Value of a 6.5m Grand Silverline

Paul Beard · 15 September 2017, 13:52

Hi everyone
I am considering buying a ten year old Grand Rob.*
It's in good condition and has a 150 HP Suzuki engine - with full yearly service history.
Of course seats and covers need a good clean and maybe repairing, but generally a good looker*
Approx 250 hours
A brand new complete rubber tube has been installed - due to an insurance claim (apparently at a cost of 6.500,- euros, the tube was slit open on an iron bar in the harbour).
Stainless steel prop from Suzuki.

Any suggestions please on the approximate used value range ?? Baring in mind the rubber is new, would this dramatically increase its value. ???

I believe a new one of these would cost approx 50.000,- euros.

Any advice, as I have never owned a rib, very much appreciated

Thanks
Paul

ShinyShoe · 16 September 2017, 08:27

You sure its a 6.5m Silverline?

The biggest Silverline is 5.5m and costs £30k(GBO) engined, with trailer and electronics.

There is a 6.5m Golden Line. It has a package price of ~£50k (GBP).

Poly has quoted something like - take off the VAT as it leaves the showroom, take off 10% each year.

So Day 1 Year 1 - worth £40k
Day 1 Year 2 worth £36k
Day 1 Year 3 worth £32.4k
...
Year 10 - £15k

Yes new tubes will up that value compared to old. But not by £6k. You aren't getting warranty for the tubes or engine etc.

Stainless Prop - while good to have IMHO increases sell-ability rather than value. I kind of feel the same for the tube TBH. So at £15k I'd have thought this might sell. Try selling it for £20k because its better than the £15k one listed elsewhere - would people really shell out a extra £5k for those extras... I doubt it..

Another way to look at it, this is an accident damaged boat. If this was a car and the seller was saying - its got shiny new bumpers because I damaged the old ones - would you pay more for the car or less?

Other things affecting price will be - dealer or private sale etc.

Its not a major brand in the UK. Local markets will affect prices.

What is your intended use? Its quite a large boat for a first RIB?