Aspen 40' C120


Quick Summary


+ BUY THIS YACHT WITH A DOWNPAYMENT OF ONLY: $187,902.
+ LOCK-IN FIRST YEAR 1040 TAX BENEFITS AS MUCH AS: $293,127.
+ ESTIMATED TOTAL 5 YEAR SAVINGS VERSUS SIMPLE PRIVATE OWNERSHIP: $463,367.
+ OFFSET ALL OWNERSHIP AND FINANCING COSTS AND EARN A PROFIT
+ PAY ZERO$ SALES TAX
+ ENJOY UNLIMITED USAGE
+ BASE YOUR YACHT IN FLORIDA, BAHAMAS, OR CARIBBEAN
+ KEEP YOUR YACHT IN THIS PROGRAM INDEFINITELY

Key Details


COST:    
MSRP commissioned in FL   $749,619
     
     
PRICE less taxes + fees   $749,619
FL Sales Tax 6% zero$
Closing & Doc Fees   $1,990
GRAND TOTAL    $751,609
                                
FINANCING:    
-Loan Interest rate: 5.00%  
-Loan Term (years): 15  
-Down Payment of: 25% $187,902
     
5 year SAVINGS VERSUS SIMPLE PRIVATE OWNERSHIP:
basis: avg weeks of charter/yr    $18
basis: revenue/week charter   $9,370
basis: owner use avg weeks/yr    $4
basis: share of revenue to owner   $1
Projected 5 year net operating profit after tax   $36,151
Projected potential additional tax savings on 1040   $293,127
Projected interest cost savings   $123,714
Projected Dockage+Insurance+Maintenance savings   $188,712
Projected misc. costs savings   $2,655
Projected Sales tax savings   $18,000
adjustment for owner bookings   -$198,991
Projected total 5yr benefit over private   $463,367
All numbers are FYG projections--Buyer should use their own projections
Charter-Ready Aspen 40' C120 Layout Download the Brochure

Speak with a Broker


Palm Beach
561-844-1100
Miami
800-537-0050
St. Petersburg
727-553-9551
Key West
800-537-0050
Bahamas
800-537-0050