What is a Boat Share Club?
Posted by young traveller on 10/9/08 in Travel
These fractional ownership schemes, many modelled on the well
established market in the USA, are attracting increasing numbers of
sailors looking to cut costs in current markets.
Advantages
- Easier than ownership
- Less expensive that yacht charter
- No long term commitment, normally 12 months.
- Varied fleet performance cruising yachts
- Good opportunity to test before buying
- Opportunity to sail in a variety of locations
- Can provide training, crew finder and free advice
- Pay for fuel used only.
Disadvantages
- Location of yachts may not be suitable
- Must book
in advance for use
- Need to be flexible on choice of boats
Cost
One Boat Share Club, Pure Latitude operates a scheme through a
points-based system, with annual subscriptions from £2,995 to £6,995.
The club takes responsibility for capital outlay and all the costs
usually associated with ownership including , the end to marine red diesel
derogation in the U.K. from the 1st November 2008 plus other
inflationary costs will mean some boat owners are going to look for
cheaper alternatives to 100% boat ownership. As the market tightens
U.K. Boat Share Clubs are increasing in number.
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