How many people own the boat?
You will be the sole owner of the boat and have all the benefits of ownership without all the costs.
How much do I get paid?
Our Owner-Member program is designed so that you will receive a monthly payment that will allow you to defray a considerable portion of the monthly expense, up to the FULL expense of the vessel
Are there any tax advantages?
Typically, there are very advantageous tax advantages. Please investigate these with your CPA so that you can receive maximum benefit.
How long will Spinnaker Fractional keep my boat?
Spinnaker will professionally manage your boat for up to 5 years while you enjoy a free Spinnaker Fractional membership. This 5 year period is broken into a 3 year initial plan with two one year options.
Can I remove my boat from the program?
Yes, with 9 months notice, you can remove your boat from the program.
Who maintains the boat?
Spinnaker Fractional does 100% of the Maintenance.
Who pays the marina fees?
We Do!
Who pays the insurance?
This is paid by the owner but after the boat has 6 members, we are paying 100% the insurance fees.
What if the boat is damaged by another Member?
We will take care of it immediately and make sure that the responsible person covers the cost.
Can I see the Owner agreement?
Yes. Contact us. 415-543-7333
What are the specifications of my boat?
The Spinnaker fleet consists of 30 foot and larger sail boats. Each are equipped with virtually every available amenity and option. These boats are the perfect blend of comfort, ease of handling and good performance.
Do I get special scheduling privileges?
As an Owner-Member, you are guaranteed a Premier membership giving you 7 sail times per month, as well as unlimited as available use. This is more than the usual boat owner uses their boat on average.
Can I put my existing boat into the program?
We only put new boats into our program. This gives a consistent and excellent experience to all our Members worldwide.
What manufacturers do you work with?
We are very proud of our relationship with Beneteau, North America and Passage Yachts in Northern California.who are committed to providing a quality experience to Spinnaker Members and Owner-Members.
How do you handle irresponsible people on my boat?
The Membership Agreement provides for the removal of Members who abuse Spinnaker’s policies.
What is the down payment?
Typically you will put down 20% of the sales price.
Who arranges financing?
Beneteau and Passage can assist you with a finding financing company who can fast track your application through.
Can I meet the Members using my boat?
Spinnaker Sailing holds frequent social gatherings for Members. You’re welcome to join in.
How can I be sure my boat will be treated properly?
Spinnaker ensure's only qualified users are on your boat. Every new member is given ASA-certified training, as well as docking practice, boat systems review, and more on their membership boat. Additionally, each Spinnaker Fractional Member must sign a Care Commitment document, which ensures that they treat the boat as if they own it. Each Member is familiar with your boat’s operation and standards of care.
