NORTH FORT MYERS,
FLA – Do you budget enough to maintain your vessel
so that it sells at top dollar?
Most boat owners
do not budget nearly enough, according to Barb
Hansen who, for almost 18 years, has overseen
the maintenance of dozens of yachts, power and
sail, for the charter fleet of Southwest Florida
Yachts of North Fort Myers.
How much should
"The owner should
budget 10 to 15 percent of the value of the vessel
for maintenance," said Hansen. "This is the real
world – mechanical, brightwork, cosmetics, hardware,
electronics. If you don't spend the money this
year; then carry it over to next year," Hansen
said. "As a boat gets older, say more than 10
years old, the maintenance percentage needs to
be notched up a few points."
Hansen uses the
15 percent figure to demonstrate to yacht owners
why they should put their vessels into charter.
The revenue from boat charters will help pay for
those maintenance costs, she said. She points
out, also, that the regular use and attention
that a vessel receives while it's in charter is
often better for it than the alternative – a vessel
that is used infrequently or seasonally.
a new vessel, she said, should buy the best quality
boat possible. "It costs you less in the long
term to buy quality," said Hansen. "The equipment
will perform better and, with better stainless
steel, good gelcoat and other top of the line
components, it will continue to look and operate