Many people love boating, but do not consider it something they want to be burdened with all year round. Changing oil, winterizing, trailering, and all of the other "not so fun" parts of boat ownership make that precious time when you are actually on the water seem less worth it. Now, you don't have to worry about those things! For a great deal less money, you can have your boating fun and leave the rest to us!
|How Much Will I save in one year and 5 years?|
|Year One based on a $50k boat|
|Boat Ownership||Boat Club|
|Money Down at Closing||$600*||$0|
|Boat Slip at Akwa||$4200**||$0|
|One Time signing Fee||$0||$1200***|
|Yearly Membership Fee||$0||$3900|
|Total Year One||$25,480||$5100|
|Five Year Total Cost||$121,400||$20,700|
Most boat owners don't want to acknowledges the true cost of boat ownership, or the the time that they lose fixing the boat that they could be spending with their family out on the water. No Matter if you want to join for one year or for 5 years, the boat club really is the best deal in the Lakes Region, not only do you save ~$20k in the first year, and over $100k in 5 years, but you avoid all the problems and headaches of boat ownership.
This table is only meant to help illustrate the costs for comparison, actually cost of boat ownership vary wildly.
*the mortgage is based on 50k with $600 down at 1.99% for 5 years. No closing costs.
**The boat slip cost is based on the minimum cost of a slip at Akwa Marina Yacht Club for 2017
*** The one time signing fee of $1200 is exactly that. You pay the signing fee of $600 and never pay it again as long as you are a member and keep up with the yearly Membership fee of $3900. The boat club agreements run for one year, you do not have to renew.
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We currently have 6 boats.
220 Berkshire Pontoon
210 Berkshire Pontoon
22' StingRay Deck Boat
210 SLX Wakeboard SeaRay
210 SLX SeaRay