Fractional Vs Ownership
Boomerang Boats alternative to traditional ownership will save you thousands of dollars. When most people consider the advantages of fractional boating programs, the benefits are clear and compelling.
Industry research shows that the average boater uses their boat about 31 days per year. Although time spent per outing varies by region, 6.5 hours is the average amount of time a boater spend on the water during each trip.
The financial benefits of a Boomerang Boats membership, when compared with a traditional boat purchase are overwhelmingly clear. When you take into account the first year cost and the on going annual costs, most people will save about 60% during the first 5 years. Take a quick look at the financial comparison of our fractional program and traditional boat ownership and find out why people are discovering the benefit of shared boating.
Fractional vs Ownership Cost Comparison
Boomerang Boats Membership
Traditional Boat Ownership
- $1,000 - Membership Initiation Fee
- $1,500 - Refundable Security Deposit
- $475 - Average Monthly Share
- $17,000 to $34,000 - 20% Down Payment
- $580 - $1,500 - Boat Loan Payment
- $150 - $450 - Slip Fees
- $50 - $100 - Insurance Fees
- $200 - $500 - Maintenance Fees
- $50 - $150 - Monthly cost of Annual Service
Your total out of pocket during the first year is about $8,200 and second year would be about $5,700.
Your total out of pocket during the first year is about $29,360 and second year would be about $12,360.
Now when you factor in the per use cost of fractional program compared to traditional ownership the financial benefits are clear. That's a savings worth considering! Call us today at 877-808-2628 and find out why fiscally responsible boaters just like you are opting for shared boating programs. Click here to get started and reserve your spot today.
|Do you already own a boat? How would you like to reduce your expenses, we have a program for you too. |