So what are the alternatives ?

 

For those wanting to take part in “stay on board” cruising activity, on a sailing yacht capable of sleeping 6 to 8 in comfort; and sail coastal and cross channel waters, in safety, from a Solent base the current options are.

 

1z Buy a boat

New Boat – Capital investment typically £80/180,000

Then add maintenance costs; marina mooring fees and insurance

together a likely cost over £6,000+ per annum; then take account of loss

of income on a large capital sum, or the cost of loan repayments on a

substantial marine mortgage lets say another £6,000 per annum, and

finally add another £6,000+ for depreciation and your sailing will cost you

£18/20,000 a year.

 

Used Boat – Probably 10 to 20 years old – capital investment typically

£40/60,000 – secondary marina or club mooring – higher ongoing

maintenance and replacement cost therefore annual commitment still

over £6,000+ with money costs and depreciation you are still looking at

£12,000 year.

 

Budget Boat - Typically 25 to 35 years old – capital investment

£20/35,000 – less accessible club or local authority mooring – ongoing

DIY maintenance carried out by owner yes you may spend plenty of time

on the boat but not necessarily enjoying sailing it ! You might get the

outgoings down to £3,000, but still have £30,000 of capital tied up or

borrowed as a personal loan meaning this figure doubles up so sailing

will still cost around £6,000 a year.

 

2z Charter (hire)

The UK market is split principally between a number of small operators,

chartering mixed fleets of sometimes well used boats on an ad hoc

basis, average week mid season £1,500 and a couple of larger

operators running substantial matched fleets, principally targeting the

corporate event and sail training market.

Holiday Charter – large and small operators located worldwide, but for

comparison a Mediterranean based, average week mid season with

budget airline flights at say £2,500+ per weeks charter.

Therefore just 14 days charter a year is likely to cost £4,000 plus

 

3z Owner Member

A way to make your boat work for you, for further details click the owner member button at the bottom left of this page.