AVERAGE BOATSETTER OWNER MADE OVER $4,600 U.S.D. IN 2018

Boat Setter

Jan 22, 2019

The average US boat is taken out onto the water just over 11 days a year. Yet owners pay for maintenance, dock or storage fees, and other expenses for all 365 days.

Savvy owners let their boats work for them and list with Boatsetter, the leading online peer-to-peer boat rental marketplace. It offsets the expense of owning a boat and can generate serious money. It’s so lucrative, last year the average owner made over $4,600 U.S.D. in rental income.

It’s not only for current owners. Many are using Boatsetter to subsidize the purchase of their first boat and even upgrade to a larger, more luxurious model. It can become so profitable, some entrepreneurial types are developing small rental fleets to maximize their income.

Boatsetter 2Boatsetter gets it: it’s not easy to let go. That’s why it places such an emphasis on safety and compliance. Owners have complete control over the rental price, days and times their boats are available and who can rent them. If the vessel is more than the average person can manage, expert USCG-licensed captains are available for hire by the renter to take the helm. And if the renter shows up and things don’t quite add up, the boat stays in its slip.

Once on the water, all eligible rentals are covered by best-in-class hull and liability protection and 24/7 on-water service. It remains the responsibility of the owner and the renter to ensure that all necessary and desired insurance coverage is in place for each rental.

Listing a boat is free and easy. After a profile is set up with some basic information and a few good photos, owners connect with pre-screened renters through the website or mobile app. Around-the-clock support is always available.

For more information visit: www.boatsetter.com.

Related Posts





Vote for Dorothy, BC’s Iconic Sailing Yacht, in the Classic Boat Awards 2024

CMRA

You are invited to support an historic, recently restored and refitted BC sailboat, Dorothy, by voting for her in a contest, the Classic Boat Awards 2024, run by the UK’s prestigious Classic Boat Magazine. The Maritime Museum of BC (MMBC), owner of this sleek, wooden vessel built in 1897, believes she’s the oldest sailboat in Canada. As she isn’t the only classic yacht in the running, you’re urged to go online and vote for her in the category of Restored Sailing Vessel under 40ft.

Read More




Need to Catch up on News This Week?

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you’re looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here.



Even more BALIs at BALI

CATANA GROUP launches its 14th BALI CATAMARANS model, the BALI 5.8, for the brand’s 10th anniversary! Always bigger, always more powerful, always more… BALI!

This time, the new BALI 5.8 is completing the range from the top down.

Read More


Water heater offers dynamic heat source choices

Hubbell-Marine Stainless steel outlet covers
Hubbell-Marine Stainless steel outlet covers

After a long day on the water, having ample supplies of hot water for multiple showers and meal preparation is a welcome luxury. The 1700 Series Marine Water Heater from Raritan Engineering was created specifically for marine use. With a proven long-life design, it’s available with a 115V AC or 240V AC heating element, and the option to include an innovative heat exchanger that uses the vessel’s hot engine coolant.

Read More