Boat charter vs co-ownership in Miami

Chartering is the easiest way to spend a day on the water: no commitment, captain included. Co-owning is for people who want that day often, on a boat that is theirs. Here is the honest math, using the same boat.

See the boats Get an honest recommendation

Side by side

	Charter	Galenne
What you pay for	Each day you go out	A 25% share of the boat, plus a monthly contribution
Price example	$1,700 for 6 hours on a 2024 Saxdor 320 GTO (Boatsetter, Oct 2026), before platform fees	$54,500 share of a 2022 Saxdor 320 GTO + $1,350/mo per owner
Captain	Usually included	Drive it yourself after sign-off, or book a captain
The boat	Different boat, different owner, subject to availability	Always the same boat, set up the way you like it
Booking	Book and pay per day, best dates go fast	~90 days a year per share in the Galenne app
What you own	Nothing	25% of the LLC that holds the boat, which you can sell
Best for	A few special days a year, visitors, trying boats	People who want to be out often, on their own boat

The numbers, on the same boat

Charter, 20 days a year~$34,000/yrNothing to show for it at the end.

Galenne, 25% share$16,200/yrPlus fuel, after a $54,500 share you can later sell.

Charter, 5 years at 30 days~$255,000At $1,700 a day.

Galenne, 5 years$135,500$54,500 share + $81,000 running costs, and you still own the share.

Charter: Boatsetter listing, Miami, Oct 2026, captain and fuel included, platform fees extra. Galenne: 2022 Saxdor 320 GTO at Rickenbacker Marina, fuel extra.

Where charter is the better choice

Charter if

You go out a few times a year.
You want a captain and crew every time.
You want a different boat or place each time.
You do not want any commitment.

Choose Galenne if

You would go out 15 days a year or more.
You want the same boat at the same marina.
You want to drive the boat yourself, or sometimes with a captain.
You prefer building equity to paying per day.

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

How many days make co-ownership worth it?

On our numbers for a Saxdor 320 GTO, chartering 20 days a year costs about $34,000. A 25% share costs $16,200 a year to run plus fuel, after a $54,500 purchase you can later sell. If you go out more than about 10 to 15 days a year, co-owning usually works out better, and you keep the asset.

Is a captain included?

Most charters include a captain. With Galenne you drive the boat yourself after a sign-off from a Galenne captain, or book a captain for any trip.

What if I only go out a few times a year?

Then charter is probably the better choice, and we will tell you so.

Can I bring friends and family?

Yes. It is your boat for the day, within the boat's legal capacity.

Is fuel included?

Charter prices often include fuel for a set route. With Galenne fuel is billed by use, at cost, and everything else is covered by your monthly contribution.

More comparisons

vs Freedom Boat Club vs Buying alone

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.