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

Like Tree0Likes

Fractional Boat Ownership

Reply
Old 01-08-2003, 03:11 PM
  #1
Registered
Thread Starter
 
SummerObsession's Avatar
 
Join Date: Oct 2001
Location: Kansas/LOTO
My Boats: 2015 MTI 48
Posts: 1,831
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 With Quote
Old 01-08-2003, 03:16 PM
  #2
Registered
Thread Starter
 
SummerObsession's Avatar
 
Join Date: Oct 2001
Location: Kansas/LOTO
My Boats: 2015 MTI 48
Posts: 1,831
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 With Quote
Old 01-08-2003, 03:28 PM
  #3
Registered
 
IDRPSTF's Avatar
 
Join Date: Sep 2001
Location: In your driveway while you sleep
My Boats: Whatever you missed your payment on
Posts: 1,759
Default

The first time someone spills a cup of coffee on the carpet...The honeymoon is over! Good luck.
IDRPSTF is offline  
Reply With Quote
Old 01-08-2003, 03:37 PM
  #4
Registered
Thread Starter
 
SummerObsession's Avatar
 
Join Date: Oct 2001
Location: Kansas/LOTO
My Boats: 2015 MTI 48
Posts: 1,831
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 With Quote
Old 01-08-2003, 03:48 PM
  #5
Registered
 
PhantomChaos's Avatar
 
Join Date: Dec 2000
Location: Bell Canyon, CA
My Boats: Formula FASTech 382 Sunseeker Apache 45
Posts: 12,756
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 With Quote
Old 01-08-2003, 03:48 PM
  #6
Registered
 
hot water's Avatar
 
Join Date: Feb 2002
Location: Northern California
My Boats: 2000 382 Formula Fastech
Posts: 480
Default

Instead of fractional ownership, have you looked into yacht charter instead
hot water is offline  
Reply With Quote
Old 01-08-2003, 03:52 PM
  #7
Registered
Thread Starter
 
SummerObsession's Avatar
 
Join Date: Oct 2001
Location: Kansas/LOTO
My Boats: 2015 MTI 48
Posts: 1,831
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 With Quote
Old 01-08-2003, 03:53 PM
  #8
Registered
Thread Starter
 
SummerObsession's Avatar
 
Join Date: Oct 2001
Location: Kansas/LOTO
My Boats: 2015 MTI 48
Posts: 1,831
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 With Quote
Old 01-08-2003, 04:04 PM
  #9
Registered
 
IDRPSTF's Avatar
 
Join Date: Sep 2001
Location: In your driveway while you sleep
My Boats: Whatever you missed your payment on
Posts: 1,759
Default

Quote:
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 With Quote
Old 01-08-2003, 06:06 PM
  #10
VIP Member
Platinum Member
 
wwwTOPDJcom's Avatar
 
Join Date: Mar 2002
Location: Vestal/Binghamton NY
My Boats: 1992 450hp Senza Spectre 25'
Posts: 3,477
Default

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

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
BDiggity
Cigarette
23
04-30-2008 05:00 PM
super malaka
Cigarette
1
03-22-2004 07:31 AM
Rick G
General Boating Discussion
4
03-05-2003 01:21 PM
THRILLSEEKER
General Boating Discussion
5
09-05-2002 11:38 AM
klaw
Cigarette
5
08-20-2002 09:05 PM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 06:34 PM.


Copyright 2011 OffShoreOnly. All rights reserved.