Notices
General Boating Discussion
View Poll Results: Would You be interested in fractional Boat Ownership:
Yes, on a Yacht 120' or more with crew
1
1.89%
Yes, on a Yacht 80-120' with crew
8
15.09%
Yes, on a Yacht 40-80' with crew
5
9.43%
Yes on a Yacht to pilot myself
2
3.77%
Yes on a performance boat
6
11.32%
Not at all
31
58.49%
Voters: 53. You may not vote on this poll

Fractional Boat Ownership

Thread Tools
 
Old 01-08-2003 | 02:11 PM
  #1  
SummerObsession's Avatar
Thread Starter
Registered
 
Joined: Oct 2001
Posts: 1,831
Likes: 1
From: Kansas/LOTO
Question Fractional Boat Ownership

I am exploring the thought of a fractional boat ownership program. I am interested to view some opinions to see if there is any interest in such a program. I view it being very similar to biz jet programs that are working so well today.
I see it as a way for the average person with no boating experience to own a large yacht or other type of boat without all the headaches and expenses that come with it.
Here is my question, specifically. Would you be interested? And what type(s) of boat would interest you or someone you know.
SummerObsession is offline  
Reply
Old 01-08-2003 | 02:16 PM
  #2  
SummerObsession's Avatar
Thread Starter
Registered
 
Joined: Oct 2001
Posts: 1,831
Likes: 1
From: Kansas/LOTO
Default

Keep in mind all expenses would be paid (crew, permits, maintenance, travel arrangements, etc) and a minimum of 10% buy in.
Don't forget the tax benefits of depreciation, etc. in ownership vs. charter.



Thanks for participating!!!
SummerObsession is offline  
Reply
Old 01-08-2003 | 02:28 PM
  #3  
IDRPSTF's Avatar
Registered
 
Joined: Sep 2001
Posts: 1,759
Likes: 1
From: In your driveway while you sleep
Default

The first time someone spills a cup of coffee on the carpet...The honeymoon is over! Good luck.
IDRPSTF is offline  
Reply
Old 01-08-2003 | 02:37 PM
  #4  
SummerObsession's Avatar
Thread Starter
Registered
 
Joined: Oct 2001
Posts: 1,831
Likes: 1
From: Kansas/LOTO
Default

I understand. It is the same way with aircraft.
Would you want coffee spilled on your 50 million Gulfstream?
That's one of the reasons there is a maintenance fee.
SummerObsession is offline  
Reply
Old 01-08-2003 | 02:48 PM
  #5  
PhantomChaos's Avatar
Registered
 
Joined: Dec 2000
Posts: 12,746
Likes: 0
From: Bell Canyon, CA
Default

What kind of fraction percentages are you talking about......1/16th? The 80-120 would be best. After 100' I've noticed quite a difference in the layouts.....for example, the kitchen is not part of the "main" area, but is separate where meals are prepared and brought out to you. I like hanging in the kitchen area...that's the heart of any party!
PhantomChaos is offline  
Reply
Old 01-08-2003 | 02:48 PM
  #6  
hot water's Avatar
Registered
 
Joined: Feb 2002
Posts: 480
Likes: 0
From: Northern California
Default

Instead of fractional ownership, have you looked into yacht charter instead
hot water is offline  
Reply
Old 01-08-2003 | 02:52 PM
  #7  
SummerObsession's Avatar
Thread Starter
Registered
 
Joined: Oct 2001
Posts: 1,831
Likes: 1
From: Kansas/LOTO
Default

I suppose it could be 1/16 or percentages, whichever worked the best.
I agree with the larger boats being more attractive to this kind of program.
This is a curiosity thing for me. It works so well with aircraft becasue people don't want to hassle with all the details.
I think if you could call 1 phone number to arrange your trip, it's crew, destination, provisions, etc. it would be a hassle free way to enjoy big yacht ownership at a "fraction" of the cost.
SummerObsession is offline  
Reply
Old 01-08-2003 | 02:53 PM
  #8  
SummerObsession's Avatar
Thread Starter
Registered
 
Joined: Oct 2001
Posts: 1,831
Likes: 1
From: Kansas/LOTO
Default

Charter is OK, but no benefits of ownership. Why not let the govt. pay for it? (in reduced taxes, depreciation, etc)
SummerObsession is offline  
Reply
Old 01-08-2003 | 03:04 PM
  #9  
IDRPSTF's Avatar
Registered
 
Joined: Sep 2001
Posts: 1,759
Likes: 1
From: In your driveway while you sleep
Default

I like hanging in the kitchen area...that's the heart of any party!
Thats because you are usually brought on board as a cook!
IDRPSTF is offline  
Reply
Old 01-08-2003 | 05:06 PM
  #10  
wwwTOPDJcom's Avatar
VIP Member
 
Joined: Mar 2002
Posts: 3,514
Likes: 4
From: Vestal/Binghamton NY
Default

Originally posted by IDRPSTF
Thats because you are usually brought on board as a cook!
wwwTOPDJcom is offline  
Reply


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.