Boat Ownership: Some Insights to Consider

Schaefer

Feb 23, 2023

A new Schaefer 400 quarter ownership is less than $175,000

 

Particularly with the increased costs of ownership, Fractional Ownership may be a better investment option for people considering buying a boat. Especially if they lead a busy lifestyle.
 
Fractional Ownership has made its way into several industries like vacation cottages in Muskoka, private jets or with multi-million-dollar luxury yachts where ownership is available at a fraction of the cost. Further to this, imagine test driving the boat of your dreams for a season to make your final buying decision. Add to this the advantage of a management company looking after your yacht interests and responsibilities.  Fractional Ownership is a compelling option and here are some typical benefits:
 
Boat Ownership• Not only does Fractional Ownership cut costs, but it also cuts down on your time investment as the yacht is fully managed, so you don’t have to worry about the day-to-day stuff.
• Particularly for used boats, there are hidden, and unforeseeable costs not covered under warranty.  
• Fractional yachts can often be cruised to and from different ports. Migrating the boat to Florida in the winter to be used year-round may also be ab option.
• You can sell your share of ownership at any time, holding their value because they are well-maintained and serviced.
• Maintenance costs are significantly reduced since they get split among the owners and a new boat is under warranty.
• Some Fractional Ownership organizations allow you to test the waters with a ‘Club Type’ membership so you get a real life yachting experience. 
• Most Fractional Programs offer very comprehensive instruction and training, so you can always feel competent and confident at the helm.
 
Boat OwnershipFractional Ownership may not be for everyone, but it is certainly worthy of consideration when buying a boat. Most people want to save money, not waste any valuable time while enhancing their lifestyle. Yacht Solutions based in the Greater Toronto Area offer Fractional Ownership programs on motor yachts with full yacht management services.
 
Yacht Solutions
(416) 907-9046 
For more info click here  

 

Related Articles

Video Gallery

Scout 400LFX

By Andy Adams

In this month’s Canadian Boating Power Review, Editor Andy Adams, gets onboard the Scout 400 LFX. Click here to enjoy the full review.

In late July, Jill Snider and I met Pride Marine’s Kevin Marinelli at Bridgeport Marina, Orillia, Ontario to review a brand-new Scout 400 LXF, equipped with twin Mercury Verado V12 600hp outboards. This is a simply jaw-dropping rig!

Read More

Destinations

Spotted! Canadian Boating in Antigua & Barbuda

By Mathew Channer

I wore my Canadian Boating cap everywhere I went in Antigua, for the sun, not for the shout-outs. But I sure received a lot of them.

Antigua Sailing Week is an international regatta that draws sailors of every level and spectators from all over the world. Yet I couldn’t walk across a room without being hailed by a Canadian who was as excited to see my cap as they were to see the racing. I met many who were on their 3rd, 4th and 5th visit.

Read More

Lifestyle