he say's it's an open bow . and i would think there are seat's up there , so wouldn't that make it a Bow rider
maybe a fast one but can still be considered a bow rider ,
you no how it work's , same thing goes on for insurance . it's called loop-whole's .

QUESTION , so what make's a boat a performance boat ?
is it top end speed ?
and what would that speed need to be over to make it a high performance boat ?
so let just say anything over 60 mph is considered high performance and insurance rate's are almost double on these type's of boat's .
then you have the guy's that buy CC boat's that run 70 mph + and instead of calling them performance boat's the insurance guy say's it's a cc fish boat and you pay half price for insurance . this goe's on everyday , i guess it's like the glass is half empty or is it half full .
the reason for this i have been looking at different boat's some known performance boat's and other's that are cc " sleeper " boat's . they both run the same speed upper 70's but since the cc is not listed as a performance boat i can get a loan with 15 % down instead of 50% for the performance boat and when i check with my insurance guy same goes for that more then double for the so called performance boat even thow the 2 boat's run the same speed ?
so what make's a performance boat a performance boat ?

thank's
mike

The boatbuilders website and ads in various performance boat magazines are one way to get the answer.

By that logic sellers should just start calling 46 Skaters large fiberglass pontoon boats then getting loans should be easy.

I guess to the moral of this story is, if you are going to own a fast boat that makes thousands of horsepower and you can't even fish out of it or spend the night in it, you should just pay cash and not ask anyone to finance it or loan money on such a toy.

I would never make such a loan to someone, so why even think about asking anyone else to.

Technically, but most lender's loan policies are not that specific. It is really up to the loan officer to do their homework. Loans above a certain threshold should require some sort of collateral verification. If not, shame on the lender.

I would say hull plus brand plus HP. Somebody with a CC might go 70 but chances are they just fish and dont do wild and crazy crap(although I bet they do)

Does anyone know if you can even get a 20 yr performance boat loan in this day and age? If so what would the intrest rate be and how much money down is required or what % down?

So what kind of rates are you guys getting, I would love just to lower mine from the 7.25%

I hate that high of a rate.

6% for 12 years on a 2002 model.