| Many of you would-be boat owners may want to | | | | seasonal location? Each year your boat will need to |
| consider a fractional sailing program, sometimes called | | | | be hauled, winterized, stored, commissioned, and |
| a boat club or time share boat. These programs | | | | launched; this type of annual service can easily run |
| offer many benefits over traditional boat ownership. | | | | into the thousands of dollars. Even if you live in a |
| In this article we will try to summarize a few: | | | | year round location where the boat does not need |
| No equity in the boat - A frequent question for new | | | | to be stored chances are there you will have to |
| fractional sailing program members is who owns the | | | | worry about hurricane season, and still need to haul |
| boat. Most established programs do not require | | | | the boat annually to paint the bottom. |
| members of the boat club to own an equity interest | | | | No long sales process - Ever heard the old adage |
| in the yacht. The big benefit here is pretty obvious: | | | | "The two happiest days for a boater are the day |
| no equity, no liability. My dad always used to say it is | | | | they buy a boat and the day they sell it"? Well, there |
| not your assets, it is your liabilities. | | | | is a lot of truth to this, one of the main reasons |
| No maintenance - Sails, running rigging, standing | | | | being that used boats are difficult to sell, in fact the |
| rigging, refrigeration, propane, fuel, gel coat, oil and oil | | | | used boat market is currently in one of its biggest |
| filters, fuel filters, belts, lines, fenders, the list goes on | | | | slumps ever die to the weak economy. With a |
| and on. A boat owner's work is never done, from | | | | fractional sailing company you do not have to worry |
| cleaning to changing zincs a good time share boating | | | | about reselling your old boat. |
| program will handle it all. | | | | Fractional sailing programs or boat clubs can offer |
| No winter storage/haul outs - Each year there is a | | | | significant financial, emotional and time saving benefits |
| great deal of annual maintenance items that must be | | | | that traditional boat ownership simply can not provide. |
| taken care of on a well maintained boat. Live in a | | | | |