Does anybody have any experience with this company? The plan is, you buy
a boat from them, they charter it out and maintain it and the proceeds
from this rental use pays for the boat and allows you a coupla months
use for yourself, plus some annual profit. Eventually, you own the boat
outright and can either continue the relationship for fun and profit or
sail away into the sunset. They advertise in Sail Magazine.
Thanks for any info.

.


Now for an Australian perspective..

I looked at purchasing for charter but the numbers just didn't make sense. Even with the tax effectiveness the cost was higher than outright purchase. Several people have commented on the 'floating dormitory' syndrome which is a real problem. I wound up buying a ex-charter boat from Sunsail out of French Polynesia. I bought it because it was a good deal and the boat in question was an owner's configuration. Survey report was neutral based upon a boat of 7 years old. Once I got my hands on it everything was as described and in good condition for its age. I am now happily sailing a Jeanneau SO 37.2 in the Bass Strait area of Australia. BTW Sunsail brokerage was very professional and honest through the whole purchase/survey/transport phase

--
Regards
John VK3J
S/V Chagall