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| Shared Boat Ownership | Developer Program | Platinum Program | Finance | FAQ's |
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| Shared Boat Ownership |
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The Cruising Club's Shared Boat Ownership Program provides a practical and cost effective way to realise the dream of owning a luxury cruiser, sailboat or yacht without any of the hassles of maintenance, management and cleaning.
Individuals, families, couples, companies and retirees can all enjoy a spectacular lifestyle enhancement for much less money than one would typically expect to pay.
Each Cruising Club boat is secured by an ownership structure in which the purchase of an equity share entitles the member to corresponding use of the boat for a predetermined period - up to the useful life of the boat. |
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| How Does It Work? |
- Simply purchase a share in one of our Luxury Sports Cruisers or Yachts in your location
- Recieve 8 Hours training from one of our trained skippers
- Book your days on our online booking system
- We look after all the Berthing, Cleaning, Maintenance, Service & Management of the boat
- Enjoy your Boat!
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| Developer Program |
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| Have the Best of Both Worlds |
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If you are considering purchasing your own luxury boat but like the idea of avoiding the high costs associated with a depreciating leisure asset then The Cruising Club Platinum Program is for you. The Cruising Club has a continual on-going demand for additional boats for its' Shared Ownership Program throughout the National Network. The Platinum Program has been designed to provide an owner with full access to a new vessel for the duration of its' marketing into a shared ownership structure, while returning 100% of the initial capital on completion of each equity allocation.
People wishing to purchase boats for inclusion into the Shared Boat Management program. Under this option, owners will: |
- Enjoy the experiences of the water without the dramas associated with long-term ownership and a heavily depreciating asset.
- Have their capital progressively returned as shares are sold in the boat (typically a 12 month - 18 monthcycle).
- Incur no boat management fees.
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Platinum Program |
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Entertain on the water |
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Create an environment that is unique and exciting and different from is normally experienced with Corporate hospitality.
Entertain in private on the magnificent waterways of Sydney Harbour. The Cruising Club, Australia's pioneer in the shared boat industry is proud to offer its corporate
program, creating the ultimate corporate box -ON THE WATER. Compare the CC Corporate Program to normal Corporate activities and you will be surprised at the difference.
Purchase a membership in the Platinum Corporate Mustang 3800ST IPS and you can lead the way in corporate entertaining. |
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Corporate Ownership Benefits |
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- 24 days access per year
- Walk on walk off service
- Sydney Harbour location
- Professionally managed
- Ongoing training and support
- Professionally cleaned and detailed
- Fully Insured
- Skipper hire available
- 12 Month contract
- Waterside pick up and drop off
- Use for both private and business
- Network with other members
- No Refuelling Require
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Contact us for more information about this program |
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Finance |
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The Cruising Club and Finlease have teamed up to provide a fast, easy and affordable finance package.
If you are looking for an organisation that will provide a no nonsense, competitive and timely solution for your finance requirements, you have come to the right place. |
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Finlease finance features include: |
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- No deposit
- 1 to 5 year term available
- No security for loan required
- Loans up to $40,000
- Fixed or variable interest rates
- Easy application and fast approval
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"We'll get the finance so You can get on with boating" |
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Deal with someone who has experience in the marine industry! |
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Step 1: The Cruising Club and Finlease can give you an immediate indication of an approval and likely repayments on your loan
Step 2: Finlease can take your application over the phone in five minutes or you can apply online at www.finlease.com.au/forms
Step 3: We will fast track your application and usually provide an approval within 24-48 hours.
Step 4: Relax knowing that once approved The Cruising Club and Finlease will organise everything for you from signing of contracts through to settlement |
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Available to new or existing customers for personal use. The applicant must be over 18 years of age and standard credit application criteria, terms, fees, charges and conditions apply.
*Comparison Rate of 15.91% Comparison rate is calculated on a $30,000 unsecured loan over 5 years.
WARNING: This Comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. This comparison rate is only accurate for the example or given.
Rate correct at 13th November 2007. Subject to lenders credit criteria, rate subject to change depending on lenders assessment of risk. All repayments paid monthly via direct debit. |
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FAQ's |
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What is The Cruising Club? |
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The Cruising Club offers Shared Boat Ownership and hassle free walk-on, walk-off boating at numerous New South Wales and Queensland locations, within a network that is continually expanding. |
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How much will The Cruising Club cost me? |
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Ultimately, the costs associated with The Cruising Club are dependant on two key factors: |
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1. the number of shares purchased in each boat
2. the size and quality of the boat |
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A number of owners have purchased single shares in The Cruising Club for as little as $12,890. For a list of boats and prices please view boats page. |
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What boats are available? |
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The Cruising Club has established world-class partnerships with boat manufacturers including Mustang Marine, SeaQuest Marine, Sunrunner, Cruiser Yachts, Bavaria Yachts and Nimbus. Owners are able to choose a boat that best suits their individual needs. A full selection of boats available can be viewed on the locations page. |
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How often can I use the boat? |
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Owners will be entitled to 21 / 24 guaranteed days usage per year per share held. For example, should only one share be purchased, the owner would be entitled to a minimum of 21 / 24 days per year. Standby days are any day that is not booked by a shareholder or maintenance. Standby days can be booked with a maximum of 7 days notice. |
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How many owners are there in each boat? |
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Typically, boats offered by The Cruising Club consist of 12 equal shares. Built around flexibility, The Cruising Club allows owners to purchase one or multiple shares, depending on their own usage requirements. |
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Where are the boats moored? |
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Boats are moored at several locations in New South Wales, Queensland with new sites being constantly added to the list. Please refer to the locations page for details. |
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How do you know the other owners will look after the boat the way I would? |
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All owners are carefully selected through a thorough application process and trained by The Cruising Club in the proper use and care of the boat. Our Boat Managers undertake regular checks and inventories of our boats to ensure the boat is in full working condition. |
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Will I receive training on how to use the boat? |
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A compulsory training program must be undertaken by all boat owners, regardless of their previous experience. All training costs are met by The Cruising Club and incorporate world-class training in the areas of boat handling, navigation and local area laws. |
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Apart from the share price, are there other costs linked to The Cruising Club? |
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In addition to the share price, owners will be required to pay an insurance bond and a management fee (dependant on size of boat and location) which covers such items as insurance, marina rental, regular maintenance inspection and servicing, antifouling and polishing, daily cleaning, booking management, equipment replacements, registrations, contingency fund and boat management fees. |
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How do I find out more? |
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The Cruising Club has a network of offices and representatives around the country. |
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Contact us if you have any other questions |
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