Stanley Yacht Services: Divvying Up The Yacht Is Fractional Ownership Right For You?

Monday, February 16, 2015

Divvying Up The Yacht
Is Fractional Ownership Right For You?

Just a few of the yachts for sale at last year's
Fort Lauderdale International Boat Show
As we walked the plank dock at the Miami Yacht & Brokerage Show yesterday, we marveled once again at the number and variety of beautiful yachts for sale and/or charter. Our cursory inspections of several listed vessels left us wondering, "Why is this beauty still on the market?" Of course, we know the answer: In the absence of subjective limitations such as design, the number one obstacle to yacht ownership is usually the price tag.

Let's face it, taking sole ownership of a luxury yacht is no small feat. Between the initial outlay and the subsequent cost of maintenance (some industry veterans suggest an annual expense of as much as a third of the purchase price), no matter how great a deal you got at the boat show, you're looking at signing lots of checks with lots of zeroes. That thought alone can be off-putting for many. Which begs the question: Is fractional ownership right for you? If you're not familiar with the concept, read on ...
Buying a Yacht: Has Fractional Ownership Found its Niche?
So what do you think? Would you be willing to invest in a "time share" yacht or would you prefer to own it outright? Let us know your thoughts in the comments below and remember, whichever method you choose, we're here to keep your boat afloat!

For smooth sailing and zero stress ... call SYS!

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