Yachts News
Fractional Ownership at the London Boat Show
"Fractional ownership allows sailors to share costs as downturn bites" says the Independent newspaper, in an article on the keys trends at the 55th London Boat Show.
Or as the Independent puts it another way in the headline for the article "Now even the have-nots can have yachts, too"
The article interviews several boat builders and yacht charter companies as well as covering some of the costs of boat ownership. According to the article yacht charters have also seen a boost, because owners no longer want to put their money into owning a boat themselves.
"A standard £120,000 yacht will depreciate in value to about £100,000 after a year. Annual mooring costs are £7,000, maintenance at least £3,000, and insurance, usually £1,000." claims the newspaper.
See our table for a detailed list of fractional yacht companies.
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