see also: | New Le Boat boats | Pre-Owned Le Boat boats |
Ownership Programme
Buy a canal or river boat and receive a guaranteed monthly income
This innovative and attractive scheme provides a guaranteed monthly income from your own boat, which joins the Le Boat hire fleet.
Eligible craft are purchased from Le Boat and can be either brand new or selected from their existing fleet.
New or Existing
Invest in a Brand New or an Existing boat – they range in price from £60,000 to £250,000 – (75,000€ to 300,000€) – ($100,000 to $400,000).
The purchase price includes a full fit-out inventory, delivery to the charter base and commissioning.
Charter Income
An attractive fixed income, month-in, month-out.
Your boat is professionally hired out by Le Boat and provides a guaranteed income to you, at a predetermined amount. Your income will be 7% of the boat’s nett purchase price, per annum. This is paid monthly throughout the year, even when your boat is not chartered.
Guaranteed residual value (if bought new)
If bought new, your boat can be bought back at a pre-agreed value by Le Boat at completion of the programme. Alternatively you can elect to retain ownership or continue participation in the programme.
Holiday Use
You have free, full and exclusive use of your boat – or any Le Boat fleet boat at any of 30 European bases – for up to 12 weeks each year. Part of that allowance can include your authorising friends or family to charter your boat at no charge.
Plenty of time to enjoy, plenty of places to explore.
Overheads Included
Professional maintenance, mooring and licence fees, and insurance are all included. Your boat will be maintained to the most rigorous standards at no extra cost. Your boat will also be in pristine condition and fully prepared each time you cruise.
Value
Example Calculation
- Purchase Price £259,000
- Monthly Income £1,263
- 7 Year Income £106,092
- Purchase Cost £152,908
- Buy-Back Value £116,550
- 7 Year Balance £36,358 = £5,794 per annum = £483 per owner week (12 weeks)
- Europe-wide worry-free ownership and enjoyment for six people that includes maintenance, insurance and moorings
Timescale
The ownership programme is for an initial period of 7 seasons (effectively, years) with an optional second 7 after completion of the first. Early exit from the programme is possible, with 24 months notice required.
Finance
Competitive financing is available through Le Boat’s selected partners.
Find out more
Naturally, there are further details and some conditions.
