8 hours ago, JeffK said:

I agree with this. I'd also caution everyone to think long and hard about buying a boat at fire sale prices. It is going to hurt your local dealers and Malibu, which in turn hurts you too. I'd like to suggest in advance to the Admin's that we lock and trash all of the future threads bashing dealers and Malibu for lack of service and warranty support if you bought one this way. You knew what you were getting into. It has been said lots on here. This mess is just going to hurt everyone. 

Coop - Many of the floor plan agreements have buy-back clauses in them just for this reason. So I do know that Malibu does in some cases buy them back. With this being more of a local bank situation, who knows if this one had that in there. 

At the end of the day, floor planning is pretty simple. Dealer orders the boat--> Floor plan is locked in for slot and approved-->boat is built-->floor plan company pays for the boat--> boat leaves the factory and is delivered-->Dealer pays interest on the boat until sold--> Buyer pays dealership-->Dealership pays floor plan provider-->Buyer has clear title

Many floor plan companies send reps to check on inventory on the regular. This bank should have been keeping a closer eye on the lots and a dealer never should have been holding back or spending money that was paid on a customer boat and intended to pay the floor plan off.

I believe there are laws such as the Magnuson Moss Warranty Act to protect consumers from this.. 

Still doesn't stop a angry dealership from taking their sweet repair time during our long 12wk northern season to get you fixed up..

I could be wrong but I just can't pull myself to believe that Malibu forced Tommy's to take so much inventory? Someone at Tommy's had to sign off and more than one person was involved. It took someone to reach out to M&T to get a 3X+ increase on their line.. I'm MOST shocked it got approved after everyone especially bankers knew COVID boom was already dwindling fast.. 

I can believe Malibu was great at pitching to their dealerships to take more boats and providing more incentives to get them to do so but it's still the dealerships choice. I can believe dealerships buying into the sales pitch that things are still awesome when they weren't.. I can believe dealerships all had hopes of rates dropping like the fed said.. I CAN'T believe how M&T approved a 3X increase when the market was already tanking!

Well...unless you made commission for signing off on it.. 😂

On 4/22/2024 at 7:21 PM, PNWoke said:

It shouldn’t be real hard to extend or contract the ram when the set screw is turned counterclockwise.  I remember that I only needed to unscrew less than 1 full turn to be able to move the wedge in any direction with ease.  Based on what you’re describing, it is likely a problem with the hydraulic side, vs the electrical motor running it.  The ram likely seized causing the motor to seize (if unprotected).  That set screw essentially opens up a hydraulic fluid channel between both sides of the hydraulic ram so the fluid should just run between them when the ram is pushed or pulled.  From what you describe, your relays are still likely good.  If I were you I would refrain from testing this wedge ram anymore through your boat screen for fear of causing heat/current related electrical issues with your relays/wedge control modules.  Those relays are pretty sensitive and prone to failure, so using them with a known likely bad wedge actuator might invite extra problems down the road.

The actuator is sitting on my workbench. So there is not the leverage of using the wedge to push/pull it.

I guess my next step is to open it up and check it out. I will share some pictures when I do.

What engine do you have?

I have a 2011 wakesetter vlx and there doesn’t appear to be a sensor for the wedge.

The wedge worked last year after I bought it and would show on the display the wedge going down/up, so it must sense it some how but this year the wedge is in a bind and while I’m getting that fixed, I noticed there’s no sensor attached to the side of the wedge. There’s only two wires from the actuators going into the boat, so does anyone know if there is another sensor option for these boats?

https://share.icloud.com/photos/07e4FfiKxgeIfqLH9268dx0Cw