The water attracts many with its endless beauty and a luxury boat is the ultimate way to experience it. Owning a luxury boat and calling it your own seems like a pipe dream however, there are hire and share options available to suit all scenarios and tastes. It is worth knowing the difference between luxury boat share and ownership in order to determine which is appropriate for you. 

Owning and hiring a boat both have their perks but there is no objective better or worse choice out of the two. It’s purely a personal decision based on your circumstances of the day. A needs-first approach to luxury boats will help steer you in the right direction. For instance, if you are trying to invest, boat ownership with MV Alfie & Co is a great idea; you get to enjoy the luxuries of owning a private boat while avoiding putting your hands into your own pocket. The money generated from bookings covers most of the maintenance, repairs, operations, insurance, etc. Plus, you’re buying into a business, which has it’s own tax benefits.

However, if you are not looking to invest or have budget constraints, spending a few days on the water with your friends or family in a luxury boat hire will allow you to test the waters literally. 

Owning a Boat

In short, boat ownership is great. It allows you to cruise along Australia’s most scenic waters whilst creating lasting memories for your loved ones or impressing your clients. The added advantage of picking your travel schedule allows your friends and family to have the flexibility and choice to cruise as they please.

Unless you are confident with the responsibilities and costs of sole ownership, a luxury boat syndicate or boat share is worth considering. MV Alfie & Co manages the vessel’s boat bookings, operations, and maintence. Meaning you don’t have to lift a finger and can enjoy your boating experience hassle-free.

Hiring a Boat

Let’s start with the obvious when you rent a boat –you don’t have to put as much money down upfront. You can hire the boat whenever you can afford it, and you are ready to sail. When you are done travelling, you give back the boat without cleaning, maintenance and repair.

On the negative side, you may not get the same flexibility as the owners; sometimes, the boat can be unavailable on the day you want to travel. This is certainly a viable option for those who are good at planning ahead.

Whatever you decide, you’ll still have a front row seat to Australia’s best waters. Thorough research and enquiry is advised as well as organised dates and group numbers. Whether you buy a share in a luxury boat or hire a luxury vessel, you need to ensure you are dealing with the experts.

MV Alfie & Co is one of the best and most recognisable luxury boat companies in New South Wales and Queensland. They have two amazing luxury vessels; Bruce and the v65 Princess with hire and purchase available. To determine which type is best for you, don’t hesitate to get in touch with Australia’s first-class luxury boat company.