I have 2 options:

1. Trade my 3 month old Sea Ray cruiser on a 40ft Skater
2. Keep my cruiser (which I like) and spend $150,000 on a performance boat.

I won't be doing any boating until May so I have some time. Option 1 I can do anytime and the deal is "done". I just have to say "yes"

Option 2 may be the smarter thing to do since this is my first go fast boat and probably keeps my family happier.

I have lost plenty of money on toys and hobbies over the past few years so I would expect to find a bargain now. I have time to search and make real offers (have cash).

This would not be a boat I would expect to keep more than a few years so I don't want anything that is off brand or going to be hard to move. I do expect to lose money when I sell it. As we all know, this is a hobby not an investment.

Thanks for the advice in advance!

Brett

Option 2 - leaves you with lots of boating options.

keep the fat boat and spend the coin on a water front house and property.

option 2 and you can by a 28ft pantera and still have money left over for poker runs, and a family vacation.

I have a waterfront home at LOTO.

I'm looking for boat suggestions. Want at least a 36 footer. Needs to run 85mph +. Open to cat or V-hull.

Buying a 40 Skater, in my opinion is an investment. A huge one, considering they cost more than alot of houses...

I've seen enough of them in person, and talked to their owners, and its crazy how much money per/year they spend to run and maintain those beautiful machines.... All the 40 Skaters i've seen in the classifieds are well over 150k..

I'll say it before anyone else does - if this is your first Performance Boat INSURANCE could be outrageous for you.

Either way though - I would go for option 2. It's the perfect combination to play on the water with.

Yes Skater insurance will be $13,000 first year.

Have budgeted $30,000-$50,0000/year for Skater (engine reserves, maint, etc)

I guess I should have labeled the thread "Find me the best boat money can buy for $150,000" That's really the question I'm asking.

Option 2- Then buy the yellow Warpath Apache.

I would go for option 2.
You could buy my 38 V hull that has a stand up cuddy at 5'7, small galley, enclosed head (keeps the wife and kids happy), hot and cold water, heat and air, will run 80-85 mph, and still have some money left over for gas!!
Probably won't lose a whole lot of cash when you decide to sell...