As all tanks would already be contaminated, I guess it would be a matter of commercial vessels claiming back a rebate, yet more paper chasers with a job! I for one don't know why nothing has been done to get the road tax part of petrol removed for petrol boats, why on earth should someone with a diesel boat pay less than me for the same hobby. Don't get me wrong, I had the choice when I bought, but to pay £12,000 more for a diesel in the same boat didn't add up for me, you could almost buy the engine for that amount and that was ON TOP of the already installed 5.0gxi 270hp volvo!
I just think that anyone with a diesel boat should enjoy the last two years, and be thankful for the past, lets face it they have filled their boots over the years
My fuel costs are about £800 a month, so things can only get better for me if I go diesel e.g. more range, safer boat (according to some), and plumes of black choking smoke
Oh! if the price of petrol came down and diesel went up, meeting half way, I would support that
All the nonsense about great losses of jobs is codswallop, there are loads of people ready to jump in the hard to get South Coast berths of those that have bitten off more than they can chew if the prices rise
And ANYONE who buys a diesel boat of any sort now, relying on cheap fuel to run it, and who does not calculate what could happen in 2006 into their budget (including an immediate fall in their boat value) is a total and utter fool IMHO. I will be delighted to take their nice big boat off their hands at a fantastic reduction in 2006 when all these boats suddenly swamp the market.
I may be wrong, but I don't think so, it seems to be all or nothing.
I did a calculation using a mortgage calculator I found here :- https://online.ybs.co.uk/public/mortgages/quick_calc.do
Now if your budget was say £1,500 a month for an average boat, it showed that if you were to borrow £150,000 over 15 yrs @ 5.79% it would cost you £1,247 a month. If you normaly budgeted and used £200 a month on fuel and the price rise went to street prices it could bring your cost for fuel to £800 a month. Take that off your budget of £1,500 and you have £700 left, well a quick look at the borrowing calculator shows that for £665 a month you could only borrow £80,000, so if I was a buyer after the price rise I would want a discount from the seller of £70,000 to cover the new fuel costs and keep within my budget of £1,500 a month, scary really, and that is without the depreciation of the boat
Ok so I may agree on £60,000 off the price including a tank of fuel