Leasesharing: The Intelligent Way to Sail Lake Michigan

You don’t have to spend tens of thousands of dollars buying a boat and getting it ready for the season. You don’t have to hunt for a suitable mooring or a place to store your boat in the winter. You don’t even have to invest the time and effort necessary to maintain it. Seasonal leasesharing is the intelligent alternative to ownership. You get ownership enjoyment free of ownership drudgery at a fraction of the cost of buying and maintaining a comparable yacht. At the end of the season you can walk away with no further responsibilities. If you want to try a different yacht next year, you don’t have to find a buyer for your boat.

Let Others Share Your Costs

How is this made possible? All you have to do is drive by any harbor and notice that at any one time you’re likely to find ninety percent of the yachts sitting idly in the harbor! Even on the busiest of summer weekends you’ll probably find far more boats in the harbor than out on the lake. In other words, people buy expensive boats and then can’t find the time to sail them often enough to make their investment pay off. Seasonal leasesharing is the answer to that problem.

The cost of owning a yacht is closely related to mooring, maintenance, storage and financing charges, but not to the number of days actually sailed. Most yachts spend far more time in the harbor than under sail. So there’s plenty of idle time to share with others. With seasonal leasesharing you let them pay for time your yacht would otherwise sit idle in the harbor, thereby greatly reducing your cost per sail.

Less Hassle and More Time Available for Sailing

At Olson’s Classic Yachts we find the sharpest, best looking and performing yachts in popular sizes and in the value ranges you might realistically consider if you were going to buy a yacht. Then we find other leaseshare captains to share time with you and dramatically reduce your cost. You don’t have to find the partners, you don’t have to find the yachts, you don’t even have to do the drudge work of keeping your boat in top condition. And you don’t have to invest capital in a declining asset-value yacht.

More Boat for Your Sailing Dollar

With leasesharing your money really goes further. Whichever yacht you choose, your seasonal leaseshare charge will probably be less than what you’d have to pay for insurance and the Chicago Park District mooring charges alone! But there’s another advantage, too.

When you leaseshare from us, the dollars in your sailing budget stretch to allow sailing a larger yacht than ownership would permit. Instead of owning a 22 foot sailboat with outboard, you could be sailing our Catalina 27 with 30 h.p. inboard engine and an enclosed marine head. And for the money you would spend owning that 27 foot boat, you could be sailing our Islander 36!