Fractional Ownership of Boats, Yachts – The Advantages
How Often Does Your Boat Really Get Used?
When I was young and had no commitments I owned a boat. I was really keen on my sailboat and tried to get out on it as often as I could. When I look back at this period I can see that I still only used it for a maximum of 7 times (weeks or weekends) in a season. Now this was a massive waste of money. Given that the sailing season was nearly 28 weeks I was using it for approximately 25% of the available time. I was still doing a lot better than some people though. There was one particular boat that was put in the water at the start of the season and was probably only used once. By the end of the season it sometimes had grass growing on it!
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Most People Who Own Boats Have Commitments!
The example I gave above was for me as a young man with no family commitments,
an undemanding job, and few domestic responsibilities. This doesn’t fit the normal profile of someone owning a boat. They would typically be of an age where they had children, possibly their own business or demanding career etc. etc. In these circumstances it becomes even more difficult to allocate the time/resources to maintaining and using a boat. It can be quite common for the opportunities to use it to be only a few times in a season. In these circumstances does it really make sense to own your boat and leave it unused for 80% of the year or
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