All,
This is going to be weird for 99% of you lads, but here goes.
I am a young kid and lucky enough had money to buy a P40 and sail from Newport, RI to the Marquesas. Am going to sail to Australia or Fiji, maybe NZ for year-end and then want to go back to work in NY. I have the money to keep sailing for many years but I miss work, it's that simple.
I have always been disappointed by the fact that there are few young people cruising. I think it is due to the fact that it is too expensive. I therefore would like explore the possibility of offering my P40 for a season, or a few seasons, in the Pacific, to a young man/ girl or couple. I would ask for no payment, except for a return of the yacht at the end in US waters (West Coast presumably) so that I can sell her. Obviously, the people I'd freely lend the yacht to would have to maintain her, repair whatever they break and take out full insurance for total loss. Classic and nothing short of what a responsible person would do with their own Yacht.
Am I nuts or is this something that you think could work?
And where do I find these trustworthy people who'd sail and maintain my yacht as if it was theirs?
Kind regards to you all & thanks in advance for guidance/ help.
JP
if she was my vessel and I had a change of heart, I would sell her in Australia or ship her back to the US and sell here or put her in Three Mile Harbor in east Hampton, and use her on the weekend when you get back to NYC. the cost to ship will be less than the depreciation related to someone who has no equity in the game. Remember, the vessel originally came from the factory in Taiwan to the East Coast on a ship so I am sure that can be arranged again if you do not feel comfortable selling her in Sydney. From a financial perspective, I think sale in Sydney is your best bet and 2 years of rent free use /free a transport back to the US is the worst.
BTW, if you are tired of varnishing and you own her, I just cannot imagine what a stranger with no equity would do/not do.
Regards,
Bob