Boating Members pay a fixed annual fee which gives them access to a range of boats. Boats can vary from high performance cruising yachts like Sunseeker, Beneteau, Dufour and Bavaria, high performance power boats, sailing yachts and exhilarating Ribs.
These fractional ownership schemes, many modelled on the well established market in the USA, are attracting increasing numbers of sailors looking to cut costs in current markets.
One Boat Share Club, Pure Latitude operates a scheme through a points-based system, with annual subscriptions from £2,995 to £6,995. The club takes responsibility for capital outlay and all the costs usually associated with ownership including marine fuel costs.
Global leader in Fractional Sailing 'SailTIme' break costs down to monthly membership fees and with the fees all inclusive of insurance, maintenance and marina fees you won't have any nasty surprises. With over 50 sailing locations worldwide, the SailTIme mission is to make luxury sailing, practical, cost effective and simple.
The well documented credit crunch, the end to marine red diesel derogation in the U.K. from the 1st November 2008 plus other inflationary costs will mean some boat owners are going to look for cheaper alternatives to 100% boat ownership. As the market tightens U.K. Boat Share Clubs are increasing in number.
This article is free for republishing
Source: http://neildennis.articlealley.com/what-is-a-boat-share-club-656056.html