Boat Share

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I've been thinking about buying an old ASR boat and restoring it (as I'm sure many others have). It has slowly dawned on me that, no mater how I try, a 60 something foot boat project is more than one man (this man anyway) can handle.

There seem to be a lot of people out there interested in old boats but everyone else seems to have figured that they cannot do it on their own.

A solution would be a  boat share scheme where a group of like minded souls club together and buy & maintain an old boat. This would make it affordable, fun and everyone could enjoy and learn something.  By putting our hands in our pockets, it might even ensure commitment.

I know boat sharing has been done before but I'm not sure if a scheme like this has.  If course there would need to be all sorts of agreements / articles  etc drawn up and a hundred other things that need to be sorted out but it is possible.

My questions are:

1. Has anyone had experience of this type of ownership and could they offer any (positive!!) advice.

2. Is anyone interested in the concept. 

Thanks

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dgray Members Profile Send Private Message Find Members Posts Add to Buddy List Senior Member Joined: 24 November 2005 Location: United Kingdom Status: Offline Points: 580	Post Options Post Reply Quote dgray Report Post Thanks(0) Quote Reply Topic: Boat Share Posted: 06 February 2006 at 5:28pm
	I've been thinking about buying an old ASR boat and restoring it (as I'm sure many others have). It has slowly dawned on me that, no mater how I try, a 60 something foot boat project is more than one man (this man anyway) can handle. There seem to be a lot of people out there interested in old boats but everyone else seems to have figured that they cannot do it on their own. A solution would be a boat share scheme where a group of like minded souls club together and buy & maintain an old boat. This would make it affordable, fun and everyone could enjoy and learn something. By putting our hands in our pockets, it might even ensure commitment. I know boat sharing has been done before but I'm not sure if a scheme like this has. If course there would need to be all sorts of agreements / articles etc drawn up and a hundred other things that need to be sorted out but it is possible. My questions are: 1. Has anyone had experience of this type of ownership and could they offer any (positive!!) advice. 2. Is anyone interested in the concept. Thanks
	Don Only a number, not even a name. How shall posterity hear of thy fame?

Christian Members Profile Send Private Message Find Members Posts Add to Buddy List Senior Member Joined: 17 June 2005 Location: Gibraltar Status: Offline Points: 775	Post Options Post Reply Quote Christian Report Post Thanks(0) Quote Reply Posted: 06 February 2006 at 9:04pm
	Hi Don My brother Michael was until recently a member of a group of eight like minded folk who between them owned a Tripp racing yacht.This was used for racing and was a relatively low maintenance plastic (yuk) boat.They had all agreed to buy it between them and share the expenses and maintenance,but it all came to an end when only a couple of them were willing to carry out simple maintenance tasks and check her during storms etc.She was sold and the story ends there,but the lesson was that hands-on types should only mix it with more well to do proffessional types if they are willing to contribute to maintenance by hiring people to do the things they can't.On the other hand my retired 81 year old dad owns and maintains his HDML,MA/SB and RTTL very well all by himself,but I think this must be the exception to the rule!

dgray Members Profile Send Private Message Find Members Posts Add to Buddy List Senior Member Joined: 24 November 2005 Location: United Kingdom Status: Offline Points: 580	Post Options Post Reply Quote dgray Report Post Thanks(0) Quote Reply Posted: 06 February 2006 at 9:31pm
	Hi Christian, Agreed. Always the way I'm afraid but there must be ways around this. Perhaps built into the charter where guys with money & no time pay up for hours missed on maintenance (or pay for others or yard to do it). I think a system like this needs both types of people to work. It's striking a balance that is important. In the morning I'd love to buy 2753 as she is a beautiful boat. I've sold a little boat and could probably afford to buy her but that is the easy part. Engines/paint/nav gear/batteries/fitting out........ add another £20-30k. Still not a lot for a boat like this but getting really expensive for one chap. Then there is insurance and mooring - about £5k per annum plus running maintenance of another £5-10k. Maybe more if boat is overseas and yard is doing maintenance. Even then a wooden boat needs maintenance and care. And a crew to enjoy her. She is too big for one or 2 people to manage and maintain. That's why I got the little ST to restore. I'd say 10-12 people would be ideal. If enough people were interested I'm sure it could be done. Look at Medusa and the commitment those guys have. And lets face it, the idea of an ST, MTB or RTTL would not be our wives or partners idea of a sleek yacht! Getting time aboard might be difficult!! Money, commitment or preferrably both! Now, the next lottery is Wednesday......
	Don Only a number, not even a name. How shall posterity hear of thy fame?

a76njk Members Profile Send Private Message Find Members Posts Add to Buddy List Newbie Joined: 24 February 2006 Status: Offline Points: 24	Post Options Post Reply Quote a76njk Report Post Thanks(0) Quote Reply Posted: 24 February 2006 at 3:21pm
	Hello all, Mentioned above is RTTL 2753. Where is she, what sort of condition is she in and how much does the owner want for her? This is the type of boat that I may be looking for myself. Cheers, A76NJK

Christian Members Profile Send Private Message Find Members Posts Add to Buddy List Senior Member Joined: 17 June 2005 Location: Gibraltar Status: Offline Points: 775	Post Options Post Reply Quote Christian Report Post Thanks(0) Quote Reply Posted: 24 February 2006 at 3:30pm
	Hello,erm..A RTTL 2753 is in Gibraltar.Bare,original,sound except work to be done on planking next to gunwhales.Price £10k,I put a pic of her in Where are those boats now topic,HSL 2745 post.Otherwise see many more pics of her and others on my www button below.

2772e Members Profile Send Private Message Find Members Posts Add to Buddy List Newbie Joined: 14 May 2005 Location: United Kingdom Status: Offline Points: 15	Post Options Post Reply Quote 2772e Report Post Thanks(0) Quote Reply Posted: 11 April 2006 at 3:01pm
	David, I have been watching the story of the RTTL unfold. I would love to put my hand in pocket and join forces to ensure this vessel is saved and put to good use.I sold my boat last year, due to young kids and would love to get back onto the water.I have had a crazy interest in RTTL's for the last 25 years ever since a visit to RAF Hendon as a boy.If you get enough interest i would be happy to join you. Might be worth trying for a grant to restore a part of British history. Please keep me in the loop

dgray Members Profile Send Private Message Find Members Posts Add to Buddy List Senior Member Joined: 24 November 2005 Location: United Kingdom Status: Offline Points: 580	Post Options Post Reply Quote dgray Report Post Thanks(0) Quote Reply Posted: 11 April 2006 at 3:48pm
	Hi, It certainly would be interesting to do if enough people were involved ands interested. It would obviously need a lot of planning and money to get it afloat and based in the UK. It would be great if anyone interested in a boat share scheme (not necessarily this one) would put a reply up here so interest could be gauged. Cheers Don
	Don Only a number, not even a name. How shall posterity hear of thy fame?

Christian Members Profile Send Private Message Find Members Posts Add to Buddy List Senior Member Joined: 17 June 2005 Location: Gibraltar Status: Offline Points: 775	Post Options Post Reply Quote Christian Report Post Thanks(0) Quote Reply Posted: 11 April 2006 at 4:07pm
	Hi Guys Can't join in as I'm too far away,but I can supply the boat.My dad has just told me he'll let RTTL 2753 go to an enthusiast (or a group of enthusiasts) for a song,try him with an offer of around £6,000.00.The boat has been worked on for the last year and is now looking a lot better(I'll post a recent pic tonight) it may well be worth your while to find out how much it would cost to have her shipped over(try Peters and May).She still has no engines but as far as I know the Mermaids are still available for a similar figure,they could be craned into the boat and chocked securely for the trip,then installed properly once there.The boat really is very clean and sound,just the upper edges of the topsides planking would require a shipwright to fix,the rest is all DIY-able. Edited by Christian

Christian Members Profile Send Private Message Find Members Posts Add to Buddy List Senior Member Joined: 17 June 2005 Location: Gibraltar Status: Offline Points: 775	Post Options Post Reply Quote Christian Report Post Thanks(0) Quote Reply Posted: 11 April 2006 at 6:02pm
	Recent pic as promised Edited by Christian

dgray Members Profile Send Private Message Find Members Posts Add to Buddy List Senior Member Joined: 24 November 2005 Location: United Kingdom Status: Offline Points: 580	Post Options Post Reply Quote dgray Report Post Thanks(0) Quote Reply Posted: 11 April 2006 at 6:10pm
	Hi Christian, She looks good. Do you have any photos of damage and/or the interior? I'd certainly be interested if any others were in buying her & bringing her back. Anyone interested in forming a group, my number is 07785 232346. Regards Don
	Don Only a number, not even a name. How shall posterity hear of thy fame?