Bit of advice please!!

havener · 04 May 2006, 18:05

I've been offered a rib by a friend - but need a bit of help valuing it please!

It's a 1986 Humber Attaque, 5.3 metres. Not been used for a few seasons, tubes faded but sound, hull needs a good clean but good. Engine is a 1998 Johnson 60hp with declared starting problems - probably a good service will sort it out. Trailer is a Snipe, quite old but only serviceable.

Centre console, no stern A frame - in need of some severe TLC but no tube holes.

What should I offer ?

Thanks

Simon

PeterR · 04 May 2006, 19:16

Is it pounds Sterling or sheep.Only joking.Dont just assume you,ll be lucky to get away with just a service.Ie if its been starved of two stroke oil rings may how gone.Starting problem could be due to low compressoin Very bad,or simply spark plugs.And i can see your delema especially as from a freind.Perhaps a compremise would be to have compressoin test done.the engine is prob worth more than the boat if good.

PeterR · 04 May 2006, 19:25

I,ll have a guess Trailer 300 pounds if sound tyres and bearings engine could be 1000 pounds rib say 1200 pounds so total 2500 tops in all good condition so work backwards from that bearing in mind the work needed to be done.Does that help at all was that what you thought .has he not given you any idea as to its worth

Poly · 04 May 2006, 20:14

why not suggest he takes it for a service (and get the trailer serviced too). And when its there ask the engineer for his idea of value (he'll be able to see it and should have a good idea of both the work that might need done soon and its general condition). You could offer to pay for the service costs if he gets the engine going again.

John Kennett · 04 May 2006, 20:30

Simon, where do you plan to use the RIB? The Attaque doesn't have a deep V hull, and wouldn't be the best choice unless you'll only be in sheltered waters. On the other hand, it doesn't need a huge engine to get a decent speed and should be cheap to buy and run.

I would guess that a 20 year old, shallow V RIB needing some TLC would have a value in the low hundreds, assuming no major faults. Maybe worth a grand if in decent condition.

Without a diagnosis, the engine is worthless. Maybe worth £500 if it's a runner.

Trailer is probably worth a couple of hundred quid. I assume it's unbraked which means less to go wrong, but expect to replace the bearings at least. You may need to replace the entire axle/hubs. Make sure the rollers are all OK if it's a roller trailer.

If it was all in sound but scruffy condition, I'd guess at around £2000 total value. As described, I wouldn't pay more than £500.

Having said that, any boat is worth exactly what someone will pay for it; not a penny more, not a penny less!

Good luck

John

Matt · 04 May 2006, 20:38

And when was the last time you owned a boat eh?

Quote:

Originally Posted by John Kennett

Simon, where do you plan to use the RIB? The Attaque doesn't have a deep V hull, and wouldn't be the best choice unless you'll only be in sheltered waters. On the other hand, it doesn't need a huge engine to get a decent speed and should be cheap to buy and run.

I would guess that a 20 year old, shallow V RIB needing some TLC would have a value in the low hundreds, assuming no major faults. Maybe worth a grand if in decent condition.

Without a diagnosis, the engine is worthless. Maybe worth £500 if it's a runner.

Trailer is probably worth a couple of hundred quid. I assume it's unbraked which means less to go wrong, but expect to replace the bearings at least. You may need to replace the entire axle/hubs. Make sure the rollers are all OK if it's a roller trailer.

If it was all in sound but scruffy condition, I'd guess at around £2000 total value. As described, I wouldn't pay more than £500.

Having said that, any boat is worth exactly what someone will pay for it; not a penny more, not a penny less!

Good luck

John

John Kennett · 04 May 2006, 20:40

Quote:

Originally Posted by MadMat

And when was the last time you owned a boat eh?

Hah, I do own a boat so there! And it's been in the water a lot more recently than yours has!

John

Matt · 04 May 2006, 20:41

Unless you've been boating this week, I doubt it!

PeterR · 04 May 2006, 20:45

Having read John Kennets breakdown i would be more guided by that

John Kennett · 04 May 2006, 20:59

Quote:

Originally Posted by MadMat

Unless you've been boating this week, I doubt it!

So have you got Drunken Fumble together then, or bought something else?

John

ADS · 04 May 2006, 22:20

Quote:

Originally Posted by John Kennett

So have you got Drunken Fumble together then, or bought something else?

John

http://www.boatmad.com/forum/showthr...=&pagenumber=5

Nos4r2 · 04 May 2006, 22:44

Hmmm....who's nicked my sig from Iboats then...?

Matt · 04 May 2006, 22:49

Do keep up!

Quote:

Originally Posted by John Kennett

So have you got Drunken Fumble together then, or bought something else?

John

John Kennett · 05 May 2006, 09:13

After all this time I thought you would at least have given the momentous occasion a thread of its own. And got the bunting out, champagne on ice and a brass band!

John

Matt · 05 May 2006, 16:23

Quote:

Originally Posted by Nos4r2

Hmmm....who's nicked my sig from Iboats then...?

PeterR · 07 May 2006, 17:32

Havener,Pray tell what is the outcome .Have you reached a price with your freind.

Nos4r2 · 07 May 2006, 17:36

Quote:

Originally Posted by MadMat

http://forums.iboats.com/cgi-bin/ubb...;f=75;t=000007

Matt · 07 May 2006, 18:46

Ah