[plupumbl0ck1978]

The boats are typically priced fully equipped, delivered to the charter base and ready for charter so there are no more out-of-pocket or surprise expenses for the buyer after the initial deposit. The program is structured so that after that deposit, the charter company pays for all the expenses including, insurance, dockage, maintenance and general operating expenses. The owner pays literally ZERO for the entire duration of the program. The guaranteed payment, which is made monthly, typically amounts to more or less 9% annually of the boat initial value. It is enough to cover a typical mortgage payment, making the entire proposition cash-neutral for the duration of the program. The term varies from 54 to 66 months, so the longer the term, the more guaranteed income you will receive as a whole.
This is an important consideration when shopping companies or comparing programs. While the boat is in service, the owners will have exchange privileges allowing them to sail on a similar boat at any of the companies bases worldwide. While there is no charge for the actual charter, be aware that there are fees that will need to be paid, such as cleaning or turn around costs, diesel, water and ice etc, aka Turnaround fees. So familiarize yourself with the exact fee structure with various companies.

[Martian]

The two most popular programs are the Guaranteed Income program and the Performance (aka Income Sharing or Variable income) program that, in all probability, are the two options that you will be presented with across the entire industry.

[sunny256]

There are three options once the program has ended: private use, place the yacht in a second tier charter operation for another 5 years, or sell the boat. In some cases the charter company will trade the boat in, or alternatively assist the buyer to sell the boat and upgrade to a new boat back into the program. Again this is a subject that needs to be addressed on its own, contact catamaranguru.com and sailonline.com for more information. more

[jeriellsworth]

In many industries the above questions would be rather simple to answer. However, in the yachting industry answering these questions with anything else other than “It depends..” requires us to get into a great level of details. At the very least, we need to get into the specifics of the size segment you choose, the primary geographic area and the yacht charter business model that you intend to implement.

[trellend]

When we get to the motor yacht part of the charter business the ‘game’ gets a little more complicated, but don’t panic we can help here to feel free to pick our brain and contact us more

[pharaon]

Some more marketing savvy owners also use more established non-specific platforms like Airbnb.com to sell as much as possible. If you are serious about marketing your charter service or vessels, we certainly recommend not to underestimate the value of a well optimised (SEO-friendly) and attractive website. Marketing to sell the experience of boat/yacht charter as TheYachtWeek.com has successfully done, rather than the mere temporary use of the asset can be a good idea depending on the target market one is looking to reach.

[KristofN1]

THE BUSINESS: Charter yacht ownership has been used for decades to give boat buyers a way to offset the costs of ownership and deriving substantial tax benefits from operating their yacht as a business. It’s not difficult, but does require specific activities on your part and tax and documentation compliance to qualify.

[ashley01]

There are so many benefits to charter yacht ownership, you owe it to yourself to explore. more

[riggasconi]

There is a lot of misinformation out there and claims about running a yacht as a business, especially around interpretations about running a business and the IRS. Like any business, your intent is to make a profit, and you can before depreciation. And there are plenty of programs that will fit your goals of having the boat you want. You can choose companies to mange your boat, and do bareboat or skippered charters, event charters or any creative ways you are making business happen.

[vorale87]

Keep in mind, the service and maintenance of a yacht is expensive but also a primary factor in whether or not your yacht will continue to retain value or even exceed value. Since routine refittings and redesigns are often unavoidable and cost up to 10 percent of your yacht’s value each year, this option offers you the added benefit of maximizing profits as well as your enjoyment each time you decide to set sail on another vacation. more

[davout]

Welcome to the yachting lifestyle.

[Zeerover]

Yes, owning a yacht for charter can be profitable but owning a yacht will rarely “pay for itself.” Chartering your yacht presents some unique benefits that can lead to opportunities to make a profit off of your investment in a myriad of ways, including offsetting the cost of owning a yacht, selling your yacht for a profit, and even making a profit (if you’re among the lucky few who have the know-how and the right vessel).

[Tim]

One of the greatest benefits of chartering your yacht is making some money from your investment when you’re not using it. It’s a simple way to offset the cost of something that would otherwise sit and cost money. It also gives you more to work with as far as keeping the yacht up to date.