Costs

Joining the club costs much less than buying a boat. Club dues start at just $268 to $398 per month. The dues include unlimited boat usage and guaranteed reservations plus complimentary use of the club’s water toys. Our ONE-TIME membership fees start at $1595. The only other cost is replacing the fuel that is used during your outing. Dollar for dollar, boat clubs are simply a better deal—and a much more trouble-free way to enjoy the water.

CLUB MEMBERSHIP  (Options) BOAT OWNERSHIP   ($45,000 Boat)
INITIAL CAPITAL REQUIRED

ONE-TIME membership fee
$1,595-$2,795
Outfitting (life jackets, toys, skis, etc.)
$0
Total Initial Capital Req’d
$1,595 – $2,795
INITIAL CAPITAL REQUIRED

10% downpayment
$4,500
Outfitting (life jackets, toys, skis, etc.)
$1,500
Total Initial Capital Req’d
$6,000
ONGOING MONTHLY EXPENSES ONGOING MONTHLY EXPENSES
Monthly Dues
(no loan to repay)
$268-$398
Insurance
$0
Mainenance
$0
Slip Fees
$0
TOTAL MONTHLY EXPENSE
$268-$398
5-year Monthly Loan
Insurance
$68
Payment (8%)
$783
Slip Fees
$250
Maintenance
$73
TOTAL MONTHLY EXPENSE  

$1,174

 

TIME AND MONEY
Boat owners in the United States use their boats an average of 15 times annually (NMMA). Therefore, based on the monthly expenses listed above, it will cost the average boat owner somewhere between $500-$800 per use. In order to properly maintain a boat in clean and safe operating conditions, 1-to-2 hours per outing should be spent on covering/uncovering, cleaning, and maintenence. Additionally, a boat should be serviced every season by a qualified service technician. Boat owners who have to trailer their boat will spend 2½ to 3 hours per outing preparing the boat, launching, loading, and stowing the boat.

voxmdCosts