Making the Best Choice for your Marine Adventures: buy or charter ?
The allure of the open water, the gentle movement of the waves, and the freedom to explore hidden niches or traverse vast oceans are why people are drawn to yachting. Whether you are looking for a weekend getaway, a Mediterranean adventure or planning to travel the high seas, the decision whether to buy or charter a yacht requires careful consideration.
The Case for Buying is strongest for those with a deep rooted passion for the sea, and envisage spending a significant time afloat.
Ownership offers the freedom and flexibility to set sail wherever and whenever it suits you. Without the need to make advance reservations, you have full control over when and for how long you go, and how you spend your time on the water.
While the initial investment in purchasing a boat may seem daunting, it can prove to be a more cost-effective option over time. You can avoid paying rental fees and spread the costs of ownership over a period of time, and enjoy long-term savings. Boats hold their value relatively well, but this depends on the condition and type of vessel.Well-maintained vessels and certain models are highly sought after, so they can become an appreciating investment.
If you like the idea of customising the style, amenities and accessories of your vessel, you can tailor it to maximise your enjoyment of your marine adventures. It’s wonderful to be able to create a vessel that reflects your personality and meets your specific needs.
The Case for Chartering is strongest if you want to avoid a large upfront investment and enjoy the variety of options available
Renting a boat eliminates the need for a substantial initial investment and suits those occasional sailors who may be less sure about their long-term commitment to sailing. It also eliminates the responsibility of additional costs of ownership, such as maintenance and storage, and the time involved in managing your vessel.
Choosing the rental option allows you to experience a wide range of boats. Whether you’ve a taste for cruisingon a yacht, a fishing adventure, watersports or are simply looking for a family holiday, charter brokers can offer a diverse selection of boats and suitable crews to choose from.
The convenience of chartering a boat cannot be denied. With rental services available at marinas, waterfront resorts, and recreational areas, sailors can simply show up, hop onboard, and set sail!
Making the Decision
Whether to buy or rent a boat is largely down to personal preferences, lifestyle and financial considerations. Avid sailors who prefer freedom and autonomy may be willing to invest both time and money in a vessel, its maintenance and upkeep. Occasional sailors however, or those looking to expend the minimum of effort prior to their marine vacation, will see renting as the most convenient and cost-effective solution.
If you are still uncertain about your long term goals and suitability for ownership, then perhaps charter a boat to test the water and see what suits you best. Whichever route you take you will be sure to enjoy the thrill of sailing and the fabulous memories your time on board will create.
