OWNING CHARTER CATAMARANS VERSUS PRIVATE CATAMARANS

Here is a list of pros and cons of owning a charter versus privately owned catamaran.

Pros:

• Costs of ownership are reduced through charter income.



• Sometimes there are additional tax benefits.



• A professional will maintain the catamaran for you. When you are done sailing just walk-away and the boat is cleaned…



• If you only have four weeks of sailing per year or less, consider putting your boat into charter.

Cons:

• The cat will receive additional wear and tear and can depreciate faster than a never-chartered boat.



• Charter clients have been known to damage the catamaran.



• Most bareboat charter companies restrict the equipment you can have aboard.



• You usually must leave the catamaran at the charter base year-round.

Find out the latest for financing a catamaran in the video below. Contact Gary for more information.





Contact Gary Fretz for more tips or information by calling call 001.954.609.6282 or at BigYachts@gmail.com.