Join Date: Jan 2002
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Lake Champlain Charter
Last week I spoke to a very nice gentleman (Pete I think) at Lost Cove. He has created an interesting "time share" approuch to boat ownership. I think I understand his deal as follows:
You buy 14 days of use (1 owner's share) on a new Tarten 3400 for $5,000-. You then try to reserve sailing time on a first come/first serve basis over the course of the season.
I would assume you need to share the "choice" dates among the other owners (there could be up to 14 in total). I would also imagine that getting time in full week increments would be effected by the high demand for weekend use.
If I lived in the area and had the flexibility to use this boat for a few days at a clip, spread over the course of the season, the arrangement could be quite nice, (except I know I would miss the fixing, tinkering, hassle and general pride of boat ownership).
In my case, a one-time 7 day charter deal is really all I need.
Thanks again for your help.