Owning a boat is a lifelong dream for many, which usually turns into a fantasy that will never happen. Boat ownership is highly expensive and used to be reserved for the rich and famous only. Likewise, it comes with a lot of hassles because you have to ensure that the boat is in good repair, which requires servicing the engine, cleaning, replacements, repairs, and maintenance, all of which eats into your boating time and costs money. An alternative to owning a vessel is to consider boat share options.
Most people only use their purchased and owned boat 30 to 45 days a year. The rest of the time, it sits in the harbour and looks beautiful. If you have a lifestyle where you can own your own vessel, it likely means that you’re a busy person with precious little leisure time. It makes sense to consider Luxury Boat Syndicates if you don’t have a luxury lifestyle or don’t want to pay for a boat that you won’t use but a few months altogether.
It is usually the best choice to consider a fully managed company. You have the professionality and experience that they’ll offer, as well as the fairness for everyone involved. They will make sure that you are trained sufficiently to use your boat, and can also offer a wide variety of other services.
They’ll likely handle the administrative needs, insurance and registration, berthing, bookkeeping, booking appointments and more. They can also provide you with a qualified skipper, available on holidays, as well.
They can also deal with all maintenance needs, including scheduled maintenance as per the log book, preventative care, and more.
Refuelling is easy because they’ll take care of it, billing you every two weeks or monthly, depending on the company and the season.