The ins and outs of owning a timeshare boat
Boating has quickly become one of the fastest growing hobbies in recent times. After all, there’s nothing like getting the family together for some fishing, water skiing, or just a relaxing walk on the water. The question really only comes down to whether owning a boat timeshare is right for you and your needs. If you’ve been wanting a summer on the water without the commitment to buy a boat, consider this helpful information and find out if owning a timeshare boat is right for you and your needs.
How does it work?
A timeshare for a boat works like a timeshare for a luxury condo. Basically, you are paying for the use of the boat during certain times and seasons without having to shell out your hard-earned money to buy one. Similar to a yacht club where you are usually a member of a club, timeshares for boats are different because you don’t have to own your yacht.
Do I need insurance?
Insurance is usually taken care of by the company you buy a boat timeshare from. If you’re not sure if the company you’re looking for will handle insurance, a simple query on their FAQ page will give you the answer.
What else is included in my membership?
There are other great benefits that come along with buying a timeshare. As already mentioned, the use of the boat for periods of time and insurance are included, but most people do not realize that other benefits can include the boat license, maintenance and other great advantages. To see exactly what a company offers, simply check the website for a list of what is included with the purchase of a boat timeshare. If you can’t finalize the information, call and ask.
When can I use the boat?
This depends on the company you are buying from. Some of the really good ones allow you to use it as often as you like, as long as you book the boat at least an hour in advance. This information is also included on the website’s FAQ page. Just check the information you need, and if you can’t find that information, just call the office.
It is expensive?
The price of buying a boat timeshare varies from company to company. What most people tend to agree on when it comes to timeshares, however, is that it is much cheaper than buying a personal boat. When buying a personal boat, you need to factor in costs like license, insurance, maintenance, cleaning, and any other fees that show up here and there. However, when buying a timeshare for a boat, all you have to worry about is paying the membership fees. For some people, the ease and convenience of a timeshare is worth the price of a fun day on the water.
