New/Pre-Owned Yacht Program

New yachts are brought online as new owners enter the program, and as owners exit or upgrade within the program, their sales/ upgrade provides a lower cost opportunity for new entrants should they desire to enter the program via a pre-owned share. The purchase price for these pre-owned shares is significantly lower than for new yacht shares. Purchasing a pre-owned share is a great way to get into the Gateway program and experience all the benefits of being a Gateway Owner.

While all our manufacturers build them to last, the Gateway program is designed to keep our fleet of adventure yachts young. Each yacht is purchased and placed on a seven year asset plan within the program. This means that as the boat approaches its seventh birthday it will be placed onto the market for exit out of the Gateway program. This ensures that our fleet remains modern, clean, and reliable.

Upon retirement the boat will be sold and all owners of that hull will individually have a decision to make. They may choose to:

1. Use the proceeds from the sale to buy either a new or pre-owned share of another Gateway hull, or;

2. Cash out of the program for their proportionate share of the sales price, or;

3. They may buy out the other owners at appraised fair market value. Owners with the most program seniority will have the first right of refusal.

In any event, it will be Gateway Yachts handling the details of the sale. Rest assured we’ll keep you informed every step of the way should you own an interest to the end of the hull’s full Gateway service life, and we’ll make transitioning within the program easy.