Join Date: Oct 2008
Location: Cape Canaveral, FL
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Re: Purchasing a Charter Catamaran from the Moorings
...Do any of them belong to Moorings or are all owned by individuals? Moorings will take possession of a cat if the previous owners upgrade or have the fixed-price sale contract and those models will often be priced more aggressively than their privately owned counterparts.
While I didn't get into this, you've brought up a very good yet, misunderstood point. Most charter boats are owned by private individuals, and are then leased... usually on a 5 year contract, by Moorings or SunSail, or whomever. At the end of the lease it's the owner's boat, and they are responsible for it.
In the past, this has been an excellent offshore investment vehicle. These days, not so much.
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