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Chartering my boat?

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big man View Drop Down
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Post Options Post Options   Quote big man Quote  Post ReplyReply Direct Link To This Post Topic: Chartering my boat?
    Posted: 10 Feb 05 at 6:14pm
£100 sounds good but in that contract i would put somthin bout ne damage and it being returned in the same condition ect because they could just abuse it like a hire car hehe.
keep it flat you t***
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Hugh View Drop Down
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Post Options Post Options   Quote Hugh Quote  Post ReplyReply Direct Link To This Post Posted: 10 Feb 05 at 5:26pm

Boat is worth about £2700, and they would be using it for a 4 day event but would probably have it nearer two weeks.

Would £100 be reasonable (assuming it is using their insurance), too little, too much?  I'll double check with them about their insurance and draw up a contract and see if they're happy with it.

 

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big man View Drop Down
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Post Options Post Options   Quote big man Quote  Post ReplyReply Direct Link To This Post Posted: 10 Feb 05 at 5:16pm

well there two things really that you have to concider

1) how much is your boat worth

2) how long they are going to use it for

keep it flat you t***
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Stefan Lloyd View Drop Down
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Post Options Post Options   Quote Stefan Lloyd Quote  Post ReplyReply Direct Link To This Post Posted: 10 Feb 05 at 1:04pm

Originally posted by Hugh

Also is there anything I should take into consideration, I know that they have insurance that would cover the boat while on the water and being transported.

Are you positive? I think it would be quite unusual to have insurance to cover you when sailing or towing someone else's boat. Certainly for yacht-sized boats, it is the owner, not the charterer, who provides the insurance, and it is normally far more expensive than insurance for owner-only use - to the point where occassionally chartering your boat just isn't worthwhile.

The going rate for a racing keelboat valued at something like £12,000 would be around £400-£500 for a summer weekend. However that includes aspects like the use of a marina, so I guess it wouldn't pro-rata for a dinghy.

 

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big man View Drop Down
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Post Options Post Options   Quote big man Quote  Post ReplyReply Direct Link To This Post Posted: 10 Feb 05 at 12:48pm
how long will they have the boat
keep it flat you t***
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Hugh View Drop Down
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Post Options Post Options   Quote Hugh Quote  Post ReplyReply Direct Link To This Post Posted: 10 Feb 05 at 12:45pm

I sail a Laser 4000, and have been asked by a couple of ex4000 sailors, now 49er sailors if I would hire out my boat to them for the Bandol Eurocup event.  
 
As it happens I am busy here for 3 weeks over that period so even if the boat was here I wouldn't be able to sail it, so not having use of the boat for that time isnt an issue.
 
I've pretty much decided that I don't mind chartering it out for this period, but what would be a reasonable rate for an event like this?  I have never done this sort of thing before so don't have any idea.
 
Also is there anything I should take into consideration, I know that they have insurance that would cover the boat while on the water and being transported.
 
Many thanks, Hugh

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