The feel of the cool breeze with a slightly salty spray on your face while your yacht sails away into the open ocean cannot be compared to any other feeling. The sense of freedom, while you are sailing in your very own yacht, is unparalleled. Hong Kong yachting is prevalent because of this very reason. Having your own yacht can give you that sense of freedom, but renting one can also do the same.
Choosing between buying and renting can be tough. Hence, we have compiled a list of advantages and disadvantages to help you compare between the two:
- Ease of finding a boat to rent
In the past, it has been tough to find a boat rental, which is why it was advisable years ago to buy your own boat to do away with the hassle of searching for a yacht to rent. However, with the advent of the internet, finding a yacht rental has been so much easier now than it had ever been.
- Yacht maintenance
When you own a yacht, you are in charge of making sure it is in its top condition for when you intend to sail away. Yacht maintenance also involves employing crews that are available whenever you want to use your vessel. This means even while you are not sailing; you have to keep your crew employed. You have the option of hiring freelancers that you can hire when necessary, but the problem is that they are not always available for your needs. On the other hand, the crew is included in the rental fees when you rent a yacht. There would be no need to keep them on retainer.
The cost comparison actually depends on how often you use your boat. Do you sail regularly? If so, then renting a boat is going to be more expensive for you in the long run. However, if you buy a boat, you can also use this investment to pay for its own by having it rented out.
Your decision depends on how much you will be using the yacht, and how much effort you intend to put forth in owning one. If you are up for the challenge of owning your own yacht, don’t hesitate to search for the yacht that you need as there are many listings available in Hong Kong at the moment.