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Go Back   SailNet Community > On Board > Boat Review and Purchase Forum
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  #11  
Old 06-05-2014
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Re: Buy? Or Charter?

Quote:
Originally Posted by Švejk View Post
Additionally, the experience of maintaining a boat would be a bonus. I spent many a weekend bench wrenching my BMW airhead so I don't mind getting my hands dirty.

Is there anything I'm missing? Any words of wisdom?
If you enjoy the zen of motorcycle maintenance you may also enjoy boat work. The expense beyond initial purchase is getting everything ship shape as you get to know your boat and rig it the way you want it. Boat bucks are C notes. Although everything need not be perfect to be safe.

I feel very satisfied sailing a boat I know stem to stern as apposed to the slight unsettled feeling of sailing a charter that I've casually inspected before setting sail.

Like riding your Bimmer in the wind, sailing your own boat may give you a similar feeling of freedom and exhilaration that a charter lacks.

Like driving someones Z3, it's a gas, but you have to give it back.
-CH
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  #12  
Old 06-06-2014
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Re: Buy? Or Charter?

It would appear I'm going boat shopping. Great replies as always. Thanks!
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Old 06-06-2014
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Re: Buy? Or Charter?

Someone that knows their mind and makes a decision. I like that!

Good Luck on your shopping, let us know how it is going. Size?
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Old 06-06-2014
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Re: Buy? Or Charter?

i have owned a few boats in the 250K and up range - all used. My experience has been for insurance slip fees, upkeep, haul out, fixing things, etc, etc and i can do a fair bit myself is about 7% of the purchase price per year. This excludes any finance costs, it is just upkeep and operating costs on mid size cruising boats on an annual basis. i also did a year in a sail time competitor - it was a pain scheduling slots, and the fact that you could not leave your stuff on the boat - it never felt like our boat. prior to that we chartered a lot of places probably 12 to 15 times - bottom line owning our own boat is much better - we have a boat we like, it sails well, it is enjoyable learning all of the systems in detail and fixing stuff, plus it is ours we can go where and when we want. it is probably more expensive than chartering for 4 or 5 weeks a year, but it is a life style choice, and we sail for more than 5 weeks a year. my recommendation would be to charter several different boats so you get an idea of what you want in boat plus make sure you want to spend a couple of months a year on a boat before you buy.
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Old 06-07-2014
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Re: Buy? Or Charter?

Buy small for daysailing and weekending. Minimum size you need to be comfortable for a full day and occasional overnight.

Then charter big for when you want to go out for a week at a time.

You get the best of both worlds.
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Old 06-07-2014
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Re: Buy? Or Charter?

In my experience, sailing clubs and group ownership are the cheapest ways to go.

A friend is in a group of geezers that hardy ever use the boat so he gets it pretty well whenever he wants for a fraction of the cost. He manages the boat in return for the extra time.

If you can find a deal like that, it's the best possible outcome.

Owning a boat is the most expensive route by far unless you use it a LOT.
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