Are you all done…..? Are you all silent…..? Are you all finished…..?
Good luck but I think there’s more to go. 🙂 Hang in there.

RR

I don’t want to show my hand, but yeah, I am already 100k higher than I ever wanted to go on it. I can’t go
any higher.

I’m rooting for you!!

Bids have hit 250K so its rolling in the right direction. I'd bet the reserve is 450-500K.

Some of the comments are funny

I didn’t realize the reserve wasn’t met, where do you see that on the page?

they dont show the reserve its private

I just don’t see where they even say there is a reserve? Am I just overlooking it?

If the auction is no reserve it will state that and be in the no reserve column at the top of the page, live now or premium will have a reserve is the way I understand it

That’s right speedy. The only way you know there’s no reserve , it will state in the title “no reserve” therefore, it has a reserve. But you’ll never know until it hits it live and the seller may or may not state “reserve is met”. Or seller has the right to lower/remove the reserve towards end of auction.

the reserve amount ($) is never stated.

got it all now. I’m too used to eBay

Is it just me? Or does picture 98 and 99 in the gallery appear as if the winch strap broke and they did the ole "knot in the strap on the hook" trick?
Arguably and definitely subjective, but it's a quarter to a half million dollar boat and they can't swing a new $200 winch or $20 strap.
"Maintained with an open checkbook"

image 142 shows the hook…definately looks like they were using a knot in those pictures you reference tho…

haven’t seen many price predictions..what does everyone think. I guess value is in the eye of the beholder…

My guess is 325k.

350-500k. does anyone know the actual condition of the boat?

Babe Ruth's bat sold for 1.2 million, rare but i'm sure there are others out there. A Mclaren F1 sold in Monterey about a month ago for over 20 million and they made over 100 of them. A postage stamp sold for 8.3 million and a Leonardo da Vinci painting completely gone over by a restorer and of dubious authenticity brought 450 million. What's the common denominator for most of these items?....If you didn't buy it when was available, you might never get a chance again

A fool and his money are easily separated. ;)

Happened every time I bought a boat. Boats and bikinis stole all my money. And now the little bikini babe that swam up to my boat 20 plus years ago is still robbing me blind with princess ****. Now we have 4 horses, 3 cats, 2 dogs and and a tractor since we sold the boat.

So true, or as Gordon Gecko (Wall Street) said…..”A fool and his money are lucky enough to get together in the first place”.

All true. Any 001 vin is precious given the pedigree.

If it has 4 wheels. Never seen a boat increase in value like a car.

APACHE definitely has a reputation and a loyal following but they are not an investment in the same terms as a Ferrari.

Agreed^^^^^

Limited market, used race boat/5 pack bolsters/no cabin. Yes the boat is legendary but how many other perfectly restored Apaches got 30 cents on the restoration dollar when it came time to sell. Ultimate Warrior and Spirit of Apache were both over the top restorations and took forever to sell at some crazy low price (compared to what was spent to restore them).

Another interesting issue will be insurance on this 41. Lets say it sells for 500K, how many carriers will want to insure a 35 yr old 2000 HP boat for any rate nevermind 500K+ agreed value. There have been guys on here with 1200 HP and nobody wants to insure the boat for 75K agreed value.

Any pics of the tractor? :D

here comes the negative nance again…

as for the insurance aspect. Anyone spending 300k on a boat won’t worry about insurance. The problem with insurance isn’t finding coverage…it’s how much you have to spend to get that coverage.

for the average person like me…yes finding coverage at a reasonable rate would be impossible. I’m a cheap bastard only willing to spend 2-3k a year. Highly unlikely I would find anyone.

for a person dropping 300-400k on an old boat. They will find a classics insurance agency that deal with specialty items and gladly insure it for 10-15k a year. And the person will happily sign the dotted line.

How do you think collectors get insurance agencies to insure 80 year old ferraris. I don’t see an issue

Cars in this price range typically sit in fancy garages and are viewed more than driven. A boat sitting on a trailer doesn't look as appealing.

You are way off base.........Several people have posted they can't find any coverage for older boats, others post the renewal rates are crazy money. Ferraris are a good risk, they rarely leave the climate controlled garage! My buddy insures a new Pista in S Florida for $1800 a year, why? Because the insurance company knows he won't drive it 30X a year, 1500-2000 miles tops. Collector car market is huge, so is the insurance market for those cars. Collectible performance boats, no so much.

The valuation is going to be the stumbling block, then add the speed/HP issues if it actually does get put in the water. Not negative but just pointing out the reality of insuring a 500K 35 year old Apache is going to be tough.

way off…negative. You only know what you read on offshoreonly. Typical internet researcher with no real world experience.

I own an old boat. 27 years old. Have owned it for 8 years. Also know several people with late 80’s cigarettes.

coverage has never been an issue. it’s the price of coverage that is the stumbling block. Go re-read insurance threads. 90% of them are related to “I don’t want to pay that much for insurance”.

I just switched insurance companies last year. There are several companies that offered coverage including foremost, boat us, progressive, total dollar, and wagner.

These by no means are specialty insurance companies. There are more exclusive insurance companies that offer vintage coverage. Companies that service the wealthy. Not the average joe.

most wealthy people use umbrella policies or leverage there companies…

apples and oranges comparing how I insure a boat vs how herb chambers insured his yacht and collector cars.

Is there a law that requires a boat to be insured?

whomever came up with this marketing campaign is a genius and they're pushing it hard. while drumming up talk about the boat everywhere that matters (and I personally think responsible for the current price). 40 year old race boat, wet 6's, carb'd blower motors, 5 pack, no cabin.....I won't say what I think it's worth but as they say, there's a azz for every seat right? I personally would take my 300k and search out one of the 47 Apache's but that's just me.

I don't know about other states but in Michigan you don't need insurance but but I would not go boating without one I have four older running offshore boats, all of them have insurance. Back years ago on a Saturday I had a friend who rolled a offshore over in a low speed accident witnessed by myself & the coast guard, all were Ok. But by late on Monday all passengers had lawyered up, had he not have had insurance he would have lost every thing.

This is why I would not want a CC so I can take "16 of my close friends", if something happened how many of those 16 are friends or people looking for a pay out.

As for this 41, there was another one on facebook, 6 pack stag setup asking 325K. It had a blue interior. Nuts but if someone pays it good for the seller.

You & Jupiter are both right, and both a little wrong at the same time.

I was one of the people posting. There are in fact TWO companies left willing to touch that policy. Yes, the rates are high, and they will only write a policy that covers $.40/$1.00 of what the boat “should be” worth if you wanted/needed to replace it.

I have insurance to protect against people, not equipment.

I also carry a considerable amount of insurance of all different types for business (products liability, property, land and equipment, licenses, the list goes on). Those companies wanted no part of any insurance in an old performance boat, none.

so it’s both a price thing and the fact they will just not write a policy for a boat of that vintage. Mine doesn’t have much original wood left in it, didn’t matter to them that the boat is almost all new as it says 1990 on the title, that’s all that matters.

look how many 2005 outerlimits are up for sale. Going to be tough to cover those in 2-3 years.

Whether there's 3 or 30 aboard, chances are in an event like that your policy is going to hit its maximum anyway.

Edit: Though I guess they could still come after you after your insurance company taps out.

my point is finding insurance coverage isn’t impossible. There are companies out there willing to write a policy. I listed several…and I didn’t explore them all. Hagerty is another one that comes to mind.

insurance isn’t about the perception of “value”. All insurance policies are a rip off. If you are willing to write a giant check…the “no’s” turn into “yes’s”. Especially if you have a good relationship with the company.

I'm with Chubb, My Tiger is with total dollar, Chubb said no problem for agreed value of 500k

Rob, can you send me your agents contact info?

I’m with foremost still, dollar was the second choice. No one else would touch it.

Im with [email protected]

I have a car insured with Hagerty as a historic vehicle and the car has historic plates. That brings restrictions for its use but doable and a lower insurance rate. Maybe the new owner could get a historic policy for the boat with restrictions on use. Hagerty writes old boats, that's how they started.

From a reputable source who knows the value of used performance boats and has seen it up close, it is not in pristine condition as the pics indicate. Still nice, but by no means perfect.

i generally talk with Francine
Francine Damiano

Customer Rep Manager

Boat & Yacht Dept.

Total Dollar Insurance

A Foundation Risk Partners Company

1 Pleasant Ave

Port Washington, NY 11050

Telephone #516-833-1571 & Fax 516-704-2285

My 55 gasser is with Hagerty, 30k agreed value, no limitations at all.. 500 bucks a year