Does Yacht Management Include Yacht Maintenance?

If you are new to the boating world, owning a yacht can sometimes be an overwhelming experience. You need to acquire all the proper documentation, find crew and a captain to navigate your boat, if it is on the larger end, handle regular maintenance and repairs, as well as the relocation of the boat and any additional expenses it may accrue. These many reasons are why yacht management companies exist. They help you easily handle the management of your boat on your budget leaving you with much more free time so you can enjoy your yacht. Due to the broad range of services offered by these companies, you might wonder whether certain amenities, such as yacht maintenance, are included.

Do you need Yacht Maintenance in Your Yacht Management Plan?

This highly depends on if you want yacht maintenance to be included in your yacht management plan or not. If you have already hired a yacht management service, you might want to check in with the documentation or an agent from the company to know whether or not the service is included. However, if you are about to hire a yacht management company, you should be aware of how they operate, and ask questions! If yacht maintenance is something that you want included in your yacht management package, do not be afraid to ask if it is offered!

Should you include Yacht Maintenance in Your Yacht Management Service Plan?

While the specifics differ from company to company, most yacht management companies do offer yacht maintenance. First, the process usually consists of talking with an agent from the company, which helps you further elaborate on the different services you need the company to provide, while still staying within your given budget. Then, depending on their pricing, they can come up with a plan that is most suitable for you. With this in mind, if you want yacht maintenance included, you should directly discuss that with the company of your choice and consider whether or not the pricing is within your limits. Usually, yacht management companies don’t do the maintenance themselves, as they relocate the boat to third parties, performing the maintenance on the boat yard or marina rates, while charging you only for the additional resources needed for the relocation of the boat. Depending on your yacht management plan, this service can also be complimentary.

If you are looking for boats for sale, yacht maintenance is something you want to keep in mind as an additional expense. Being aware of all the different aspects of boat ownership that you need to fit into your budget is one of the best ways to not only make sure your boat is in tip top shape, but also ensure you are not spending money that you were not planning to spend.