@boogerfarmer, this is why I’m restoring my 1968 20 foot Gulfstream. It’s a beast of a salty hull and I’ll have less than $15K invested. A new vessel of similar size and ability would cost over $125K.
We need to get you to over a million subscribers. I’ll push for you captain. Nobody explains or spends the time you do for the saltwater fishing experience on the you tube channel.
Incredibly kind of you to say Daniel. The channel is very young, but what you've said here is exactly our goal. Thanks so much for your positive feedback and support!
@@saltwaterfishinguniversity Sir, the content was very thorough, however, a good interviewer asks tough redirect questions to justify the costs he's explaining.
I bought a 08 alumacraft with a Yamaha 115 2 stroke thats like new for 8 grand and it dont make no noise and doesn't leak a drop of water one of the best purchases if ever made i do it all with it fish, shrimp,summer joy riding, crabing,deer hunting i use my boat for all my recreational use
Thanks for the comment Coleman, but honestly, your math confuses me. Between the engines and the seakeeper, you're at roughly 250k alone. Take the other electronics and parts including the joystick, add another 100-150k at least. Now add another 100k for the rest of the materials. Then add a tremendous labor burden where the company has 300 employees and builds 300 boats a year, a crazy 1 to 1 ratio, unheard of with production boats. Now sell it to a dealer who has to make a solid profit to service it and staff up. How in the world do you get a 700k net profit out of that? As someone who owns a fiberglass manufacturing business, I can tell you your math isn't accurate.
@@saltwaterfishinguniversity You're looking at retail numbers, remember Regulator is a premium builder and they have an exclusive relationship with Yamaha. That exclusive relationship is worth a ton of money, just imagine if Regulator went to Suzuki and said we want to use your engines do you think they'd pay $48k for a 300 AP? Also Regulator stuck with Yamaha throughout the 350 disaster. My guess is that Regulator is paying 25% off the best price any dealer pays for an engine and I'm sure they get a nice large check from Yamaha every year on top of that. They probably buy 1000 bilge pumps and wash down pumps a year, they buy resin by the truck load do you think they pay retail? If you think these companies are not printing money on $1mil Center Console boats you're insane, it's not $700k but they're making a ton. Remember there is no interior work, no finish carpentry.
I owned a Regulator, their service after the sale and as a used boat owner is second to non. They build an exceptional boat over built they don’t cut corners. All that said they are plenty proud of their boats and there making a nice living selling a $1.3 mil CC.
@@djpar3492The 41 regulator is purchased by owners who are on their 8th boat. People spending that much money don't just throw it away. They are generally well educated in boats and engines and fishing. Rando's in the internet just don't understand.
It's hard to understand why does it cost so kuch for people who aren't in the boat making business. It was same with me but now I do understand. A good boat can't be cheap. It the most difficult and most expensive building process. Forget about cars, motorcycles, houses. And that's the reason why most shipyarde went bankruptcy at least once.
That’s an absolute load of crap! Has someone that’s been in and around the marine industry since I was a kid! I can tell you without question that process is nothing unusual or impressive about it. It’s the same old process used to build fiberglass boats since the 60’s! That dude is trying to sell a 200 thousand dollar boat for over a million! 😂😂😂
They cost so much because they charge whatever the market will bear. There’s enough dumb buyers and dumb lenders that they can charge it. Insurance is making a fortune. And a bunch of these boats have multiple owners. 3 or 4 guys split the price, trading off when they use it. It absolutely doesn’t take one of these giant rigs to go out fishin. It’s a dick size contest.
That to me is miss management, that’s why it cost so much. Fiberglass and good quality vinyl ester resin costs about $5 per lb You figure 10000 lbs fiberglass boat is less than $50000 including foam reinforcement!!!!
Materials are the cheapest cost, when building just about anything. This boat probably cost $200k in labor costs alone. Add another 200k for engines. 100k for electronics. Another 50k for other fittings. Factor in the cost of tooling factory costs etc. There is nothing cheap about boat construction. 1.3m isn't outrageous.
@@commonsense9809 those molds don't last a decade. A couple dozen hulls come out of them and they're shot. The inside gets rough and the gelcoat starts to stick to them. Also lots of changes to boat hull technology in 10 years. In 10 years that old mold won't be competitive with new designs. Another reason boats are expensive is because they have to make a lot of money on each one. Boats are not like cars. Very few of them are sold compared to automobiles. If they sell more than 50 of those 41 foot hulls a year, I'd be surprised.
Thanks for a great explanation. I'm guessing those technicians are making $40+ per hour so that's at least $200,000 + in just work hours. Another $200,000 + for those engines (not rigged/mounted), throw in that sea keeper and we are already at half a million.
@@rogerogrant I'm not privy to the compensation numbers, but I do know the average time an employee stays at Regulator is a stunningly high number. Their retention is exceptional.
Why you gotta hate on their customers? They are generally well educated boaters. Just because the numbers don't work for you, doesn't mean the boat is junk and the customers are idiots.
I just seen this video hell no 1.5 mill will buy you a crazy nice catermaran sailboat you can live with a whole family on with way way more everything then some sh*t overpriced center console.. hell you could even buy a live aboard cruiser for that kinda money in 2024 .. the cc market is a rich mans market with huge profit margins
With all due respect buddy. That expensive mold? Will be use thousands of times, not just once. The cost per hull, per boat... then becomes a couple thousand dollars. Plus labor costs which are not as high as he is making you think it is. All of this sounds good but before covid that same boat costed less than half what it does today. Nothing changed but the greed of the company and the greed of outboard makers. even with all the man hours etc, there is a zero excuse for these prices. What do I know? 55 years building engines and boats, working with Stratos, Bayliner large boats not the entry level junk, A few other places and my own businesses. It jsut makes no sense. What is happening is these places are bankrupting the individual person and making simply catching fish so expensive most cannot afford it anymore without buying something used. Even then that market is insane as well.; The only difference is covid. Everyone has used that as an excuse to just go nuts on charging massive cash for their products without any actual explanation. I have no doubt this is a great boat... Still would never put out that cash to get one. not ever.... NOW 200 THOUSAND DOLLARS for 4 outboard engines... INSANE
Wow lots of haters on the price of the boat I hope they realize how much crap cost nowadays and label wages and price of living cost thanks to the Biden administration and yes a company needs to make profit that's not a bad thing if you want stuff to cost cheaper and boats vote Trump
I have to ask is Keith Amons any kind of to the Va Beach music entertainer Fat Amons? For a 41 foot boat 1.3 million and how well this boat is built I am impressed! Especially in today’s market!
Prices inflated - that’s how you get the 100k discount at the boat shows… and the 175k discount for last years model… guarandamteed those workers aren’t making a quarter of that dough to produce it… at least a 40% markup… otherwise there would never be so many competitors chasing that fat…
After finishing the full video. I can come to one definitive conclusion. That is you tried justifying a boat that cost 1.3 million dollars! Very hard. And in my opinion failed to. That then brings your motives into question? If people are looking to you for a fair and unbiased opinion? You are definitely failing everyone of them!
Boats are double what they were 10 years ago. So are vehicles. Imma wait til it all crashes. I should be able to buy a z71 crew cab for $30 k and the same for a 20 ft center console with a 150 on it.
Stumbled across your channel and binged a bit. Wonderful educational content. Especially like the factory tours. Amazing how many boat manufacturers are in the Carolinas. Keep up the good work.
Actually grew up in Calvert County on the Chesapeake but now live in Lake Wylie SC. Go to wilmington, wrightsville, Masonboro every other weekend or so. Frequented Frisco and hatteras dozens of times over the past 40 years. Your feed popped up when I was watching a doc on the Oregon Inlet.
Still, don't get anywhere near $1.3 million.. "Takes about a month to build this boat"... IF you want to know why this boat is so expensive.. Go to visit the CEO's house.. Than you will see..
Actually, they have some of the highest paid, longest tenured workers in their plant in the entire industry. There's a reason they've built a culture so special.
@@saltwaterfishinguniversity actually, that still doesnt come close to closing the gap. they could be paying them 50 an hour on AVERAGE for the maximum estimated man hours and still not come close to 20% of the boats cost in labor. 1.3 million in value is literally just not there unless youre splitting the difference in clout.
This factory rep really wants the consumer to believe it costs 500k to make a 41' fiberglass hull? If that's truly the case, the complete package should exceed 2 million. That 41' Regulator most likely costs the company 775k for the final product. CC's are way overpriced and the consumer has enough money to sustain the insanity.
It's certainly necessary for any business built to last, that's for sure. Here's what's really telling though Willie: their boat to employee ratio is 1:1. 300 employees, 300 boats per year. That's very, very rare for production boat manufacturers.
Great video man. I never came across your channel before. but... Carbon Fiber steering wheel to keep your hands warm?? Regulators are obviously amazing boats. If I had the scratch I'd love to own one some day. But part of why these things cost so much is because they are being marketed to wives, not fishermen anymore. Many things that used to be options are now standard, and it adds up! Seakeeper, carbon steering wheels, powder coating everywhere, 30k alone for that upholstery?? (My kids are just going to spill yogurt and goldfish all over those things, and I am going to put hooks through them during the insanity of fighting some fish). None of this is necessary if you are going to just cover the vessel in blood. Respect the hull and craftsmanship that goes in to a Regulator, but I wonder how much it would cost them to produce a hull with equal performance and safety, without all the bells and whistles.
I've heard nothing but good things about regulator boats. And all I can say is I will never buy a boat. I don't have that kind of money. And when you're looking at depreciation assets oh my god a boat????? Just throwing money down the drain. Yes, you can have a good time, but when you're not catching fish and you spend all that money in gas and bait. No I'll just rent. As an Wise man once said, pay as you go and never owe.... Rent the boat and driver for a couple days and call it a weekend.😊😊😊
That why you buy a used one,let the rich guy get the hit with the depreciation,cause he could care less anyways,be smart buy like from 4 to 6 or 7 year old one and you will save a half of million no dought😅😮😅😊😮😮
Awesome video! Congrats for the work. I believe this video will open many doors for potential buyers, and this boat its a beauty, I am completely in love with the boat.
Wow! So all those guys are millionaires from making these boats! THat is amazing to learn. I never realized how fast you can make millions of dollars doing fiberglass. Wow! These guys are so lucky to work there. Why not ask more than a million for that boat as it must be worth it since you sell so many?
I sold my seahunt 25ft center console and thats something that really always bugged me was the rattles and squeeks. Wasnt bad but would have loved a way to eliminate that. Maybe Ill be looking at regulator next.
Good blessed sir I always watching your channel it's really good and beauty I hope I owned like a small boat for a trolling to catch tuna in the Philippines I hope you granted to me I want to build a boat for fishing can you me sir a fond make my sponsor sir
I'd like to know where the center of gravity is on that boat, given the massive engine weight in the stern. And what is the counter-weight, would have to be somewhere in the amidships or slightly forward of midships? I'm not sure the advantage of 4 outboards vs. twin diesel inboards. Massive fuel consumption I guess. Stunning, just amazing workmanship.
You would be surprised to know how much that T top, helm, seats and batteries and electronics would weigh.. Pretty sure that's where the counter weight is. And the outboards are probably about space, gitty up and go and the maintenance.
The sea keeper is usually mounted under the helm seating. Diesel inboards and transmissions are heavy and require 3x the maintenance. Outboards are faster, burn less fuel, more convenient.
Watch whole video. It is a nice boat but I do not see any technological innovation or anything special about it that justify the 1M+ price tag. I would bet you anything that the workers are not making $40 per hour. People who pay $1M for this boat are incredibly stupid or smoking some crack.
I bid construction and I'm just rounding off In My head buying all their material by the truck load their making some serious money their not only breaking even I'll say I'm In wrong bisnes but takes money to keep the bisness and goverment their turning profits working with companies to buy material in truck loads they are making some good money selling and 1.3 million
Brother if you have an aversion to extreme cold don’t buy a center console lol you’re gonna be cold on that 50 mile ride out to the honey hole in February.
Do you think the wealthy purchaser might have so much money that they are willing to pay for a great boat PLUS a large profit margin. The builder keeps wages and materials under control, probably making about .5 Mil per boat. He is a very good boat builder, and a much better salesman to the wealthy who don't care how much he makes
what happens to Regulators when they aren't new anymore? I've seen a bunch of Regulators. Never seen one that wasn't new. Very curious. I think Regulator makes customers sign an agreement to send the boats back to the factory once they're done with it. You know in like 2 years when it's old. Regulator then destroys the boats. That way there's no used ones. Funny to pay for all this awesome build when no one keeps a boat long enough that it matters at all.
The same way that "beauty is in the eye of the beholder." A piece of art is only worth what someone is willing to pay for it & I wouldn't pay that much for a fishing center console if my balls were on fire & that was the only to put them out.
Jesus I could buy 2 brand new 2500 Chevy Diesel trucks with plenty of options on them for the price of 1 sea keeper unit installed. Sounds like selling those sea keepers is the business to be in.
Ok, when your talking about up front cost for the molds and machinery, that's with any type of manufacturing. Cars to earbuds. Everything has a cost for the equipment used to build a formed product. So yea they need to make a lot of boats with that 1 hull design to make profit over design and equipment cost The machinery and materials in boat builds are usable for many models and years. The hull and cap molds are the only specific cost that are high for each model/year run. Bayliner has the same machine and mold cost. It goes beyond that to set the price for retail.
So in other words... you need to have money of a formula 1 team to buy this boat because mass production doesn't make the cost any cheaper.... i guess I'll never own a boat 😢
@@saltwaterfishinguniversity just way to much money for a whole in the water, I bought a 21 ft Bayliner new for 18,000 and had a little cuddly for toilet ,seated 10 could enclose and sleep 6,had a 350 inboard mercury v8,held 60 gallons fuel,45 knots all day long all that for $18,000 ,you can’t even get that for $250,000.How in the hell does the average human even get a loan for that.
@@jamestaylor5231You’re living in the past James. The value of the dollar has plummeted. But also you’re comparing a very cheap entry level lake boat (your bayliner) to a giant luxury center console that can go out 100+ miles offshore in rough conditions with 4 outboards, They have 2 completely different purposes & different quality of materials used to design them & are made for a different kind of person then yourself, there not made for your every day middle class guy. They’re made for multi millionaires and billionaires that want the extra amenities and quality these boats offer.
@@lows6427 my bayliner never seen a lake. Chesapeake Bay and ocean for 5 yrs ,all boats are a whole to throw money in and they all wear the same.Salt water eats them all.
