How much should I charge, what's it worth?
#1
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Thread Starter
How much should I charge, what's it worth?
Someone want's to rent me and my boat to do some equipment testing. They want me to run around at 50-80mph for a few hours.
It's a 4 hour trailer each way to the test location.
It's in October, in the St of Juan de Fuca, when the weather can be rough, and crap's in the water.
The easy part is they pay for fuel and the extra day of insurance, probably around $800-1000
Me...I'm cheap, wife says so all the time!
How about wear and tear on the boat?
And coincidental damages like a bent prop? or worse?
Anybody ever dealt with something like this?
It's a 4 hour trailer each way to the test location.
It's in October, in the St of Juan de Fuca, when the weather can be rough, and crap's in the water.
The easy part is they pay for fuel and the extra day of insurance, probably around $800-1000
Me...I'm cheap, wife says so all the time!
How about wear and tear on the boat?
And coincidental damages like a bent prop? or worse?
Anybody ever dealt with something like this?
#2
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Join Date: Oct 2004
Location: medellin colombia, pablo escobar's lil town
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chit dude i take people out for free all the time... id be happy if they paid gas money and time for the tow... time in the boat is free fun time on their nickel...rm
#3
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1. at minimum have them pay you for your 8 hour's of driving . how much do you make working for 8 hour's ?
also cruising at 80 mph will put some wear and tear on your motor's and drive's especially with a few hour's of run time .
2. $ 2000. plus anything that break's while underway
so I would ask for 1. and 2.
BE CAREFUL the way you wright this down in any contract unless you are a licensed captain
also cruising at 80 mph will put some wear and tear on your motor's and drive's especially with a few hour's of run time .
2. $ 2000. plus anything that break's while underway
so I would ask for 1. and 2.
BE CAREFUL the way you wright this down in any contract unless you are a licensed captain
Last edited by mikebrls; 09-11-2013 at 08:10 PM.
#4
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iTrader: (2)
who is it and why are they doing it, what is your exposure, what is your time worth, how much will they pay. I would get as much as you can unless there is some reason you need to do it for them at just the cost of fuel. Yours it not an inexpensive boat and it should not be cheap to hire, also be careful you have insurance your regular policy most likely won't cover anything that can be construed as commercial, also if you are taking any passengers in a for hire situation you may need a licensed captain. If you break something who pays??
Not saying don't do it, I would probably do it also any excuse to get out on the water is a good one, just don't get into a situation that causes you problems.
Not saying don't do it, I would probably do it also any excuse to get out on the water is a good one, just don't get into a situation that causes you problems.
#5
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I'd pass...if anything goes wrong, you're likely not covered by your insurance. I guess it all depends on what your worth and willing to risk. You said you're a self-proclaimed "cheap" person...is it worth the risk of not being insured because you're basically "for hire"...your liability will likely go beyond that. You might be able to get around some of this with a donation, but any good attorney will bust through that...especially with this all documented on a forum.
#6
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The ride to Vancouver is worth at least 4k. If they balk at that tell then to ride the coho. Nothing a round bottom ferry can't fix if they don't think it's worth it.
#8
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Thread Starter
My insurance carrier is informed about this and checking it out for me.
I was thinking $3K + damages or deductible, but $5K sounds sweet.
If anyone's ever rented a boat to a studio for the day or something, what'd you get?
I was thinking $3K + damages or deductible, but $5K sounds sweet.
If anyone's ever rented a boat to a studio for the day or something, what'd you get?