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Started By
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Fractional Boat Ownership for those of us who lack proper OT Balla status
Posted on 5/31/22 at 8:54 am
Posted on 5/31/22 at 8:54 am
So I was in Costa Rica recently and a friend of mine was explaining that he went in with 5 other guys for a nice cabin cruiser none could afford individually.
Being as this is the OT, does the PropStop have a financing program for this kind of thing?
Being as this is the OT, does the PropStop have a financing program for this kind of thing?
42
Posted on 5/31/22 at 8:54 am to Lsupimp
If it flies, floats or fricks LEASE IT
Posted on 5/31/22 at 8:55 am to Lsupimp
quote:
So I was in Costa Rica recently
Subtle "I've been outside the US" brag.
Posted on 5/31/22 at 8:55 am to Lsupimp
That sounds like a nightmare
Posted on 5/31/22 at 8:56 am to Lsupimp
quote:
he went in with 5 other guys for a nice cabin cruiser none could afford individually.
How does this work? Like joint custody? Is there a calendar where they can reserve certain dates.
If that works for them, have at it. I just feel like I'd rather own something outright or just rent something myself. If I wanted to take the boat out on a spur of the moment trip, I'd hate to have to refer to a calendar to see if it's available.
Posted on 5/31/22 at 8:56 am to Lsupimp
Unless you and everyone else involved are very experienced boat owners who you trust a great deal, run far the frick away.
Boats are my thing. I would never go into partial ownership of one with anyone outside of about 4 people.
Boats are my thing. I would never go into partial ownership of one with anyone outside of about 4 people.
Posted on 5/31/22 at 8:58 am to Lsupimp
So, a timeshare
Posted on 5/31/22 at 9:00 am to DownshiftAndFloorIt
I think it is the depth of the friendship that makes it work.
Posted on 5/31/22 at 9:02 am to Lsupimp
I owned a boat with my sister once - when it was out one day, one of the engines got fricked up and needed a rebuild. It was a struggle figuring out who had to pay for the repair. I can't imagine trying this with a bunch of buddies.
Posted on 5/31/22 at 9:02 am to DownshiftAndFloorIt
quote:
Boats are my thing. I would never go into partial ownership of one with anyone outside of about 4 people.
By 4 people, I assume you already know the 4. I wouldn't own a rowboat with some rando.
Posted on 5/31/22 at 9:15 am to Ed Osteen
Several of those guys are going to realize quick they don’t use this boat near enough to justify the cost of maintenance and repairs from the others using it.
This post was edited on 5/31/22 at 9:15 am
Posted on 5/31/22 at 9:17 am to Benjamin Ryan
Yes. I know 4 very specific people who I could trust to not destroy it, do their share of maintenance, be there when we had to move it for a hurricane, etc etc.
It can be done. Many do it. It will ruin any but the strongest friendship.
It can be done. Many do it. It will ruin any but the strongest friendship.
Posted on 5/31/22 at 9:17 am to Lsupimp
Sounds like an abject disaster.
Posted on 5/31/22 at 9:19 am to Lsupimp
That sounds legit like a terrible idea
Posted on 5/31/22 at 9:19 am to Lsupimp
I would only consider this if it was a group of close friends that I fish with a lot where we would all agree to take the boat out together
I’m not paying for repairs when the other guy takes it out alone and his dumbass fricks the boat up
I’m not paying for repairs when the other guy takes it out alone and his dumbass fricks the boat up
Posted on 5/31/22 at 9:19 am to VolsOut4Harambe
Those boat subscription services sound less stressful (though I doubt you can get them for higher end boats).
Posted on 5/31/22 at 9:30 am to Lsupimp
Maybe if a company is providing some sort of monthly or weekly maintenance. Cannot rely on other people for this. shite constantly breaks and needs maintenance on a boat. Like every time you use it.
Posted on 5/31/22 at 9:38 am to Lsupimp
Your friend has a lot of disappointment ahead
Posted on 5/31/22 at 9:40 am to Lsupimp
quote:
a friend of mine was explaining that he went in with 5 other guys for a nice cabin cruiser none could afford individually.
Sounds like a terrible idea.
Posted on 5/31/22 at 9:42 am to Lsupimp
where is boat kept?
local to where they live?
is it trailered?
Where is it used?
local to where they live?
is it trailered?
Where is it used?
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