Just one. You would be the only owner of the boat. The boat is shared by the owner and a limited number of non-equity Members.
None. You are not billed for usage of your boat.
The owner chooses the new boat of his/her choice along with the options he/she desires. Traditionally all of the boats in our fleet are upgraded with options including radar, chart plotter, autopilot, dodger/bimini, electric windlass, and other features which make boating enjoyable. Some boats include quick docking systems and bow thrusters, roller furling sail systems and additional features to make the boat easy to operate.
If you choose to have a double membership and six members on your boat, you would be guaranteed: 2 weekend days and 5 week days each month plus an unlimited amount of sail times when reservations are made within 36 hours of the desired sail time. If you choose to have fewer than 6 members, you would have more access to sail your boat
Usually a down payment of 20% of the purchase price is required by the bank providing the loan to the owner member. Some owners purchase the boat outright in cash, while others choose a portfolio line of credit with zero down.
We can refer you to several different resources that are familiar with the SailTime program to ensure proper handling of your application. Of course, you may elect to contact your own source.
Of course. Our base organizes social gatherings so that members have the opportunity to meet and socialize with one another. We find that the mixers naturally promote greater pride and care for the boats, as well as promote respect amongst the members. Plus, the events are fun!
All members are trained by a USCG Captain and ASA Sailing Instructor, Members cannot use the boat until they have passed written and on-the-water exams. We require each member to sign an agreement with provisions that specifically outline the expected usage of the boat, including the care and upkeep that’s expected during their sail.
You may take your boat for your personal use, upgrade to a new boat, re-enter the program, or perhaps sell your boat through our brokerage or another. Our base also operates a captained charter company and sailing school, so owners may continue to earn revenue and enjoy their boat without all of the hassles and expenses for years to follow.
You’ll work with the base manager to order the boat and we will be on hand to see you through the whole process, from delivery to commissioning and beyond.
