Purchasing a new boat by Leasing, whether in Italy or other countries in the European Community offers sizable advantages, including economic ones.
One of these is lowering VAT from the standard 20% to the special rate of 6%, with a series of percentage discounts depending on the type and length of the boat.
Leasing is not an advantage when it comes to used boats, because if VAT is not applicable (and it rarely is), the rate should be increased by the tax, in turn, increases the cost of the operation.
When, however, the used boat being sold is already part of a leasing contract, the most convenient option is certainly to take over the existing contract rather than paying outright.
In many cases, the contract may be renegotiated to find the most suitable financial plan for the new shipowner.
There are, however, different ways to enjoy a Superyacht, and each of them offers advantages and different conditions.
A lease is not without its difficulties. You must adhere strictly to the terms of the lease regarding the use of the boat, its maintenance, and other terms of the contract.
Before choosing to buy or lease a boat, it’s essential to know the pros and cons of both methods of owning the watercraft of your dreams.
Experiences are the new ownership.
The experience of sailing on a superyacht is not related to the property, but the satisfaction. The pleasure is knowing that you are on board a magnificent boat and that there is a top professional team who ensure that everything, absolutely everything, works perfectly.
The marine industry, in general, is increasingly under threat from a declining number of boat buyers. While baby boomers may still be buying, and buying increasingly larger yachts, such owners are not being replaced.
When it comes to boats, cars, houses, or smartphones, the millennial generation is less likely to buy anything. Instead, they seek instant services, quick thrills, and the ability to share their experiences easily. An economy that has exploded thanks to services such as Airbnb and Uber.
“There is a whole new generation who wouldn’t think of buying a boat, but they are using the sharing economy all the time and are hungry for new experiences,” explains Matt Ovenden, founder of Borrow a Boat, one of the rapidly growing P2P yacht renting rental platforms.
Sharing economy on the rise.
An excellent example of the sharing economy in the sailing sector is GetMyBoat.com.
It runs from 2013. The online platform allows boating enthusiasts to be able to rent a range of boats from kayaks to luxury yachts without suffering the costs of ownership.
The average vessel use is around only 8% of the year. With GetMyBoat, owners can make having a yacht more affordable by using it to earn some income on the side.
GetMyBoat co-founders Sascha Mornell and Rafael Collado asked themselves, ”How can more people gain access to great boating experiences for less?” A few years later and with the emergence of the sharing economy, Sascha and Rafael launched GetMyBoat.
Today, the company has 130,000 listings in 184 countries covering 9,300 destinations. GetMyBoat has rentals in Mexico, the U.S., Canada, France, Holland, Colombia, the United Arab Emirates, and many more countries.
Undoubtedly, what matters is enjoying the sea admiring the horizon from the deck.