ABOUT FRACTIONAL LEASING
We started fractional leasing when Charlie noticed that the vast majority of boats in Monroe were floating idly at their cans, even on the most ideal summer sailing days. “Boats are expensive,” he pointed out, “there has to be a better way of sailing.” And there is…
Fractional leasing offers a new way of sailing that--for many sailors--is a vast improvement over individual ownership.
Cost: Owning and maintaining a keelboat is expensive. While leasesharing packages are not inexpensive, they offer an overwhelming fiscal advantage over ownership.
Work: Boats require a lot of work. Boat owners often spend more time maintaining their boats than actually sailing. Our customers simply head to the harbor and sail.
Flexibility: When you buy a boat, you are stuck with it. If you want a bigger boat next year, you have to sell the one you have. Leasesharing eliminates that barrier. If you liked the boat you sailed last year, you can sail her again. If you want to try something new, all you have to do is select a new model.
The equation is not the same for everyone, but an ever-larger portion of sailors are turning to leasesharing. Come see why those who prefer fractional leasing prefer to sail with Olson’s Classic Yachts.
Key to enjoying a season of fractional leasing is the scheduling system used to divide time on the boat between you and the other sailors who sail your boat.
We have spent the past twelve seasons analyzing how our customers like to use our boats and have gradually honed our scheduling system to most closely match the way you would like to sail.
At the beginning of the season, you purchase a plan for one of the boats. That plan comes with a number of credits that varies whether you buy a full or partial share. Whenever you reserve and take a sail on the boat, we deduct credits from your kitty. Other benefits of our system include:
•You choose the exact days you sail
•You can combine your days however you want; many of our sailors take the boats for occasional long weekend cruises
•You are able to use all of your credits on the weekend
•You can reserve two sails before the start of the season, the remainder can be booked according to a few simple and fair rules once the season begins on May 15th
•If a boat is not reserved within 72 hours of an upcoming weekday slot, you can reserve it for “free” up to 3 times per season (without using any of your sail credits)
•You can cancel a sail without losing your credits
•If, at the end of the season, you haven’t used all of your credits, they can be used again the following season
It really is that simple and it works because we only allocate 50% of the time available on our boats. At maximum capacity, we leave half of the days in the season unsold. We are the only leaseshare provider in the Chicago area that makes this commitment and it allows us to offer a sailing experience that offers unparalleled flexibility and value.