Sharing vs. OwningThere are four major reasons why the Patriot Boat Club is a wise choice for anyone who wants to spend their recreational time boating.
First, boat owners spend a lot of time getting to the water, while Patriot Boat Club members simply climb aboard and go.
Second, Patriot Boat Club members have no maintenance and repair chores, require no big SUV to haul a boat, no worries of where to store a trailer, no launching and no winter storage hassles, and no worrying about boat safety during storms.
Third, our members save thousands of dollars by combining resources and sharing a boat. The chart to the right is a comparison of the total boat ownership costs incurred by a
typical boat owner over four years to the cost of a four-year membership in Patriot Boat Club.
And finally, and most importantly the motivating factor behind starting the Patriot Boat Club is the benefit to the environment.
|
Common Annual Boating Expenses
|
Typical Boat Owner |
|
Patriot Boat Club |
| Up-front Costs |
|
|
|
| Purchase price
|
$40,000
|
|
0 |
| Tax & title
|
$2,600
|
|
0
|
| Insurance |
$1,600
|
|
0
|
| Electronics |
$950
|
|
0
|
| Other equipment |
$900
|
|
0
|
| Annual Costs
|
|
|
|
| Slip fees ($150 per foot)
|
$3,800
|
|
0
|
| Spring Comissioning & Launch
|
$500
|
|
0
|
| Winter Storage |
$650
|
|
0
|
| Maintenance |
$750
|
|
0
|
| Insurance, excise tax, registration |
$1,800
|
|
0
|
| |
|
|
|
| Total Yearly Cost (over 4 years)
|
$30,000
|
|
0
|
| Total Up-front Cost
|
$46,050
|
|
$14,000
|
| Resale Value of Boat (after 4 years) |
(-)$21,000 |
|
|
| |
|
|
|
| Total 4-Year Cost |
$55,050
|
|
$14,000
|
| Annual Cost of Ownership
|
$13,762
|
|
$3,500
|
| |
|
|
|
| Annual Patriot Savings |
|
|
$10,263
|
| TOTAL 4-YEAR SAVINGS |
|
|
$41,050
|
|
|
Enjoy More
Boating Time
The most commonly sited reason for boat owners to sell their boat is time
constraints rather than financial constraints.
With so little spare time available boaters would like to spend
more time on the water and less time at the dock. By eliminating the
maintenance chores and other responsibilities of boating you'll be able to find more time for boating.
Enjoying the pleasures of
boating won't ever get any simpler than this. Just climb aboard and go!
|
No More
Maintenance!23% of former boat owners reported repairs as the reason for selling boat.
Here are some of the maintenance chores required of boat owners:
• Exterior cleaning
• Varnishing and/or polishing
• Bottom painting
• Winterizing/Covering/Storing
• Oil and filter changes
• Mechanical repairs
• Washing down
• Interior cleaning
|
Save Money
on Boating
The cost of buying a boat is only the beginning of the expenses
associated with boating. Here are some of the other expenses you might
expect if you purchase a boat:
• Launching fees
• Insurance and registration
• Hull maintenance and repairs
• Anti fouling bottom paint
• Accessories (life vests, radio, flares, first aid kit, etc. mandated by US Coast Guard)
• Engine maintenance (oil, parts, labor, etc.)
• Holding tank pump-out
• Slip or mooring rental costs
• Gas and oil
• Storage fees
• Excise tax on boat/trailer
|
Help Protect
Our EnvironmentBoat
sharing greatly reduces the environmental impact of boating through a
strict maintenance regimen as well as proper use and disposal of hazardous
materials and waste.
Here are some of the environmental benefits of boat sharing:
• More fuel-efficient engines
• Less oil and gas spilled into waterways
• Less paint and other chemicals entering waterways
• Less air polluting emissions due to strict maintenance
• Less auto fuel consumption due to elimination of boat trailers
• Less electricity consumed per user
• Proper handling of hazardous marine materials
|
According to a 1999 study by the American Recreation Coalition an estimated 78 million people were involved in boating and used 17 million boats. These numbers are estimated to be much higher today. And according to a document entitled "Factors Related to Recreational Boating Participation in the United States," published by the US Coast Guard, the majority of recreational boating in the US is an average of seventeen days a year and 5 hours per trip.
|
