Comparative Analysis: Purchase and Expenses
You save over $1600 dollars per month and over $19,000 per year with Breakwater!
Our program offers our members a sensible alternative to boat ownership. To help illustrate the financial advantages of our program, the following comparative analysis is based on the purchase of an identical boat as offered in our program with the same options, equipment and services. As the comparison between our program and individual boat ownership illustrates, we believe the financial benefits and advantages of our program is one more convincing reason for participating in our program.
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*Based on purchase price of an identical vessel with same options and equipment. Financing 90% over 10 years at 7.5% interest: Purchase price approximately: $70,000Down payment: $7,000
Amount financed: $63,000 After the 10 year payoff the estimated value of the vessel is approximately $20,000
