If you’re like many, you’ve already determined that ownership of a vessel is a dream. You’ve also realised that owning it outright is too expensive and difficult. You may already be interested in a boat share in Sydney, which means you’re focused on finding something and agreeing to the terms. The first step is to determine how the ship is owned. You may get to meet the other owners at least once, which means you can talk to them and get an idea of how they are. Make sure that everyone gets an equal part of the ship. Many syndications do an eight-part sharing system, which means each person gets about 45 days of usage.
With a boat share in Sydney, you should also consider who maintains/repairs the boat and how all the other costs are split. For example, your ship will require insurance and will need a place to float when not in use. This costs money, and the management company should split the costs evenly between all owners. You should also ensure that you only pay for the fuel you use and that it is not added up and divided equally. You may head to the middle of the harbour and float rather than use fuel the entire time.
At Luxury Boat Syndicates, they realise that you have a dream and want to own a ship. They also know how tough it can be, so they created their syndicate program to make things easier. Everything is fair and easy with their online scheduler, which means you never have to worry that you’re paying more than others. They have a variety of boats from which to choose, which means you never have to settle for something you don’t want, ensuring that their boat share program in Sydney is ideal.