Looking for kakis/Discussion on boat co-ownership.

rellik28
edited June 16 in Watercraft
Greetings everyone,
I'm starting this thread to look for
Kakis who are keen to co-own or co-share a brand-new 33ft by 8.5ft boat. With brand new twin engines. Everything brand new.
Also keen to be in discussion here with anyone not keen but for the love of boating and sharing, on how to develop a harmonious co ownership plan. I did join some group discussions and even meet up with people back in 2013 or 14 to discuss further on boat sharing. Hopefully there are still some of you interested. 

A little intro, I owned an albacore 28 in 2014 to 2017. Sold it off as scrap, but the new owner really rebuilt her to very sea worthy conditions. Since then I have been looking at boats but didn't  get one due to the past experience, as I won't use the boat as often and the maintenance is a killer for me, spent easily 10 times more time on land then on sea, it's also really a waste of money if u are now doing it full time as the berthing and membership fees will drain ur maintenance money. So now I'm trying to see if there any like minded people looking to share costs.
I plan to co own with 2 other owners making it a 3 person  ownership. Three some if u like.
2 would be ideal but doesn't save much costs to see the benefits. More than 3 will be too much to handle and also 3 will mean each owner will get to use the boat at least 2 or 3 weekend trips.

I have actually did a write up on costs and the comparison with individual and 3 person ownership. But it's way too long. Already this post is damn long. Sorry.

To cut it short, it will be 3 person putting in 35k each, making it a budget of 105k compared to an individual with 50k budget. Berthing will be at RSYC.
Pm me if u want more details, or post here to leave what u think or any suggestions to get this proposal going.
I can also start a WhatsApp group. 

Thanks for your time
Cheers everyone.
  • yozuri66
    Hi there, do you use the craft more for recreational fishing? Cost of owning a pleasure craft is costly in SG due to berthing and maintenance and also fuel cost.
  • rellik28
    yozuri66 said:
    Hi there, do you use the craft more for recreational fishing? Cost of owning a pleasure craft is costly in SG due to berthing and maintenance and also fuel cost.
    ​Greetings, I will be using it for recreational fishing. I do agree it's costly. Sharing the boat is one way to offset the high costs and also the boat will be utilised more often instead of just sitting on the water which leads to more corrosion and growth issues. 
    In the beginning when just aquire the boat, the passion is very strong to use the boat at least once or twice a week. After awhile, it takes a lot of effort to go out at least once a week. After a longer period, it will be hardly once a month. And so on... Up to a point where u actually try to forget that u own a boat. If u take a look at some marinas, u can see about 50% of the boats hardly ever move in a 6 month period. Mine was stuck on land for 2 years plus straight.
    Updates to the thread. After further research and enquiries, I will be editing the starting costs to 35k each for 3 Co owners. 
    Cheers
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