Why Charter a Yacht Rather Than Buying One


There are many good reasons why lovers of luxury are attracted to yachts. Alongside the comfort and absolute liberty that a private boat offers, there is also a palpable sense of adventure – you never know exactly what to expect when boating, and the experience is always a rewarding one.
 
However, the question is how you can afford to purchase a yacht of your own. You don't have to own your own yacht to do so. It's actually a better idea to just charter a yacht rather than buying one. Remember, owning a yacht is a liability. It takes money away from you, such as expenses, maintenance, and many more.
 
Owning a boat is an expensive outlay, even for high-net-worth individuals. It is estimated that any boat's yearly operating costs approach 10% of its initial value. Add in fuel costs, dockage fees, insurance premiums, maintenance, and crew salaries, and you invariably arrive at an enormous total lifetime cost, even for a small boat.
 
If you don't have that kind of money, it's way better to charter a yacht instead of buying one. In this article, I will explain why chartering a boat is a better solution than buying one. 

No Overhead Expenses.
Remember, purchasing a yacht is not an affordable thing. When you own a yacht, you have to be ready to spend a lot of money to maintain the yacht. For example, the cost of ownership for a 60-foot, $1 million yachts are going to be about 10% of its value or $100,000 per year," said Peter Schmidt, Founder of United Yacht Sales. "You can pretty well estimate that for a later model boat of this size, in the Florida market, your general costs are going to be in that range. This would include things like routine maintenance, repairs, dockage, additional supplies, and the cost of either a professional captain or a yacht manager." To know what you can spend, do the math in reverse: You need to have 55% to 60% of your income available for other needs outside of your yacht.
 
If you are only planning to sail a yacht a few times, it's way better to charter a yacht instead. You don't have to worry about maintaining the yacht. This can be a burden, and you won't enjoy owning the yacht. When you charter a yacht, you don't have to worry about any of these things. You can enjoy the vacation you always wanted.


Captain and Crew Included.
Instead of having to hire your own crew and pay their salaries – whether you set foot on your boat or not – a boat charter lets you simply enjoy the use of your preferred boat, captain and crew included. In fact, you can customize your entire experience based off of your crew expectations.
 
Since Jakarta Yacht Club can leverage existing relationships with specialty crew members, you're able to easily pick and choose additional crew services. For instance, if scuba diving is part of your vacation plan, Jakarta Yacht Club can add a certified diving instructor or divemaster to your crew list, giving you immediate access to the skills and knowledge you need to get the most out the diving experience. In Jakarta Yacht Club, we offer all kinds of services you need for your perfect vacation.


Chartering Can Prepare You for Boat Ownership.
Maybe you're enough of a boating enthusiast to indeed warrant buying your own boat. However, if you don't have extensive experience boating on your own, you may not yet know exactly what type of boat best fits your needs or what amenities you desire most.
 
An investment as significant as a custom boat needs to be made with great attention to detail. There is no better way to accustom yourself to different aspects of boating than by comparing the experiences that chartered boats offer. Then, when the time comes, you'll know exactly what your dream boat will look like. 
 
Jakarta Yacht Club offers many different options of yachts you can choose from. By trying out the yachts we offer, you can experience all kinds of options for the yacht you might be interested in purchasing.


Learn from Boat Experts
Relying on Jakarta Yacht Club is one of the best options for people who are new to boats. Instead of going through the trouble of researching different types of boats and creating a customized itinerary, you can have your entire vacation planned for by a group of highly knowledgeable boat experts who know where the best destinations are and when the best time to visit them is. This also gives you an excellent opportunity to learn about the technical features of today's boats. Discover the exciting details from specialists who have years of experience working with them.


Chartering for Any Budget
If you're interested in chartering a private boat for a vacation but aren't in the six-figure-per-week bracket, you might be surprised to find out that plenty of great options await you. Jakarta Yacht Club has vessels fit to meet any budget. If you pool resources between three couples or families – an ideal number, thanks to the abundance of boats with a three-stateroom layout – you'll be surprised just how affordable a charter vacation can be.

 
Investing Your Money Somewhere Else.
Instead of using your money to purchase a yacht, you can use the money to be invested in the financial instrument available. For example, if you have $1 million, having that money invested in the stock market can generate 5 to 10% from the principle. That’s $50,000 - $100,000 annually! From the return from investing, you can use the dividends to be spent on chartering a yacht.


Ask a Jakarta Yacht Club Broker to Book your Next Vacation Today
I hope this article convinces you to charter rather than purchasing a yacht. Contact a boat charter broker and discover just how rewarding your next vacation, corporate event, or special occasion can be with the help of a state-of-the-art vessel, captain, and crew. Seafaring vessels are plenty, and calendars are often open for week-long and 10-day charters all across Indonesia – find the perfect boat for your destination and begin planning today. Contact Jerome (+62) 878 8522 8039 for more information!

Comments

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