Happy New Year to you all!
The fact is that our 24 year old RIB is no longer suitable for our needs. We did contemplate a staged renovation; tubes this year, engine next etc but even then the configuration will not suit our needs. It is a narrow beam vessel and we need two jockeys; inline will take far too much space as we need a functional dive boat.
I am pretty sure that the investment of new tubes and a modern engine together with some general tidying up would not result in the realisation of that investment afterwards.........correct me if I am wrong here!
So, how do I go about making sure that I maximise the return by selling now for someone else to enjoy rebuilding to their requirements...how do I really know what it's worth?
Boat is a runner and runs well but could do with some TLC around the edges.
So, it is a 1990 (I think) Osprey Sparrowhawk with a 1991 (I think) DT85 sitting on a 1995 Indespension RC3.5 braked trailer.
I'd probably keep all the chandlery and some of the electronics for a new vessel so trying to value a bare boat, engine and trailer.
So, if I renovated I'd probably have to spend between £8k and £10k. It isn't going to be worth that afterwards..........is it because I would consider getting it done if i was going to see a return?