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Pannier Tank 9682

Discussion in 'Steam Traction' started by 61624, Nov 8, 2018 at 6:12 PM.

  1. 61624

    61624 Part of the furniture

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    .... is apparently being offered for sale - any thoughts on who might want it? I'd like to see one of these locos on the WSR, ESR or Gwilli, but I don't think any of these lines has the resources, which makes me wonder who might.
     
  2. paullad1984

    paullad1984 Active Member

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    Interesting as 7760 was for sale a while back and nobody bought it.
     
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  3. Sidmouth

    Sidmouth Resident of Nat Pres Staff Member Moderator

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    plus c£35k of parts stolen from the engine

    looks like the money raised from the sale of 4110 and 2885 went on earlier debts and paying rent according to the magazine . Can't help but feel a sad end for this society
     
  4. 61624

    61624 Part of the furniture

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    We were never told the asking price for 7760, though - perhaps it was too high? I suspect 9682 will be "priced to go"
     
  5. GWR Man.

    GWR Man. Well-Known Member

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    I have heard that the price was £100K for this engine and then you still need to pay to get it back into ticket.
     
  6. Matt78

    Matt78 Active Member

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    Steam Railway says three interested parties are negotiating so looks like there is some interest
     
  7. johnofwessex

    johnofwessex Part of the furniture

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    Would it be any use on the WSR or a bit on the small side?

    On the other hand getting it back into working order should be much simpler than with 4110
     
  8. green five

    green five Part of the furniture

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    I have always thought that we could do with one of these excellent loco's at Ropley.
    Just imagine: 9682 and 41312 in charge of the MHR off peak services and a great loco for hire during busier times when longer trains are operated. I can but dream I suppose :)
     
  9. 1472

    1472 Well-Known Member

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    Sold apparently says a very reliable source.
     
  10. ghost

    ghost Well-Known Member

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    Do you know if it has been sold to a group or to a railway? (i.e. will it be a roaming rental loco or permanently based at a railway)

    Thanks

    Keith
     
  11. 1472

    1472 Well-Known Member

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    That is a matter for the vendors/purchasers to announce when they see fit not for speculation on here.
     
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  12. ghost

    ghost Well-Known Member

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    I wasn't asking for the name of the group or railway - just curious as to how it will be used in future. Never mind, it'll all come out in the wash.

    Keith
     
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  13. Gav106

    Gav106 Well-Known Member

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  14. Pete Thornhill

    Pete Thornhill Part of the furniture Staff Member Moderator

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    No that was 9642 which was based there for a time.
     
  15. Sidmouth

    Sidmouth Resident of Nat Pres Staff Member Moderator

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    Perfect for chinnor and worked there much of its last ticket
     
  16. Greenway

    Greenway Well-Known Member

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    It would suit many lines, particularly those that can raise the cash and haven't succumbed to 'big chufferitis' :D
     
  17. simon

    simon Resident of Nat Pres

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    So rather than speculate about its eventual destination, is there anyone who can provide insight into approx the cost of returning a loco like this to service and the economics of attempting to recover that money over the 10 years to the next overhaul?

    I realise that there are a large number of variables but it should be possible for some one in the know to put together a central business case together.
     
    Last edited: Nov 11, 2018 at 4:26 PM
  18. 1472

    1472 Well-Known Member

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    It would be wonderful if you could look at steam locos in purely business terms but the reality is that a fairly large sum of money is necessary upfront to return a loco such as this to reliable working order (or one hell of a lot of free skilled volunteer time) - think six figure sums depending upon type/condition.

    Once a loco is in working order and assuming willingness for it to be hired out, earnings are restricted to what heritage railways are prepared to pay in the hire market.

    With a loco out working, earned hire fees need to be accumulated towards the next overhaul & any interim repairs - unless at the end of a working period the loco is to become a static exhibit or sold on at a value reflecting its need for overhaul. The fees commonly earned are insufficient to recover both the initial "investment" in purchase and next overhaul as well as adequately providing for ongoing maintenance.

    Anybody thinking that there is money to be made from steam loco ownership is sadly mistaken!
     
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  19. Matt78

    Matt78 Active Member

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    For a Pannier tank the market might be smaller than it first appears. Issues of coal/water capacity and power might render it less suited to pulling 8 carriages on the SVR/NYMR/GWSR/WSR for example during summer. A loco owner would I guess look to achieve say 40 steamings a year with many of the steamings on consecutive days so as to minimise the stress on the boiler. That’s probably what constitutes the most “attractive” deal so the market is (in peak season at least) limited to lines of a reasonable length (say 3-8 miles) and open about 4+ days a week in summer.

    Regards

    Matt
     
  20. simon

    simon Resident of Nat Pres

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    I wasn't thinking there was money to be made, I am not that innocent; I was interested in what the figures were out of idle curiousity and because we rarely expose the underlying economics of railway operation in this forum.
     

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