Burrard Bridge Civic Marina Vancouver Power and Sail Squadron Canadian Power and Sail Squadrons Power Squadron Burrard Civic Marina
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HAVE AND WANT TO SHARE: Truly Fair, a Vivacity, a 20-foot, 1967/1969, English-built, double-keeled, fiberglass sloop, with yellow topsides, blue accent lines, Seattle gray deck, and white sails. We - the two families who own her -- share other boats and cannot use her as much as we would like but are fond of her and do not want to sell her entirely. We would like one other sharing party to purchase a one-third interest or buy one of our half-interests or two other sharing parties each to buy a one-quarter interest in her.
Truly Fair would be kept in the water at the Burrard Bridge Civic Marina in Vancouver during the summer months (say June-September) and stored on land at the marina or in someone's back yard or at her mooring in Silva Bay on Gabriola Island in the winter.
Theoretically, Truly Fair sleeps four, but two adults and two children would be her very full sleeping complement. She can carry more than four day sailors. She draws 28" and can be beached on her twin bilge keels.
In the summer of 2009, Truly Fair had her bottom painted. She is in working condition but needs deck and topsides painting, new interior cushions, new standing rigging, and a replacement port rubrail. She has a brand-new main sail, new battery, 6 hp outboard engine in good condition, and a lovely natural wood tiller and rudder.
We value Truly Fair at $3,600 and would be willing to sell a one-half interest in her for $1,800; a one-third share in her for $1,200; or two quarter shares in her for $900 each. Total annual ownership costs (moorage, storage, insurance, repairs, replacements, and maintenance), exclusive of depreciation, are approximately $3,000, so, annually, approximately $750 for a quarter share partner, $1,000 for a one-third sharing partner, and $1,500 for a one-half sharing partner.There would be a requirement to do your share of annual personal work, such as scrubbing and painting and making repairs. Therefore, for an initial investment of $900 to $1,800, an annual cost of $750 to $1,500, and some elbow grease you can own part of a small coastal cruiser that you will be able to use probably as much as you have time for.
For more information about this sharing opportunity or to post online about what you have to share or would be willing to share in order to have, visit www.sharablethings.com.
www.sharablethings.com
www.sharablethings.com
www.sharablethings.com
www.sharablethings.com
www.sharablethings.com
www.sharablethings.com
www.sharablethings.com
www.sharablethings.com
www.sharablethings.com
Last updated on Tuesday August 17,2010
