BoatTEST, a resource for boat testing and consumer education, has announced its new division, BoatTESTLEASING, which will market leases in new boats for their owners. The program is modeled closely after auto leasing.
“Surveys among our BoatTEST members indicate that American boaters are ready for boat leasing, as 43% say they are ready to lease a new boat and 75% say they will seriously consider it,” says BoatTEST Owner Jeff Hammond. “The way the program works is boat owners can lease out their boat by selling numerous leases to people looking for premium boats at a far less expensive cost than ownership. The costs of slip rental, storage, insurance and maintenance is then split among all the leasees. The lease terms will be for 48 months.
Owners of new, premium boats with fewer than 25 engine hours that meet the company’s guidelines of size, cost, quality and location may enroll their boats in the BoatTESTLEASING program. The program also allows boat dealers to participate.
For more information, visit boattestleasing.com.
