Wednesday, March 23, 2011

Exploring The Water With A Boat Share

By Travis Ferguson


A boat share is a unique idea if you cannot quite afford to own a dream yacht, but you do want to have something to do with being on a yacht. You have some ownership, but without the associated costs and maintenance associated with owning one fully. The upside of this is that it is totally resalable. So, if you wanted out of the agreement, you just sell your asset to someone else.

Sharing an asset such as watercraft lends freedom to walk on and off it with few to no responsibilities with maintenance and upkeep. Also, in this type of plan, you can have a skipper included, too. The skipper is familiar with the sea, if you aren't, so you can get a skipper if you needed to. With this type of asset, you don't even need to worry about watercraft insurance.

A benefit from ownership is like owning the watercraft without the hassles of the upkeep and service fees. You own a piece of this without the hassle of owning it privately, yourself, which would require you to service and maintain it. If you wish to sell your portion, this is an asset that can be converted into cash.

You can choose a plan where there is a cleaning service. This can come at a higher cost. But, if you want to enjoy the watercraft without any further responsibilities, then this is a great choice and an option that is available to you.

All that you would normally have to pay for above the fee to share is the fuel for the watercraft. I say that this is a better deal, as you don't have all the other associated costs with privately owning one yourself.

The only downside that I can see with this is that you have to plan around the weeks that you can use the watercraft. It isn't like you can just go out on the water whenever you feel like it. You will have to plan when you will book your time on the watercraft. A boat share is an excellent idea.




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