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Old 08 October 2003, 06:22   #1
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Country: UK - England
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Ribtec 585

So, just about to take the plunge on a Ribtec 585 (measures 5.96 approx). I has a pretty tidy looking / sounding Merc 125 on the back. Only a centre console with double jockey and very basic instrumentation. No A- frame / lights.
I took it out yesterday in some short steep seas and it handled well - albeit a little on the flighty side but only two up and very little fuel.
If I do buy it, I have located two double jockey seats which will be fitted behind the existing console / jockey. A new A-frame and lights will also be fitted.
Also includes a trailer which needs some attention to the brakes.
All in all it seems to be a good honest boat - a little basic but that can be sorted.
The package is 1996.
I am looking at spending about 1450 on extra bits: jockeys, A-frame, lights and a few little repairs.

The seller wants about 11 - 12k for it.

Any ideas whether this is the right sort of price (Bearing in mind I have to spend extra on bringing it up to my spec)?
Also I may want to sell it in a year or two to go bigger.
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Old 08 October 2003, 06:32   #2
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Country: UK - England
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Boat name: Won't get Fooled Again
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Length: 6.5
Engine: Honda 130
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How old is it How old is the engine?
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Old 08 October 2003, 06:40   #3
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11k or 12k

I can't really advise on it's true value, however, if a seller says I'd like between 11K and 12k what he has just said is, I'll take 11k.
Now is a buyers market, sellers are selling because they need the money despite what they might say. If they didn't they wouldn't be selling would they ?

My advice to you would be.....1. Decide exactly what you are prepared to pay for the boat including what you need to spend on it.
2. Make a list of all it needs and a rough price against said list. Show this to the seller and advise him that if he reduces the price from 11k to the net figure you'll give him the cash (make sure you have the cash in your hand as you're telling him this). You WILL no doubt meet somewhere in the middle. It's a 2 way street and both parties need to be happy.

However, if need be, walk away, tell him you wish to think about it. Then, about 1 hour later, call him on the phone and ask if he'll reconsider the same offer - he should say yes - the fear of loss syndrome would have well kicked in during that 1 hour. If not offer an additional TOKEN amount - now he will say yes and you're on a winner.

Good Luck...
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Old 08 October 2003, 06:41   #4
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Its 1996 - Boat/Engine/Trailer
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Old 08 October 2003, 06:46   #5
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Thanks MeMe. I had almost decided to go in at 9750 and see what he says - we'll probably meet somewhere around the 10 - 10.5K I guess.
I suppose my main concern is, is a RIBTEC 585 with 125merc and trailer good value?
Nick
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Old 08 October 2003, 06:57   #6
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I don't think that's a very good deal at all! I wouldn't want to pay more tham 8-9k and i'd want the trailer sorted

Pete7 is selling a really up to speed Ribtec 635 that has been immaculately looked after for around 9.5 with a trailer which I think is younger than that one , but is a very good boat
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Old 08 October 2003, 07:07   #7
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cont....

Others will I hope give you advice on it's value, however, whatever the purchase the art of negotiation is the same. You have set yourself a budet of 9750 which, you should try and stick to. Therefore, PLEASE PLEASE PLEASE don't be afraid to offer 9500. One can always go up but never down. I won't go on and on and so will leave you with this one crucial piece of advice. Make the seller your friend, be prepared to sit and chat about the price of fish, his farting dog, his cheating wife etc etc all day long. Once people become your friends they feel happier giving you something. In this instance, the price you want. Imagine how pissed you'd be if you offered 10,500 and he simply said yes. What might he have also said yes too ?

Good Luck.
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Old 08 October 2003, 07:14   #8
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Wavehumper,
Do you have any way of contacting Pete7.
Do you know what the spec on the 635 is?
Nick
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Old 08 October 2003, 07:34   #9
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Engine: Suzuki 115hp
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I agree with Wave - it's a lot of cash for that size of boat at that age. I guess the engine is a carburetted 2-stroke?

Do the following sums:

1. Look at the asking prices for a similar engine on www.boatsandoutboards.co.uk
2. Look at the asking prices for a very recent good 4-stroke or fuel injected 2-stroke on the same site.

Subtract the first from the second, (have I lost anyone yet?) then add it to the purchase price of the rig you're looking at. Then add 500 for miscellaneous bits, and add the sum you budgeted for new console stuff.

Could you get a newer rig with a better engine and the console layout you want for the final figure?
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Old 08 October 2003, 07:50   #10
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Sent you a PM with Details I agree with The pepper theory also

To be honest there are some 6.5 mtr Scorpions floating around for 14k (yummy)
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