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Forums > Sailing General

What do you think of shared boating arrangements?

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Created by scottboy > 9 months ago, 26 Apr 2010
scottboy
NSW, 3 posts
26 Apr 2010 1:45PM
Thumbs Up

Hi Guys,

We've been involved in a share arrangement for a while now (4yrs) and have been fortunate to have teamed up with a good crew but in general, do you think they represent a sound investment?

I'd be interested to hear from others - Good or Bad



That said, we're parting with ours - if you know of anyone interested in Sailing but unable to afford the ongoing costs, then we may have a solution....

Please see below snippet we listed in Seabreeze Buy n Sell section today.

This is a private BOAT SHARE between 5 owners. Each owner signs an agreement and ensures maintenance and condition of the Boat is shared. Excellent condition and delightful cruiser, easily handled and with a good turn of speed.





Moored just off Sydney Harbour

Thanks :)

garyk
QLD, 277 posts
26 Apr 2010 3:42PM
Thumbs Up

I dont know much about boat sharing but im sure there would be problems if you wanted to actually go cruising or any sort of lengthy voyage.
Correct me if im wrong!

scottboy
NSW, 3 posts
26 Apr 2010 5:31PM
Thumbs Up

garyk said...

I dont know much about boat sharing but im sure there would be problems if you wanted to actually go cruising or any sort of lengthy voyage.
Correct me if im wrong!


Thanks Gary,

Love the backyard dunny, best I've seen

Yes, you're quite right - We can only go for 2-3 day stints which suits most, we get ours once every two weeks, so it's not that bad but good point!

Cheers
Scott

mike_e
NSW, 71 posts
27 Apr 2010 12:10PM
Thumbs Up


Scottboy,
i am a 1/4 share owner of a young 88 (apporx 30ft). it is a fantastic arrangement as the other guys are more into racing it, so it is often available for my family day cruises & living just 5mins away it is a no-brainer.
We have a "floating fund" - cant call it a sinking fund for a boat ! - where we all put in a couple of hundred each month to cover all costs - this builds up over time to buy sails cover the biger maintenance programmes. We have the occasional working bee days & everyone appreciates the need to leave it clean & tidy after each use. Board meetings are held occasionaly, usually in a balmain pub where we discuss the racing calander, maintenance etc. - it i important someone takes notes, as no one can remember much at the end.
I think it is important that everyone is on the same page with understanding what is expected from each other. I have known these guys for many, many years I have previously co-owned 2 ski boats with 2 of the guys, and raced skiffs & yachts with one of them for about 20 years and one of the others for about 5. we have a lot of sailing miles together under our belts and so a high level of trust between us.
I dont think i would regard a boat as a "sound investment" but our arrangement provides a sensible way to own and keep a boat, without having to tear up too much money.
anyway that is my experience & 20c worth.
cheers



scottboy
NSW, 3 posts
29 Apr 2010 2:50PM
Thumbs Up

Dear Mike,

That is a great post, thank you very much!

And, I'm officially green with envy - your boat looks awesome!!

Thanks again.

Cheers
Scott



mike_e said...


Scottboy,
i am a 1/4 share owner of a young 88 (apporx 30ft). it is a fantastic arrangement as the other guys are more into racing it, so it is often available for my family day cruises & living just 5mins away it is a no-brainer.
We have a "floating fund" - cant call it a sinking fund for a boat ! - where we all put in a couple of hundred each month to cover all costs - this builds up over time to buy sails cover the biger maintenance programmes. We have the occasional working bee days & everyone appreciates the need to leave it clean & tidy after each use. Board meetings are held occasionaly, usually in a balmain pub where we discuss the racing calander, maintenance etc. - it i important someone takes notes, as no one can remember much at the end.
I think it is important that everyone is on the same page with understanding what is expected from each other. I have known these guys for many, many years I have previously co-owned 2 ski boats with 2 of the guys, and raced skiffs & yachts with one of them for about 20 years and one of the others for about 5. we have a lot of sailing miles together under our belts and so a high level of trust between us.
I dont think i would regard a boat as a "sound investment" but our arrangement provides a sensible way to own and keep a boat, without having to tear up too much money.
anyway that is my experience & 20c worth.
cheers








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"What do you think of shared boating arrangements?" started by scottboy