Marine Diesel

Author
Discussion

CaptainSlow

Original Poster:

13,179 posts

227 months

Thursday 7th February 2008
quotequote all
Hi can anyone tell me the current price of marine diesel please? Is it now the same as the car pumps?

GilesS3

100 posts

279 months

Thursday 7th February 2008
quotequote all
Not yet. The derogation on red diesel has finished, which means that we have to fall in line with Europe. But we have bought some time by saying that we need to set up the systems to implement the changes, and work out how it is all going to work!! We are still selling red diesel, and the pump price is currrently £0.68p per litre, which is about average for the area.

I think that eventually we will end up with something approaching the forecourt pump price here!

Nevin

2,999 posts

276 months

Thursday 7th February 2008
quotequote all
I'm paying 56p a litre for red diesel just now, and that's a 25% mark-up on the wholesale price.

Derogation for red diesel ends in November this year I think, so it will get a good bit more expensive.

Scooby_snax

1,279 posts

269 months

Friday 8th February 2008
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Do you use your boat for commercial or private use if the former I can show you how to save money on fuel both diesel and petrol

XJSJohn

16,087 posts

234 months

Friday 8th February 2008
quotequote all
GilesS3 said:
We are still selling red diesel, and the pump price is currrently £0.68p per litre, which is about average for the area.
fvck ... i remember buying red diesel from "Mr Diesel" off of ocean village for 68pence per gallon!!

paperbag


Nevin

2,999 posts

276 months

Friday 8th February 2008
quotequote all
Scooby_snax said:
Do you use your boat for commercial or private use if the former I can show you how to save money on fuel both diesel and petrol
I'm commercial, so would be interested to know if you actually can save me money. I suspect not though based on my current set-up.

Huntsman

8,788 posts

265 months

Monday 11th February 2008
quotequote all
XJSJohn said:
GilesS3 said:
We are still selling red diesel, and the pump price is currrently £0.68p per litre, which is about average for the area.
fvck ... i remember buying red diesel from "Mr Diesel" off of ocean village for 68pence per gallon!!

paperbag
Tell me about it, I paid 22p a litre for my first red diesel, now its 61 at Warsash.

You going to the F1 GP at Sepang on Easter weekend?


dhutch

16,536 posts

212 months

Monday 2nd June 2008
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Prices on the canals (uk) are around 65p at the moment as well. Although it varys considerably depending if the place is selling for a profit or as a lost-leader for other faciltys.


Daniel

ALawson

7,926 posts

266 months

Monday 2nd June 2008
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Surely with the UK climate you are using 50% of the fuel for heating no?

dhutch

16,536 posts

212 months

Monday 2nd June 2008
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ALawson said:
Surely with the UK climate you are using 50% of the fuel for heating no?
A lot use solid fuel heating, but yes, it is also use for heating.
- Oddly, some heaters stuggle with red, so its not unheard of to use the clearer white (taxed) fuel for the heater and red for propulsion.



Daniel

F i F

46,869 posts

266 months

Thursday 21st August 2008
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Sorry to necro the thread.

There is a letter from HMRC to RDCO (Registered Dealers Controlled Oils) which tells them how to deal with sales to private pleasure craft.

Red diesel can still be used for propulsion providing the full fuel duty is paid. However fuel used for domestic purposes, eg heating, or generating electricity on board will be exempt.

It appears HMRC will require RDCOs to ask each customer to make a signed declaration at point of sale what % of the fuel they have bought will be for domestic use. It seems that declarations up to 25% will be below the radar.

Of course in the colder months, and particularly sailing yachts, the % for domestic could be much higher than this, eg a 2.2kw Eberspächer claims to use only 0.28 litres per hour, but some have been seen to use much more than that on full welly, so it might be worth an investigation into your own circumstances after Nov 1 to prove the declarations.

~FiF

Edited by F i F on Thursday 21st August 17:48

dhutch

16,536 posts

212 months

Friday 22nd August 2008
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And the number of people i know with 1000gallon tanks of red diesal s just still.

Its somthing to be into tho.
- At the biggining of they year i filled 60l tank for £50 (road petrol) now struggling to get 50l for £60.

If i had bought fuel with the £5k i have in the bank it would now be worth £7200. Instead its worth £5300!



Daniel

F i F

46,869 posts

266 months

Friday 12th September 2008
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update.

Further to my post above, HMRC will accept a declaration when you buy red diesel from Nov1 that a 60/40 split of propulsion/domestic use and you will not be required to keep accurate records to prove that level of usage.

It will be possible to declare other splits of usage, eg residential owners will be able to claim 0% for propulsion and 100% domestic but records will have to be kept.

A copy of the full HMRC briefing notice is on the Motor Boating Monthly website.

veryoldfart

1,739 posts

220 months

Monday 20th July 2009
quotequote all
dhutch said:
And the number of people i know with 1000gallon tanks of red diesal s just still.

Its somthing to be into tho.
- At the biggining of they year i filled 60l tank for £50 (road petrol) now struggling to get 50l for £60.

If i had bought fuel with the £5k i have in the bank it would now be worth £7200. Instead its worth £5300!



Daniel
wouldnt most of that £7200 be due to HMG though?...