Ownership
Buy a power boat here! Earn generous revenue while you cruise with PowerTime’s Innovative Yacht Management Program.
Professional Yacht management
Regular boat maintenance is a big expense and requires significant time and expertise. PowerTime boat owners don’t have to worry about those headaches. Your local base manager will be notified, via the PowerTime Embark app, every time your boat departs and returns. They will handle regular maintenance, preventative care and repairs. When you buy a power boat through our program, you will be kept well-informed of your boat’s rigorous upkeep.
Owners Enjoy These Benefits
- A monthly payment to you to offset your loan payment
- Flexible owner usage
- Help with sourcing a boat loan with a preferred Lender
- Only responsible, well-trained Members operate your boat
- Our proprietary scheduling software handles all aspects of boat reservations, maintenance, and member management
- Potential to cover up to 100% of your cost, including loan payments
- Professional maintenance and management team surround your boat
- Slip fees, insurance premiums, and routine maintenance costs are covered
- Winterization, storing and commissioning of your yacht each season
Guaranteed
Monthly Usage
When you buy a power boat through our innovative program, 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.
PowerTime has the solution
If you’re like most boaters, the question you undoubtedly ask is, “How can I responsibly afford to buy a power 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.
The PowerTime Charleston ownership program is extremely flexible and can be customized to give an owner more usage or can be geared towards generating more revenue. Depending on your situation, we can put together a plan that fits you and your family best. 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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