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07 January 2008, 20:29
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#1
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Member
Country: UK - Channel Islands
Town: A large rock
Boat name: La Frette
Make: Osprey Vipermax
Length: 6m +
Engine: 200 Suzzy
Join Date: May 2004
Posts: 2,893
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How much discount?
How much discount would you expect off a new 200 4-stroke?
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07 January 2008, 21:15
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#2
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RIBnet admin team
Country: UK - England
Town: The wilds of Wiltshire
Boat name: Dominator
Make: SR5.4
Length: 7m +
Engine: Yam 85
MMSI: 235055163
Join Date: Jul 2005
Posts: 13,069
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At least 17.5% if I'm right and you don't pay VAT in the channel islands?
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07 January 2008, 21:52
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#3
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Member
Country: UK - England
Town: Bristol
Make: Ribcraft
Length: 5m +
Engine: Yamaha
Join Date: May 2006
Posts: 4,299
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Loads if its merc/suzuki/mariner, Not a lot for Honda or Yamaha,
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08 January 2008, 19:53
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#4
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Member
Country: UK - Channel Islands
Town: A large rock
Boat name: La Frette
Make: Osprey Vipermax
Length: 6m +
Engine: 200 Suzzy
Join Date: May 2004
Posts: 2,893
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Quote:
Originally Posted by Nos4r2
At least 17.5% if I'm right and you don't pay VAT in the channel islands?
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Yep, absolutely right, no Vat in Jersey yet! So would 12.5% seem slightly mean? or fair?
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08 January 2008, 20:58
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#5
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Member
Country: Other
Town: San Carlos, Mexico
Boat name: INDE
Make: LOMAC 730
Length: 7m +
Engine: 200 Merc.
MMSI: Please press 1
Join Date: May 2006
Posts: 1,688
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Quote:
Originally Posted by Erin
Yep, absolutely right, no Vat in Jersey yet! So would 12.5% seem slightly mean? or fair?
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So what has "fair" got to do with it? Make a low ball offer and negotiate from there. Don't forget " what else can you throw in?" to make the deal more attractive. Oil, spare plugs, cables, free service, etc. etc.
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Running around like a head with it's chicken cut off.
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08 January 2008, 21:12
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#6
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Member
Country: UK - England
Town: Hamble
Length: 9m +
Join Date: Dec 2002
Posts: 2,317
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Quote:
Originally Posted by Limey Linda
So what has "fair" got to do with it? Make a low ball offer and negotiate from there. Don't forget " what else can you throw in?" to make the deal more attractive. Oil, spare plugs, cables, free service, etc. etc.
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So how much profit do you think there is in a new motor?
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It is better to remain silent and be thought a fool, than to speak and remove all doubt!
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08 January 2008, 21:29
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#7
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Member
Country: Other
Town: San Carlos, Mexico
Boat name: INDE
Make: LOMAC 730
Length: 7m +
Engine: 200 Merc.
MMSI: Please press 1
Join Date: May 2006
Posts: 1,688
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Quote:
Originally Posted by Dirk Diggler
So how much profit do you think there is in a new motor?
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That depend on your definition of profit. Are you talking about mark up to the price the seller paid for it? Did the seller buy it from a distributor or from the manufacturer. Has the seller had to pay import duty or VAT on it? Does the seller own the engine or is he selling it on consignment? Makes a HUGE difference. If you talking about the difference between the price the manufacturer sold it to a primary distributor for and the recommended retail price: I would guess at at least 80% and maybe as high as 100%
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Running around like a head with it's chicken cut off.
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08 January 2008, 21:37
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#8
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Member
Country: UK - England
Town: Hamble
Length: 9m +
Join Date: Dec 2002
Posts: 2,317
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I think we both know what I'm talking about. profit for the retailer, selling it to the customer (end user). If you think 80 to 100%, then your dumber than you make out!
__________________
It is better to remain silent and be thought a fool, than to speak and remove all doubt!
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08 January 2008, 21:43
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#9
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Member
Country: Other
Town: San Carlos, Mexico
Boat name: INDE
Make: LOMAC 730
Length: 7m +
Engine: 200 Merc.
MMSI: Please press 1
Join Date: May 2006
Posts: 1,688
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Quote:
Originally Posted by Dirk Diggler
I think we both know what I'm talking about. profit for the retailer, selling it to the customer (end user). If you think 80 to 100%, then your dumber than you make out!
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That is not what I said. Read again more carefully. Next time I am in Hamble I will have to drop by and diggle your dirk.
BTW, sorry to hear about the loss of Budgie
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Running around like a head with it's chicken cut off.
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08 January 2008, 22:21
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#10
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Member
Country: UK - England
Town: Fareham
Length: 6m +
Join Date: Sep 2003
Posts: 7,866
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From what I've been told there's not much profit selling Evinrude and Johnson motors, the money is in the servicing.
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Andy
Looks Slow but is Fast
Member of the ebay Blue RIB cover club.
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09 January 2008, 00:46
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#11
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RIBnet admin team
Country: UK - England
Town: The wilds of Wiltshire
Boat name: Dominator
Make: SR5.4
Length: 7m +
Engine: Yam 85
MMSI: 235055163
Join Date: Jul 2005
Posts: 13,069
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Quote:
Originally Posted by Erin
Yep, absolutely right, no Vat in Jersey yet! So would 12.5% seem slightly mean? or fair?
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Well...if you could get 12.5% off and VAT free then that sounds pretty good . If they won't let you have it VAT free then something's wrong as you don't have to pay VAT.
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09 January 2008, 00:55
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#12
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Member
Country: UK - England
Town: Fareham
Length: 6m +
Join Date: Sep 2003
Posts: 7,866
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Quote:
Originally Posted by Nos4r2
Well...if you could get 12.5% off and VAT free then that sounds pretty good . If they won't let you have it VAT free then something's wrong as you don't have to pay VAT.
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Isn't there a way of reclaiming VAT if bought in the UK for shipment abroad?
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Andy
Looks Slow but is Fast
Member of the ebay Blue RIB cover club.
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09 January 2008, 02:21
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#13
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RIBnet admin team
Country: UK - England
Town: The wilds of Wiltshire
Boat name: Dominator
Make: SR5.4
Length: 7m +
Engine: Yam 85
MMSI: 235055163
Join Date: Jul 2005
Posts: 13,069
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Quote:
Originally Posted by Hightower
Isn't there a way of reclaiming VAT if bought in the UK for shipment abroad?
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I thought you could make a declaration and not pay it in the 1st place if you showed your passport (or something like that)?
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09 January 2008, 02:26
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#14
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Member
Country: Other
Town: San Carlos, Mexico
Boat name: INDE
Make: LOMAC 730
Length: 7m +
Engine: 200 Merc.
MMSI: Please press 1
Join Date: May 2006
Posts: 1,688
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Quote:
Originally Posted by Nos4r2
I thought you could make a declaration and not pay it in the 1st place?
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From distant memory I think Nos is correct. However, you need to have it sealed(bonded) to prove it has not been used in the UK
__________________
Running around like a head with it's chicken cut off.
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09 January 2008, 12:26
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#15
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Member
Country: UK - England
Town: Bucks
Boat name: Blue & Ding Dong
Make: Ribeye,SR4 & Bombard
Length: 6m +
Engine: 115,50 & 15Hp Yams
Join Date: Feb 2004
Posts: 3,252
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As long as I get a certificate of shipment out side the EU then we do not charge the Vat! But if I do not get this I have to pay the Vat even if I did not charge it!
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09 January 2008, 12:45
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#16
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Member
Country: UK - England
Town: Hamble
Length: 9m +
Join Date: Dec 2002
Posts: 2,317
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Quote:
Originally Posted by Nick Hearne
As long as I get a certificate of shipment out side the EU then we do not charge the Vat! But if I do not get this I have to pay the Vat even if I did not charge it!
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Same here, I sold a boat into Guernsey a few years ago, and was instructed by the customs & excise to get the paperwork stamped by the ferry company in Portsmouth, as proof of it leaving the UK, so that I didn't have to charge the customer the vat.
__________________
It is better to remain silent and be thought a fool, than to speak and remove all doubt!
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09 January 2008, 20:06
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#17
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Member
Country: UK - Channel Islands
Town: A large rock
Boat name: La Frette
Make: Osprey Vipermax
Length: 6m +
Engine: 200 Suzzy
Join Date: May 2004
Posts: 2,893
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Easily said this Vat thing. A very complicated subject as Roy at Osprey would no doubt confirm !
I'm buying the engine from a Channel Island dealer so no probs with Vat. If it were coming from the UK I'd be making sure it was an export order and either supplied/freighted direct to me with no Vat or I'd have to use a retail scheme and reclaim the Vat after export. Both methods require proof of overseas status and certificate of shipment.
So to cut to the chase.... £8,200 for a Suzzy 200 inc fitting to transom sounds good
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09 January 2008, 20:46
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#18
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Member
Country: Other
Town: San Carlos, Mexico
Boat name: INDE
Make: LOMAC 730
Length: 7m +
Engine: 200 Merc.
MMSI: Please press 1
Join Date: May 2006
Posts: 1,688
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That price sounds good to me also. Probably could not do better in the USA.
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