Membership versus Ownership

THE MATH

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The average Australian uses their boat 15 - 20 times per year at best. Add or subtract the line items below to establish what your cost of ownership on one of the vessels we operate would be.

The following figures are conservative estimates based on a 6 meter vessel purchased brand new, such as the Flipper 600 ST available to our Club Members;

Cost to purchase boat, outboard, trailer, equipment                      $81,000

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Interest only on loan if financed                                                                           $3,900 

OR              

Interest on $81,000 in a term deposit in lieu of outright vessel purchase    $3,240

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Outboard servicing                     $1750

Dry-stack storage                       $8,160

Vessel registration                       $81

Trailer registration                       $135

Insurance                                      $1,680

Detailing                                       $900

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Equipment replacement            $350

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Depreciation of boat, outboard and trailer @ 5%          $4,050

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Estimated Annual Cost of Ownership for boat in Dry Rack Storage $20,246 PA

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Minimum fixed cost of ownership, Self Storage $12,086 PA

YOUR TIME 

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One other certainty, owners will spend close to equal time on upkeep and getting their boat into the water as they will spend enjoying it!

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Our Boat Club Members save time and money on:

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• Boat ramp queues

• On street trailer parking

• Depreciation from outside storage

• Detailing and cleaning

• Taking vessel for service

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