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Old 23 February 2006, 15:56   #21
DJL
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I agree with the comments above.

You'll also find that certain RIB manufacturers are begining to do this anyway. I know of at least two manufacturers who are creating simpler packages for the leisure market - basically you chose the size and one of 4 colours and the rest it standard. There are also lots of dealers who will get you fully sorted with kit and boat storage etc when you buy the boat.
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Old 23 February 2006, 16:32   #22
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Quote:
Originally Posted by brucehawsker
The message is that you, 40+ affluent bloke with wife and two teenagers, can simply acquire and own an amazing yet safe boat for an outlay of 10,000 cash down, and a monthly tariff of an estimated 1,000 all in (including financing repayments and interest, insurance, hard standing storage costs, launching and fuel), you can have a safe and fun boat expereince.


Any thoughts? Have I gone mad?
You could run a damn fine mistress for that kind of money.

my Scorp which was financed over three years and always Marina berthed/ stored ran me 420 a month inc repayments plus fuel and I felt that was rather a result. I guess if I was an afluent punter then I could be persuaded to go with a commitment of a grand a month if the boat did it for me.
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Old 23 February 2006, 16:51   #23
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Bruce

back to the drawing board I suspect, come back with option 2 tomorrow and we will critique it for you

i think your best option is to see what punters would want, start with people who have just recently purchased ribs and ask what they wanted, what they would have liked, why they chose what they did, what was not available that they would have liked, was it easy to purchase or would your idea appeal to them.

might be a good place to start!!
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Old 23 February 2006, 17:17   #24
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Quote:
Originally Posted by Rogue Wave
You could run a damn fine mistress for that kind of money.
Could?
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Old 23 February 2006, 17:50   #25
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Originally Posted by Richard B
Could?
...and see how much trouble THAT got you into it
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Old 23 February 2006, 17:53   #26
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Old 24 February 2006, 03:42   #27
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Interesting Thread

I might be wrong (usually am) but i seem to remember reading an article in one of the magazines about a similar concept. You join a club pay 600 ish a month and have at your disposal a Ribeye not sure of size guess it relates to your membership. All thing like Training Mooring Fees Insurance Included. Rental potential to owners of good quality ribs could be big . I would look at it from this angle Bruce you get say twenty quality ribs coded and insured for purpose on your books to hire to potential clients = earnings for the owners . You sell the Idea (Club Idea)to magazines and earn commission from sales of training from various schools as broadens client options, sale of Insurance and sale of hire and moorings.And owners pay you a joining fee to have their boat on your books.
Membership could be on a sliding scale as to what boat you get Gold Member a Scorpion Silver a so and so Bronze a so and so. You also make as you have a good boat in Far fetched and the side issue is any potential buyers of a rib you sort out the deal and get paid a further commission. The leg work and time consuming bit would be having to inspect every boat for quality check insurances and so on .
Just some rambling stuff from me I think you are sort of on the right track just need to develop it further.
Best place is here as you have a huge list of potential hirers from various locations around the country.
Good luck with it.
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Old 24 February 2006, 04:07   #28
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sounds a bit more promising - figures make a bit more sense at that kind of money - at 10k down and a 1k pcm investment you'd want to own rather than rent I would have thought...
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Old 24 February 2006, 04:24   #29
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A further development could be membership allows you to use ribs in different areas example I live in London this weekend i cruise in Wales next the Solent and so on how you manage it is down to you. As an alternative to buying, it could work if pitched at the market you want as allows a vast variety of craft to play on for you membership and a huge cruising area.Just another rambling.

Over to you Bruce
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Old 24 February 2006, 08:42   #30
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RIBase
Why not consider RibShack - Ribshack

Offers all the benefits of rib ownership but with a turnkey soloution. I think that for 25% share in a 6.5 metre its around 265 a month.
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