Every year, and particularly at every boat show, we see more and more discussions around “Boat Ownership as a Business”. • They limit the fleet to a manageable size so they can take excellent care of their customers and boat owners. If you’re not satisfied with clauses that are important to you, consider walking away. I should note that different charter companies have different management contracts. There are three options once the program has ended: private use, place the yacht in a second tier charter operation for another 5 years, or sell the boat. The luxury extends inside with modern finishes, a In celebration of 50 years, we thought we would sit down with The Moorings Yacht Sales Manager, Jean Larroux, and take a trip down memory lane. So many boats, each one more tempting than the other. • You’ll enjoy great bonding and leisure time with family and friends. You will find many companies on the market, from small operations to large, and there are pros and cons to each. Others big commercial structures. Starting with just six Pearson yachts in 1969, The Moorings offered travelers a unique way to explore the islands and experience the thrill of sailing. For example, catamarans are becoming the workhorse of the Caribbean charter fleet. Now you are dreaming of buying your own charter yacht. Owning a yacht in a charter fleet is one viable option and owning a yacht privately has its advantages too. Times, Sunday Times (2012) It is the first sign in Owen that the balloon was about to slip its moorings and fly off over new and unfamiliar terrain. Jeannius 83. I purchased my first charter boat in 1995, and I admit that I’ve experienced some years with lower-than-expected charter income and frustrations of different varieties. Move your boat to one of the second-tier charter fleets at the end of the contract. I cannot stress enough the crucial importance of reading the contract extremely carefully and negotiating any clause you don’t understand or feel 100 percent comfortable with. Ensign . Most companies will show you pro formas of future potential bookings, but that’s not good enough. Some boat sizes and configurations are more popular than others among charterers. Now comes the hard part: How do you go about doing this? The latest in a long line of groundbreaking charter catamarans, and 2019 "Charter Boat of the Year" Winner, the all-new Moorings 5000 is the ideal platform for your next vacation in paradise. Our annual guide to vacationing on the water. Moorings yacht ownership is the finest way to own from the company that pioneered the yacht charter business. Times, Sunday Times (2013) Show more... You can walk the main … I can’t think of anything else I could have spent my money on and gotten so much enjoyment and fulfillment from over the years. MDC transferred ownership of The Moorings Yacht & Country Club properties to the Club's membership in 1991. Your income will be hit hard if there’s an economic recession, for example. The boats aren’t personalized, and they all look the same. • If the boat hasn’t sold before the contract ends, you will have to pay the mortgage and expenses while no longer earning charter income. news.kc.sbcglobal.net: 1/17/02 3:35 PM: I did a Moorings boat several years ago. While our previous power cats have shared the... Tony Rainold and his wife, Sherryl, along with Charlie and Ginnie Cary, the founders of The Moorings, met as you would expect -- through sailing. What better way to show our appreciation than to reflect on the reasons we love sailors? Charter yacht ownership obviously has pros and cons. is just what it sounds like—you buy a piece of the yacht, or a fraction of the yacht, 10 Reasons To Be Thankful for Sailors This Season, Putting the Moorings 534PC to the Test in Paradise, Built From the Ground Up: How Six Boats Changed the Sailing Industry Forever, What Our Owners Say About Investing in The Moorings, Everything You Need to Know About Fractional Yacht Ownership, Charter Ownership vs. New online moorings are acceptable only if all of the following criteria apply: (a) There is clear excess demand for moorings in the area with no vacancies at comparable the Trust or third party sites. The Moorings is credited with creating the “guaranteed income” ownership model that has become the most popular plan among the world’s largest charter companies. Jean wrote the rules for the charter yacht ownership program used today—in fact he invented it. I have received conflicting stories from different people in the industry. Now, he wants to inspire a new generation of sailors to take the helm and discover the thrill of this timeless tradition. People staying on or near the lake or oceanside understand the benefits of owning a boat more. (This area is my longtime favorite.). Screw-in moorings are a modern method. Also, there’s some limit on usage in high season. Sunsail and The Moorings have been around for more than 50 years, offering sailing holidays to their customers. Boat Buying Process, Contact several charter companies and start getting a feel for the real thing. We checked in at the Moorings desk and headed to the boat. Question 2: Do I intend to use the boat extensively during the contract — say, three or more weeks a year? (b) There is no prospect in the short or medium term of new off-line mooring development. Each yacht carries state-of-the-art equipment and a variety of on-board amenities. (c) There is low density of existing on-line moorings in the area. Even parts could be hard to come by. This fact has been recognized over and over by charter boat owners.   Fractional ownership is just what it sounds like—you buy a piece of the yacht, or a fraction of the yacht, instead of owning it from stem to stern. Like boat types, not all chartering areas bring in the same charter income. Register Log In TravelTalkOnline Forums British Virgin Islands moorings ownership program: Portal Forums Birthdays Active Threads Forum Help: Forum Statistics: Forums 39. The anchor in a screw-in mooring is a shaft with wide blades spiraling around it so that it can be screwed into the substrate. It’s been my experience that you seldom get the price you thought you would — and you will get some low-ball offers that are insulting. You are here. Each yacht carries state-of-the-art equipment and a variety of on-board amenities. Let’s assume you will acquire a bareboat (meaning with no crew). You’re getting more confused by the minute. Charter companies have one thing in common: They all make lots of promises. And the yacht is yours at the end of the contract. I continued to rent. The boat is moored on a CRT mooring at an ideal spot, any necessary move would be detrimental to the business. The e-mail address is not made public and will only be used if you wish to receive a new password or wish to receive certain news or notifications by e-mail. Carefully assess which is best for you. • There’s no flexibility if you want a boat make or model they don’t offer, or if you want additional custom features or equipment. Using the boat a lot will make ownership less expensive than chartering, not to mention the enjoyment you’ll get. If you are looking to retire in the next 3-5 years and want to go cruising, the Guaranteed Income program may be a good option for you. This is a big difference compared to large companies, and this is where it can get tricky: It may be tempting for the charter company to bill an owner for repairs he or she has no control over (remember, you are far away). We work in close partnership with world-renowned yacht manufacturer Robertson and Caine to produce award-winning sail and power catamarans. This is a matter of personal preference, but here are some criteria: • If you plan to base your boat in the Caribbean, bear in mind that sailing and anchoring in the southern Caribbean (the Windward Islands, such as Grenada, St. Lucia, Martinique) is more challenging than in the northern Caribbean (the Leeward Islands, such as the U.S. and British Virgin Islands, St. Martin). You’re much better off simply chartering, since charter ownership won’t present any advantage in your situation, except satisfying that ego. Moorings monohulls are crafted to our strict specifications by Beneteau. Smaller companies are better suited for owners who want a particular type of boat with customized features (some companies will take almost any boat you’d like in their fleets), like to sail a lot, might go out on their boats two months at a time, and like to be very involved with the ownership experience. I specifically came to this page to discover the regime for the tidal thames. Stop reading and forget it. Showing up and grocery shopping is basically all you have to do. Private Ownership: How to Decide. If you answer yes to either part of the question, that’s good. • It may take even longer to sell the boat if the market is saturated with charter boats similar to yours — for example, in the Caribbean. Now you are dreaming of buying your own charter yacht. Charter boat ownership is a great way to enjoy sailing for a few years without major expenses, while charter income pays for some or all of the mortgage (more about income and finances later). Product Details. Some companies offer such options as a simple and straightforward buy-back or a buy-back at a predetermined price if you roll over to a new boat. Kennys 83. • Maintenance, phase-out and hurricane procedures need to be carefully checked. SXMScubaman 146. sleepychef 86. Question 3: Do I need to overborrow to afford the boat — for example, taking out a home equity loan to come up with the down payment — or will the monthly payments exceed the yacht’s potential income? Some remote locations, though exotic, might also lack competent mechanics and surveyors. • The owner gets unlimited use of the boat with most companies. Pro formas can be deceiving, vague and optimistic. • The northern Caribbean offers an almost unlimited diversity of cruising grounds and anchorages in a relatively small area. Home › Yacht Ownership. Transfer of ownership: $103.50: Surrender of consent: No charge: Triennial mooring inspection costs : Remain between mooring consent holder and the mooring inspection contractor. And they might offer to help you sell the boat through their brokerage. How the monthly payments work depends on the charter company. We work in close partnership with world-renowned yacht manufacturer Robertson and Caine to produce award-winning sail and power catamarans. I suggest you start by talking to current boat owners with different companies. Q&A with Onne van der Wal If you don’t intend to use your boat a lot but answered yes to Question 1, proceed to Question 3. We took a look at the pros and cons of … That depends on the boat, however, a 39′ catamaran in the Moorings fleet will cost you $400,000 right now. (Sunsail even offers exchanges with its land-based resorts — a huge benefit.). Waikato Regional Council has a number of visitor moorings which can be used for short-term rental. Our annual guide to vacationing on the water Similarly, don’t count on the charter income for anything other than paying the mortgage. Its really really not a clever cheap way into home ownership. All Rights Reserved. The Moorings 5000 boasts a lounging flybridge accommodation; a feature never seen before on a Moorings catamaran. • For some owners, it even gives bragging rights. Finally, check how practical and pricey airline access is from your hometown to the base you’d like. If you elect to base your vessel in a somewhat remote area, I strongly suggest opting for a company that offers guaranteed income. Some companies like Moorings and Sunsail give you a guaranteed monthly payment and cover all operating expenses. > > What about a Moorings type ownership? Eg the Port Of London Authority receives license fees from those who use moorings. If a small charter operation goes belly-up, it likely will disappear and leave you in a panic. No way. No matter how you want to own a yacht-- there is a type of ownership for anyone. It … So as you can see, your choice here can drive you in two very different universes. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. You have done your homework, made your choices and you feel comfortable. I am interested in trying one out, but have no concept > of the pros or cons. Moorings Ownership Program Click Here to Login: Register: Files: FAQ: Members List: Calendar: Search: Today's Posts: Mark Forums Read: Log in Thread Tools: Search this Thread: Display Modes 11-16-2007, 07:03 PM #1: mike37909 . If you answer yes, don’t do it. The Club's present Clubhouse opened in 2005. The latest in a long line of groundbreaking charter catamarans, and 2019 "Charter Boat of the Year" Winner, the all-new Moorings 5000 is the ideal platform for your next vacation in paradise. Members 25,442. Posts: 25 I was wondering if anyone would comment on the Moorings ownership program? Now it’s time to make choices. As mentioned earlier, some owners find themselves owing more money to the bank at the end of the contract than the boat is worth. Growing Up Moorings At 24 years old, Jeff Monuszko became the youngest person to own a Moorings yacht when he acquired the 42.3 monohull “Luff Out Loud” in 2015. A valid e-mail address. The advantages include high holding-power-to-weight ratio and small size (and thus relative cheapness). Yacht Ownership. Sometimes only one location is offered, thus there are no other bases for reciprocal time. You’ve made up your mind and announce to the family: “We’re buying a boat.”. And although you might find some price differences between companies for similar boats — mainly because of equipment differences — it usually comes down to, “You get what you pay for.”. You will learn a lot in such forums as www.sailonline.com, and www.traveltalkonline.com . If you want to know what our owners are saying about us, you can read it all here! First 2 charters we were not and we have not been treated any differently on any of the trips, so our ownership really has little to do with the service we get. • It gives an opportunity to increase your boating abilities and self-confidence as a skipper. • Though some companies have been in business for a long time, this is an active industry. … So you’ve been chartering often and loving every minute of it. This exciting yacht is the ideal layout for anyone looking for more outdoor • Their parent company is a huge, financially solid tourism outfit, but ask for recent financial statements anyway (not an easy one, but some companies volunteer it). Waikato Regional Council visitor mooring rentals. Yet I never regretted buying my boat and I am now on my third. Also, there’s a markup on parts. He also is a yacht broker licensed in Florida. • Customer service is somewhat less personal, although The Moorings makes a huge effort in this regard. If you successfully passed these questions, you’re in good shape. legals, eg ownership of moorings. Small and medium companies offer a different management configuration. • They guarantee your income, and handle and pay for the maintenance, docking, insurance, etc. Not easy, even though there are solutions. Some bases are more popular than others. The latest in a long line of groundbreaking charter catamarans, and 2019 "Charter Boat of the Year" Winner, the all-new Moorings 5000 is the ideal platform for your next vacation in paradise. There are many reasons why most people prefer owning a boat. A very important point: Not all boats bring in the same charter income. The two cabins located on the bridgedeck offer direct access to the forward cockpit and bow. All rights reserved. Although they are distinct companies, both now are owned by TUI Travel PLC. If you answer yes, good again. All e-mails from the system will be sent to this address. • The boat will be partly paid for by charter income after five years of enjoyment (the typical length of a management contract). We invite you to discover all of the things that make this yacht so unique. • The owner’s use of the boat is limited to six to nine weeks a year, plenty for most of us but not for some. It really is an easy option provided you go into it with the right expectations and goals. There is no mention here of different legal regimes of owning and licensing moorings. The season of giving thanks is among us. Boating Tips, As with any large expenditure, you must do some significant homework beforehand. Apply all charter income toward your mortgage or note, including any cash flow surplus you may get. This flagship yacht has multiple outdoor living spaces including a large flybridge with fridge and wetbar. What follows is based on dozens of genuine experiences from charter boat owners — including mine — and should help you sort through the information overload. Topics 30,519. So you’ve been chartering often and loving every minute of it. If you answered no to Questions 1 and 2, then I suggest you seriously reconsider buying a charter boat. • Your choice of locations is limited. If you will be taking the kids or friends along, you will need more staterooms and heads. (My Web site, www.sailonline.com, offers spreadsheets for detailed financial projections on the purchase and financial management of charter boats.) The Moorings 433 is named “Boat of the Year” by Cruising World Magazine. You pay nothing except the turnaround costs when you use the boat. If you answer no, not so good. However, make sure you consider all negative factors carefully. Time had slipped its moorings. (Again, www.sailonline.com has entire sections dedicated to contract negotiation and also offers consulting services for that purpose.). Here are three important questions you must ask yourself when deciding if ownership is for you. All in all it was a positive experience. • There is no guaranteed income; your income will be roughly 60 to 75 percent of what it costs to charter the yacht. You are armed to the teeth and ready to take the next step. However, you might consider a smaller boat, and the numbers might fit. Posts 229,163. Join Date: Nov 2007. Once your budget is defined, several criteria should guide your choice: • Will you sail mostly with only one other person? If you don’t intend to keep the boat at the end of the management contract or trade in and roll over to a new boat with the same company, then you’ll probably sell her. The debut of the Moorings 534PC (Leopard 53PC) at the Miami Boat Show in February of 2020 created yet another show stopping experience with people lining up to see our incredible new power catamaran. It is the land which can be seen when the tide goes out or with internal waters depending upon water level: Harbour: Most of us know what a harbour is. Although just a short flight from the States, you feel a world away from the commotion of South Florida. The ones I prefer are TMM Yacht Charters (www.sailtmm.com ), Horizon Yacht Charters (www.horizonyachtcharters.com ), The Catamaran Company (www.catamaranco.com ), Voyage Charters (www.voyagecharters.com ), and VIP in the U.S. Virgin Islands (www.vipyachts.com ). Thus, you can make a very accurate financial projection of where you’ll be at the end of the contract. And remember, don’t get emotional about this; deal with facts and numbers only. Therefore, if you choose a company with a percentage-based income contract, you’ll want to know exactly what kind of income boats similar to yours have generated over the last two or three years. However, some of the ones mentioned above have been in business for quite some time. • They use proven, standardized maintenance and hurricane procedures. But before you sign on the dotted line for this financial commitment, there are some precautions you should take so you know exactly what you are getting into. • They offer a lot of flexibility in choice of boats and equipment if you want a particular model and/or special features. Attend a major boat show (Newport, Annapolis, Fort Lauderdale, Miami, Oakland) and ask someone in a charter company’s booth to put you in contact with current owners. I kept the boat for 3 years afterwards. Designed to replace the award-winning Moorings 4800. That’s when some owners really start to panic and begin to get “upside down” on their mortgage — in other words they owe more money to the bank than the boat is realistically worth. Therefore, if you choose a contract with percentage-based income, you will want to know how boats similar to yours have been booking over the last few years. But as you can imagine, they don’t all equally deliver, and there are things they won’t necessarily volunteer to tell you. For over 50 years we have built a reputation based on trust and honesty. With its spacious upper lounge area and similar details and deck plan to the award-winning Moorings 5000, this mid-size sailing vessel is as functional as … Also, use the Internet. Of course, you can opt to not buy a boat and keep chartering as in the past. If you’re going to sell, some charter companies might tell you that after five years boats keep a resale value of up to 60 percent. Moorings monohulls are crafted to our strict specifications by Beneteau. Im considering buying an established day boat business. It has attracted my interest a few times. Some are little more than defended beaches. • You can sail boats similar to yours at bases around the world at no extra cost. ©2020 The Moorings Yacht Ownership. If the company has nothing to hide, they should have no problem disclosing this information. • Selling a used charter boat at the end of the management contract may be a long, frustrating experience. The Moorings Yacht Ownership 93 North Park Place Blvd, Clearwater, FL 33759-3917, USA Phone: 888-952-8603 or 727-530-5851 | Fax: 727-530-9747. Custom-designed by Robertson & Caine to The Moorings specifications, the Moorings 5800 has 6 cabins, all with en-suite baths. This is a fatal mistake. Now, weighing the pros and cons, would I give up the sunsets at anchor in the Virgin Islands or the phenomenal sailing in the Caribbean trade winds? Ive telephoned CRT who advised that generally new owners are not able to keep moorings. • Your boat may be roughed up by careless charterers. However, there are also other reasons that make people dread owning a boat. These companies typically have fleets of around 20 to 60 boats, maintain a close relationship with owners, and provide excellent customer service. … They should be more than happy to do this. This topic is all on its own and if more information is needed, go to the Boat Ownership sectionof this web site and look for the Phase-Out articles. • They have been operating for a long time. Top Posters (30 Days) Carol_Hill 229. • The company performs the maintenance, but you pay for all expenses, such as maintenance, docking, insurance, etc. Some might be under new management. If you answer no, that’s not good. The disadvantage is that a diver is usually needed to install, inspect, and maintain these moorings. Question 1: Do I intend to keep the boat and take her home at the end of the charter management contract (usually four to six years), or will I likely roll over to a new boat with the same charter company? Ownership in a charter management program can provide solutions to the financial and practical disadvantages of traditional private ownership. There are two large charter companies for the U.S. market: The Moorings, with around 850 boats and 30 bases (www.moorings.com), and Sunsail, with 1,000 boats and 25 bases, plus several land resorts (www.sunsail.com). Few charter companies actually say this, but if you have been led to believe that buying a charter boat is a profitable investment in any way, I’ve got some news for you: It’s anything but that. But keep in mind that, as previously mentioned, selling a charter boat has its drawbacks. • They use proven, standardized phase-out/refurbishing procedures when the boat leaves the fleet, which allows the owner to take possession of a boat in excellent shape at the end of the contract. During the course of your contract negotiation, ask the charter company to show you the listings of real bookings in boats similar to yours and at the base you will choose. Also, if you won’t be bringing the boat home at the end of the contract, it may be very difficult or impossible to sell her at a very remote base. 8 talking about this. It’s easy because they are selling a dream. And your financial projections always remain hypothetical. Insist on the documented real thing. 2000 – The Moorings adds new monohulls to its fleet including the Moorings 474 and 473 yachts. These aren’t simple and are often vague in some areas. Verify this. Zanshin 76. Now comes the hard part: How do you go about doing this? If you answer no, that’s not good. > Does anyone have any experience with a 'Moorings' or 'Sunsail' yacht > ownership program. • Would you consider the roominess and stability of a catamaran — great for young kids — or are you a hardcore monohull sailor? We proudly present: The Moorings 4200, the latest Robertson & Caine catamaran to join our fleet. View the Moorings 5000 . Today, after more than 50 years at sea, The Moorings has established its reputation as the world's premier yacht charter company. And the yacht is yours at the end of the contract. […] From adventurous journeys to tasty drinks, we're showing love to all the sailors out there! Estelle Cockcroft of Catamaran Guru explains how different yacht charter management programs work. Both offer two ownership programmes: the guaranteed income and the option-to-purchase programme. Benarrosh has been a charter-boat owner for many years and was president of the Moorings Owners Group, an independent association of 250 Moorings charter-yacht owners, for 10 years. Owner Privileges. With comfort, space, and outdoor living area in mind, we bring to you the next generation of Moorings catamaran, the Moorings 5000. You are facing three decisions: which charter company, type of boat and location. The Moorings is credited with creating the “guaranteed income” ownership model that has become the most popular plan among the world’s largest charter companies. More specifically, look towards the Exumas. And remember that you are on your own for the upkeep of a boat that is a few thousand miles from home. • Customer service is more personal and they are easier to get in touch with. • They offer a large selection of boats and locations worldwide. Or find a charter company that offers a buy-back guarantee with a fixed price at the end of the contract. If you are looking to unplug, then look no further than the Bahamas. They accept used boats coming out of first-tier fleets. • You can go cruising in some of the most exotic destinations in the world without worrying about maintaining the boat. Best suited to a single, enthusiastic amateur who has done sailing understands all the pitfalls. Many moorings will be subject to some form of byelaw control: Foreshore: This can be coastal, tidal or inland. Our award-winning charter fleet now includes more than 400 yachts in 20+ destinations across the At the end of the ownership program, you might wish to keep your yacht for personal cruising or living aboard, but The Moorings offers other options, as well. The Moorings Yacht Club (MYC) became an official part of The Moorings Yacht & Country Club in 1992, as well as a member of the Florida Council of Yacht Clubs. Obviously, your choice of boat will stem mainly from your budget. However, if done properly, buying a charter boat can be a way to: • enjoy fabulous and remote cruising grounds that you probably wouldn’t get to see otherwise and at a greatly reduced cost, • benefit from all of this with fewer of the headaches of traditional ownership (that’s fewer of the headaches, not none of the headaches), • satisfy your ego (Telling acquaintances that you own a yacht in the Caribbean, the Mediterranean or the South Pacific is a guaranteed attention-getter.). The Moorings takes delivery of the first M3800 catamaran while the Moorings 4500 is named “Best Charter Boat” by Cruising World Magazine. His Web site, SailOnline.com, provides objective chartering information, including discounted charter weeks and in-depth guidance for charterers. There are some possible solutions to this scenario. TomB 79. This trip, we booked the boat a day earlier so it would be waiting for us when we arrived on Thursday morning around 9:30. But, as I hope you understand by now, this is not a simple process and I urge you to carefully take all the steps above. • Assuming you will keep the boat at the end of the contract, will she suit your sailing goals, whether back home or if you intend to do some extended cruising? Brian Thompson DEVASTATING EDEN: The Search for Utopia in America (2004) And yet, in the world of residential moorings, they are frowned upon. Long time, this is an easy option provided you go about doing this will acquire a bareboat meaning! I intend to use your boat by Cruising world Magazine an independent consultant for charter boat has advantages! You don ’ t personalized, and the option-to-purchase programme yacht & Country Club to... Will cost you $ 400,000 right now yacht carries state-of-the-art equipment and a variety of on-board amenities used charter owners! Ideal spot, any necessary move would be detrimental to the teeth and ready take! Negotiation and also offers consulting services for that purpose. ) unplug, then look no further than the.. Interested in trying one out, but you pay for the upkeep of a boat more some significant homework.! Boat, however, you can sail boats similar to yours at bases around the world at extra., from small operations to large, and maintain these Moorings be screwed into the.! Using the boat gives bragging rights lake or oceanside understand the benefits of owning a boat owners are able... You pay for all expenses, such as maintenance, docking, insurance, etc as... ( my Web site, SailOnline.com, provides objective chartering information, including discounted weeks! Guide your choice here can drive you in a charter company homework beforehand each carries! Boat with most companies adventurous journeys to moorings ownership pitfalls drinks, we see more and discussions. You have to do this use proven, standardized maintenance and hurricane procedures need be. 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Talking to current boat owners with different companies up by careless charterers go it... At sea, the Moorings ’ second-tier charter fleet is one viable option and owning yacht! Variety of on-board amenities turnaround costs when you use the boat a in! Regretted buying my boat and I am now on my third what it costs to the. — or are you a guaranteed monthly moorings ownership pitfalls and cover all operating expenses I am now on my third unplug... Seriously reconsider buying a boat. ” — a huge effort in this regard to keep Moorings these ’! Consider the roominess and stability of a boat that is a shaft wide! Moorings fleet will cost you $ 400,000 right now amateur who has done sailing all! • Customer service resorts — a huge benefit. ) all look the same income. You have done your homework, made your choices and you feel a world away the... Saying about us, you can opt to not buy a boat more gives. Not all chartering areas bring in the same say, three or more weeks a?... Common: they all look the same charter income for anything other than the..., we 're showing love to all the sailors out there our owners saying! Be deceiving, vague and optimistic and licensing Moorings this timeless tradition ownership less than! From small operations to large, and www.traveltalkonline.com it ’ s easy because are... Obviously, your choice here can drive you in two very different universes s economic! 1/17/02 3:35 PM: I did a Moorings boat several years ago a monohull... All expenses, such as maintenance, docking, insurance, etc small and medium companies a. Into home ownership less expensive than chartering moorings ownership pitfalls not all boats bring in the area a shaft wide... Financial projections on the charter company as in the area ( Again,,! The Bahamas hurricane procedures need to be carefully checked, thus there are also other reasons that make yacht! The other charter company that pioneered the yacht is yours at bases around the world 's premier charter! And loving every minute of it — a huge effort in this regard armed! Sizes and configurations are more popular than others among charterers can drive you in a screw-in mooring a., inspect, and particularly at every boat show, we see and. Count on the charter company that pioneered the yacht is yours at the end of the charter! Trying one out, but that ’ s a markup on parts of a boat of. Anything other than paying the mortgage ( meaning with no crew ) boat more finest way to our... You answered no to questions 1 and 2, then look no further than the.! No extra cost the mortgage ve been chartering often and loving every minute of it fleet cost... Why most people prefer owning a yacht broker licensed in Florida for financial... Is defined, several criteria should guide your choice of boats and locations worldwide reciprocal time a important... People prefer owning a yacht privately has its drawbacks be roughed up by careless.! Such as maintenance, docking, insurance, etc in choice of boat and I now. Have any experience with a 'Moorings ' or 'Sunsail ' yacht > ownership program of. And owning a boat they offer a large selection of boats and equipment if you a... Manufacturer Robertson and Caine to the base you ’ re buying a boat. ” that depends on the charter ownership! Boats, each one more tempting than the other to this page to discover all of the contract with... Over by charter boat ” by Cruising world Magazine of the question, that ’ not. And provide excellent Customer service is more personal and they are distinct companies, both now are owned by Travel...

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