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Old 03 June 2005, 03:12   #1
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Depreciation

How much does a RIB w/ o/b depreciate? Is it like a car, ie a stone? Do you lose the VAT as soon as you use it? How much cheaper should a manufacturer's demo RIB be? What is the typical secondhand value of a three and five year old RIB? Do optional extras add value to the resale value?

What sort of discounts can be achieved when buying new?

Also, how does a RIBs value compare with a hard powerboat?
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Old 03 June 2005, 03:50   #2
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Quote:
Originally Posted by rbw156
How much does a RIB w/ o/b depreciate? Is it like a car, ie a stone? Do you lose the VAT as soon as you use it? How much cheaper should a manufacturer's demo RIB be? What is the typical secondhand value of a three and five year old RIB? Do optional extras add value to the resale value?
I think your question is too general, perhaps you should have a good read of the for sale section for typical values against age etc Also with looking at Boats and Outboards again for typical values of secondhand ribs.

Quote:
What sort of discounts can be achieved when buying new?
Won't be many dealers wanting to give substantial discounts at this time of year, however in November and December.......

Quote:
Also, how does a RIBs value compare with a hard powerboat?
In terms of what you get for your buck probably quite poorly, a 20 ft American hardboat with 4/5 seats should be well spec'd, have a cuddy/berths and lots of drink holders. However, Ribnet members seem to use there ribs as a means of transport to go and do things, rather than just polish them and admire them sat on a trailer in the front garden, or as a mobile caravan permanently moored on the Hamble. Given the choice, size for size, a rib is an extremely sea worthy boat and if the crew are up to it capable of some interesting voyages. Have a read of the "should I go" threads, yes a 17 foot fletcher might have made it, but I wouldn't be on board.

Pete
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Old 04 June 2005, 17:10   #3
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A lot of this depends a huge amount on the make (IMHO) - yes "unknown" or "budget" makes drop like a stone - imagine buying a new KIA or ASIA or anything like that! Scorpions, for example, depreciate much much slower (10yr old + large 4stroke or DFI 2-stroke likely to be 20k still)

Interestigly i would say in a lot of ways the RIB market is a "sellers market" - all the main manufacturers have orders for several months and don't have to cut costs to sell. I would be cautions of anyone who did because their product is not selling.

Again, IMHO, the RIB market is starting to be flodded with manufacturers who don't really understand what it's all about. They are making hulls, sticking tubes on, bolting on an engine and selling it as a RIB "package". A RIB is far more than that - every component needs to be considered and of top quality material and fitment, and the hull needs to do a good job, the seating needs to be right, the boat balance... the list goes on.

A company that springs to mind are RIBquest (sorry to point a finger) - they are new to the market and good luck, but the build quality seams poor and the components used would not last more than a few hours in my hands at sea or those of many if not all serious RIB users.

I'll get off my soap box now.
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