apart for the new water pump that is due.
Look at pic #31, the gelcote on the floor looks terrible.
The slapped on filler suggests that any recent work hasn't been the best. I don't think its water ready. MartyD
Jeff posted 06-25-2009 09:11 PM ET (US)     Profile for Jeff  Send Email to Jeff     
Here is just one example of what just a bit more money can buy in your area.

BlackDuck's 17:
http://www.blackduckgallery.com/bostonwhalermontauk/

stayinstrewn posted 06-25-2009 09:22 PM ET (US)     Profile for stayinstrewn  Send Email to stayinstrewn     
i remember seeing that on CL move from 6999 to 5999....seemed interesting to move that much in a week....either pay more now, or pay more later...either way, 10-12k should get you a nice montauk
Jeff posted 06-25-2009 09:37 PM ET (US)     Profile for Jeff  Send Email to Jeff     
In Today's market you may be able to find a 170 Montauk for the 12k range. There are a number of classics out there that are really nice for under $9K

More...These are Freshwater boats as well
http://continuouswave.com/ubb/Forum2/HTML/017668.html - Still forsale

http://continuouswave.com/ubb/Forum2/HTML/017709.html - Sold

Here was one Sal got in the NYC Metro.....
http://continuouswave.com/ubb/Forum1/HTML/017755.html

Bottom line. There are better boats out there. Keep looking. In the end the boat you are looking at will cost you well more than the asking price.

HAPPYJIM posted 06-25-2009 09:39 PM ET (US)     Profile for HAPPYJIM  Send Email to HAPPYJIM     
It really depends on what your intentions for the boat are. If you are looking for a cream puff, Jeff is right, spend a few grand more and find a boat that you can show off with. If you are looking to spend 5K on a boat to go fishing and have a good time without spending more, this may be the one. If you have time to travel up to say 500 miles looking at boats, wait and see what pops up. There is always a better deal somewhere to be found. We are into boating season for maybe another 4 more months in your area? If this boat fits the bill to use right now, I would not run from it without at least looking at it.

Who knows....the guy might be hurting for a morgage payment and take 4K for it if you have cash.

gakirby posted 06-25-2009 10:56 PM ET (US)     Profile for gakirby  Send Email to gakirby     
I'm really impressed by the number of responses I've gotten to my post already. A big thanks to everyone who has replied. I think I'm going to check it out but I'm going to be really critical of the boat, and will pay special attention to those things Jeff pointed out.

Thought I'd love to get a "cream puff" as HAPPYJIM calls them, I'm pretty sure those are out of my price range. I'm currently a college student looking to put about 5000 into this boat and have another, much smaller amount subsidized by my parents until I can pay them back. Because of this I really can't drive 500 miles for example to check out boats, I'm mainly limited to what I can find in southern New England and Long Island. My main uses for this boat are going to be traveling up and down the CT River as well as in Long Island Sound. I do plan on doing some fishing but mostly just enjoying the water. Granted I want a solid boat that I can still be proud of while I make periodic repairs I can afford.

I'm going to ask the seller why he is selling it and ask if we wouldn't mind showing me how the boat performs on the water. I understand the concerns everyone has posted but I'd hate to pass up the boat if the pictures aren't doing it justice. A few pricier alternatives I found a reasonable distance from me are the following:

http://boston.craigslist.org/sob/boa/1238071600.html
http://boston.craigslist.org/gbs/boa/1237655472.html
(the second doesn't look nearly as cared for and the 60HP engine may be disappointing)

ejulius posted 06-26-2009 06:14 AM ET (US)     Profile for ejulius  Send Email to ejulius     
I have a boat that may be of interest to you. I repowered my Montauk this year which left me with a perfectly running 1989 Yamaha 90 that I have owned since new. I found a Montauk hull that needed some work and bought it with the intent of fixing it up and matimg it the Yamaha. Too many boats and not enough time so I am looking to sell both. Should be a nice rig without too much work. Located in Stonington, CT. Too many details for here. Email me at ejulius@snet.net or call cell at 860-235-6334 for more information if interested.
witsendfl posted 06-26-2009 07:48 AM ET (US)     Profile for witsendfl  Send Email to witsendfl     
ejulius

Email the buyer direct. Then post it. That wya you
know he has your info

gakirby@gmail.com

witsendfl

Jim K

Blackduck posted 06-26-2009 11:48 AM ET (US)     Profile for Blackduck  Send Email to Blackduck     
I agree with Jeff and the others on this boat, to bring it back to good condition, a LOT of labor and parts money will be required. I've been there, the price is tempting, assuming you could get it for $5000, but it is not worth your time and money. The engine could be a problem, then you have just paid $5000 for a beat boat and crappy trailer. This is a buyers market, keep looking. I made the same mistake a number of years ago, when I bought the boat Jeff linked, I worked for two years at $0 labor, and still lost money on the parts and supplies. However, on the plus side, I learned a lot about these boats, and enjoyed most of the work involved. This boat would be tempting to me at $3000, and I'd bet a regret paying that much-
Tohsgib posted 06-26-2009 11:55 AM ET (US)     Profile for Tohsgib  Send Email to Tohsgib     
$3k...at that price I would buy a dozen of them. She is a bit rough but for $5k it could work.
Blackduck posted 06-26-2009 12:16 PM ET (US)     Profile for Blackduck  Send Email to Blackduck     
Nick, I didn't mean to imply that I thought you could buy this boat for $3000, but that is the price I'd need to have offered to me, after fixing up one just like her. I guess what I'm trying to say to the poster, is to let someone else do the work, and buy it for a little more than this, rather than working for free, like all of us here do from mistake to mistake.
RMS posted 06-26-2009 01:04 PM ET (US)     Profile for RMS  Send Email to RMS     
A lot of good comments already - I think it's a little too rough for your current needs. The green line looks to be delaminating, there is no zinc on the engine bracket, and the tilt/trim looks very rusty form what little I can see. I just sold my 1989 Yamaha 90hp engine that I owned for 10 years. These engines corrode pretty badly. I needed a new lower unit, tilt/trim, and some other parts. Bob
Jeff posted 06-26-2009 02:04 PM ET (US)     Profile for Jeff  Send Email to Jeff     
Gakirby,

I sent you an email with 2 17 Newports in your area that are listed under $5k

I have owned both a Montauk and a Newport. I actually like how the Newport is laid out better than the Montauk. Also you could remove the Newport Console and install a Montauk one and you would have the best of both worlds.

bloller posted 06-26-2009 04:58 PM ET (US)     Profile for bloller  Send Email to bloller     
It's a Whaler. Take it for a test ride and if the motor runs strong buy it. A 1987 Whaler has a lot of life left in it. The motor is really the important part. For $5000 you can run it until the motor dies and still repower it and have less than $10000 in it.
gakirby posted 06-26-2009 05:54 PM ET (US)     Profile for gakirby  Send Email to gakirby     
A big thanks to everyone who's responded. The delamination appears to be a huge concern of everyone so I think I might walk away from this whaler without even checking it out. Thanks for the emails, Julius and Jeff.
JLW posted 06-26-2009 09:45 PM ET (US)     Profile for JLW  Send Email to JLW     
gakirby,I just sold my 1984 Montauk 17' with a 2000 90hp evinrude and very good galvanized Sportsman trailer for 6000 including color fishfinder and GPS.The boat would rate 8-9 on scale of 10. You would be very dissappointed if you were able to compare these two boats against each other. Keep lookin.JLW
superdave_gv posted 06-27-2009 07:45 AM ET (US)     Profile for superdave_gv  Send Email to superdave_gv     

Pretty impressive sleuthing provided from folks far away. Some of those details were barely visible in the photos. Great community!
Blackduck posted 06-30-2009 12:11 PM ET (US)     Profile for Blackduck  Send Email to Blackduck     
This is a good looking boat, 1987 Montauk, but it's in MN 612 865 3585 ask for Harry
gakirby posted 07-01-2009 11:03 PM ET (US)     Profile for gakirby  Send Email to gakirby     
I assume you're talking about this one: http://minneapolis.craigslist.org/boa/1242095321.html , it's a shame it's so far away. I feel like deals like that are harder to come by in New England.
Gep posted 07-02-2009 01:56 PM ET (US)     Profile for Gep  Send Email to Gep     
gakirby,
I actually looked at this one for Jeff.
Contact Jeff for more info.

Mike

Dan posted 07-03-2009 08:41 AM ET (US)     Profile for Dan  Send Email to Dan     
I agree with Blackduck, I immediately thought 3K. I've owned 2 Montauks, and parts, repairs, labor, getting correct trailer ad up really fast. At 5K you could have 9K in it before you know it. I would drive to Minneapolis for that beautiful Montauk at $7,300. Maybe owner would take a few hundred less to cover your travel. Freshwater boat, second owner, unpainted hull, valuable Mills canvas and mooring cover worth 2K alone (you could sell these to make back some of cost), looks like a Holesclaw trailer -- many people rave about these, metal gas tanks, unmolested console. 12 hours each way to Minneapolis is a lot easier than 100's of hours repairing the boat for 5.5K. Plus 12 hours of seeing that Montauk in your rear view mirror would be mighty nice.

Here's a very nice boat on Long Island: http://longisland.craigslist.org/boa/1246096325.html

I like to buy from owners who take pride in their boats. I think that says it all.

Blackduck posted 07-03-2009 11:23 AM ET (US)     Profile for Blackduck  Send Email to Blackduck     
I can't believe the Minneapolis Montauk hasn't sold. I sold mine in a couple of days, $7000, This boat is worth way more. Maybe we are missing something, blistering on the hull, engine won't start? My guess is the boats fine, it's the economy.
Blackduck posted 07-03-2009 04:41 PM ET (US)     Profile for Blackduck  Send Email to Blackduck     
The boat that Dan links on Long Island, also looks like a great boat for the money, and is a lot closer. longisland.craigslist.org/boa/1246096325.html
Sal A posted 07-03-2009 04:54 PM ET (US)     Profile for Sal A    
http://bhweb.com/ubbthreads/ubbthreads.php?ubb=showflat&Number=98976& PHPSESSID=705e0cdadcaa601a697a212987931d92#Post98976

$2,000 and great for a student

Jessielove posted 07-04-2009 08:17 AM ET (US)     Profile for Jessielove  Send Email to Jessielove     
The Long Island boat sold 7/3/3009. He had it on E-bay. and had nearly reached his asking price with 3 days left on the sale. Someone probably contacted him and offered the asking price and he accepted and closed the auction early.
gakirby posted 07-05-2009 03:51 PM ET (US)     Profile for gakirby  Send Email to gakirby     
Minneapolis is actually a 42 hour round trip for me, so that's a bit much. I didn't get to see the Long Island boat since I've been gone for a while sailing on Block Island but right now I'm talking to the owner of this boat, and right now it looks promising.

http://boston.craigslist.org/nos/boa/1250737033.html

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