Used CATAMARANS, HUGE PRICE DROPS

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Cashapp ChristopherCousteau

Venmo @howtosailing

Welcome to Chasing Latitudes! Have you ever imagined the smell of the ocean air as your boat crashes through the waves? The freedom that comes from casting off the bow lines and heading out to sea to explore new places you can’t reach by car or airplane? Then this channel is for you.

You will not see white sand beaches here, restaurant reviews, beach parties, selfies or Japanese knives. What you will find is factual information based on decades of sailing experience.

My channel is specifically meant for one thing and one thing only, to help YOU find your new to you fancy-dancy yacht of your dreams and get on the water in the fastest, most time efficient manner.

Don’t get caught up in looking at old boats! I focus on mostly newer vessels, built in 2000 or later because I want you to spend as much of your time as possible sailing, not practicing your restoration skills on an old boat attempting to bring it to its former glory.

You want to take advantage of the amazing newer technology and modern hull designs when it comes to sailing. This is going to make your vessel far easier to sail solol or short handed and make them far more comfortable and efficient to live aboard full time or even just weekenders without buying more boat than you need.

I offer a wide variety of services including consulting where I will take you through the entire process of how to budget properly, choosing what vessel size will work for your needs, what type of vessel, I will help you shop for vessels, determine offer prices, schedule surveys, talk with brokers, teach you how to do your own pre-survey, walk you through hiring the correct surveyor and help you avoid all of the common pitfalls that you will find when purchasing used sailing vessels.

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The 2019 Lagoon 42 I just bought went on the market at just over 700k. Quickly went to 650k. Then into the 5's. Then low 5's. Closed at mid to upper 4's. It was on the market for over a year. Most cats that I looked at had been on the market for a long time too. The owner of The Multi-Hull Company called my broker about a boat we passed on. They're desperate. The O'Kelly's said several boats they made offers on a year ago are now being re-contacted by the owners and saying they will take that offer. I recognize several of the boats in this video. At 1:04:42 - the '07 Lagoon 440 had a bad engine; the '08 Privilege 445 had taken on water (selling broker was trying to say "we don't know the history"; the '03 Leopard 47 you showed is so close to my home I could walk to it. The selling broker would never let me on it to look at it. The boat I bought had all sorts of extras and upgrades.

SV-DEDICATED
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The huge price drops come next year and the year after.

BillJohnston-yo
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There's elements I think you haven't considered on the Catamaran vs monohull issue (Even in the budget range). Certainly budget cats are generally less length than monohulls in that price range, but I think you're approaching all of this from the perspective of a fit young person who loves sailing itself... That's not really the target market for catamarans. The target is couples, families with children, older people, and people who've never sailed and aren't looking to be sailors so much as looking for the live-aboard floating condo lifestyle with a home that can go wherever they want.

A power cat might make even more sense for those people, but a lot of the "floating condo" cats are designed to be simple enough for one person to solo sail, at the cost of speed and handling. But speed and handling are a young male's game, really. If you're a family, or you're older retirees, you're probably looking for comfort and ease. And a power cat isn't really any less expensive than these simple sailing cats, so why not have the sail? My partner and I are older, we both have debilitating injuries and/or arthritic conditions that would make sailing anything fast and sporty a non-starter. We've never sailed, we aren't people who were ever interested in sailing as a sport, but we're looking at cats and planning for the future, with the goal of having something comfortable, that we can travel the world in.

We want something off-grid, that we can live at anchor in, and a cat that you can slap a million watts of solar on because of all that surface area just makes sense. But of course the new solar electric yachts are too new, and ain't nobody got the money to burn on that "brand new factory boat" tax. But a monohull just wouldn't make sense for us or anyone like us. We'd be looking for a Lagoon, or a Privilege, or something similar, and we'd be looking for something in that 20 year old range that's been refitted recently because that's the sort of thing we could hope to afford some day.

And I think you have a bit of tunnel vision on the davit issue. Consider the target market again, not the sort of use you might put a cat to yourself. An older couple isn't going to want to have to haul the dinghy up to the bow every time they come back from shore when they're living at anchor. A family with kids isn't going to want to either. They're going to want to get off the dinghy on the sugar scoops where it's easy and they're not going to fall into the sea or hurt themselves, and they're going to want a nice electric/hydraulic lift to pull the dinghy up. Even if you put davits or a crane at the bow, none of us old folks and families are going to want to deal with the hassle of boarding at the aft and then dragging the dinghy all the way forward to hoist it onto the boat. The davits at the stern just make sense for us old people, and people juggling 2 or 3 little kids. Especially for folks who expect to spend weeks at a time living at anchor, and using the dinghy every day or two.

Also I'll take the dark wood over the Ikea style that you see everywhere nowadays :D

kellymurphy
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I like to think of the owners watching these videos...."omg theres our boat YESSS!....wait what..he just called it a trash can dumpster fire" lol

matthahr
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You’re correct on so many points about catamarans .yes some of us do just want a floating apartment with lots room for all our water toys . Not looking for speed if we need to get there faster start the motors 😂 comfort is far more important love your show hope you look at cats in the 50s range 😊

greatnorthern
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I went to a boat show and was surprised how crap all the new yachts and cats were on finish. Cheap brands are similar in finish to most production top end brands but for price. In the end get the best value for $ and buy the cheapest then mod it with some nice rigging.

bradynixon
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If it’s going to happen, it’ll happen out there!!
-Cpt. Ron.

davidrhp
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Why does the fit and finish of Cat's seem more like RV's than the finish of mono hauls?

tualatindave
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Appreciate your perspective on the comparisons made. That 250-300K sweet spot had some choice offerings. Awesome tip on the 2010 cockpit design changes. I'm with you on those loooong and wide dodgers! With solar now, it's a no brainer. Keep up the great work. Enjoy all your content.

Trader-Boater-Traveler
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Great video very informative, you should do an update for the 44-48ft cat

jmrheaume
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Excellent and helpful presentation. Thank you!

dennisfano
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Love your videos! Very informational, and full of practical knowledge. I would like to see an episode on Total cost of boat ownership. You cover the you sailboat market very well. After that what costs are there? Insurance, Marina fees, maintenance, running costs, and anything else.

corbinoverstreet
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I grew up sailing my dad's Gemini from the SF peninsula to the delta every summer. A great boat for those shallow water sloughs, but the rougher waters by sassoon bay slapped the underside of the boat like crazy. I couldn't imagine going offshore with one.

blueblur
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You are quite correct with your comments about most cats because the bulk of them when it comes to numbers are made in France for the charter business.... ie cattlemarans for coastal day sailing from one taverna to the next.

alfredneuman
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Thank you for this channel, and this episode topic. This is what I needed to see with your commentary.

TheRiseofSuperman
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I really enjoyed your video. Informative and funny. Great details and you obviously know what you are talking about. Thanks for the help!

tchorton
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OMG! was literally on the same website doing exactly as you are doing. Some are asking ridiculous amounts for old bricks but there are some real jewel in the used listings. I love hearing you critique the listings. I'm on the floor! 😛😛😛😛

PROJECT__dot_NET
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33:20 😄😄😄omg that 51.9' Jeanneau is sooo much nicer than the $165k beat up cat, unreal. 💯

nextari
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I agree. For the price of a cat, a newer monohull is a better deal

gabykouric
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It’s just turning from a sellers market to a buyers market. I think a lot of buyers rushed in & financed the purchase, failed to launch & then neglected to refit & maintain as required so they’re forced to pass the mounting cost on to a new buyer. Insurance is a huge obstacle for new buyers & pretty much mandatory if financed. Mooring & haul outs can be a major obstacle depending on where you are. Buyers are treading a lot more carefully now, aware of the many obstacles & front end costs ($120, 000 to $180, 000) in addition to the purchase for new sails, rigging, hatches, windows, engine & drive overhauls, system upgrades & other equipment upgrades due to age, useful life, neglect, etc, because the insurers won’t insure them otherwise. Buyers used to instant instant gratification are & will continue to be very disappointed. Don’t skimp on your survey & consider what a PITA it will be to sell your boat sometime in the future.

promacpic