Don’t Buy a Boat® – Join the Club!Club Membership vs. Boat Ownership
There are a number of reasons why it makes more sense to join Nautical Boat Club than to own your own boat.
In addition to the superior variety, service, and perks you get as a Nautical Boat Club® member, you also spend much less time and energy on upkeep, as well as way less money! The cost to be a Member of Nautical Boat Club® is about one-third the cost of owning your own boat.
The bottom line? Belonging to a Boating Country Club® is a better deal, with a bonus “no-hassle” appeal!
Cost of Use - $90,000 Boat (All prices subject to tax)
Buy a Boat
Assumes a $90,000 Boat Purchase
INITIAL CAPITAL
20% down-payment
$18,000
Outfitting (lifejackets, wakeboards, skis, etc.)
$1,000
TOTAL
$19,000
Join the Club
Annual Club Membership
INITIAL CAPITAL
One-time membership fee
$1995 - $4995
Outfitting (lifejackets, skis, etc.)
0
TOTAL
$1995 - $4995
Ongoing Monthly Expenses
Loan payment: 5 years @ 4%
$1400
Insurance
$200
Maintenance
$200
Slip Fees
$300
Gas (estimate)
$200
TOTAL
$2300
Ongoing Monthly Expenses
Monthly dues:
$325 - $490
Insurance
$0
Maintenance
$0
Slip Fees
$0
Gas (estimate)
$200
TOTAL
$525 - $690