Reasons to Rent Instead of Buying a Boat
The only problem is that the boats depreciate with time, just like cars do. Boats lose value over time because the usage of boats is measured on the basis of hours that the engine has been used, not on the number of miles the boat has covered. The more you use the boat, the more you take the value out of it. On the contrary, when you rent a boat, you don’t have to worry about its long term value.
The upfront costs of owning a boat is pretty high. It completely depends upon the type of boat you would like to use. Purchasing of boats would range between thousands of dollars to lakhs of dollars. Even if you purchase the expensive boats, its value would continue to depreciate as you use. But when you rent a boat, you just have to pay for your usage and hence the cost of the ownership is eliminated.
In a year, an average boater uses boat for almost 8% of the year, which exemplifies that boats are not used for almost 92% of the year. Though, you would be using the boat occasionally, you need to look after the boat’s maintenance every now and then. So is it worth to buy a boat? Instead, rent a boat and pay for the time you use.
Maintaining a boat is very expensive because the materials used to build a boat should be resistant to salt water, and thus it makes the boat much expensive. Whether you are using your boat, or your boat is in your backyard, it requires consistent cleaning and inspection. Moreover, add insurance costs to it and you will find yourself in serious financial obligations. But renting a boat would prevent you from such financial obligations.
Looking to rent a boat? Want to rent a fishing boat? Wake boarding? You can rent a wake board boat. Moreover, you can also rent a sailboat. So, there are wide variety of options to go for, when it comes to renting a boat. Hence, the best part of renting a boat is that you can different types of boats for different purposes.
Owning a boat has its own pleasures and privileges, and there are boat owners who would not like the other way to have a boat. Renting has benefits for both the owners and renters. In order to offset the cost of ownership, the boat owners can turn the idle hours of their boats into potential revenue. While, the renters can use any type of boat, anywhere, as per their choice.