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ContinuousWave: Post-Classic Whalers
170 Montauk, Used Boat Market Slump
|Author||Topic: 170 Montauk, Used Boat Market Slump|
posted 07-22-2006 08:17 AM ET (US)
This is not my boat but some other poor soul's:
Today's classified section of the local newspaper lists a 2003 170 Montauk, garage kept, for $12,000, sorry guys it also says it is sold.
Amazing low price. Doesn't mention 2 stroke or 4 stroke, doesn't really matter. The boat market is in a slump. Jim
posted 07-22-2006 08:52 AM ET (US)
Any slump wouldn't account for that price! There is either something wrong with it, or the price was set by someone who has no clue what it's worth. Sometimes you see the latter when the owner dies (or blows town) and the spouse is simply trying to dump it.
posted 07-23-2006 12:54 PM ET (US)
A 2004 Montauk 170 recently sold on Ebay for $17,500. Someone got a great deal on the one here.
posted 07-26-2006 11:29 PM ET (US)
Well I'd agree somewhat, I've been scouring the northeast for 6 months now and just picked up a 2005 170 for around 18k, so there are some deals to be had.
posted 07-26-2006 11:58 PM ET (US)
hopefully the slump will continue until I can afford a nice BW!
posted 07-28-2006 09:07 PM ET (US)
Seems to me there are a lot of people buying 170's and selling them a year or two later. They are a great boat, but I think people see them in a show room, have all kinds of plans, and then get out that first year and realize a center console utility boat is not for everyone.
With the high number of 1-2 year old 170's on the market, their price is not staying as high as other used Whalers. Frankly there is very little reason to go out and buy a new one of these with all the mint ones on the market and virtually no hours
posted 07-29-2006 09:45 AM ET (US)
I think this has been noted before, but it always amazes me that all the accessories that most used boats come with don't seem to add squat to the price you can get. My used Montauk had thousands of dollars of canvas, electronics, seating, etc and I don't think I paid much for it at all, having done a lot of comparative shopping. You could probably pay close to $30K if you loaded up a new one like that.
When they say Whaler depreciation is less than most boats, they are only talking about the base boat. Accessories depreciate like mad.
posted 07-30-2006 02:10 PM ET (US)
Perhaps after five years or so, with the price of new boats getting higher, the depreciation hit gets more tolerable. It's unrealistic to expect that a new boat sold within two years won't hurt your wallet. And swist's right- expensive accessories will add to the pain.
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