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Old 16 October 2017, 15:45   #1
eze
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Costings for my project

Just thought I would share this for prospective new boat owners.

Essentially, what started out as the purchase of a cheap fun run about for exploration has turned into a much bigger project. Don't get me wrong here as I am not moaning about it (yet) as I could have saved funds by being content with what I initially purchased.


But that's not me as pretty much every motorbike I bought I modified to varying degrees. In the world of motorbikes I splashed out £10k on the engine of my Buell S1 ....only to find that a lack of cooling to rear v cylinder constantly buggered the rear piston. Best bike I bought was a 1998 Yamaha R1...already kitted out for race spec....wow, that was a bit of kit.

As a heads up to prospective rib/boat owners I feel that major funds can be saved by thinking about what your requirements are and purchasing a complete package to suit. I also suggest to purchase 'off season' as there appears to be a wider pool of boats to choose from.

I must admit that even though it is costing me here, it is an interesting learning curve and that is something I value.

Below is a basic costing of my project




Purchase of Humber Assault
£1650
Insurance
£112
Tube cleaner (shite)
£10
UV protectant - 303
£18
4 x life belts
£100
Bilge pump
£20

2 x 2 inch ratchet straps
£13
4m x 6m Tarpaulin
£29.89
2 x Number plates
£13
37m x 10mm rope for anchor ect
£50
25 litre tank
£60
4.5 kg danforth anchor & 7mm chain & 10mm rope
£53
hook 4 chirp
£178.9


single jockey seat
£335
10mm x 37 mtrs rope - 2500kg
£36.98
original gorilla glue
£6.75
50 no 12 x3/4 pan head 316 s/tappers
£9.95
50 no - 5 & 6mm hardwood dowling plugs
£4.1
7 no - 120 /80 g flapper grinding discs
£12.04
block and tackle
£27
New 60 hp Mercury efi 4s fitted
£4050
Insurance revision
£36
75 m roll of mutton cloth
£26.25
order for deck, console, transom, hull update
£249.4
engine lock
£42
Toluene solvent - rib cleaner
£9.99
2 x 4" roller trays, 10 x inserts, 2 x rad rollers, d/masks
£24
hobby multi tool
£22
2.5L non slip black flow coat
£34
100 quantity no 12 x 32 mm pan head 316 s/tappers
£20.95
2 no L76x50w int x 10mm square u bolts
£12.36
4 no L105x50w x 10mm square u bolts for axle
£18
steering cable gromet - 110cm, black
£7.4
1 tube sikaflex 291i - black
wheel clamp
£30
88mm pod housing
£35
replacement console seat
£95
teleflex /seastar nfb safe-t 11 rotary helm &cable
£163
throttle cable
£50
gear cable
£50
flare
£20
flare case
£10
vhf radio
£120

107 mm gromet for steering cable
braided sleeving for cables
steering cable gromets
tank q/fit connector
£10
trunking & switches
£70
spare wheel for trailer
£45
winch strap
£15
Marine grease
£8
4 x pressure relief valves
£200
plate for control
£15
total
8314.3
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Old 16 October 2017, 16:33   #2
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You need to add another 10 quid for a crystal ball as we need one due to lack of before and after pictures
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Old 17 October 2017, 03:10   #3
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There're a lot of self tappers in there
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Old 17 October 2017, 03:20   #4
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Scary isn't it. I don't cost it if it's for me. I'd cry.
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Old 17 October 2017, 03:23   #5
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Quote:
Originally Posted by Nos4r2 View Post
Scary isn't it. I don't cost it if it's for me. I'd cry.


I keep a mental tally of the big ticket items, but never factor in every nut, bolt, sika, etc.
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Old 17 October 2017, 03:26   #6
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I want to know how you can build a boat without cable ties I mean what kind of project is it without at least 1 cable tie
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Old 17 October 2017, 03:53   #7
eze
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Quote:
Originally Posted by Pikey Dave View Post
There're a lot of self tappers in there
Hmmmm....about that.....I ordered them too short Also over ordered on flappers wheel, one would have sufficed.
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Old 17 October 2017, 03:54   #8
eze
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Quote:
Originally Posted by breezeblock View Post
I want to know how you can build a boat without cable ties I mean what kind of project is it without at least 1 cable tie
stock item.
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Old 17 October 2017, 03:56   #9
eze
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Quote:
Originally Posted by Nos4r2 View Post
Scary isn't it. I don't cost it if it's for me. I'd cry.
expensive learning curve that's for sure
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Old 17 October 2017, 04:18   #10
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Quote:
Originally Posted by eze View Post
expensive learning curve that's for sure


Aye! It's not called a

Break
Out
Another
Thousand

For nowt
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Old 17 October 2017, 05:44   #11
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stop talking sense you lot its interfering with my boat owning dream


...funnily enough is there a 'things they don't tell you' thread for those thinking of buying new boats?


Price lists are fine then you realise everything is an extra rather than here is a boat these are the bits on it and this is how much it costs


...and that's before I think about marina/storage/etc etc
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Old 17 October 2017, 07:31   #12
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I don't even want to tot up how much I have spent on the Sea-rider..... it would be frightening!

On Calypso we have kept track and it's been just over £1k with a lump of that being a new set of carbs to replace the old uns which were not matched to a 90hp engine!

Sometimes it's best just to settle back with a glass of scotch and think about time on the water and not quantify the cost per hour!
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Old 17 October 2017, 12:29   #13
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If you think about the cost you can't afford it, I don't keep a list in case she finds it
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Old 17 October 2017, 12:38   #14
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Costings for my project

Quote:
Originally Posted by eze View Post
New 60 hp Mercury efi 4s fitted[/FONT]
£4050

That’s a cracking price for a new Mercury 60 efi

Was it a ‘new’ new or a new other? Either way, well done.
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Old 17 October 2017, 14:41   #15
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A much wealthier person that I told me that if it floats, f&*&^ or flies, it's going to be expensive.

It is an interesting list though.

50% of the total spend was on the engine.

Initial purchase price was 20% of the total spend.

Anything you buy now can be justified as a relatively small proportion of what you've already spent.

I'm assuming you did the work yourself and if so, did you identify any significant lessons for the next one?
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Old 17 October 2017, 14:58   #16
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Quote:
Originally Posted by Pikey Dave View Post
I keep a mental tally of the big ticket items, but never factor in every nut, bolt, sika, etc.
Are you trying to make out that you BUY bolts for a project?
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Old 17 October 2017, 15:06   #17
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Quote:
Originally Posted by A1an View Post
Are you trying to make out that you BUY bolts for a project?


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Old 17 October 2017, 19:44   #18
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Costings for my project

The classic bumper sticker or shirt, “my biggest fear is when I die my wife will sell my toys for what I told her they cost”.

Keeping track of boat costs seems like madness. Goes with “how do you make a small fortune in boats? Start with a large fortune”

Also I easily spent several hundred dollars on stainless bolts and fasteners for my boat.
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Old 18 October 2017, 19:13   #19
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Lol! Dealer had a nice 7.9 meter boat in when I picked up mine from storage. I drove away with him yelling “I’ll give you a great trade in on yours!!!”

As a technical diver it’s not even the boat it’s all the kit that goes into which I’m afraid to tell my wife about!
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Old 19 October 2017, 03:47   #20
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rebreather? Yup been there done that - best not think about the cost per dive


At least the gas costs are very low..
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