Hobson Bay Boat Share is a noncommercial, not-for-profit limited partnership run by a group of OBC (Outboard Boating Club) members to provide unique and affordable recreational boating opportunities.
This is a boat share scheme run in an organised manner by its participants. It provides the best opportunity to go boating in modern well-maintained boats without all the work of owning your own boat.
The main benefits of the scheme are:-
- Affordability
- Different boat sizes available
- Modern boats with planned replacement
- All maintenance organised
- All ownership costs included
- A depreciation and inflation fund for boat replacement
- Boat storage close to point of use
To participate in the boat share scheme, you pay a capital payment for a share in the scheme and the monthly operating costs which include all maintenance & operating costs, depreciation for boat replacement & Coatguard corporate membership. Fuel is the only additional cost.
This is a true ‘pay-as-you-go’ scheme. Owners in the scheme can also sell their share at any time, getting back their share of the boat value plus a share of the replacement fund.