BOATSETTER OWNERS RENT THEIR BOATS AND MAKE MONEY

Dec 4, 2018

The average boat owner never wants to do the math: adding up all the seasonal expenses and dividing by the number of times the vessel was used. Boatsetter owners calculate differently. They factor in how many times they rented their boats and ink the bottom line in black, not red. And with 250,000 registered Boatsetter users, there’s a lot of money to be made.

Boatsetter is the online marketplace that brings together people who enjoy being on the water. Renters connect with owners and licensed captains to plan their adventure. With boats in over 600 locations, it makes boating easy and accessible to anyone.

It’s hard to let go, but Boatsetter makes it easy for American boat owners to turn over the keys to their babies knowing that they’ll be well taken care of. After listing their boats for free, they control who they rent to and for how much using the web interface or mobile app. Much like Airbnb, comments, reviews and a thorough vetting process ensure transparency. Best-in-class Geico Marine insurance and Boat US Towing on-the-water support cover the entire rental period and provide peace of mind. If the owner or renter prefers a professional skipper, Boatsetter has a network of over 1,000 USCG-licensed captains.

Fuel, slip fees and maintenance add up. Boatsetter subsidizes the cost of boat ownership and makes it more affordable. In fact, last year the average owner generated over $9,700 in additional income—one, over $40,000. For many, it’s a path to boat ownership. It allows them the means to own a boat they couldn’t otherwise afford or move up to a larger vessel.
A hidden benefit of listing on Boatsetter is that it ensures the boat will get used. Engines are run and onboard systems cycled. This is an important routine maintenance item that doesn’t get done on boats that sit idle for weeks on end.

Fort Lauderdale-based Boatsetter is the world’s leading boat sharing platform. It enables anyone to enjoy almost any type of water experience they desire—cruising, active water sports, fishing, sailing and cruising—regardless of experience. Founded by seasoned industry veterans, it is changing how people own and use boats.

Learn more at: www.boatsetter.com