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Tangible Boat Value

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    Posted: 09 Mar 14 at 9:41am
The new Aero and Zero both currently can be had for less than £5.5k including cover, trolley and carbon spars. A new Solo would set you back about £2000 more than that despite having very crude aluminium spars, a hull designed to be cheap and easy to build and an unergonomic cockpit. So it looks very poor value indeed.

The real value in a Solo is in the intangibles - a strong class association, local fleets, resale etc. Without this to support the class, the boat itself would not be viable at a price of more than about £3000, no matter how well built IMHO. Quite who you put a value on the class association I don't know, but it seems a strange and unsustainable business model for the retailers to be effectively over charging by about £4.5k and making a living based on the voluntary work of amateur sailors. If Solo sailors actually value the class more than the boat itself, shouldn't it be class membership that costs the money, not the boat?
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Ruscoe View Drop Down
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Post Options Post Options   Quote Ruscoe Quote  Post ReplyReply Direct Link To This Post Posted: 09 Mar 14 at 9:50am
Not sure its as simple as that Peaky.  First off all, the solo is built by several different builders so they will not have the pleasure of the same economies of scale as builders the size of RS and Devoti.  Secondly, the mast, foils, fittings, sails are anything but crude.  They have had literally thousands of Man (and lady) hours spent in development over the years.  Which has led to the fastest options for that particular rule set.  Not only that, but the Solo is a very old design now o i guess it wasn't designed with modern construction methods in mind hence i should imagine its not a cheap boat to build.  All that said they are not cheap in terms of initial outlay, however they hold their value brilliantly so offer pretty good Value.  

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Post Options Post Options   Quote Daniel Holman Quote  Post ReplyReply Direct Link To This Post Posted: 09 Mar 14 at 10:03am
Go slow sails are quite pricey - twice as much as OEM sails.
The extra minimum weight means that there is nearly twice as much material in a goslow.
A goslow probably has a proper mainsheet track, car, and controls lead to each side. Lots of cleats and blocks and string.
Daggerboards are more expensive to execute.
I think that the shape, being build able in ply lends itself well to sandwich, but there are more parts, mouldings and therefore secondary joining and finishing processes.
So whilst the cost price of the spars on the new singlehanders are greater, by the time they are done in big batches they aren't so bad compared to lower value ally spars (with a fair bit of riveting/fitout/stays) and literally everything else about the go slow is more expensive.

I think there comes an equilibrium re support of builder and volunteers. It behoves the volunteer and the builder to invest in the game that they are involved in, whilst still making money and actually going sailing rather than merely facilitating, respectively.

But yes, the whole class infrastructure thing is the reason why od racing dingies are the least progressive recreational product market that there is, and how the laser situation is a great racket, but probs needs a lot of investment/luck/intelligence to execute.
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Post Options Post Options   Quote JimC Quote  Post ReplyReply Direct Link To This Post Posted: 09 Mar 14 at 12:27pm
Originally posted by Daniel Holman

Daggerboards are more expensive to execute.

Is that what you meant to say Dan?
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Post Options Post Options   Quote Daniel Holman Quote  Post ReplyReply Direct Link To This Post Posted: 09 Mar 14 at 12:46pm
Originally posted by JimC

Originally posted by Daniel Holman

Daggerboards are more expensive to execute.

Is that what you meant to say Dan?

No, exact opposite - well proof read!

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Post Options Post Options   Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: 09 Mar 14 at 1:52pm
Originally posted by Ruscoe

Not sure its as simple as that Peaky.  First off all, the solo is built by several different builders so they will not have the pleasure of the same economies of scale as builders the size of RS and Devoti.  Secondly, the mast, foils, fittings, sails are anything but crude.  They have had literally thousands of Man (and lady) hours spent in development over the years.  Which has led to the fastest options for that particular rule set.  Not only that, but the Solo is a very old design now o i guess it wasn't designed with modern construction methods in mind hence i should imagine its not a cheap boat to build.  All that said they are not cheap in terms of initial outlay, however they hold their value brilliantly so offer pretty good Value.  

That's the point though Russ. However you dress it up, a Solo is more expensive and less good to sail (hopefully). Which means it's value sucks. It's only because there is the option of fleet racing at club, regional and national level that anyone is prepared to pay £7k for one. But the guy you pay the £7k to doesn't organise that racing. Take away that racing circuit and the Solo becomes unviable at £7k.   
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Post Options Post Options   Quote Daniel Holman Quote  Post ReplyReply Direct Link To This Post Posted: 09 Mar 14 at 1:54pm
I think that most goslow builders will support the product/game in one way or another
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Post Options Post Options   Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: 09 Mar 14 at 2:01pm
Very true Dan, but in purely economic terms shouldn't you pay £3k for the boat and high race entry fees, rather than hiding it all in the purchase price?
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Post Options Post Options   Quote yellowwelly Quote  Post ReplyReply Direct Link To This Post Posted: 09 Mar 14 at 2:03pm
They do extensively Dan, I would imagine most new solo owners are upgrading and electing to stay in class because a) their mates sail them b) they love the boat c) it provides exceptional racing or d) all of the above
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Post Options Post Options   Quote Daniel Holman Quote  Post ReplyReply Direct Link To This Post Posted: 09 Mar 14 at 2:08pm
At the end of the day it will cost anyone a lot closer to £7000 than £3000 for the builder to put a goslow together, and since it is not a SMOD, the builder has to make a living rather than seeing the boat itself as the loss leader into the class like the model with most new car / service models these days. 
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