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Files: There is a charge for each file. Why?
These 2 large worksheets give customized solutions to charter
boat buyers and charter boat owners. These elaborate, specialized
tools are not available anywhere on the Internet, nor anywhere
else for that matter-
trust us, we know!
 Charter Boat Buyers
Worksheet #1: The True Cost of Yacht Ownership
Our most popular file ever, completely redesigned and improved! Before committing to a yacht purchase, understand the real numbers behind the charter companies' glossy brochures. You will be going in with full knowledge of ownership reality. It takes in account: mortgage interests, financing cost, tax savings, boat amortization, fine print cruising costs, estimated boat resale value, etc... Everything is there!
Easily enter simple data on the Data Sheet and you will see all the real costs and financial and tax implications automatically
computed on the two other sheets. Change the numbers at will to see as many scenarios as you'd like.
Also allows you to truly compare your boat purchase to the cost of straightforward chartering the same boat.
 This worksheet
Charter Boat Owners
Worksheet #2: Charter Boat Ownership Multiple Financial Aspects
Our second most popular file! Analyze how you are financially doing during the life of your management contract with a charter company.
This one is a very detailed spreadsheet where you will be able to input your own numbers and see the results on your own yacht ownership. WARNING: This is a rather complex spreadsheet, not for the faint of heart. :-) Use the text below and the explanations on the Worksheet itself to go through the computations.
There are basically 3 ways to analyze a yacht purchase and/or yacht ownership through, and with the management of, a Charter Company:
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As an investment
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As a way of simply reducing the cost of sailing
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As a mean of owning -and keeping- a yacht at a reduced cost.
1. Analyzing
the Purchase As An Investment
If viewed as an investment, you will:
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Compute all income: from
charter, referrals and commissions, from sales of unused owner's time,
all of the above according to the terms of your Management contract.
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Include the value of your owner weeks utilized (the weeks you sail).
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Compute and deduct all deductible expenses: for example, deducting your traveling expenses to your boat once a year is acceptable.
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Compute and deduct the boat annual depreciation.
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Compute and deduct the annual interests paid on the mortgage.
- Compute the tax savings generated by the depreciation and interests.
- Compute the time value of money, i.e. the interest lost on the cash you have put for the down payment.
This series of computations will lead you to determine a traditional return on investment calculation that you'll be able to compare to what you would have achieved with the return of a savings account or some other traditional investments. All this with the hope of, at least, breaking even on the financial results.
2. Reducing the Cost of Sailing
In this configuration, you are, supposedly, using lots of your owner weeks. This, in effect, a way to consider the entire ownership experience and ultimately, after the sale of the boat, the all-in program cost, as a way to reduce the cost of chartering your vessel vs. what it would cost if you were simply chartering and paying regular prices.
Our spreadsheet uses the same components as for 1. But it goes one step further and will determine for you the total cost per week of the ownership "experience". You then compare the result to what you would have paid if you merely had chartered — and paid for — the same number of weeks.
The deceitful question, though, is this: Had you NOT owned a charter boat, would you have gone sailing as often as you did as an owner? Usually, owners' answer is: Most probably, no. In reality, when you own a boat, you then have a vacation goal, and you go sailing much more often than if you had to pay full price for each charter. So the view computed here is somewhat theoretical.
3. Reducing
the Cost of Buying a Boat
In this instance, the purchase and ownership are viewed as a way of buying a boat at an effective price that is lower than other alternatives, like buying a boat outright for private ownership.
To compute this, you will be using all income received, including the value of owner weeks used for vacations, etc., as offsets, or reductions of the original boat cost. This answers the question, "Considering everything, what do I have in this boat now that I own it outright." Taxes have some impact here as well.
This worksheet
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