Welcome to our RIBshare scheme. Now in its fourth year, the scheme has gone from strength to strength, and we are currently gauging interest in a sixth boat.

The idea for the RIBshare scheme is based on a very successful scheme in the UK that has been running for 15 years.

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 by Sun Yachts 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 we offer.

Advantages

  1. 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 would be able to get as a sole owner
  2. The running costs are strictly controlled and understood at the beginning of the contract. The only variable cost is fuel.
  3. 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.
  4. As agents for the boat builders, we will ensure that the boat is purchased for the lowest possible price and the warranties are maintained
  5. 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
  6. Your investment is for three years after which the boat is sold, and your share of the sale is returned to you.
  7. 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.
  8. 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 Guernsey this seldom causes problems and a loan can usually be arranged within an hour or two.

Any Questions?

  • Please come and see the boats
  • Contact us:
  • Call us on +44 (0)1481 713947 or 07911 722161
  • Email us at simon@sunyachts.co.uk
  • Come down and visit us Breakwater House, La Salarie Quay, Queen Elizabeth II Marina, St. Peter Port.

Eagle 650 in Salcombe

BRIG Eagle 650 beach