MBS Boat Services

WHY BOAT SHARE?

Boat share ownership provides a practical and cost effective way to realise your dream of owning your own boat
EXAMPLE €130,000 BOAT, 28 DAYS BOAT USAGE

"This is more time on board than is used on average by outright boat owners!"

OUTRIGHT BOAT OWNERSHIP	€
Purchase Price + VAT	130,000
ANNUAL COSTS INCLUDE:
Insurance	1,400
Boat Storage	600
Boat Launch/recovery (28 days x €100)	2,800
Boat cleaning (28 x €50) + annual valet	1,700
Pre-season annual service	120
Annual management fee	0
Boat repair and maintenance (unknown)
TOTAL ANNUAL COST	6,620
OUTRIGHT BOAT OWNERSHIP DEVALUATION	€
Year 1 devaluation would typically be 30%.	-39,000
After 5 years the value of the boat could be 50% less than the initial purchase price.	-65,000

OUTRIGHT BOAT OWNERSHIP	€
Purchase Price + VAT	14,000
ANNUAL COSTS INCLUDE:
Insurance	0
Boat Storage	0
Boat Launch/recovery (28 days x €100)	0
Boat cleaning (28 x €50) + annual valet	0
Pre-season annual service	0
Annual management fee + VAT	1,795
Boat repair and maintenance	0
TOTAL ANNUAL COST	1,795
OUTRIGHT BOAT OWNERSHIP DEVALUATION	€
Year 1 devaluation is zero.	0
After 5 years the value of your share option will be 50% to upgrade / or against a newer boat.	-7,000
You can use the full share option value to upgrade at any time, or against a newer boat.