petem
Well-Known Member
Regarding IPS, I'd suggest drawing a graph and plotting two lines on it.
Line 1 is the cost that an owner is willing to pay to keep the drives running. During the warranty period this will be very low. For the next few years when the boat is still a valuable asset, it may be relatively high. As the boat ages and depreciates the amount will drop away. (Who would want to spend £25k on fixing IPS drives on a boat that's worth only £100k?)
Line 2 is the annual cost of maintaining and fixing the drives. This will start at zero during the warranty period and common sense would suggest that it will rise as the drives get older.
I don't want to be the one who owns an IPS boat when the two lines meet.
Line 1 is the cost that an owner is willing to pay to keep the drives running. During the warranty period this will be very low. For the next few years when the boat is still a valuable asset, it may be relatively high. As the boat ages and depreciates the amount will drop away. (Who would want to spend £25k on fixing IPS drives on a boat that's worth only £100k?)
Line 2 is the annual cost of maintaining and fixing the drives. This will start at zero during the warranty period and common sense would suggest that it will rise as the drives get older.
I don't want to be the one who owns an IPS boat when the two lines meet.