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:

Related Posts

Princecraft Boats upgrade their facilities with an investment of over $4 million for the addition of a powder coating line


Princecraft boats on April 17, 2024, announced to their employees, a major investment in one of their three Princeville plants, which will include the installation of high-tech powder coating capabilities. The nearly $4 million upgrade marks the largest investment in Princecraft facilities since the early 2000s and will improve operational efficiency, product quality and better poise the company for response to demand.

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.

The Hydrobike, a key concept that embodies a vision for the future

DECATHLON, determined to erase the boundary between land and water, introduces its latest forward-thinking concept: the HydroBike. This innovation from the French sports giant aims to democratize access to nature while staying ahead in the transformation of their business model. 

The initial assessment: paddle sports are often inaccessible to less experienced individuals, assuming the acquisition of paddling skills.

Read More

ACR Electronics emergency beacons are designed with one purpose: to save lives.

Hubbell-Marine Stainless steel outlet covers

An all-encompassing and dependable set of vital resources, ACR GlobalFix V5 AIS RLS EPIRB Survival Kits ensure security and survival in waterborne emergencies. The most advanced EPIRB (Emergency Position Indicating Radio Beacon) available, the ACR GlobalFix V5 EPIRB combines 406 MHz satellite connectivity with Automatic Identification System (AIS) functionality.

Read More