Lockie 1 Posted May 22, 2014 Report Share Posted May 22, 2014 Managed or privately run schemes? Your opinion would be appreciated. Link to comment Share on other sites More sharing options...
ditchcrawler Posted May 22, 2014 Report Share Posted May 22, 2014 Private cheaper if you have a good constitution so everyone plays the game. Some one does have to run things. We did it for 5 years no problem. Link to comment Share on other sites More sharing options...
waterdog Posted May 22, 2014 Report Share Posted May 22, 2014 Private !! off to the k & a tomorrow for a week :) share still available http://www.canalworld.net/forums/index.php?showtopic=54194&hl=dasque Link to comment Share on other sites More sharing options...
ditchcrawler Posted May 22, 2014 Report Share Posted May 22, 2014 Private !! off to the k & a tomorrow for a week share still available http://www.canalworld.net/forums/index.php?showtopic=54194&hl=dasque That is where we are now, Devises tomorrow again, shopping. Link to comment Share on other sites More sharing options...
waterdog Posted May 22, 2014 Report Share Posted May 22, 2014 (edited) Picking up the boat at Hilperton tomorrow afternoon then heading towards Bath, Give us a wave if we pass Doh just looked at map, you're the opposite direction. edited for numptyness Edited May 22, 2014 by waterdog Link to comment Share on other sites More sharing options...
Clifford Posted May 22, 2014 Report Share Posted May 22, 2014 Private is much cheaper. Our shareboat was managed. After a while, it began to feel a bit like the management company taking over, and thought of itself as a hire firm with all its capital costs paid by the 'hirers' (owners). They even chair the owners' meeting, which is crackers! And they have absolutely no incentive to get repairs done cheaply. As you can tell, I was a bit disgruntled by the majority decision to go with this company! Link to comment Share on other sites More sharing options...
howardang Posted May 22, 2014 Report Share Posted May 22, 2014 Definitely private for me. The money saved by not joining in a commercially managed scheme (at least £4,000 annually) can be much better spent in keeping the boat up to scratch. All it takes is a willingness from fellow owners to get involved in the running of their boat. Howard Link to comment Share on other sites More sharing options...
Clifford Posted May 22, 2014 Report Share Posted May 22, 2014 Yes, £400 or so per share per year is a lot (just for circulating the booking chart and arranging for someone to do repairs). Remember that the £4000 per boat per year doesn't include any actual repair costs. Link to comment Share on other sites More sharing options...
David Mack Posted May 22, 2014 Report Share Posted May 22, 2014 We're a private share too. But unlike most schemes where a share gets you exclusive use of the boat for specific allotted weeks, we are a bunch of friends who co-own the boat, and most boating happens with several of the owners on board. We do most of our own maintenance on the same basis too, with minimal involvement from the professionals. Link to comment Share on other sites More sharing options...
ditchcrawler Posted May 22, 2014 Report Share Posted May 22, 2014 Private is much cheaper. Our shareboat was managed. After a while, it began to feel a bit like the management company taking over, and thought of itself as a hire firm with all its capital costs paid by the 'hirers' (owners). They even chair the owners' meeting, which is crackers! And they have absolutely no incentive to get repairs done cheaply. As you can tell, I was a bit disgruntled by the majority decision to go with this company! That's very true, tell you when you can and cant pick the boat, what time to have it back by etc. mention you wont be coming back because you are handing over to the next OWNER in Gloucester dock and they start to steam. Picking up the boat at Hilperton tomorrow afternoon then heading towards Bath, Give us a wave if we pass Doh just looked at map, you're the opposite direction. edited for numptyness OK lots of shared owner boats there now, we saw both ex Challanger and ex Ownerships between there and Bath Link to comment Share on other sites More sharing options...
DustyDave Posted May 22, 2014 Report Share Posted May 22, 2014 What happens if you can't afford the maintenance fee for your share? Is it easy to sell your share? I like the idea but I've never known the details of ownership. Dave Link to comment Share on other sites More sharing options...
ditchcrawler Posted May 22, 2014 Report Share Posted May 22, 2014 Its a bit like selling anything. if you own a boat and can't afford to run it you have to price it to sell. Some syndicates have systems where they buy unwanted shares. Link to comment Share on other sites More sharing options...
Featured Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now