Why a Sydney Boat Share is a Great Thing to Do
If you have wanted to buy a boat for a long time, but have not been able to save the money necessary to do so, you may currently be looking at buying a Sydney boat share. After all, not only is this a more affordable way to own a boat, but there are many more good reasons for doing so at well.
You can buy a Sydney boat share for as many weeks as you like -- Boat shares work by allowing you to use the boat for so many weeks per year. Depending on the number of boat shares you buy, you may own the boat for two weeks a year, three, four, five or more.
You can take several weeks holiday -- Once you own a Sydney boat share, you will have access to the boat for several weeks holiday every year. The holiday will take place on the boat with a group of people who also own a share of the boat for that particular time of year.
You do not have to take care of the boat -- If you own your own boat, unless you pay someone to take care of it every time you use it, you will have to do that yourself. It is time consuming.
If, however, you own a sydney boat share, the boat is actually taken care of by a crew. Of course, you will pay for the crew but this will be included in the price of your boat share.
You will eventually recoup some of your investment -- After a few years, the boat will usually be sold. When it is, expenses and management fees are taken out of the proceeds, but then the rest of the money is divided up among the people that purchased boat shares.
Why a Sydney Boat Share is Affordable
Have you been hearing about Sydney boat shares, but do not know what they are? Have people been telling you what an affordable way of owning a boat they are?
If so, and you would love to own a boat but cannot really afford it, paying for a sydney boat share is the best way to do it.
What is a Sydney boat share? -- Boat shares work very much like time shares for houses and apartments but, instead of owning several weeks in a holiday resort, you own several weeks on a Sydney boat. That means you own a percentage of the boat and can use it for a certain number of weeks every year. A great way to get out on the ocean and have some fun on a boat, without having to spend hundreds of thousands of dollars to do so.
How does a Sydney boat share work? -- When you buy a boat share, from then on you are able to take so many weeks holiday per year on the boat you just partially bought. The typical number is six to eight weeks, so you will have plenty of time to enjoy the boat.
You continue to use the boat share every year until, when the boat hits a certain age, the company will sell the boat, pay off any debts and split up the remainder of the profit with the people that boat boat shares.
Why is a boat share affordable? -- Not only do you get to spend a couple of months aboard a luxury boat every year, the cost of a boat share is not really that high.
Then, when you factor in that the boat is sold and you will receive a percentage of the profit, you also recoup some of the money that you did originally spend.
An Affordable Way to Own a Luxury Boat
Some people dream of owning their own boat, which they could use to spend the day out on the water with family and friends. Unfortunately, a lot of people do not believe they can afford to own a boat of their own. Luckily, there are companies that now offer people the opportunity to own the boat of their dreams through boat sharing. Companies offering Sydney boat share opportunities structure the shared times so everyone who owns a share of the boat receives an equal amount of time spread out between weekends and weekdays.
Training Included
The company offering boat sharing to Sydney residents, will often provide initial training on the operation of the vehicle. This training provides the new boat owner with the skills needed to safely operate their boat before taking it out on the water. This service could also provide additional training to those individuals who feel they are not quite ready. A person must be over 18 years of age to be a designated driver of the boat. An owner could have the option of adding two additional people as qualified drivers for the boat, which means a husband and wife could each take the boat out separately.
Availability of Boats
Companies offering sydney boat share opportunities will have a limited number of shares per boat. This is due to the equal amount of time the owners have during the year. Once the slots fill up, there are no more shares available for that particular boat. The cost of a share could also depend on the type of boat a person wants to own. The boat sharing company could have large luxury boats such as an Absolute power yacht in sizes of 52 or 45 feet. These full sized yachts are capable of sleeping up to seven passengers, making them the ideal choice for overnight boating trips.
The Many Benefits Of A Boat Syndicate
There are very few experiences to compare to piloting a watercraft on the waterways in your neighborhood. Boat ownership is particularly popular in areas where marinas are plentiful and it is easy to access the waterfront. Unfortunately, the ability to own a watercraft is not for everyone especially due to the cost factor. In order to break down those obstacles society came up with an idea to facilitate sharing a vessel one that resembled timeshare to a certain extent. Some residents of Australia have decided to introduce a boat syndicate option in an attempt to encourage boat ownership in that country.
The difference
Unlike sharing a vessel the boat syndicate option is geared for people who have no problem with the finance but lack the necessary time. Several people look at boat ownership as an experience they do not want to be without. When they begin to use their vessel and realize that ownership requires spending almost as much time maintaining it as you would out on the water the opinions change. This realization has managed to force many people to vacate their dreams and place their vessel in the for sale section of the newspaper.
Options
The good news is that people who choose to boat syndicate their vessel will not need to give up their lifelong dreams. Companies like Luxury boat Syndicates understand the need to own a vessel without the headache and have decided to help with that. They offer a full management service for your vessel with everything from financial aspects to berthing being handled. If you lack experience in handling your watercraft they can assist with their training courses for all aspects of operating and docking your vessel. Depending on the size of your watercraft, you may prefer to hire someone to skipper the vessel. Luxury Boat Syndicates can provide you with a skipper to take you to your chosen destination.
