book2sail-advanatges of a yacht charter 1

Chartering vs owning a boat

Most people would love to own a boat, but they can be quite expensive. Some boats can, however, offer a touch of luxury that most people can actually afford, so should you consider chartering or owning one? Chartering a boat can be almost as rewarding as owning one, but then you are not always guaranteed to get the precise boat you want, so what can you do? Do you buy a boat and hope you can take it out enough to get your money’s worth, or do you charter one and dream that one day it will be yours?

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book2sail-Lady Sara SRD 5000

Source: Fraser Yachts

There are benefits to owning a boat, and chartering one so here we take a look at the pros and cons of chartering vs. owning, and be that little bit closer to making the right decision for you:

The Pros & Cons:

  • The pros of renting

One of the most obvious pros of renting a boat is that you don’t have to pay a lot of money for it. You can simply pay the chartering fee, and the deposit, without it breaking the bank.

Another benefit of renting is if you’re new to boating, you can try your hand at sailing before you commit to buying a boat. If you find that boating is not for you, at least you don’t have a boat worth hundreds of thousands of dollars to sell.

  • The pros of owning

One of the pros of owning a boat is the pride and satisfaction that comes with it. A boat that you own outright belongs to you, and you can ultimately do with it as you please. This means you may not be limited to where you take your boat, or how many people that sail with you.

fastest yachts

Your boat will be ready and available when you want to head out onto the water. This is one of the best things about owning a boat: if you want to set sail, you can. There are no limits (Weather permitting), meaning if you have a long weekend off, you can head on out, without having to hope there might be a boat to spare.

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Source: pexels.com/@andre-furtado

  • The cons of renting

One of the downsides of renting a boat is that you may end up paying more for it in the long run. This is because boat charter charges can add up, but this may be a risk that you’re willing to take.

  •  The cons of owning

You have to take all of your gear with you, whether it’s fishing equipment, or skis, plus all of your food, clothes, and anything else that you want to take away with you. This could potentially make transporting your things to your boat quite a cumbersome affair.

As you can see, there are some good reasons why you should buy a boat and some equally good reasons why you should charter one instead. Think about how many times you’re going to use a boat, how much you can afford to pay for one, and then weigh up the pros and cons, so you make the right decision.

Frequently asked questions

  • 1
    What are some of the key preparations I should consider prior to my yacht charter?
    • Travel Documentation

      Always ensure you have some form of acceptable identification, in legible condition and valid.

      Medication

      Double check that both you and other individuals in your group remember to bring important medications that you are currently being prescribed, accounting for the amount of time you will be at sea.

      Money & Additional expenses

      It would be prudent to budget for slightly over what you anticipate spending. Charter related expenses will be made known, however you never know whether you will need something once travelling.

      Research

      Set aside some time look up the areas you intend on visiting, both whilst chartering (as part of your anticipated itinerary) and whilst travelling to the location at which you will begin your charter.

      Supplies

      As with any journey or holiday, ensure you have adequate toiletries, perhaps some favored foods and snacks.

      Clothing

      Bring the types of clothing that will, in your estimation, suit the weather conditions of the location in which you will be chartering. It may be handy to spend some time researching a few sailing blogs and weather forecasts.

      Equipment

      All necessary equipment should be found already aboard (including safety equipment and anything required to properly operate the vessel. Though you may like to bring a few extra mod-cons to ensure you have the best of experiences.

  • 2
    What is the best way to choose the right vessel and charter for me?
    • Choosing the best vessel for you and those joining you on your yacht charter, would be dependent on your personal preference. Though we recommend considering the following points:

      • Your level of experience
      • Where you will be chartering
      • The time of year and associated weather conditions
      • The ages and competence of both yourself and those in your group

      It would be very helpful for you to conduct some basic research pertaining to all of the above, by way of asking those who you know have chartered the type of vessel or been to the location you are considering, before. Yacht charter blogs and other relevant websites that will offer you an understanding of the key factors you should consider.

      And of course, we are more than happy to help you with your decision.

  • 3
    Do I need a licence to charter a yacht?
    • That all depends on where you intend to charter. If you would like to charter a yacht within Europe, the answer would be yes. It is important to remember that the correct licencing and/or documentation for your charter is your responsibility and we would strongly advise you to enquire into the legal prerequisites of your chosen charter region, taking care to note any differences if you are to cross maritime boarders.

      Regarding Europe, you will require an International Certificate of Competence, also known as the ICC.

  • 4
    What is an APA?
    • As a rule of thumb, the fee you pay for your charter, includes the rental of the vessel and the necessary crew to operate it, all other expenses associated with the charter are separate and are financed by the APA, which stands for the Advance provisioning allowance.

      The APA generally amounts to 30% of the total charter fee, though this may vary depending on the vessel.

      Dockage fees, fuel, communications and food & beverages will all be financed by the APA. Any remaining money from the APA at the end of the charter, will be returned to you.

  • 5
    What happens if the owner/captain does not show up, or is late?
    • All boat owners are bound to have someone meeting charterers on the day of charter. It is important that you as a charterer notify us if there is something wrong with your charter. For more information read the charterer’s policy.

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Charter a yacht with Book2Sail

Book2Sail makes you feel that when it comes to chartering a boat, there is no limitation. You can choose any form of boat at any time and anywhere (catamaran, sailboat, motorboat, jet ski). Whether you’re sailing in August with a catamaran to explore the Dalmatian coastline or spending Easter holidays in the French Riviera, you will find your dream boat.

Our team of chartering specialists are ready to assist you to make your chartering experience as easy as possible. We have different itineraries to cater for any type of activity you choose to do, once you are ashore.

Get in touch now and Book2Sail today.