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Subscribe for more videos ! You open YachtWorld and it hits you immediately: two “identical” catamarans… wildly different prices. 🤯 One’s $900k, the other’s $450k. Same model, similar year range, same size, same layout on paper — so what’s the catch? This video explains WHY catamaran prices are all over the place right now and what NO ONE tells you until you’ve wasted weeks chasing listings. It’s not random. It’s invisible costs + invisible risk filters… and once those filters exist, two cats that look identical in photos are NOT the same asset anymore. ⚓ What changed since the boom? From 2020–2022 everything went up together (cheap money + low inventory). That era is over. Now we’re in a FRACTURED catamaran market: • “Investment-grade” cats = documented, turn-key, insurable, financeable ✅ • “Distressed” cats = hard-to-insure, cash-only, deferred maintenance ⚠️ Both sit side-by-side online… so pricing looks “glitchy.” 💸 1) Financing is the first invisible force With marine loan rates around 8–12%, the monthly payment math flips. A buyer who could finance a $700k cat in 2021 might only qualify for ~$350k–$400k now unless they bring way more cash. Cash buyers stay… and they negotiate hard. 🌊 2) Supply is the second invisible force (triple wave) • Ex-charter boats exiting in clusters 🧾 • COVID-era owners selling to stop the monthly burn 💸 • Dealers discounting “new old stock” under floorplan pressure 📉 In the 40–50ft production segment (Lagoon, Leopard, Fountaine Pajot, Bali) buyers can cherry-pick the cleanest boat, and everything else competes on price. 💡 Owner version vs charter version matters A LOT. A 3-cabin owner’s version with lower wear + better records can command a real premium, while a charter-spec 4-cabin boat may need discounting to move. They look similar in photos, but the use history, layout, and refit list change the value fast. 🌪️ 3) The silent killer: INSURANCE Insurability is now a binary filter. Easy to insure = asset. Hard to insure = cash-only. Banks want collateral insured, and many marinas require coverage. Add storm losses + stricter underwriting and you get age cliffs, survey demands, and expensive required upgrades. Geography matters too: A cat in Florida / the northern Caribbean (hurricane box rules + named storm deductibles) is a different risk profile than the same boat in the Med or New England. Same fiberglass… different price. 🏝️ 4) The “beam tax” + carry cost pressure Cats are wide. Slips are scarce. Dockage is often 1.5–2x monohull rates. When a seller is bleeding thousands per month in dockage + insurance + upkeep, big price cuts are usually triage. 🧰 5) Maintenance inflation + survey reality Labor, haul-outs, parts, electronics, saildrives, rigging… all up. So “project boats” get punished hard. Shiny photos don’t fix tired systems — surveys + insurance quotes do. 🚩 Quick red flags that explain huge price gaps • High engine hours / tired saildrives • Old standing rigging / weak maintenance records • Hurricane-zone location with renewals looming • Charter wear vs owner version layout • Deferred electrical/plumbing issues hidden by cosmetics ✅ How to compare two “similar” listings Is it financeable for a normal buyer? Can it be insured without painful upgrades? Price in location + dockage + season timing. Remember: asking price ≠ sold price. 📌 Biggest illusion: you’re browsing ASKING prices, not SOLD prices. Many listings are “zombie numbers” anchored to the 2021–2022 boom. Real pricing happens after survey + insurance + negotiation, so online comps look chaotic. Paperwork = value 🗂️ (logs, receipts, clean title, survey trail). When you spot a huge spread, ask: what hidden risk is being priced? 👇 Comment the model/year you’re shopping (Lagoon? Leopard? FP?) and what price spread you’re seeing. 👍 Like + Subscribe for more catamaran buying tips, used catamaran pricing breakdowns, and market updates. #Catamaran #CatamaranPrices #YachtWorld #BoatBuying #Sailing #Liveaboard #Lagoon #Leopard #FountainePajot Copyright Disclaimer This video may include copyrighted material used under the “fair use” principle for educational and informational purposes. Such use aims to provide commentary, analysis, or added value in compliance with Section 107 of U.S. Copyright Law. If you believe that your copyrighted work has been used improperly, please contact me directly before pursuing any formal action. Your understanding and cooperation are appreciated. Safety Disclaimer These videos reflect my personal experience. They do not replace professional training. Always sail in compliance with safety rules and maritime regulations.