Old as Dirt!
Join Date: Nov 2008
Location: Tampa Bay Area
Thanked 131 Times in 124 Posts
Rep Power: 8
Re: Looking for Sunsail/Moorings Owners Feedback?
I have four individuals interested in the Ownership Program with Sunsail on a new 444 Catamaran. We are attempting to see if the financial numbers would make sense. The spreadsheets provided by Sunsail has indicated that at the end of the 5 year term the owners would have around 64K in equity or profit if we decided to sell the boat. So out of our initial investment of 32K per owner we would get almost half of that back. Also each owner would get approximately one week of use per year for five years depending on season. Can anyone comment as to the validity of the information provided by Sunsail and their experience/satisfaction with the ownership program?
Some friends of ours looked into this alternative at one point several years ago and the Company (Sunsail) was quite willing to give them a listing of other owners/participants in the program (that had agreed to allow others to contact them) they could contact for references. I suspect you might find the same true today by simply asking the Company, eh?
"It is not so much for its beauty that the sea makes a claim upon men's hearts, as for that subtle something, that quality of air, that emanation from the waves, that so wonderfully renews a weary spirit."