I own a boat with Tui Marine
that recently finished it's Moorings contract
and is now in Footloose.
This is my bottom line feeling:
If you enjoy chartering often, owning is a way to have a similar experience, more often at less expense. If you use the boat 4 weeks or more per year, I really don't see how you can go wrong compared to chartering.
If you are comparing charter ownership
to owning a boat yourself, it gets much more complex, because they are really very different opportunities. If you are only going to sail 4-6 weeks per year, charter management is probably a better deal than owning the same boat yourself - but
, is that the real life trade
off you'd make? If you'd like to sail 12 weeks or more per year, than it's a different story, same if you live on the ocean and want to hang out on your boat for an evening. It's now a buyer's market, so maybe you can pick up a boat for 25K, that makes you just as happy as that 180K entry level Moorings boat - again that changes everything.
My last comment is that I feel that while my boat has been well used, it has also been very well looked after. People often focus on how heavily used and abused charter boats are, which is true, but I think they often miss both the attention to upkeep and the substantial savings that way more than make up for that wear (Notable income
, plus no maintenance
, no insurance
and no dockage - that's a very substantial savings.) I've seen many private boats for sale
that are in much, much worse upkeep than my Moorings boat. (I think you will notice that much of the criticism of charter management comes from people who have actually never done it.)
I could give my boat away now, and would be about even compared to having bought the boat and paid for all the upkeep and other costs myself, so I certainly have no regrets.
Feel free to send me a message if you have any other questions.
All the best in your decision, wherever that may lead.