Ownership
Earn generous revenue while you cruise with PowerTime’s Innovative Yacht Management Program.
We handle the dirty work
Professional boat management
Owners
Owners Enjoy These Benefits
- Front the cost of ownership including slip fees, bottom care, and insurance on your boat.
- Provide regular statements and pay you as your boat earns money
- Allow only responsible, well trained, qualified Members to use your boat. Like the difference in how people treat a rental car vs a lease, the members on your boat will treat it like their own.
- Clean and maintain your boat weekly.
- Handle emergency issues and remain on-call 24 hours a day.
- Handle any maintenance or repairs needed to keep your boat in top shape.
- Provide assistance with finding a boat loan.
- Our proprietary software handles all aspects of scheduling and member management
Guaranteed
Monthly Usage
As a PowerTime boat owner, you will have guaranteed monthly usage of your boat using PowerTime’s proprietary online scheduling system. This allows you guaranteed monthly usage and unlimited last-minute reservations booked online within 36 hours. Your boat will be docked at a local marina, ready to go, with the fuel and water tanks topped off. This makes going for a day trip a convenient and pleasant experience.
How it works
If you’re like most boaters, the question you undoubtedly ask is, “How can I responsibly afford my own boat and use it often enough to justify all the hassle and expense?” PowerTime has the practical solution that puts boat ownership within your reach. By sharing the use of your boat you can cover your costs, while still enjoying plenty of time with your family and friends.
PowerTime boat owners are responsible for operating costs including slip fees, insurance, bottom painting/cleaning, and a loan payment (if applicable). However, owners receive 50% of the revenue generated by their boats. After 3-4 members join, this is normally enough to cover the cost of slip, insurance, and bottom care. Once more members join your boat, you will be receiving money to help cover your boat loan or pay you directly. A PowerTime boat will have a maximum of 7 members and 1 owner.
Learn about the tax advantages that can save you thousands as well.
Detailed pricing and financial worksheets are available. Visit our frequently asked questions page for more information.
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