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Expenses to Keep In Mind When Owning A Yacht Outright vs. Fractional Yacht Ownership -Saveene.com

Monday, 04 November 2019 01:20 PM

Saveene.com Inc

WEST PALM BEACH, FL / ACCESSWIRE / November 4, 2019 / There is no one that wouldn't love to own a yacht if they had money to burn. It's human nature to want the best things of life once it's within our affordability. However, when it comes to owning a yacht outright, we you've to consider the expenses involved. This will help you decide on whether to opt for a co-op yacht ownership or go ahead with solely owning one yourself.

For starters, you'll need to check on your financial capability to know if you're able to handle future expenses associated with sole yacht ownership. There are a lot of expenses that comes with owning a yacht outright. So, it's important you do your ‘homework' well, considering all the factors that comes with purchase of yachts.

Andrea Zecevic, President of Saveene.com said "The number one thing is how you finance your yacht purchase? How about insurance costs, and future maintenance costs? You may have the money to purchase a yacht on your own, but have you considered all the expenses involved? - storage fees, cost of refueling, docking fees, annual overhauls, maintenance and repairs, crew, etc. These are just some of the expenses to keep in mind when owning a yacht outright" .

If you know you may not be able to keep up with the running costs of owning a yacht yourself, or intent on keeping yacht expenses down, why not opt for a yacht share? There are companies that offer fractional yacht ownership, where you share the expenses of owning a yacht of your choice with other individuals. Saveene is a reputable management company that offers co-op yacht ownership.

In a yacht share, all expenses, from the purchase price to the running costs are shared equally between individuals that own the yacht. You don't have to worry about how to keep maintaining your luxury purchase.

Buying a yacht may be easy, but keeping up with the running expenses is another thing altogether. Regardless of whether you're buying a new or used yachts for sale, the running costs remain the same. Remember, you wouldn't be on the sea at all times. So, even the times when you're not using the yacht, it will still need to be serviced and maintained. Are you up for it?

Having a yacht is so much expensive than any home you can imagine. Annual operating cost can run up to millions of dollars, that is, excluding miscellaneous expenses. You don't want to purchase a yacht, and then end up not using it as much as you want, just because you couldn't keep up with the running expenses involved.

www.saveene.com offers affordable yacht share ownership in Florida. With Saveene fractional yacht ownership, you're sure of keeping yacht expenses down. Plus, you don't have to worry about management and maintenance - They take care of everything for you.

It would be good to own a yacht outright, if it's feasible for you. However, opting for a co-op yacht ownership gives you same luxury and leisure for a lesser cost. You'll still be able to embark on many exciting voyages as you deem fit.

Disclosure:

Information in this news release may contain statements about future expectations, plans, prospects or performance of Saveene Group that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Saveene Group cautions you that any forward-looking information provided by or on behalf of Saveene Group is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Saveene Group's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Saveene Group's control. In addition to those discussed in Saveene Group's press releases, public filings, and statements by Saveene Group's management, including, but not limited to, Saveene Group's estimate of the sufficiency of its existing capital resources, Saveene Group's ability to raise additional capital to fund future operations, Saveene Group's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Saveene Group's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Saveene Group does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

Contact:

Phone: +1 561 570 4301

Toll Free: 1 (855) 609 2248
Email: [email protected]
Web: http://www.saveene.com/

SOURCE: Saveene.com, Inc.

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Company Update
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