Many people dream of buying a boat, yet the practicalities or costs can be a step too far. Boat Club Trafalgar offers an affordable way to get afloat.
We have members who have previously owned a boat and have switched to the Boat Club. It saves them both time and money. We have members who want to start boating and get out on the water, yet are unsure whether buying a boat is right for them.
To help you decide which way to go, we’ve put together this cost comparison between buying and owning or joining Boat Club Trafalgar.
Purchase costs – comparison
Boat Club Trafalgar
New Finnmaster T7
Second hand Ballistic 7.8m RIB
|Boat + essential equipment||£0||£91,755||£54,950|
|Boat Club Gold membership – per annum||£6,110||£0||£0|
|Running costs – per annum|
|Cost of capital (5%) & depreciation (7%)||£0||£11,011||£6,594|
|Berthing, insurance, maintenance etc.||£0||£5,670||£6,196|
|Year 1 – Total purchase & running cost||£6,110||£108,436||£67,740|
|Year 2 (& per annum) – Total running cost||£6,110||£16,681||£12,790|
And that’s all without extras such as safety and navigation equipment, or local harbour dues and launching fees.
See our guide to what’s involved with boat ownership.