Well Maintained 1976 Catalina 30 Sailboat. Many Improvements and Upgrades. The boat is located in Marina del Rey.
$3,500 buy in makes you and owner of 25% of the boat. You will be on the DMV title. When you decide to leave the partnership you may resell your share or request I sell it for you, for a reasonable selling fee. All scheduling is done conveniently via google calendar. Each partner is guaranteed a minimum of 7 days per month to use the vessel.
Dues are $150/month to cover slip fee, bottom cleaning, insurance, Seatow towing policy, and maintenance.
WHY JOIN A PARTNERSHIP RATHER THAN PURCHASE A BOAT ON MY OWN?
1. You will have a much nicer, larger boat. An individual can own a 1/4 share of a boat that is approximately 4 times the value of what he could afford on an outright purchase.
2. Your monthly expenses for keeping the boat will be that of an outright purchase.
($150 v. $600)
3. While paying the price to buy in and the monthly expenses you can use the boat almost as much if you owned it outright. In my experience with partnerships, a partnership boat is used an average of 3-6 days per month. Visit any marina, even on a busy weekend, and you will see that people that own boats rarely use them. Members of this partnership only sign up for days they reasonably expect to use. This way the calendar stays wide open in case you want to use the boat spur of the moment.
NEW SAILORS WELCOME!
We are happy to train new sailors. New partners must pass partnership on water safety test before taking the boat out on their own. This is for your own safety, the safety of the boat, and the safety of the people around you in the harbor.