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Old 04 June 2017, 08:26   #1
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Make: Zodiac Pro Open
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How an earth do you establish the value of a RIB?

I am in the market for a RIB.

I don't want to spend too much as I want to make sure I get use out of it, then I might upgrade.

Looking to spend in the region of £6k - £8k.

From looking around on the web, on here, brokers, Apollo Duck, Ebay etc, there doesn't appear to be much of a pattern. It would appear that some people way over value their boats.

Even "completed listings" on Ebay don't follow much of a pattern.

Any decent "rules of thumb" I can use?
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Old 04 June 2017, 09:06   #2
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How much do you want it, how well does it tick all your boxes?

Other than that how new is it, how big is it, what electronics does it have, trailer?

I would decide what you want to use it for, that will give you a size guide then go from there.
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Old 04 June 2017, 10:15   #3
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buyers try to apply tatty boat prices to good boats and are often disappointed when the answer is no!. Tatty boats are cheap for a reason, you will be surprised how much it can cost to bring them up to scratch. My advice is be realistic and get the best condition boat you can afford and be prepared for some additional costs to get it to the spec you want.
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Old 04 June 2017, 10:40   #4
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Hi, I replied to a post of yours on a bike forum yesterday - small world!

I am looking for something remarkably similar to you, but have yet to get permission to spend the cash from my more sensible half. And yes, it is a bit of a minefield it seems. In the world of push bikes you know the moment it has left the show room the 2nd hand price is not far off half the rrp and it goes down from there with a rule of thumb of 10% off for every year, desirability and condition depending. In Rib world there does not seem to be as much available so often not many direct comparisons to make.

I've looked (virtually, not got around to going to see any yet) at a couple of boats from 2004/5 where the seller is asking not far off what the RRP of the package (boat and outboard) was at the time it was new. Clearly a lot less than the current new cost of the same package but that still seems steep even for a very good condition boat. I know older yachts often sell for more than their original purchase price if well looked after but ribs feel more 'consumable'. I guess the price is determined by what others are prepared to pay. Some models and sizes will remain popular as they age more than others.

Do you have a model or size in mind?
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Old 04 June 2017, 10:54   #5
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Hi Convert! Was it the ebay mini rant post?

It's interesting from what Wellhouse posted and then what you have seen.

I am looking at a Zodiac 550 on Ebay, I need to have something that doesn't have jockey seats to get the purchase order approved by SWBO.

I think part of the problem is that there are engines knocking about that have had very little use and might only have 300 hours after 10 years, so the seller seems to think it's an almost new engine and prices accordingly.

I also find that the well known brands, Avon, Zodiac, Tornado etc can attract similar premiums that the likes of Spesh do on Ebay. Although in the case of the boats they probably deserve the higher value.

At the end of the day, I suppose they are worth what people are willing to pay. That's why you see 25 year old Searider SR4's advertised for £3k.
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Old 04 June 2017, 11:04   #6
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Yes, that was the thread!

I'm looking for something a little shorter or certainly no longer with jockey seats (something like a ribcraft 4.8) but will be interesting to see what that Zodiac finally goes for. They have not made much effort to present it very clean which might be in your favour.
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Old 04 June 2017, 11:17   #7
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The reserve turned out be stupidly low, £3,500. So they are keen to sell.
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Old 05 June 2017, 11:31   #8
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It's hard to get a "deal" at the start of the season when prices are high and availability low. I know you want one THIS summer but if you wait until October you'll probably do 20-30% better have have better selection.
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Old 11 June 2017, 10:22   #9
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So what happened to that Zodiac? On ebay it looks like all bids got cancelled and it failed to make reserve.
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Old 11 June 2017, 10:56   #10
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Not completely sure. It did make reserve, that was set at £3500. It was at abut £4600 when it was "no longer available".

I guess somebody made an offer. I considered making an offer but couldn't of collected until Tuesday, which was after the end of the auction, so I thought they would of just let it run, so didn't bother.
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