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Old 16 October 2012, 09:06   #21
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Anyway it's a well known fact that all people who own boats are loaded
Exactly right - with debt

B.O.A.T - Bring On Another Thousand
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Old 16 October 2012, 09:44   #22
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As others have said most ribs are built to order and there's a high degree of skilled manual work involved.

That said, a lot of the price of a rib isn't the hull / tubes but everything that goes on top - engines, consoles, seating systems, electronics etc...
Engines are "expensive" - often 30-40% of the total - more than you can pay for a whole car, but are they really expensive when compared to the cost of building / shipping them - I don't really know.

I call something expensive when I can't equate cost with price / value.

I can't understand why some rib brands that only offer a turn-key package - this is the layout, these are the instruments, this is the engine - are more expensive than bespoke / tailored ribs. You've have thought that standard "production line" ribs would be cheaper.
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Old 16 October 2012, 10:16   #23
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Quote:
Originally Posted by jokaboat View Post
Anyway it's a well known fact that all people who own boats are loaded
er, right up until they buy one, anyway
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Old 16 October 2012, 11:18   #24
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As a producer I can assure you I would love to produce a lower price product but it just can't happen. Your looking at it as you are going to make it in your own garage. In theory it sounds simple knock up a quick hull bish bash bosh . In practice to build in UK in small numbers ,to a good quality ,give choice and back it up properly is very different .
Take a simple 6.5 rib , one skilled person three weeks to produce the hull and deck, a week for console and seats, another week if not more to fit it out - wages, materials, building (suitable for the purpose, heated, ventilated and dry) ,power. Overheads - rates ,accounts, phone,vans trailers - percentage per boat , 2 x1100l bin full of rubbish per boat. Fuel tank 'hose , basic stainless fittings,compass, electronics ,set of hydraulic steering, double a frame, seat backs, upholstery, screen rail ,screen, battery, cable, battery switch and box, bilge pump,Tubes 4300+, if you don't produce your own tubes then travel to and back from Devon - driver fuel etc. Engine 9k plus. insurance - public and builders cover 1200 per month. Profit and Vat. Warranty - a percentage should be allowed . Advertising - smaller magazine 600 (half page per issue) Major MBM 2400 per issue. Boat show UK 12k ,web site, photos ,printing. Time and fuel for demo .
We have just completed new open 6.8 rib we call the Shearwater Cutter which we will announce next month. To produce the molds cost 100k. Ce certs 1500
This all has to be covered to give a quality product and service.
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Old 16 October 2012, 11:26   #25
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Materials are cheap, gadgets are costly, European handlabor is quite expensive and manufacturer's have huge profits. Boating has a social status, who ever said it was a cheap water sport ?

Happy Boating
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Old 16 October 2012, 13:02   #26
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Jim, your overheads sound depressingly familiar

It's sooo easy to create a fortune looking at someone else's business, trickier when it's your own
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Old 16 October 2012, 13:32   #27
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Quote:
Originally Posted by Jim Robinson View Post
We have just completed new open 6.8 rib we call the Shearwater Cutter which we will announce next month. To produce the molds cost 100k. Ce certs 1500
This all has to be covered to give a quality product and service.
Out of interest, over how many hulls would you plan to amortise that development cost?
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Old 16 October 2012, 14:16   #28
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Plus a lot of the stuff people stick on their rib is someone elses stuff. Electronics, Engines etc. I'm sure builders get a good dsicount for sticking them on, but the stuff manufacturer is making profit too.

When did you last buy a car, specify that the driver's seat and steering wheel was to be 2 inches nearer the centre than in the glossy brochure, as for a different GPS, inbuilt phone, and to add some extra paint to the door sills to stop them rusting as quick...
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Old 16 October 2012, 14:16   #29
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If the we look after the mold properly, wax, pva the non slip -100 pulls if we are lucky by which time we would up date anyway. Luckily we have a team who realise work is scares and want to keep things going so are very careful. Break even point is around 12 hulls . Luckily Shearwater is part of Bembridge marine, the boat yard is doing well which pays for the investment in Shearwater which I hope will pay off in the long-term .It must be hard going for anyone who is just building at present ,tough times.
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Old 16 October 2012, 16:12   #30
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Jim has given a lot of valid points and add to that i was once told by a very well known rib manufacturer that his hulls were nearly twice the lay up of his hard boats .As a tube manufacturer i do not charge for templating new designs but hope to recover this from repeat orders and as a very small company we have to hold 150,000 of fabric stock as well as other components ,rubbing strakes are only available in large quantities 200 to 600mtrs if we want reasonable prices .lastly i would really love to see some of these huge profits that people seem to think we make
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