Timeshare Vs Boat Share

Pleasure Cruising offers a luxury boat membership which is a yearly arrangement. It's a great way to get into luxury boating without costing the earth. There is no long term commitment and at the end of one year our members can elect not to renew their membership and walk away. There is flexibility to book our Luxury Boats when you want to via our internet reservation system

A boat share or boat syndication is a long term arrangement where you buy a percentage of the boat. There is no exit strategy in a boat share agreement and a yearly substantial levy is charged which can vary as a result of damage or unforeseen circumstances. You are responsible for paying for damage caused by other boat share users and there is an unlimited financial exposure. Also under a boat share or boat syndication arrangement you have to book your reservations yearly in advance and there is limited flexibility with cancellations do to bad weather.. At the end of the boat share arrangement the exit costs could be huge because of the massive depreciation of the boat. You may have a substantial outlay to meet the short fall on disposal of the boat.