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Old 16 October 2012, 02:30   #11
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A lot of responses to the thread, I think everyone would like to understand why. I have also pondered that question especially when you look at the cost of different size ribs with the same engine and specs from the same manufacturer, say for example a 7M rib was 50k, and a 8M Rib same spec was 75K and a 9M rib same spec was 125K, why does the extra metre for the 9m rib cost twice as much as the extra metre for the 8m rib.

I guess the answer to all this is because people will pay it. You also have brand cost as well and exclausivity.

Bit like an Iphone, latest Iphone 5 basic spec is 529 ! thats crazy money for a mobile phone but demand is high they are considerd cool and people will pay for the brand image.
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Old 16 October 2012, 03:48   #12
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Not sure how far Mollers had his tongue in his cheek with the "skilled British labour / quality materials" comment (have you been under the console of some of these ribs - I suspect you have)

I know UK labour is expensive, but that doesn't explain why almost all of the "splashed" under-powered Chinese import ribs (no names - but you can tell I'm a fan) are still coming out at about 20k for a 5m with a 50hp on it.
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Old 16 October 2012, 03:54   #13
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We are talking about a product that is at best made in the 100's of units rather than 10s of 1000s per annum. Each product is virtually bespoke design as everyone wants something slightly different. there will also be design and development costs that have to be covered as well as liability insurance etc. If it is built in the UK, the labour rate and costs for property etc are very high. So when you combine that lot, it is hardly surprising that they are costly.
Plus of course, as soon as you label anything as "marine", there is a compulsory price mark up, although I have never understood why this should be so, as lots of components are generic and are used on cars as well.
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Old 16 October 2012, 04:28   #14
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Quote:
Originally Posted by Dry Run View Post

I know UK labour is expensive, but that doesn't explain why almost all of the "splashed" under-powered Chinese import ribs (no names - but you can tell I'm a fan) are still coming out at about 20k for a 5m with a 50hp on it.
But who would want a 5m with a 50hp on it anyway, it would need to be cheap ?
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Old 16 October 2012, 05:22   #15
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Going back to the 1st post, the value of the fletcher with twin 4.3's would've plummeted from the new cost more so than the rib. How much is a day out in that going to cost in fuel, I'm assuming they're petrols?

Sent from my portable speaking device using Rib.net
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Old 16 October 2012, 06:09   #16
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Maybe the question should be "why don't hard boats hold their value?"
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Old 16 October 2012, 07:14   #17
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Where's Manos when you need him, I seem to recall having this discussion a few years ago!

Mind you, when I see posts like this.. RING 880 rib ...... NEW I do ask the question myself.

With material costs at less than 3.00 a kilo for polyester and glass, it's either unbelievably heavy, or it had a very skilled, and highly paid workforce building it!
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Old 16 October 2012, 07:25   #18
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Quote:
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Maybe the question should be "why don't hard boats hold their value?"
John, I think some hard boats DO hold their value. Hard "motor" boats particularly with thirsty engines definitely don't though.......
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Old 16 October 2012, 08:46   #19
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Ribs are still a niche market. They might be big in Europe but on this side of the pond (I'm in Florida on vacation, on holiday... you know what I mean) it's all hard boats, fully loaded, with big engines.

The Fletcher, arguably the better boat, purely because of the engines and internal layout and fit is going to be cheaper because it's going difficult to sell, and because it's a thirsty brute.

The Zodiac Open Pro 550 is an old boat now design wise, especially with captains chairs that were never practical. Newer versions come with a bolster seat. The advantage is it can be re-engined, and to buyers when they see a shiny frugal 4-stroke Yamaha - then it's an easy decision. It can also be retubed. Expensive I know, but with a set of new season Zodiac black and red tubes - it would transform it.

Back to gas prices here. Currently $3.30 a gallon, where as we're paying an outrageous 1.45 a litre. That's why everyone drives V6 and V8 saloons and trucks. If petrol prices halved back home, then everything else would change in time.

Not sure if that answers the original question... but that's my take on it.

Right back to the pool!
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Old 16 October 2012, 08:59   #20
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In the UK RIBs are quite fashionable and have a well perceived reputation for safe fast and fun boating. As such the manufacturers load the price because that is what the market will bear.

Why sell something for a reasonable markup when you can grab a mahoosive slice

Same goes for trendy sports wear, up market cards, Apple computing stuff etc etc.

Anyway it's a well known fact that all people who own boats are loaded
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