Aluminum is known as one of the leading materials shaping the automobiles of the future. It is strong, durable, and has a fine appearance that makes it a popular choice. Aluminum is good for the manufacture of luxury vessels, leisure boats, workboats, patrol boats, fishing vessels, and car ferries.
An aluminum boat is a boat that is built using nicely constructed heavy-gauge aluminum. It is strong, durable, and serves the need efficiently. Most companies that operate onshore prefer to lease aluminum boats due to the convenience and ease of maintenance.
While leasing a boat may be a good option, there are certain factors to put into consideration. Also, the leasing company decides the criteria for companies and individuals to lease their boat. If you stay in Campbell River, you can go to EagleCraft Leasing to get more information on how to go about this process.
4 Benefits of Leasing a Boat
The following are some benefits of leasing a boat:
Boats generally come with a high price tag. They are also very difficult to maintain so it is a better decision to lease rather than buy one. Just like homes and cars require routine maintenance, boats also need it to be in good shape for passengers and vessels.
When you rent a boat, you are provided with all the equipment needed to have a safe sail. The experience is even more interesting as you do not have to worry about any other thing once you have made payment.
With this arrangement, you can have access to different boats. This is unlike buying one which invariably commits you to that particular make and model. However, with a rental, your company can have access to different models each time they rent.
You will find that there are different boats available and making a choice is dependent on the need at the moment. If you intend to convey a large number of passengers, you can go for a boat with adequate provision for passengers.
You can get to know more about different kinds of boats available.
3# No Regrets Attached
One of the regrets boat owners have to deal with it is the inability to use their vessels as much as they would have loved to. On average, they take out their vessels on the water for 14 days a year. However, rentals are based on the number of hours the vessel will be on the water.
This payment arrangement is different from when you own a vessel as you have to keep paying even when it is idle. With this, while most vessel owners have to deal with regrets when they are not using their ship, renters have none.
4# Boats Depreciate
Most people invest their funds in real estate due to its capacity to generate a good ROI. However, the same cannot be said about boats. This is because they record a high level of depreciation and loss of value within a short while, just like cars.
A ship’s value is majorly determined by the number of hours its engine is in use. If it is not used regularly, the value will reduce. Renting one eliminates the inconveniences attached to reselling a devalued ship.
4 Requirements for Renting a Boat
The following are some of the requirements:
Payments for all ships are made in advance. Lessees are required to do this before the month of the lease. They are also required to use post-dated cheques to cover their payment. Finally, a security deposit is required once a lease agreement is signed.
For liability insurance, some companies require minimum insurance coverage of $4,000,000 which includes liabilities covering 4/4ths of the total rundown clause. This coverage must be in place before the commencement of the lease and you must provide proof of policy.
It is also important that you learn more about marine insurance as it will guide you in the negotiation stage. For more information about marine insurance, you can read this article.
3# Excess Hour Charges
Extra charges are placed per hour for usages (hours) that exceed 100 hours in a month. Reduced hour or excess hour packages depend on the leasing company. You can find out the available packages and go for the one that meets your needs.
The delivery of a boat to a particular destination by the leasing company can be done for an extra fee. You can negotiate with the company to achieve the best arrangement that suits your needs. Note that after usage, you have to return the vessel to the company’s destination with the fuel tanks filled. The cost of delivery is also covered by the lessee.
How to find a Good Company that Leases High-Quality Aluminum Boats
Here are some tips to guide you:
1# Check Online
If you are looking to lease a boat, start by checking out options available on the internet. There are several companies that have websites where prospective lessees can access their services. You can check out options that are in your region to know the best one to use.
Before choosing a company, ensure to find out the value of their boats. A good way to do this is to read reviews by other customers who have previously used their services. While reviews may be an ideal way to find out about a company’s services, you need to be careful with it.
This is because there are some companies that generate fake reviews to deceive unsuspecting members of the public. If you do not know how to go about this, you can read articles explaining how to identify fake reviews for assistance.
2# Use Referrals
There are people around you that may have used the services of a boat leasing company. You can reach out to the management or some employees to recommend reputable companies that you can use. Also, note that you have to subject the recommendations to scrutiny.
Boat leasing is simple, convenient, and cost-effective. You can easily get to your destination with any boat of your choice without incurring the huge expenses that come with ownership. We have discussed some of the tips you may need to lease one as well as methods to use when searching for a good company. Please feel free to check them out.
Author: Antoinette Navarro