Reply
 
Thread Tools Search this Thread
 
Old 07 July 2009, 12:13   #1
Member
 
gtflash's Avatar
 
Country: UK - England
Town: southampton
Boat name: TOP CAT 2
Make: Scorpion 8.1
Length: 8m +
Engine: 250hp HO
Join Date: Aug 2003
Posts: 1,318
2nd hand market values

Ive been considering upgrading to the next model up in size rib. BUT in my mind the price difference is HUGE, given what I would consider a fair price for mine.

Is the current econmic climate not taking its toll on the 2nd hand rib market or are dealers artifcially inflating prices??? One boat on the market is virtualy the same price it was brand new several years ago!!!!! Annoying
__________________

__________________
gtflash is offline   Reply With Quote
Old 07 July 2009, 14:47   #2
RIBnet supporter
 
Jizm's Avatar
 
Country: UK - England
Town: Southampton
Boat name: Hissing Sid
Make: Ross Smith Cobra
Length: 6m +
Engine: 200HP Optimax
MMSI: 235038046
Join Date: Jun 2002
Posts: 3,803
The prices seem much the same but they don't seem to be moving as they were. Maybe people are just hanging on to things instead.
__________________

Jizm is offline   Reply With Quote
Old 07 July 2009, 16:56   #3
Member
 
Country: UK - England
Town: Darlington
Boat name: Dory
Make: Crompton Seasprint
Length: 7m +
Engine: Mariner 200 outboard
Join Date: Jun 2009
Posts: 233
Market values

Quote:
Originally Posted by Jizm View Post
The prices seem much the same but they don't seem to be moving as they were. Maybe people are just hanging on to things instead.
I agree, I am looking at a retube and the prices are much higher than they were 3 years ago.
I thought now would be a good time to go for it and get a bargain!!
Fat chance!!

Lee
__________________
diverdad is offline   Reply With Quote
Old 08 July 2009, 12:48   #4
Member
 
Country: UK - England
Town: Cowes
Boat name: April Blue
Make: Humber 6.5 Extreme
Length: 6m +
Engine: Suzuki 140hp
Join Date: Jan 2004
Posts: 72
2nd hand RIBs

There is a very good market for 6m and 6.5m RIBs at the moment, especially those with 2 jockey seats , console seat, and bench seat at Stern. Therefore holding their price. 5 m boats are a bit more difficult and there are some good prices around. There ia also a lot of 10yr old plus boats around .


Roy
RIBBROKERAGE
__________________
Roy Webster

www.ribbrokerage.co.uk
roywebster is offline   Reply With Quote
Old 08 July 2009, 12:52   #5
RIBnet supporter
 
Jizm's Avatar
 
Country: UK - England
Town: Southampton
Boat name: Hissing Sid
Make: Ross Smith Cobra
Length: 6m +
Engine: 200HP Optimax
MMSI: 235038046
Join Date: Jun 2002
Posts: 3,803
Are RIBs 'moving' in general though Roy?
Jizm is offline   Reply With Quote
Old 09 July 2009, 03:04   #6
Member
 
Country: UK - England
Town: Cowes
Boat name: April Blue
Make: Humber 6.5 Extreme
Length: 6m +
Engine: Suzuki 140hp
Join Date: Jan 2004
Posts: 72
Things are slower this month than the last couple of months but boats are selling. Trade is always linked to the weather



Roy
__________________
Roy Webster

www.ribbrokerage.co.uk
roywebster is offline   Reply With Quote
Old 09 July 2009, 12:09   #7
Member
 
Country: Other
Town: Valencia
Length: no boat
Join Date: Oct 2006
Posts: 135
I just sold my 5m Ribeye package fairly instantly for 12k, bought new in 06 for 15.5k. I think both parties got a fair deal. A lot better than car depreciation. I may have got another 500 or so but the marina fees were due & it seemed a good time to sell.
__________________
RibinSpain is offline   Reply With Quote
Old 10 July 2009, 13:07   #8
Member
 
gtflash's Avatar
 
Country: UK - England
Town: southampton
Boat name: TOP CAT 2
Make: Scorpion 8.1
Length: 8m +
Engine: 250hp HO
Join Date: Aug 2003
Posts: 1,318
Quote:
Originally Posted by roywebster View Post
Things are slower this month than the last couple of months but boats are selling. Trade is always linked to the weather



Roy
Roy, is this year just a standard year then???? or is it a slower than standard season for selling......

I can only presume the rib market is like the housing in terms of spring buying, but without the scare tacticts of the press...... But the re invention of smaller and budget models from the manufactures must mean business is slower... so does that boost or hinder the 2nd hand market.

I had a call from a broker about a 9.75 twin engine boat i had previously expressed interest in. I decided it was out my price range, however when the broker called and said the price had dropped about 12-15k i neary fainted. IT was sold by time i got back in country
__________________
gtflash is offline   Reply With Quote
Old 10 July 2009, 15:38   #9
Member
 
Country: UK - England
Town: Cowes
Boat name: April Blue
Make: Humber 6.5 Extreme
Length: 6m +
Engine: Suzuki 140hp
Join Date: Jan 2004
Posts: 72
Like the housing market there has been alot more enquiries this year than normal but the percentage that lead to sales is less . The number of 2nd hand ribs sold is higher than normal .

High end boats are very difficult to sell at the moment and there are lots of these boats being reduced to sell.

From a regional perspective last year most of my sales were to Isle of Wight customers this year most of the sales have been to Mainland customers and not just the south coast . Boats have gone as far as Scotland ,Teeside, Bistol and Birmingham.

Roy
__________________

__________________
Roy Webster

www.ribbrokerage.co.uk
roywebster is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off





Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 07:49.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.