Chartering is a way of paying off someone else's debt. Charter guests gamble on the condition of the boat and the quality of service they receive. Either one of these could make your expensive vacation miserable. Nine years ago I developed the Monocle Fractional Yacht Program to satisfy the needs of a yacht enthusiast who objected to the wasteful costs of chartering. This is a smarter alternative to yacht chartering that doesn't waste your money and gives you the security of receiving the full yachting experience without the anxiety of sole ownership. It works because you combine the best of both worlds. You only purchase the portion you intend to use in the waters you want, pay a small share of her total operating expenses, and retain the ability to sell your share at any time receiving the residuals. In addition to all the monetary advantages of Fractional Ownership you also have the guarantee of OWNER CERTAINTY.

-- Dr. Loren Simkowitz, President

WHY CHARTER (RENT)
When you can own for 1/3 the cost and have CERTAINTY

THE MONOCLE FRACTIONAL YACHT OWNERSHIP PROGRAM IS THE NEW SMART ALTERNATIVE TO CHARTERING

This sheet reflects a brief but important financial comparison of chartering a yacht over a five year period vs. making a one time fractional purchase in a yacht that is completely outfitted with all the amenities and features that you would want if you were purchasing a whole yacht for yourself and your family.

It is designed to illustrate why fractional ownership is financially superior to renting. The concept of chartering is one of carefree yet expensive vacations on someone else's unused toy and until now has been the only accepted choice to enjoy the yachting experience.

Monocle's Fractional Program allows you all of the same carefree benefits of chartering along with the pride of ownership and resale residuals at a fraction of the cost.

So, why rent and pay off someone else's assest when you can own a yacht for 1/3rd the cost?

CHARTER SCENARIO:

FRACTIONAL OWNERSHIP SCENARIO:

     Purchase a 10% fractional unit in a brand new 4.75M 100' fully
     loaded 4 stateroom yacht.   Your total purchase price $475,000.
     Use it 4 weeks annually or receive the charter income.
          - Your estimated annual fractional share of the
            operational expenses and reserves: $40,000
            (based on a total annual expense of $400,000)
          - Upon resale at anytime, you receive the residuals.
          - If you finance 80% of your purchase price of
            $475,000 and pay your annual share of the
            operating expense, it is still 1/3 the cost of chartering.

THE PROOF:

Down payment 20% ($95,000) of the $475,000 purchase price.

Finance the $380,000 balance @ 6% interest, which is tax deductible.

$314,000 (fractional ownership cost)
vs. $920,000 (chartering cost)

When your share is sold, your portion of the residuals should be sufficient to pay off the lender.

* Individuals should review this information with their personal accountant and attorney.

Read the Chartering vs. Fractional Ownership
comparison in Yachts International

Own This Yacht
For 1/3 the Cost of Chartering

The Total Joy of Ownership ... At a Fraction of the Cost

Contact Monocle
954-563-5808	or Email us at
6299