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February 20, 2009, Newsletter Issue #112: Is Renting Luxury Better Than Owning?
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Tip of the Week
Buying a luxury boat is a considerable investment. In not only the initial purchase price, but also in crew, fuel, dockage, and maintenance. There is also the headache of dealing with this expensive boat if a major storm hits. Sometimes it’s actually better to rent a luxury boat. There are many companies that offer luxury boat rentals that retail for well over $2 million. If you are only interested in using the boat a couple of times a year, luxury boat rental may be a better option. If you were to wisely invest the multimillion dollar purchase price you could get the rental for free, plus some
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