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Forum: RIBs & ribbing

30 July 2008, 09:10

Replies: 27

How to value a Rib

Views: 4,272

Posted By Poly

And there are even some "classic" sailing vessels...

And there are even some "classic" sailing vessels worth more now than their build cost - just as some classic cars sell for more than the original list price.

how do you find these suckers?
the...

Forum: RIBs & ribbing

30 July 2008, 08:57

Replies: 27

How to value a Rib

Views: 4,272

Posted By Poly

Andy - does your boat still have its original...

Andy - does your boat still have its original tubes, engine and trailer? Did a SR4+boat+trailer really only cost £3300 18 years ago? In contrast Boggi's formula would work out at more like... £700...

Forum: RIBs & ribbing

29 July 2008, 18:34

Replies: 27

How to value a Rib

Views: 4,272

Posted By Poly

no its a reducing balance approach not a straight...

no its a reducing balance approach not a straight line approach.

So - new boat £20,000 depreciating 10% per annum:

new - worth 20,000 the boat loses 10% (£2000) this year... so
1yr old -...

Forum: RIBs & ribbing

24 July 2008, 09:23

Replies: 27

How to value a Rib

Views: 4,272

Posted By Poly

Willk - like you I have "regurgitated" that...

Willk - like you I have "regurgitated" that formula in the past and some people were very quick to say it was far too steep. I still think its not a million miles off.

Obviously it depends on...

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