Join Date: Mar 2010
Location: York, PA
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Marinas on Chesapeake lowering slip rates due to bad ecomony!!!
It is that time of the year again – time to renew my annual slip rental.
The good news is that after checking the prices of marinas (slips) in the mid to upper Chesapeake Bay –slip rates have not gone up and is some cases – they have gone down from last year!!!!
The Chesapeake Bay has the highest number of marinas anywhere is the world. With the downturn in the global economy, the sailing community has never been in the driver’s seat in regard to inexpensive places to dock our boats!
My marine engine mechanic gets around to marinas in Annapolis, Middle River, Eastern Shore and Baltimore Harbor, and he says that even a high-end “Gucci” yard in Oxford is "discounting" slips!
The down economy is hurting recreational boating - if millions of houses are in foreclosure – the boating industry is in much worse trouble! The big high-end marinas have big high-end debt! So DO NOT be afraid to ask for a lower slip rate – chances are the marina will agree to a lower slip rate.
If they will not lower their slip rate – move elsewhere – my mechanic said that many of the yards in Anne Arundel County, Baltimore city and on the Eastern Shore have large vacancies or boaters not paying slip fees and walking away from their boats, so they will be more than willing to agree to lower slip rates.
The Chesapeake Bay is not California - where they still have waiting lists for slips! I have found that slips are running from a low of $875.00 for a yearly slip for a small – say -22’ center- board sailboat to $2,000.00 for a large slip to accommodate up to a 45’ sailboat, with an average of about $1,875.00 for a 30’ sailboat. Paying more is a waste of money -the money saved on lower slip fees can be spent on Rum and other important marine supplies!
Walter- Catalina 30 - Baltimore
Last edited by walterzoy; 01-23-2011 at 11:35 PM.