The Best Yacht Charter Management Programs

I was asked what the best yacht charter management programs are for income safety and helping to pay for the yacht...Here is the answer:

There are a number of different programs out there and I have done them all so I know the good and bad of each...By far the best is the "Guaranteed Income Program" OR a "55% Down Program" because you know exactly what you are getting with no "surprises" and if there is an economic downturn or terrorist attack that kills air travel for a while then you don't suffer. In both programs the charter company covers all expenses (dockage, insurance, all maintenance, etc) and you get between 6-12 weeks/year owner use. You can often also get "reciprocal owner use" which means you can use your owner time on other boats (like if yours is not available) and in other locations all around the world. 

GUARANTEED INCOME: The charter companies will only do the guaranteed income program with certain models that are in high-demand. The Lagoon 52 is usually one of those. They will pay you 8-9%/year guaranteed (payable monthly so you can use the payment to cover a loan payment) for between 60 and 66 months. The 8% is based upon whatever you spend on the yacht including cost to deliver it to the base. so, for example, let's say you spend $1,000,000 your guaranteed annual payments will total $80,000 for at least 5  or 5.5 years. The yacht will probably have to be kept in a high demand charter destination such as the BVI or St Martin.

55% DOWN PROGRAM:
In this program they cover all expenses and you put down 55% of the cost of a new boat. They use the charter income to service a loan they get from a French bank or leasing company. Then in "month 66" you pay $1 and they transfer title to you. 

This is just an overview and I can talk for hours about these programs so give me a call with questions...Different charter companies allow varying amounts of options but they prefer that you keep it the same as all their other boats in the fleet because some options require extra maintenance and since they pay for all that they want to limit high-maintenance options.

6 comments:

  1. One of those is for sale in Tahiti: http://lagoon440-for-sale.blogspot.com

    ReplyDelete
  2. We Offer Loan At A Very Low Rate Of 3%. If Interested, Kindly Contact Us Now.email us now reply to email (urgentloan22@gmail.com)

    ReplyDelete
  3. We Offer Loan At A Very Low Rate Of 3%. If Interested, Kindly Contact Us Now.email us now reply to email (urgentloan22@gmail.com)

    ReplyDelete
  4. Hello Everybody,
    My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:{PurvaPius22@gmail.com} Thank you.

    ReplyDelete
  5. My Brothers and Sister all over the world, I am Mrs Boo Wheat from Canada ; i was in need of loan some month ago. i needed a loan to open my restaurant and bar, when one of my long time business partner introduce me to this good and trustful loan lender DR PURVA PIUS that help me out with a loan, and is interest rate is very low , thank God today. I am now a successful business woman, and I became useful. In the life of others, I now hold a restaurant and bar. And about 30 workers, thank GOD for my life I am leaving well today a happy father with three kids, thanks to you DR PURVA PIUS Now I can take care of my lovely family, i can now pay my bill. I am now the bread winner of my family. If you are look for a trustful and reliable loan leader. You can Email him via,mail {PurvaPius22@gmail.com} Please tell him Mrs Boo Wheat from Canada introduce you to him. THANKS

    ReplyDelete
  6. Great thread it its really informative and innovative keep us posted with new updates. its was really valuable. thanks a lot. Well If You Want Yachts Then Kindly Visit This Link: Yachts For Sale

    ReplyDelete