Lots of cats for sale cheep.
 

I've noticed more cats for sale than usual. Is it the insurance issue? Fuel tank update? Bunches of 1075 motors in them. I was thinking about one for my next boat but I don't want to be the last guy to own it. I have seen boats sitting for sale for what seems like a long time. Maybe I'm looking at it wrong.
Comments???

who wants to pay to rebuild them bad boys . cool 60 k no bigge .. nuts id sell too ..

Economy is good, people are upgrading. For most life is good right now.

Upgrading hmmmm? :whistle: any hints on what's next? Saw the 36 at the Shootout looks awesome.

Good economy ? I am not reaping the benefits of such a robust economony...but he is right there are alot of boat that have been forsale for years, and the catamarans just don't appear to be selling, I am on this site multiple time a day, everyday for the past 14 years, so I do notice.

For the current cat owners...

What is the insurance on say a stock merc power? Now this could be 500efi's to 1350's I know. But if some would like to share ballpark numbers of what they are paying it would be nice to know. There are some really good deals on cats and I have always been told they are difficult and expensive to insure.

Thanks

I think 1075s will be a nice peace in the future- they are a good platform, and the custom engine builders are doing a nice job with rebuilding and upgrading them.

especially cobra

Nice.

I know you gotta pay to play but damn that's gotta be a mean check to write!

First two years with no prior high performance time in a 40 Skater with Sterling 1100s. about $12,000/year with a layup from Labor Day to Memorial Day.

This year, my 3rd year.....$7,500 with no layup and 1/2 the deductible.

I paid $5500 for my Nortech and $12,000 for my Skater insurance... Not bragging, but I do have quite a bit of high-performance experience

^^^^^ every penny is worth it

Without a doubt. Indescribable feeling.

Which boats are you referring to? Post em up.

It also depends on your agent. I paid $600 per year on a 24 ft cat that ran close to 90 mph. I pay more for the Apache now that runs slower.

I think one of the reason we are seeing 1075 cats sitting for sale, is there is a small market for big cats, the 1350's have been out for a while now and they seem to be the popular motor. So the big cat ballers have upgraded to new boats with the merc turbos, which puts their 1075s on the market.

bwaahaahaaahahahhhaaaahahaaaahhaaaahahahahhahahahh a

What a b!tch. Buy your insurance for 12500 a year but for God sakes don't ever have a claim of any sort or you will never get it again. What a rip off!!!! When I bought my TG most insurance company's wouldn't even give me a quote just cause it has the name cigarette1 on the side of it can't imagine what they say when you tell them your running a cat at 120+. Have to give credit to Stacy at wakezone for hooking me up with a decent rate though

Search for a recent thread on the 46 Cig American Muscle II....It is a 1075 boat and absolutely beautiful but has had 5-6 owners since new (2006). 1075's aren't for the thin wallets or accountants because the costs add up quick. The 2nd owner and the last owner both have mentioned on here on how expensive they can be and even after big digit refreshes they still can eat money when something like exhaust fails.

The kick in the nuts is when the boat is in top shape you still can't get rid of it because everyone fears the costs associated with the 850/1075/1200s

Id buy a boat with 1075s in a heart beat. If they're fresh, its a great engine. If they're whooped you have a fantastic base to build bigger with. Win win.

I think these cats and other high dollar boats are sorta tough to sell for a couple reasons

Most actually require some serious money in refreshing, yes typical high performance maintanence but 50-100k worth gets expensive fast....

These boats are actually pretty large to store, tow, insure, etc.

So in reality what seems to be priced in person A's budget is actually to expensive So only person B can afford them which person B normally also can afford a newer, more expensive, and reliable boat.

I'll give you the final tally on parts for 2 of them.rebuilding after 1 engine broke a lifter at 125hrs.of course these engines have done the miles of the eastern sea board at 5500 to 6000rpm's.engines are in a 46 Outerlimits.

Being both an avid performance boater and a veteran Insurance Broker, any boat that does over 100mph is expensive to insure, relative to your budget of course. There are markets available to insure just about anyone in anything for enough premium. Common sense and experience are a huge part of the rating process. I've seen guys go from a wakeboard boat to a 130 mph skater with no experience. I'll turn them away because I know they are a claim waiting to happen. On the other hand I have others that have had fast boats for years and never ever had a claim.

Cats are faster, more efficient, and a blast, but has different characteristics from a V bottom. I strongly recommend the Tres Martin course for those getting into a boat bigger or faster. His course is expensive, but it could save your life. It also helps me to get you a better rate, so it pays for itself in a few years.

Technology with the newer engines is incredible. These newer engines are expensive but are extremely reliable compared to engines we all had 20 years ago. When you consider this fact, cost per hour to run is still relative.

For those thinking of buying a used Cat or a V call your Performance Boat Insurance Broker for a quote prior to purchase. Rate is largely based on the Individual as,well as the Boat.

It's the new fad, they are moving into CC's.....

For sure. It's crazy that the company that does all of our business and personal insurance won't touch a plan for the boat. Stacy @ wakezone hooked it up, thanks Stacy!

Geez, that's unbelievable. I pay $800/year to go 80mph. Seems like a helluva deal in context!

Those extra miles per hour on the top end sure are expensive....

thats why my boat only goes fifty ..

Yea, that is what I'm thinking. I was looking at skaters but coming from a Outerlimits with a 6 ft cabin with a bathroom in it, I think I would miss the amenities. The Nor Tech has a porta potty looking like scenario but thats at best. I just can't swallow those motor rebuilds every 100 hrs at 50 grand minimum. Then if you go with a new boat with 700s like that orange skater ( which is a great looking boat) its almost a half a million bucks. Yea, those CC's are looking better every minute.

Any chance you can say where you are paying $800 for 80mph. I am paying $1500 for 80mph.

It's the upgrade situation... Our used boat inventory is going up....because they are trade ins on new build boats... Our cat guys are not leaving for CCs... I just sold one of our MTI-V 42s to one of our customers that has an MTI 48... He wanted the CC, but you would have never gotten him to let go of the 48 cat... So he will have both:drool1:

It's easy Brian, buy a newer Outerlimits with mild power that goes fast with a full cabin. Give me a shout.

Ya, no problem. I was with Progressive at around $1500/year, but looked around and found All State to be half the price. It does help that I have my home and auto with them too though, although these are also a little bit cheaper than Progressive. All State's HP limit is 500 per side for twins (they don't do triples), and that's exactly what I have.

Less insurance I have to pay is more cash for upgrades, poker runs, and gas!

I hope the big guns keep upgrading - gives the little guys (like me) some hope of owning one of their discarded boats one day. I like to see it!!!

Be very careful with Allstate insurance, read through your policies carefully! You are probably not covered while towing. My agent lied on my application to push my policy through and I wouldnt have been covered based on my top speed (over 65mph). He listed my propulsion as single 575. Don't trust the agent read your policy! Also, if you paid in full don't expect to get any refunds on your unpaid portion if you switch companies. They kept 4 months of mine. I won't even go into how crappy the home owners coverage was. I called Stacy at wake zone it was a whole $200 more a year to actually have coverage not just a piece of paper that said I did with the wrong engines/speed and no coverage while towing.

You bastards spoiled me. Talk about setting the bar...

So true, keep up the good work OL!

Good to know, man. I'll make sure I'm in good shape!

+1! My wife has told me she won't go boating with me if a I get rid of the OL and get a cat. And no......I'm not kidding. My first wife said something similar years ago....about the boat and I filed for divorce the next day. I kept the boat and ended up upgrading women and boats. I don't think I will be so lucky this time. I actually adore the one I have now. My wife is pretty cool too.

I have been working on her for almost 2 years to try to get her to agree to make the change. I even took her out in a nice big power Cat thinking that would do it. When she got out....all I heard was no cabin etc...etc. It also doesn't help that one of our best friends was killed in a Cat accident several years ago. Even though she knows I am extremely conservative when I pick times to really hang it out...she says 125 scares the hell out of her in our V Bottom and the cat. Who knows...maybe she is doing us a favor. In the last 13 years....she has actually been right a couple of times.

That's a classic right there. My first wife *****ed and complained about doing poker runs blah blah blah. Divorced her bought another boat and have new girlfriend who is blown away by the whole scene.Just got back from key west with her. She still smiling and talking about the **** show LOL. Your OL is top notch and I keep thinking cat but it comes down to practicality.The skater I had was a blast but I do enjoy the cabin for other things than storage !!