| Owning a boat is a dream for many
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| | or scuba gear, discounts at local
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| Americans, but one that can turn into a
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| | restaurants and a special price on
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| nightmare of unforeseen costs. Many
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| | gasoline and oil.
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| novice boaters don't realize all the
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| | Membership plans vary from club to club.
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| costs associated with purchasing a boat
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| | Some offer annual memberships with a high
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| and wind up with an expensive driveway
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| | initial cost and lower costs for
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| ornament aside their car instead because
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| | renewals. Some offer a flat annual fee
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| they can't afford gas, insurance or the
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| | with no further rental costs. Some offer
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| other myriad things boat owners must pay
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| | seasonal memberships. Be sure you
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| for.
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| | understand all the terms of the
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| In recent years, enterprising business
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| | membership agreement and don't allow
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| people have begun offering a solution for
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| | yourself to be pressured into more of a
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| the high price of boat ownership: Boat
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| | membership than you feel you need. For
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| rental clubs. These clubs rent out their
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| | example, if you're new to boating and
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| fleet of boats to members on a daily,
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| | unsure how much you will actually use
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| weekend or even monthly basis at a
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| | your membership, a multi-year contract is
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| discounted cost. For example, one marina
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| | probably not the best choice for you.
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| in Ft. Lauderdale, Florida charges
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| | Finally, if you are an avid boater and
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| non-members $329 to rent a 21-foot bow
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| | plan on taking your boat out for several
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| rider, but a member of the club would pay
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| | days every week, or for a series of long
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| just $136, not including gasoline.
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| | trips, a boat rental club may not offer
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| Typically, boat rental club members must
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| | you the same savings as it would a more
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| pay yearly dues in order to receive the
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| | casual boater. To see if a rental club
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| discounted prices. However, once most
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| | would save you money, total up all the
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| boaters add up the costs of insurance,
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| | costs associated with your boat and
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| gasoline, storage, docking and
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| | divide that by the number of days you
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| maintenance, not to mention the actual
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| | plan to use it in a year. Then add up all
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| purchase of the boat itself, they find
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| | the costs associated with a boat rental
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| that joining a rental club saves them
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| | club membership and divide by the number
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| money. Boat rental clubs may also offer
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| | of days you will use your membership.
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| their members other benefits such as
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| | Whichever number is lower will be the
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| discounts on equipment rentals like skis
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| | most cost-effective option for you.
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