What is my equity position at the end of the SailTime commitment to me and what are my options?
The 20% down payment establishes a position where you are likely to stay ahead of the depreciation curve so that you will maintain positive equity. We suggest to all Owners that they make additional principal payments to further insure this is the case. At the end of the five year commitment, you may take the boat for your personal use, refinance to lower the payments, upgrade to a new boat and re-enter into the program, sell your boat or move it into one of the other programs we are developing. All these options leave you with a very inexpensive and quality SailTime sailing experience.
