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Old 29 July 2013, 06:58   #1
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Country: UK - Isle of Man
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Boat name: Dauntless
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Rough Valuation?

I bought my RIB about a month ago. Apart from a few niggles most of which are sorted now (or due to be this week!) I like to think I got a pretty good deal.

I was wondering (mainly out of interest...but also in case I get more serious and fancy upgrading over the next few years ) what the general consensus on value would be. i.e what would you pay?

It's a Valiant V-520, I can't be sure but I think she was built around the year 2000. Very good nick, no chips on the hull and the tubes (I believe to be original) are flawless (a little dirty but I'm cleaning them up)

There are a few hairline cracks around the edges of the jockey seats.

The engine is a 60HP Mariner 2-stroke I believe to be from around 2000 also. I'm unsure of hours but it shows little use.

Garmin GPS (The small one, but new) VHF, nav lights on a-frame. Trailer is functional but probably only has a few seasons left before it's either replaced or has a major overhaul.

I think a lack of paperwork / knowledge from the original owner has gone some way to reduce the value but after having it all checked out everything certainly seems sound with it.

Any ideas? I don't want to say what I paid yet so I don't taint the result
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Old 29 July 2013, 07:10   #2
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The year should be the last 2 numbers of the serial number on the transom
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Old 29 July 2013, 07:48   #3
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Quote:
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The year should be the last 2 numbers of the serial number on the transom
Cheers I'll have a look.

I've got a picture of the only plate I could find but not much in the way of a serial number.

The only thing I can see is 3V11 but I can't see that being the serial...and I can't see it being a 2011. It's in good nick but not that good!
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Old 29 July 2013, 07:58   #4
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The rib should have a serial number and the engine too, you can find the age of your package from both these numbers
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Old 29 July 2013, 13:51   #5
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For me valuing boats is a difficult one due to all the variables. I have found price is often determined by time of year, how desperate someone is to sell, whether they are paying mooring fees etc and how much they think its worth, which often appears lots more than others do. Often you can see two very similar boats with apparently unexplainable differences in price. I have usually lost money,even in circumstances I thought I was going to make a little profit, because I has bought a bargain. many seem to start high and lower the price until they get a bite. it's about not trying to loose too much. A boat is only worth what someone is willing to pay for it. I guess being on the IOM you may have a bit more of a captive audience and get a better price?
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Old 29 July 2013, 14:39   #6
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Originally Posted by Sunstreaker View Post
For me valuing boats is a difficult one due to all the variables. I have found price is often determined by time of year, how desperate someone is to sell, whether they are paying mooring fees etc and how much they think its worth, which often appears lots more than others do. Often you can see two very similar boats with apparently unexplainable differences in price. I have usually lost money,even in circumstances I thought I was going to make a little profit, because I has bought a bargain. many seem to start high and lower the price until they get a bite. it's about not trying to loose too much. A boat is only worth what someone is willing to pay for it. I guess being on the IOM you may have a bit more of a captive audience and get a better price?
I know exactly what you mean actually. There's one for sale at the moment over here, personally I would have thought it would be up for 15k+ but they're advertising for 11.5k. (If I had the money it would be mine!)

I'll get a bit more information and hopefully I can get a bit more of an idea based on age etc.
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Old 30 July 2013, 05:28   #7
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A picture would help!

Also, do you have any paperwork at all? That does effect the the price / ease of selling.
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Old 30 July 2013, 05:42   #8
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A picture would help!

Also, do you have any paperwork at all? That does effect the the price / ease of selling.
Pictures below, no paperwork unfortunately. I was a bit over excited and it seemed like a good deal at the time so my 12 year old self took over...as usual





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Old 30 July 2013, 05:59   #9
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I would see it at 5,500 - 6,000 (but I don't want to buy it - no offence).
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Old 30 July 2013, 06:09   #10
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Those are not valiant seats. the tank at the rear is valiant(73 ltr) someone has changed the seats but not bothered to re-install the fuel tank or get a a fuel tank to suit. The tubes are pVC and appear to have seen pleanty of sun light a re-tube my not be that far away. If that DR 520 handles like my DR 490 that weight of the fuel tank at the rear is not a good thing.

TSM
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