Hello Again

Boardsnowboarder

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11 May 2006
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Thanks to everyone for the great help I've had so far.

I'm all but booked on the Level 2 powerboat course in early July with Jonno Garton - I'm really looking forward to that.

I'd like to get your opinion on boat shares. I've got a mate who has cottoned on to my retirement from snowboarding plans and wants to boat share with me. Is this a good way to spread the cost of ownership or the best way to fall out with a good mate?

Cheers,

Nick
 
It really depends on how enthusiastic your mate is. Will he want to do the same things as you - wakeboarding, waterskiing etc. If so, then this could be perfect. Have you ever tried waterskiing without a driver? /forums/images/graemlins/smile.gif

Sharing the cost of fuel and servicing is also important. I would suggets that this works well with a) only two people and b) on a speed boat, RIB, or pocket performance cruiser.
 
I think its a good solution if you always want to use the boat together with your mate, I've jointly purchased toys on that basis, including boats. The problem is if you want a boat share but will use it seperately on some sort of rota, cos to be honest there aren't that many really nice sunny and calm weekends and they will all occur on weekends when your mate is using it.
 
Re: Boat Share

Always tricky, sharing but I've done it 3 times in the past. One 1/2 of a sailing Cat cruiser.
One 1/2 of a small fishing boat and then 1/4, soon to become a third of a larger fishing boat.

With function orientated boats, like fishing or skiing, the interest is mutual as the owners want to participate in the sport.

The good points are that you share the expense and the maintenance work / costs. Also you may find that each owner brings different skills to the party, one may be better at mechanics and you may have an interest in electrics or you may even have a dab hand with a varnish brush, this will mean that you can share the jobs easily and fairly.

Problems can arise if you want to go at different times to different places or install equipment that owners can't agree on. The worst can be if circumstances change, like redundancy, babies or you just fall out because someone wants to sell out.

The agreement between all parties has to be clearly understood at the outset and preferably written down including depreciation of value etc.

If you can go it alone, it's far simpler!

My experiences were all good so I guess I was lucky enough to have co-owners that stuck to the agreement.. Good luck if you go that route!
 
Re: Boat Share

If your friend is not as good with the boat as you and is always breaking something! Will you be happy to contribute 50% of the repairs, I was approched to do a boat share but declined and bought one that I could afford alone. What is better 2 people 1 boat or 2 people 2 boats? you decide!
 
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