I read a recent article highlighting an interesting piece of data. Apparently, the average yacht owner uses his or her yacht about 30-33 days each year. With 52 weeks per year (or 104 weekend days), that means people use their boat for about 30% of their free weekend time. This doesn't include vacations or holidays, which would make the percentage even lower.

One option to make the total cost/day of yacht use a bit lower is through entering your boat in a charter fleet. Granted, a boat in charter takes a lot more abuse and you don't always know who is maintaining it. But, it certainly reduces the cost of ownership by offsetting expenses with shared revenue.

I'm curious - has anyone done this? Do you have experience - good or bad - with this ownership plan? If we get enough feedback, we'll do a full article on the pros and cons of putting your boat in charter.

Drop me an email at editor@charterisland.com or post your comments below.