RIB SHARES

RIBSHARE

This is a great way to get out on the water in a brand new rib without the normal cost of ownership. The share is completely transferable so it can be sold at any time, its real turnkey boating. We have a version of model that we are putting into the syndicate already in Jersey as a demo boat so call us for a demo!

The syndicate is divided into 4 equal weeks which can be swapped between owners using the Gosail booking system The idea for the RIBshare scheme is based on a very successful scheme in the UK that has been running for 15 years.

THE CONCEPT

The idea behind the scheme is individuals chose to share the ownership and running costs of a rib. The RIB is then managed and maintained on our behalf by Gosail to provide a truly turnkey boating experience. The owners do not have to know each other previously, but hopefully they will become friends through the various social and educational opportunities that Gosail offer. In Guernsey we now have 6 boats in the scheme and 24 owners.

THE ADVANTAGES

The purchase price is split between the owners allowing you to get the use of a bigger and/or newer rib than the one you might consider as a sole owner

The running costs are strictly controlled and understood at the beginning of the contract. (Currently for the E650 it is £195.00 per month per owner) The only variable cost is fuel.

The boat is better maintained than a rental as everyone using it is an owner and therefore has a stake in taking good care of it
It’s a turnkey operation, all administration, insurance, servicing, antifouling, and cleaning is done by the management company. Small repairs will be performed promptly, and the boat will always be ready to go

Your investment is for three years after which the boat is sold, and your share of the sale is returned to you.

During the weeks that you have use of the boat, it is “your boat” to do as you wish from Monday lunch to Sunday night.

There is an element of flexibility to use the boat in non-allocated times if agreed by the other owner whose week it is.

RESTRICTIONS

  1. The monthly costs are year round but are arranged to spread the costs throughout the year to ensure that all foreseeable costs are covered.

  2. Spur of the moment decisions to use the boat last minute may not be possible without the management company contacting the “occupying owner” for the week. However given the proximity of all parties in Jersey this seldom causes problems and a swap can usually be arranged within an hour or two.

GET STARTED TODAY

Get in touch with one of our advisors to get yourself on the water as soon as possible!