Buying a boat vs co-owning one in Miami

Owning a boat alone gives you total freedom, and total responsibility. Co-owning gives you the same boat and real equity for a quarter of the price, and we run it for you. Here is how they compare on a real boat.

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Side by side

	Buying alone	Galenne
Upfront	~$218,000 for a 2022 Saxdor 320 GTO	$54,500 for a 25% share of the same boat
Running costs	~$4,150/mo (~$49,800/yr): dockage, insurance, maintenance, cleaning, management	$1,350/mo ($16,200/yr) per owner
Who runs it	You: marina, repairs, cleaning, insurance, paperwork	We do. You book your day and show up
Depreciation and repairs	100% yours	Shared four ways
Days on the water	Whenever you want	~90 days a year per share
Equity	100% of the boat	25% of the LLC that holds the boat, resellable
Best for	Hands-on owners out most days	Families out most weekends who want ownership without the second job

Solo figures are estimates from the boat's real operating budget, counting only a quarter of the yacht management fee. Insurance assumes $1M liability cover, about 4% of the boat's value a year.

The numbers over 5 years

Buying alone~$467,000$218,000 boat + ~$249,000 running costs.

Galenne, 25% share$135,500$54,500 share + $81,000 running costs.

Fuel extra in both cases. Before resale value of the boat or the share.

Where buying alone is the better choice

Buy alone if

You would use the boat 150+ days a year.
You want to customize it and decide everything.
You enjoy managing the boat yourself.
You want it available any day, with no sharing.

Choose Galenne if

You go out most weekends, not every day.
You want a better boat than you would buy alone.
You do not want to manage marinas, repairs and insurance.
You want real equity at a quarter of the price.

The gap Galenne fills

Clubs and charters are great for occasional days out. Owning alone is right for people who live on their boat. In between there is a growing group: people who go out often, want a slightly bigger and better boat, and want the same boat at the same marina every time, without club-style booking limits and without the cost and hassle of owning alone.

Bigger, better boats. 25 to 32 ft boats like the Saxdor 320 GTO, shared by four owners.
Always your boat. Same boat, same marina, set up the way the owners like it.
Real time on the water. Around 90 days a year per 25% share, booked in the Galenne app with weekends and holidays rotated fairly.
We handle everything. Dockage, maintenance, cleaning, insurance and LLC admin, for one monthly contribution.
Real equity. You own 25% of the LLC that holds the boat, and you can sell your share.

Frequently asked questions

Why not just buy a boat?

If you are on the water most days and enjoy managing a boat, buying alone can be the right call. Most owners use their boat around 30 days a year, so they pay 100% of the cost for a boat that sits idle most of the time.

Do I still own something?

Yes. You own 25% of the LLC that holds the boat's title, and you can sell your share. Depreciation and repairs are shared four ways instead of being 100% yours.

How many days do I get?

Around 90 days a year per 25% share, booked in the Galenne app. That is more than most solo owners actually use.

Who decides how the boat is run?

The operating agreement sets the rules and the annual budget. Galenne and the yacht manager run the boat day to day, so you never have to.

Can I buy more than one share?

Yes. One buyer can hold more than one 25% share of the same boat, for more days on the water.

More comparisons

vs Freedom Boat Club vs Chartering

Galenne share prices exclude Galenne's acquisition fee, closing costs and applicable Florida taxes. Fuel is billed by use. Third-party figures are published prices or typical ranges and may change.