Ownership.
MyYachtCo Super Yacht Club is all about enjoying the yachting lifestyle at an affordable price. Owners buy a 1/4 to 1/10 share.
The comparison below outlines an average owner’s yacht use of 60 days a year.
| Example: Ladenstein L88 6,000,000 Purchase Price† | Charter | 100% Ownership |
Co-Ownership |
|---|---|---|---|
| Investment | 100% of the cost of the boat. Either paid-in-full or financed. | Percentage of the cost of the boat equal to your fractional share. Either paid-in-full or financed. | |
$6,000,000
|
$999,000
| ||
| Operating Costs For above example estimated $792,000 annually Including Management Fee | |||
$792,000Per Year† | $132,000Per Year † | ||
| Provisioning and Fuel | You pay 100% of per-use provisioning and fuel. | You pay 100% of per-use provisioning and fuel. | You pay 100% of per-use provisioning and fuel. |
| Flexibility | You generally book a specific port and depart and return to that location. Book for as long or short as you like. | It’s your yacht. Go wherever and whenever you like. | Yachts are positioned in a zone (i.e. Caribbean, Bahamas, Mediterranean). You are free to go wherever it is legal to do so, and the boat is insured. |
| Privacy/Exclusivity | The boat is used by many charter customers who have no vested interest in the yacht. | It’s your yacht. Only you and your invited guests. It’s often known who owns a yacht making tracking possible. | It’s your yacht shared with the other owners. Only you and your invited guests. The MyYachtCo ownership model keeps ownership private. |
| Service | While charter crews can be exceptional, they will change from charter to charter creating inconsistencies in the level of service. | Your dedicated crew will provide the highest level of service. They will know your specific needs and wants. | Your dedicated crew will provide the highest level of service. They will know your specific needs and wants. |
| Personalization | No changes allowed. | Your boat is yours to customize and decorate as you wish. | Fractional Owners vote on upgrades or changes to yacht. |
| Exit Strategy | Sell your boat anytime on open market. | Sell your share anytime on open market. | |
| Cost Per Week Assuming 4-Weeks Usage a Year. | $80,000+ | $198,000 | $33,000 |
Subject to change without notice
†estimated