Cruisers Forum
 


Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on Cruisers Forums. Advertise Here
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 22-09-2022, 16:51   #1
Registered User

Join Date: Sep 2022
Location: Gold Coast Australia
Boat: Fountaine Pajot, Lipari, 12m
Posts: 3
Long Term Boat Lease -Australia

12 m sailing catamaran - Fountaine Pajot - Lipari.

We have sailed for 4 seasons up the east coast os Australia and are looking for a different adventure next year.

We are not ready to sell the boat but are considering having some sort of lease arrangement for 12 months in 2023.

In theory the right person would lease our boat just like renting a house.

Obviously a lot more complex than renting a house but can be arranged.

Look forward to thoughts, questions and comments.

Rosy
SV Adina is offline   Reply With Quote
Old 22-09-2022, 17:44   #2
Moderator
 
JPA Cate's Avatar

Join Date: Nov 2011
Location: aboard, cruising in Australia
Boat: Sayer 46' Solent rig sloop
Posts: 25,412
Re: Long Term Boat Lease -Australia

Hi, Rosy, Your post raised some questions for me, but I am aware sometimes people are looking for what you propose.

How would repairs be handled?

What about wear & tear on your boat?

How would you structure routine maintenance?

Would you permit offshore trips? for instance, to New Caledonia or Vanuatu?

Ann
__________________
Who scorns the calm has forgotten the storm.
JPA Cate is offline   Reply With Quote
Old 22-09-2022, 18:02   #3
Registered User

Join Date: Sep 2022
Location: Gold Coast Australia
Boat: Fountaine Pajot, Lipari, 12m
Posts: 3
Long Term Boat Lease -Australia

Hi Ann,

It would be just for cruising East Coast Australia, no overseas.

It would be handed over with new rigging, new anti foul and fully serviced to start.

Further maintenance would handled by the lessee.

Wear & tear and damages would be part of some sort of bond/discussion.

We are just investigating options and interested people.

Cheers,

Rosy
SV Adina is offline   Reply With Quote
Old 22-09-2022, 20:53   #4
Registered User

Join Date: Apr 2007
Location: Australia
Boat: Island Packet 40
Posts: 5,614
Images: 7
Re: Long Term Boat Lease -Australia

A high percentage of the hire boats in the Whitsundays are privately owned and placed with the charter companies for charter by the owners.
__________________
Satiriker ist verboten, la conformité est obligatoire
RaymondR is offline   Reply With Quote
Old 23-09-2022, 02:39   #5
Registered User

Join Date: Aug 2011
Location: Hervey Bay Qld Australia
Boat: currently boatless
Posts: 678
Re: Long Term Boat Lease -Australia

Hi guys, being from Oz here are some things that you may not have considered. I would think your insurance company would be very interested in your plan and any leasing agreement you may have. I would also be researching tax/business requirements on such a project. Hopefully you have already considered the experience and background of any proposed leasee. I would most definitely have a legal document in place outlining your obligations, expectations and visa versa for the leasee. Things happen in life and I would also consider a get out of goal clause where you can stop the lease in case of unexpected financial or health reasons. I know this one as an very unexpected health issue forced us to sell our cat . I would also have a detailed list of what is on the boat at the time of lease and expected to be on the lease. I would also consider who would be responsible for all safetly gear and maintenance on the vessel. With houses remember the landlord is responsible for all maintenance including changing of light globes and ensuring fire alamrs are working. Ultimately I think the idea of putting the vessel into charter may be the way to go given just some of the issues that have been raised.

Goodluck
Ozsailer
ozsailer is offline   Reply With Quote
Old 23-09-2022, 22:15   #6
Registered User

Join Date: Sep 2022
Location: Gold Coast Australia
Boat: Fountaine Pajot, Lipari, 12m
Posts: 3
Re: Long Term Boat Lease -Australia

Thanks Ozsailor,

We don't need to do it just interested on thoughts. We are going to be overseas for 12 months so thought it may be a great opportunity for a sailor in between boats or someone who can't afford to buy one.

Cheers,

Rosy
SV Adina is offline   Reply With Quote
Old 24-09-2022, 00:09   #7
Nearly an old salt
 
goboatingnow's Avatar

Join Date: Jun 2009
Location: Lefkas Marina ,Greece
Boat: Bavaria 36
Posts: 20,787
Images: 3
Re: Long Term Boat Lease -Australia

You are undertaking a commercial activity. You need to check local regulations , talk to your insurance maybe get specific legal advice
__________________
Interested in smart boat technology, networking and all things tech
goboatingnow is offline   Reply With Quote
Old Yesterday, 16:15   #8
Registered User

Join Date: Mar 2022
Location: Beloeil Québec Canada
Boat: Hunter 38
Posts: 11
Re: Long Term Boat Lease -Australia

HELLO
Fairdikem ausi, proves how long ago I was in Australia
We are interested in trading à Hunter 38 on Lake Champlain NY and à house near Montréal for the rest of the period ,How about that?
ppjoly is offline   Reply With Quote
Old Today, 05:47   #9
Registered User

Join Date: Mar 2022
Location: Beloeil Québec Canada
Boat: Hunter 38
Posts: 11
Re: Long Term Boat Lease -Australia

Having been on the Gold Coast way back, I promissed myself I would go back one day. Renting longterm in the Whitsundays sounds good.
Puting our boat with a short term leasing company is not an option for us, to much wear and tear. We would prefer leaving it on the cradle or renting it longterm to another boat "concerned " person. Lake Champlain in the summer months , wich can last from May to October, has all the amenities of the ocean without the tides and currents, salt water, sharks and hurricanes. We are still sailing as we speak.
ppjoly is offline   Reply With Quote
Old Today, 06:33   #10
Registered User

Join Date: Sep 2022
Posts: 1
Re: Long Term Boat Lease -Australia

I have done something similar in the past. We did not have a lease. However it was agreed I would have full access to the boat and that during this period I would also pay the cost of maintaining and servicing the boat. My details were provided to the insurer via the broker and there did not appear to be any issue re the insurance. However that may be because there was no lease payment.
It worked for both of us. I got use of a yacht without having to put in capital and he got to keep a boat and have it maintained, whereas if he had stored it that would have cost him. However the yacht was probably much older than yours snot worth nearly as much, so a lot less risk
Jgeale is offline   Reply With Quote
Old Today, 10:55   #11
Registered User

Join Date: Aug 2022
Posts: 3
Re: Long Term Boat Lease -Australia

I’m sure all previous posts bring up valid points, but it’s kind of sad we live in a world where nothing is simple anymore. The idea of leasing you boat for 12 months seems very straightforward forward, then to see all the hoops and hurdles required to actually do it makes it near impossible. It’s unfortunate, that promises and handshakes aren’t all that we need.
LostatC is offline   Reply With Quote
Old Today, 11:36   #12
Registered User

Join Date: Mar 2014
Location: Belgium
Posts: 711
Re: Long Term Boat Lease -Australia

Because of all the complexities, many listed above, I would say hand your boat over to a charter/management company and let them deal with it all. give them their percentage. Rely on their advice.
mako is offline   Reply With Quote
Old Today, 12:20   #13
Nearly an old salt
 
goboatingnow's Avatar

Join Date: Jun 2009
Location: Lefkas Marina ,Greece
Boat: Bavaria 36
Posts: 20,787
Images: 3
Long Term Boat Lease -Australia

Quote:
Originally Posted by LostatC View Post
I’m sure all previous posts bring up valid points, but it’s kind of sad we live in a world where nothing is simple anymore. The idea of leasing you boat for 12 months seems very straightforward forward, then to see all the hoops and hurdles required to actually do it makes it near impossible. It’s unfortunate, that promises and handshakes aren’t all that we need.


Sorry

“ hello , I’d like to take your $$$$$yacht around the world”

“I promise I’ll take good care of it “

“ oh that’s fine then let’s shake hands “

Watches as yacht goes out of sight over the horizon

Seriously mate ????
__________________
Interested in smart boat technology, networking and all things tech
goboatingnow is offline   Reply With Quote
Reply

Tags
Australia, boat, lease

Thread Tools Search this Thread
Search this Thread:

Advanced Search
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
For Rent: Lagoon 380 for Long-Term Lease Maverick Classifieds Archive 3 22-10-2010 12:51
Long Term Catamaran Lease kingster Multihull Sailboats 4 03-09-2010 17:43

Advertise Here


All times are GMT -7. The time now is 16:07.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2022, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2022, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.