Wait, why does it costs so much to own a boat?
It’s been said that the cheapest part of boat ownership is the cost of purchase. While that may be a slight exaggeration, the ongoing costs of owning a boat that follow the day of purchase can be intense and can fluctuate with market conditions over time.
The hidden costs of boat ownership
- Slip or dry stack fees
- Winter storage
- Registration, Safety Training, Licensing
- Routine Maintenance
- Towing costs (if applicable)
- Annual Haul out
- Unexpected problems that (hopefully never) come up
- Upgrades and Add-ons
- Owners stay in control – The boat owner is in complete control of all the details including: dates, prices, captains upfront and then has the final right of approval for any proposed trip.
- Captains to handle to the boat charter – Experienced captains can be at the helm, handling all the safety protocols needed and ensuring that the boat is returned after charter in the same condition it left in.
- Full Hull Value Insurance – The value of your boat is insured while out on charter period. Accidents rarely happen; but if one did occur…you’re covered.