Membership vs Ownership
Membership
Seawake offers two membership options:
- Annual Membership - unlimited use of the boats year round
The annual membership fee is £2,940 per year - £245 per month. There is NO joining fee but members need to hold the RYA Power Boat Level 2 Certificate.
- Seasonal Membership - April to September - 6 months summer use of the boats
The seasonal membership fee is £2,070 - £345 per month. There is NO joining fee but members need to hold the RYA Power Boat Level 2 Certificate.
The membership Fee includes unlimited use of Seawake's fleet of boats in any Seawake location, life jackets and a selection of water skis, wake boards or towable 'toys', all insurance, servicing, maintenance, storage-in fact everything except for the actual fuel you use.
For full details of the costs, please see the Terms and Conditions page.
Ownership
Say you bought a similar boat to one in our fleet:
Boat Cost £25,000.00
Let's assume that you buy the boat outright so we are only concerned with loss of interest if you had this money saved and not any HP or finance purchase cost.
| Annual costs | Year 1 | Year 2 | Year 3 | |
| Loss of Interest (@ 5%) | £1,250.00 | £1,250.00 | £1,250.00 | |
| Depreciation (@ 20%) | £5,000.00 | £4,000.00 | £3,200.00 | |
| Storage/berth | £1,500.00 | £1,500.00 | £1,500.00 | |
| Insurance | £750.00 | £750.00 | £750.00 | |
| Servicing etc | £1,000.00 | £1,000.00 | £1,000.00 | |
| Equipment (life jackets, etc) | £500.00 | £250.00 | £250.00 | |
| Total Cost of Ownership | £10,000.00 | £8,750.00 | £7,950.00 | |
| Annual Seawake Membership | £2,940.00 | £2,940.00 | £2,940.00 | |
| SAVING | £7,060.00 | £5,810.00 | £5,010.00 | |
Contact Details
Phone: 01248 716335 or Email: info@seawake.co.uk or request a Callback