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Old 18 October 2008, 14:15   #41
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Originally Posted by sarah_muller View Post
Thanks everyone,

It seems that people don't really like or perhaps understand the sharing (maybe I can get some marketing/PR work from them).
Sarah
I'd guess you could safely send them your first invoice any time soon......

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Old 18 October 2008, 16:44   #42
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Originally Posted by sarah_muller View Post
That's what Lynx sell themselves on... the fact scorpian RIBs are the best and most can't afford them.

Sarah
Who's PR have you been lapping up?

Lexus are the best cars and most can't afford them.
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Old 19 October 2008, 13:13   #43
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Originally Posted by sarah_muller View Post
Hi again,

Malthouse, what do you mean they are designed to be marketable and not affordable? If I was to buy a Cobra RIB it would cost me about 600 per month on HP with a 20% deposit according to Lombard. I'm not saying this is what I would do because of the interest but 495 all in (RIBshare or Lynx) is more affordable than 600 PM for just the boat.

Polwart, bareboat is an option but this year I got out on other boats about 20 times (not all RIBs though) in the summer period so that way would quickly mount up so not to keen on it and I've had a taster and know what to expect and want more! ha ha.

RIB stands for Rigid Inflatable Boat doesn't it, so if it's rigid why are you lot harking on about the weather, reality check, this is the UK, we don't get that stuff anymore.. ; )

I'm a "city girl" but I'm not on millions per year bonuses ha ha and I wouldn't want to waste money not using something I buy/share/lease.

So looking at a Cobra 755 (you might of guessed but I like the look of that boat) what would dry stack cost per month? cleaning etc too? RIBshare list these costs:

Boat insurance - 50 per month
Marina fees - 250 per month
Maintenance & cleaning - 40 per month

Total - 340 per month

Are these costs accurate?

Sarah
Sarah

I'm one of the RibShack owners. I'm happy to take any of your questions here or offline by Private Message.

I can say I'm very happy with the package. It suits us very well and although nominally it's a 1 week in four deal, the ability to switch or use boats at other times works very well - never had a problem getting a boat when we want one. And, the lack of having to faff about at the beginning and end of the day is outstanding. (Some people do enjoy this - I did when I had the time - but frankly these days with a family I'd rather be on the water.)

For your and others info:
- This is an ownership scheme so you share buys you 25% of the boat - it is not owned by the management company so there is no exposure to the company holding your asset/cash (only to the inevitable depreciation). It is not a 'x days a year' deal that you book on a boat you don't own.
- They are not aiming to sell the cheapest ribs on the market although I do know they are looking to get into smaller boats for those who want them. Their segment is the leisure market not basic utility boats.
- They are fully specced up with necessary high quality nav and safety gear. Probably to a level a bit higher than I'd have gone for if I'd bought my own outright so that's a bonus.
- When I looked at ownership, I quickly realised that drystacking alone would cost me more than the monthly management fee - and that fee covers everything apart from fuel.

In summary, I know I wouldn't have (unfortunately) got anymore use out of a boat I fully owned. In practice, it actually encourages us to get a bit more organised. Works for us
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Old 19 October 2008, 14:13   #44
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Sarah,

I own my boat, and perhaps am the perfect example of someone who should go for the organised boatshare type agreement.

Some thoughts:-


I keep the boat in Southampton at Drivers Dry Berthing. It's a 7m RIB and costs about 1500 a year for storage, plus about 40 for launch and recovery when I want to use it. It's not drystack, but does offer the turn up and go solution. I called driving down Saturday morning at 0845 and she was in the water waiting for me at 0930. It does not always work so perfectly, and more notice is definitely better, but a pretty good service nonetheless.

Insurance probably costs me 400 a year.
Servicing about the same, plus maybe some additional repairs etc as and when required.

The problem for me is this. I work abroad, and come back to UK many weekends a year, and stay in north london when I am here. I don't live close to the boat. If anything needs doing, I need to drive for 2 hours to do it, and don't necessarily manage to use the boat that time either. If I need it serviced, I either stump up extra to have someone collect/deliver the boat back, or have to go out of my way myself so get things done. If I have an electrical problem, or have to fix the trailer, it's a hassle. One of the sharing schemes could be so hassle free in comparison.

But, I have a 7m rib I can turn up and use, don't have to launch etc and I love it. That said, wen I tot up all the costs and add in the inconvenience, maybe I would sway towards the shared ownership idea. Then again, I'd also worry about how others were treating the boat when they use it, so on balance I am not sure. (Sorry, no great conclusion).

One important questions is how often do you plan on using the boat. 6 days a month or 42 days a year or whatever is a great idea, but is it realistic? Twice a month if I am lucky, and in winter maybe once a month. Realistically, many people probably don't use their own boat more than 20 days a year, and that will be a lot for some.
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Old 19 October 2008, 15:41   #45
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Quote:
Originally Posted by Neil Harvey View Post
Sarah,

I own my boat, and perhaps am the perfect example of someone who should go for the organised boatshare type agreement.

Some thoughts:-


I keep the boat in Southampton at Drivers Dry Berthing. It's a 7m RIB and costs about 1500 a year for storage, plus about 40 for launch and recovery when I want to use it. It's not drystack, but does offer the turn up and go solution. I called driving down Saturday morning at 0845 and she was in the water waiting for me at 0930. It does not always work so perfectly, and more notice is definitely better, but a pretty good service nonetheless.

Insurance probably costs me 400 a year.
Servicing about the same, plus maybe some additional repairs etc as and when required.

The problem for me is this. I work abroad, and come back to UK many weekends a year, and stay in north london when I am here. I don't live close to the boat. If anything needs doing, I need to drive for 2 hours to do it, and don't necessarily manage to use the boat that time either. If I need it serviced, I either stump up extra to have someone collect/deliver the boat back, or have to go out of my way myself so get things done. If I have an electrical problem, or have to fix the trailer, it's a hassle. One of the sharing schemes could be so hassle free in comparison.

But, I have a 7m rib I can turn up and use, don't have to launch etc and I love it. That said, wen I tot up all the costs and add in the inconvenience, maybe I would sway towards the shared ownership idea. Then again, I'd also worry about how others were treating the boat when they use it, so on balance I am not sure. (Sorry, no great conclusion).

One important questions is how often do you plan on using the boat. 6 days a month or 42 days a year or whatever is a great idea, but is it realistic? Twice a month if I am lucky, and in winter maybe once a month. Realistically, many people probably don't use their own boat more than 20 days a year, and that will be a lot for some.
Interesting points. Sharing schemes vs ownership appears to be an option for what we would call down here 'absentee owners'. We live a mile from the sea, the boat lives in a shed in the garden and there are no sharing schemes within 250 miles of us, so anything other than ownership is not an option. I do know that trying to own and maintain a boat 'remotely', as in leaving it with a yard to take care of it, can be fraught with problems. Perhaps, for such a user, a scheme would have its merits.
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Old 19 October 2008, 16:11   #46
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We live a mile from the sea
Lucky you

We always used to keep boats at home. But now I tend to go at very short notice, so often just go down on my Jack Jones, so launching a 7m rib is not ideal. The SR5. I had was great for that, but I wanted more!!! Like all things, there are positives and negatives.
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Old 19 October 2008, 16:41   #47
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Sarah, (or anyone else that wants to join the Lynx Club..)

Why not come down to Lymington and i will take you out in one of our boats and explain what we offer?

There are no catches, we do not offer you ownership of the boat in any way and charge roughly what you would pay for a berth in Lymington anyway. A 8.1 Scorpion costs 58161.00 out of the factory Ex VAT, then add all the equipment to make it a coded (for commercial use).

It is not a cheap boat and you will understand what i am talking about when you have been out on one. In fact, go out on all the options available and you will get a feel for which one suits you best.

Any questions please feel free to call.

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Old 19 October 2008, 19:23   #48
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I've been out on a cruise last year where one of the other ribs was on a shared ownership, the owner for that day drove like a total prat hammered the boat, engine etc all day.
That's exactly what would put me off shared ownership of anything, whether it was a boat, a plane or a vehicle.

Otherwise the idea of turning up and having had somebody do all the crap bits and then leaving them to do the crap bits at the end sounds great - there are a lot of days I feel like just going out for an hour or so but can't be bothered because it takes longer than that to prepare and then wash up at the end.
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Old 20 October 2008, 02:17   #49
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That's exactly what would put me off shared ownership of anything, whether it was a boat, a plane or a vehicle.

Otherwise the idea of turning up and having had somebody do all the crap bits and then leaving them to do the crap bits at the end sounds great - there are a lot of days I feel like just going out for an hour or so but can't be bothered because it takes longer than that to prepare and then wash up at the end.
That's pretty much how it panned out with some guys I know. One was Mr.Fussy, the other left the boat with beer cans etc strewn all over it.
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Old 20 October 2008, 03:46   #50
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Hi Sarah
Just to put my two cents in..
Owning a boat becomes a lifestyle, which is incredibly enjoyable. If you are buying a new/used rib the depreciation is generally quite small, so if ribbing wasn't for you, sell it! you wont loose too much. Buying an Rib this time of year gives you an enormous choice and some great end of year specials. Sharing a boat for me is a no no. I love my boat too much and would not like the thought of anybody else using it.

Tony
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