Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 04-03-2003, 10:39   #1
Senior Cruiser

Cruisers Forum Supporter

Join Date: Feb 2003
Location: Macatawa Michigan
Boat: Amanda Faye 61' Custom Irwin aftcockpit ketch
Posts: 1,414
Images: 106
Buying a charter boat through the Moorings

Where can I get the numbers ($) for buying a boat through the Moorings or other companys? What I would like to know is how much is the boat and if I leave it in charter for 5 years how much will I still owe on the boat? Because I have been thinking that I could buy a boat and if it was paid down to what my Irwin is worth I could sell the Irwin and have a much newer boat. I' starting to see why the Cats are popular in the Caribbean and that is where I'm planning to spend my time.
__________________

__________________
irwinsailor is offline   Reply With Quote
Old 04-03-2003, 10:59   #2
Ex-captain
 
Gisle's Avatar

Join Date: Dec 2002
Location: Drammen, Norway
Boat: FP Belize 43 cat (2001)
Posts: 291
Images: 35
Yacht Ownership by Moorings

You'll find the info on Yacht Ownership here:

www.moorings.com/yachtownership.asp

I'm very happy about going for a catamaran. A lot more space, horizontal and faster cruising, two engines, two rudders, ...

But I went for Sunsail which you can read about on www.sunsail.com

Sunsail calls it Yacht Partnership:
www.sunsail.com/usa/yachtp/over.html
__________________

__________________
Happy cruising,
Gisle


"What's important in life is not how many breaths we get to take,
but those moments that take our breath away"

Jaques Cousteau
Gisle is offline   Reply With Quote
Old 21-08-2008, 06:39   #3
Registered User
 
Eleven's Avatar

Join Date: Sep 2007
Location: Southampton UK
Boat: Jaguar 22 mono called Arfur.
Posts: 1,220
Images: 3
Most seem happy with this deal once they accept it is a used boat. Some deals include for you to have off-peak time on your own boat.
Personally I wouldn't want tto wait for three/five years, I'd rather buy even older and have the budget to bring it up to my spec.
__________________
Ex Prout 31 Sailor, Now it's a 22ft Jaguar called 'Arfur' here in sunny Southampton, UK.
A few places left in Quayside Marina and Kemps Marina.
Eleven is offline   Reply With Quote
Old 21-08-2008, 06:41   #4
Registered User
 
Eleven's Avatar

Join Date: Sep 2007
Location: Southampton UK
Boat: Jaguar 22 mono called Arfur.
Posts: 1,220
Images: 3
Just had a look at the Sunsail blurb. Ten weeks a year on your or another boat. Most marina boats don't go out that much!
__________________
Ex Prout 31 Sailor, Now it's a 22ft Jaguar called 'Arfur' here in sunny Southampton, UK.
A few places left in Quayside Marina and Kemps Marina.
Eleven is offline   Reply With Quote
Old 21-08-2008, 06:49   #5
Eternal Member
 
imagine2frolic's Avatar

Join Date: Feb 2008
Location: Las Brisas Panama AGAIN!
Boat: Simpson, Catamaran, 46ft. IMAGINE
Posts: 4,508
Images: 123
Irwin,

I would look at boats coming out of charter. That way you can get an idea of what will be delivered to you at the end of the contract.......BEST WISHES on entering the DARKSIDE of sailing.....LOLOLOLOLOL
__________________
imagine2frolic is offline   Reply With Quote
Old 21-08-2008, 07:37   #6
jzk
Registered User

Join Date: Jun 2006
Posts: 639
Every way I have looked at this, it seems like a really bad deal for the boat owner, and not such a bad deal for the Moorings. A $650,000 boat ends up selling for $300,000 after charter service, and you still have a mortgage. Best just to buy the boat for $300,000.
__________________
jzk is offline   Reply With Quote
Old 21-08-2008, 10:23   #7
Registered User
 
Zanshin's Avatar

Join Date: Feb 2007
Location: Caribbean
Boat: Jeanneau 57
Posts: 1,621
The Charter system only makes financial sense if you use the owner time (either on your own or another boat in another location) all the way to the maximum number of weeks allowed.
__________________
Zanshin is offline   Reply With Quote
Old 21-08-2008, 11:57   #8
CF Adviser
Moderator Emeritus
 
Hud3's Avatar

Cruisers Forum Supporter

Join Date: Sep 2007
Location: Virginia
Boat: Island Packet 380, now sold
Posts: 8,929
Images: 49
Before getting too carried away, please note that this thread is 5-1/2 years old. Not that it isn't an interesting subject...
__________________
Hud
Hud3 is offline   Reply With Quote
Old 21-08-2008, 13:43   #9
Senior Cruiser
 
sandy daugherty's Avatar

Cruisers Forum Supporter

Join Date: May 2008
Location: near Annapolis
Boat: PDQ 36 & Atlantic 42
Posts: 1,178
Awwwh gee, HUD, if we didn't want to get carried away we'd be doing laundry or some other socially acceptable chores!
__________________
sandy daugherty is offline   Reply With Quote
Old 21-08-2008, 13:52   #10
Moderator Emeritus
 
Pblais's Avatar

Join Date: Mar 2003
Location: Hayes, VA
Boat: Gozzard 36
Posts: 8,700
Images: 15
Send a message via Skype™ to Pblais
Quote:
Awwwh gee, HUD, if we didn't want to get carried away we'd be doing laundry or some other socially acceptable chores!
Sorry, no lawn mowing today.

Just to add to the story IrwinSailor didn't buy the charter boat and Gisle sold the CF forum to Andy and went sailing. Ideas have a way of working out as they will and not always as expected.
__________________

__________________
Paul Blais
s/v Bright Eyes Gozzard 36
37 15.7 N 76 28.9 W
Pblais is offline   Reply With Quote
Reply

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

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 Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Selecting the Ideal Liveaboard Monohull Sailboat Stede Liveaboard's Forum 50 21-07-2011 12:43
Do Boats Have 'Souls' ? sail_the_stars General Sailing Forum 77 14-11-2010 15:25
Changing the Boat's Name sjs General Sailing Forum 4 24-05-2004 08:15
Buying a charter boat irwinsailor General Sailing Forum 2 26-03-2003 00:14



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 14:58.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.