What Is A Boat Share Club?

Boating Members pay a fixed annual fee which givesCost
them access to a range of boats. Boats can varyOne Boat Share Club, Pure Latitude operates a
from high performance cruising yachts like Sunseeker,scheme through a points-based system, with annual
Beneteau, Dufour and Bavaria, high performancesubscriptions from £2,995 to £6,995. The club
power boats, sailing yachts and exhilarating Ribs.takes responsibility for capital outlay and all the costs
These fractional ownership schemes, many modelledusually associated with ownership including marine fuel
on the well established market in the USA, arecosts.
attracting increasing numbers of sailors looking to cutGlobal leader in Fractional Sailing ‘SailTIme’
costs in current markets.break costs down to monthly membership fees and
Advantageswith the fees all inclusive of insurance, maintenance
- Easier than ownershipand marina fees you won’t have any nasty
- Less expensive that yacht chartersurprises. With over 50 sailing locations worldwide, the
- No long term commitment, normally 12 months.SailTIme mission is to make luxury sailing, practical,
- Varied fleet performance cruising yachtscost effective and simple.
- Good opportunity to test before buyingThe well documented credit crunch, the end to
- Opportunity to sail in a variety of locationsmarine red diesel derogation in the U.K. from the 1st
- Can provide training, crew finder and free adviceNovember 2008 plus other inflationary costs will mean
- Pay for fuel used only.some boat owners are going to look for cheaper
Disadvantagesalternatives to 100% boat ownership. As the market
- Location of yachts may not be suitabletightens U.K. Boat Share Clubs are increasing in
- Must book in advance for usenumber.
- Need to be flexible on choice of boats