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

Boston Whaler 350 Realm

By Andy Adams

You might be dreaming of an adventure boat, or a luxury cruiser, or maybe a serious fishing platform. You might dream of an overnight exploration boat, or a boat that entertains a big group of friends or family. Whatever your ambitions, the features and appointments, and the stellar performance of the Boston Whaler 350 Realm, equipped with triple Mercury Verado V10-cylinder 425 horsepower engines, feels like it could do just about anything. It’s the Great Entertainer.

Read More

Destinations

The Whitsunday Islands

By Mathew Channer

On my first day as a commercially registered yacht captain, I sailed a Fontaine Pajot 38 catamaran from mainland Australia across the Whitsunday Passage to the western shores of the world-famous Whitsunday islands.

We cruised northeast on a 15-knot beam reach… perfect catamaran sailing conditions, watching the hazy shapes of the islands colourize and morph into crescent beaches, jungled ridgelines and rocky outcrops. 

Read More

Lifestyle