Rough Valuation?

[TheKommandant]

I bought my RIB about a month ago. Apart from a few niggles most of which are sorted now (or due to be this week!) I like to think I got a pretty good deal.

I was wondering (mainly out of interest...but also in case I get more serious and fancy upgrading over the next few years ) what the general consensus on value would be. i.e what would you pay?

It's a Valiant V-520, I can't be sure but I think she was built around the year 2000. Very good nick, no chips on the hull and the tubes (I believe to be original) are flawless (a little dirty but I'm cleaning them up)

There are a few hairline cracks around the edges of the jockey seats.

The engine is a 60HP Mariner 2-stroke I believe to be from around 2000 also. I'm unsure of hours but it shows little use.

Garmin GPS (The small one, but new) VHF, nav lights on a-frame. Trailer is functional but probably only has a few seasons left before it's either replaced or has a major overhaul.

I think a lack of paperwork / knowledge from the original owner has gone some way to reduce the value but after having it all checked out everything certainly seems sound with it.

Any ideas? I don't want to say what I paid yet so I don't taint the result

[whisper]

The year should be the last 2 numbers of the serial number on the transom

[TheKommandant]

Originally Posted by whisper

The year should be the last 2 numbers of the serial number on the transom

Cheers I'll have a look.

I've got a picture of the only plate I could find but not much in the way of a serial number.

The only thing I can see is 3V11 but I can't see that being the serial...and I can't see it being a 2011. It's in good nick but not that good!

[whisper]

The rib should have a serial number and the engine too, you can find the age of your package from both these numbers

[Sunstreaker]

For me valuing boats is a difficult one due to all the variables. I have found price is often determined by time of year, how desperate someone is to sell, whether they are paying mooring fees etc and how much they think its worth, which often appears lots more than others do. Often you can see two very similar boats with apparently unexplainable differences in price. I have usually lost money,even in circumstances I thought I was going to make a little profit, because I has bought a bargain. many seem to start high and lower the price until they get a bite. it's about not trying to loose too much. A boat is only worth what someone is willing to pay for it. I guess being on the IOM you may have a bit more of a captive audience and get a better price?

[TheKommandant]

Originally Posted by Sunstreaker

For me valuing boats is a difficult one due to all the variables. I have found price is often determined by time of year, how desperate someone is to sell, whether they are paying mooring fees etc and how much they think its worth, which often appears lots more than others do. Often you can see two very similar boats with apparently unexplainable differences in price. I have usually lost money,even in circumstances I thought I was going to make a little profit, because I has bought a bargain. many seem to start high and lower the price until they get a bite. it's about not trying to loose too much. A boat is only worth what someone is willing to pay for it. I guess being on the IOM you may have a bit more of a captive audience and get a better price?

I know exactly what you mean actually. There's one for sale at the moment over here, personally I would have thought it would be up for £15k+ but they're advertising for £11.5k. (If I had the money it would be mine!)

I'll get a bit more information and hopefully I can get a bit more of an idea based on age etc.

[Dry Run]

A picture would help!

Also, do you have any paperwork at all? That does effect the the price / ease of selling.

[TheKommandant]

Originally Posted by Dry Run

A picture would help!

Also, do you have any paperwork at all? That does effect the the price / ease of selling.

Pictures below, no paperwork unfortunately. I was a bit over excited and it seemed like a good deal at the time so my 12 year old self took over...as usual

[Dry Run]

I would see it at £5,500 - £6,000 (but I don't want to buy it - no offence).

[two stroke mick]

Those are not valiant seats. the tank at the rear is valiant(73 ltr) someone has changed the seats but not bothered to re-install the fuel tank or get a a fuel tank to suit. The tubes are pVC and appear to have seen pleanty of sun light a re-tube my not be that far away. If that DR 520 handles like my DR 490 that weight of the fuel tank at the rear is not a good thing.

TSM

[whisper]

It could have been changed from a leisure set up with a bench seat?

[TheKommandant]

Originally Posted by Dry Run

I would see it at £5,500 - £6,000 (but I don't want to buy it - no offence).

Ha ha, cheers, no problem I don't want to sell it yet! That's promising though because I paid less than that.

[TheKommandant]

Originally Posted by two stroke mick

Those are not valiant seats. the tank at the rear is valiant(73 ltr) someone has changed the seats but not bothered to re-install the fuel tank or get a a fuel tank to suit. The tubes are pVC and appear to have seen pleanty of sun light a re-tube my not be that far away. If that DR 520 handles like my DR 490 that weight of the fuel tank at the rear is not a good thing.

TSM

Cheers, interesting about the seats. I did wonder about the fuel tank as it is just sort of plonked at the back.

So you reckon originally it might have had a bench in the back?

I am going to give the tubes a good clean and polish and see what they come up like. They hold air well, not had to use the pump at all in 4 weeks of ownership. You're right though, they are showing signs of age.

[ShinyShoe]

To give your tubes any hope of surviving you should use some fenders when tying up. Too many people think that because their tubes are squdgy coming alongsize a concrete wall like that with no protection is OK.

[TheKommandant]

Originally Posted by ShinyShoe

To give your tubes any hope of surviving you should use some fenders when tying up. Too many people think that because their tubes are squdgy coming alongsize a concrete wall like that with no protection is OK.

Ta, never really thought about getting fenders for it.

I have always been conscious of RIBs rubbing against walls, wouldn't have done that had it not been a totally flat day and there was no movement.

[two stroke mick]

That rib probably came with a valiant double jockey console instead of the current seating arrangement. The 73 lt tank that is placed to the rear of the boat was probably housed witin that valiant double jockey console.

I suspect that the vailant seating was removed becaused it is shite if you are more than 4 foot tall. The current seating arrangement is much better than the original and is very similar to the new seating arrangement in my rib (DR490). That fuel tank arrangement would drive me mad though

TSM

[TheKommandant]

Originally Posted by two stroke mick

That rib probably came with a valiant double jockey console instead of the current seating arrangement. The 73 lt tank that is placed to the rear of the boat was probably housed witin that valiant double jockey console.

I suspect that the vailant seating was removed becaused it is shite if you are more than 4 foot tall. The current seating arrangement is much better than the original and is very similar to the new seating arrangement in my rib (DR490). That fuel tank arrangement would drive me mad though

TSM

I have to say having looked at other Valiants I wouldn't be a fan of the standard seating. I hadn't even really noticed it until mentioned on here.

Also..I wasn't too bothered about the fuel tank until now! I'm trying to figure out how to change it

It would be nice to recover a bit of space at the back.