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Membership vs Ownership


Membership

Seawake offers three 12 month membership options:

Annual Membership

Unlimited use of the boats year round

  • Bronze - £1,995 per year; UK locations, boats available up to 150hp and 6.5m in length
  • Silver - £2,995 per year; UK locations, boats available up to 250hp and 9m in length
  • Gold - £7,995 per year; Any boat in any location including all European locations
There is NO joining fee but members need to hold the RYA Power Boat Level 2 Certificate and to use any boat in any European location a valid ICC (International Certificate of Competence).

The membership Fee includes all 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 (Bronze) £1,995.00 £1,995.00 £1,995.00
SAVING £8,005.00 £6,755.00 £5,955.00