Buying your own boat can be one of life's greatest achievements, but this leisure pursuit can quickly become far more expensive than planned, since the costs of maintaining a vessel are high even when it is not being used. Research suggests that maintaining a boat costs, on average, 10 to 20% of the purchase price per month. Marina fees, fuel, maintenance, and taxes are just a few examples of the expenses included in that sum.
While those numbers may seem daunting, one alternative that has proven very attractive for reducing the impact of these costs is the sharing economy. It may sound like a new concept, but it is exactly what Airbnb has been doing with property owners around the world: connecting those who have a home available for rental with those looking for short-term accommodation. Over time, this has become not only a source of extra income but also an investment opportunity -- but that is a topic for another post.
Today we want to show how the ever-growing demand from people who want to enjoy experiences on the water without the commitment of owning a boat has created a highly profitable opportunity for those who already have one.
It may seem like a daunting idea at first, but let us walk you through several reasons why listing your boat for rental can be a smart choice.
Generate extra income:
This is undoubtedly the top advantage! Beyond simply offsetting and covering maintenance costs, with a well-organized schedule you can actually earn extra income and turn a profit. When you list on the Voguer app, you set the prices and decide when the boat will be available for rental. Everything is done free of charge, with complete freedom to adjust pricing based on demand and seasonality.
Maintain and improve your boat:
Regular use is good for a boat's health. Renting ensures that the vessel is kept in better condition, since regular use prevents problems caused by long idle periods. In addition to minimizing scheduled maintenance costs, the extra income from rentals can also be reinvested in the boat for upgrades and improvements.
Build a community of sea lovers:
Renting your boat helps build a community of sailing enthusiasts. You give others the chance to fall in love with the sea and can even connect with them, creating a group that shares the same passion.
How to list your boat:
Convinced to list your boat but not sure where to start? Do not worry, we will guide you through the process.
1 - Check your boat's condition:
Make sure your boat is in perfect shape, equipped with all necessary safety devices, up-to-date maintenance, and valid insurance.
2 - Download the Voguer app:
Start by downloading the Voguer app and creating your account. Just tap the button below:
3 - Access the advertiser area:
Go to the advertiser section within the app, submit your request, and wait for approval.
4 - Create your listing:
Once your registration is approved, create a comprehensive listing for your boat with all details and photos. You can define routes and add extra services, generating even more income beyond the rental fee. With all the information filled in, your boat will be visible to thousands of customers on the Voguer platform.
Now that you are ready to monetize your boat, do not waste any more time -- download our app and discover a new world of opportunities with Voguer!
