The Advantages of Fractional Boat Ownership Over Sole Ownership

The idea of having a boat that you can take out for fishing trips with mates, spend a few days on during a family holiday or to entertain corporate guests is something that many dream of but sadly few achieve. There are several things that usually stand in the way such as time, money and storage, which is why those ‘many’ are now considering fractional boat ownership.

What is fractional boat ownership? As the name suggests you own a share in a boat, similar to time share of property, which allocates you time annually for the use of the boat.

What are the advantages?

Investment

Generally the cost of purchasing a boat is enough to stop most people from being able to attain their dream, however with fractional boat ownership a small investment gives you a share of a much larger boat that would not normally be possible through sole ownership. Additionally you can buy a share in more than one boat giving you a lot of flexibility should you want a yacht for holidays and a power boat for fishing.

Maintenance

Caring for a boat to keep it in tip-top sea worthy condition is very time consuming and if not carried out regularly and correctly can lead to a lot of damage to your boat which will means costly repairs before you can take it back out onto the water. With fractional boat ownership the maintenance is all handled by the management company, you never have to worry.

Walk On – Walk Off

Imagine just turning up at the dock, your boat is sparkling clean, the beds have fresh linen on them and all you have to do is unpack your personal belongings, food and drink and you are ready to go? Another thing taken care of by the management company – you simply walk on, start your holiday or fishing trip and then at the end of the day you simply walk off again.

Transport and Storage

One of the more obvious problems with owning a boat is storing it when not in use. Yes you can berth it at the local marina but the cost of this alone can be very prohibitive the other option is to keep it at your place of residence however this means you a) have to have the space available and b) have to transport your boat to the water every time you want to take it out. With fractional boat ownership you never have to worry about this, you boat will always be docked and ready when you want to take it out.

Ownaship is a New Zealand company with a new and excitingly different concept of actual boat ownership at a fraction of the cost of sole boat ownership. Research indicates that the average boat owner does not use his boat more than 33 days in any one year, but the expenses of owning / maintaining the boat are endless. Ownaship lets you own a share in a boat, so you don’t have to pay the full amount, and you never have to clean or maintain it. Peace of mind is assured because we are the only New Zealand fractional boat ownership company with a fully approved Prospectus from the New Zealand Securities Commission for your legal protection.

Article Source: http://EzineArticles.com/?expert=Lachlan_Wilkinson

http://EzineArticles.com/?The-Advantages-of-Fractional-Boat-Ownership-Over-Sole-Ownership&id=6590145