Boat Clubs on Lake Wylie VS. Daily Rentals on Lake Wylie
Mar 31, 2019

Boat Clubs on Lake Wylie VS. Daily Rentals on Lake Wylie

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Mar 31, 2019

People ask us all the time if they can sign up for a membership program since our boats are so new and so nice. We are only a daily rental outfit and do not offer memberships…. And here is why.

Most boat memberships charge a large “joining fee” and then monthly dues year around. You can’t sign up in May and cancel in August.

If you are the type of person that uses a boat 3+ times week, a boat club membership might make sense over buying a boat. Or does it?

Generally speaking, if you take care of your boat, you can sell it for not a huge loss. So, when you buy a boat, you need to consider that it’s “cost” is really the difference in what you bought it for and what you sold it for (plus maintenance, {membership clubs push the fact you don’t have to pay for maintenance but you do pay for fuel}).

Lets say you bought a $30,000 boat. You keep it for 3 years. Sell the same boat 3 years later for $20,000. The boat only costs you $10,000. 

Now, your initial joining fee for a boat club is generally ~$5,000. Then on top of that you get to pay $250-$300 a month fee (another $3,000-$3,600 a year contractually). So far in year one your cost is already $8,000-$8,600. By the end of year two the damage is $11,000-$12,200. And so on and so forth.

Now compare that to daily rentals of roughly $300 a day (oh and we include the fuel in our price, boat memberships don’t). With the $8,600 first year cost of a membership, that equates to about 28 boat days a season. Reasonably speaking (and its usually less than this), we have a 6-month window of warm boat weather. Thats 28 rentals in 6 months. Thats 4.66 each month or about once a week.

For perspective: I live on the lake. I can walk to my boat in less than 30 steps from my back porch. I love the water. I live for it. So does my whole family! Even with that, with all that in my favor, I don’t go out on the lake once a week for a day on the water!

So, WHY PAY FOR SOMETHING YOU’LL NEVER USE THAT MUCH!? Pay for what you’re going to use with a daily rental.

 

OUR RATES:

Monday-Thursday: Half-Day= $275, Full Day= $325

Friday-Sunday: Half-Day=$300, Full Day= $400

*Rates do not include tax.

**Ultra-Luxury models are at a higher rental rate but are not always available to book.

ALL our rates INCLUDE the gas. You are not responsible for fuel. All our boats are 2017 or newer!

 

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