What are your guys thoughts on the idea of ship loans?

I was thinking about how you could have a set timer like with normal loans, except with ships. Here are a few ideas in mind for it:

Down payment for the ship being loaned, minimum of 5% of the ship’s cost. The contract is issued by anybody who has a warehouse level 150 minimal. The person who accepts the contract gets the ship sent to any of their ports of their choice. You may have a ship loaned to you for up to 180 days.

Payments on the ship can happen at minimum every day to max every 30 days. The interest minimum is .1% of that ship’s profit. Compounded interest is possible on late fees. When the loan time on contract is finished the ship is auto returned to the player who loaned out the ship.

The player with the loaned ship may never see the ID of the ship loaner, however they may level it up. If the player owning the loaned ship has attribute preferences, they attribute to that instead of the customer who had the ship loaned to him.

There are set fees by the shipwrighter on damages to ship. From damage fees upon return, to level loss fees, attribute loss fee, attribute gain fee, and overlevel fees (optional.) each if these fees are optional to add. A damage fee is issued when the ship returned has damages from 1-99% and is set accordingly. A level loss fee is set to where a fee is set per loss of level for the ship being degraded. An overlevel fee is when the ship is returned higher level than when issued and is a fee for tampering heavily with the ship. Fees of these, if set, minimal have to be at 2x repair cost of the ship, set price of per attribute lost in gold, set price per level lost in gold, and set price per level overlevelled cost in gold.

If a loaned ship is stolen, the player who had the loan issued to him is now issued a fee set to 1.5x the base price of the ship (standard) OR is a price set by the shipwrighter. Same applies if the ship was sunk to the sea. Level degrade fees and damage fees apply. Damage fees would apply if ship was sunk and assumed at 99% damages. Level loss would be equivalent to the level of the ship and the combined costs for every level up to its final level achieved before being sunk.

Shipwrighters may set policies where the loan cost drops per level gained or attribute gained by a certain percentage set at minimal of 3% if set at all. For example: if i get loaned a LMM 18 attribute and level 4, and it returns level 4 with 19 attributes, then 3% is cut off from the loan total costs (or is returned to your gold on hand.)

Thoughts?

How would Captains (officers) work?

Well thats not on the shipwrighter. If the player didnt have the officers to use the ships in fleet thats a them problem. However if a whole fleet of ships is a loaner fleet, then when the ships are returned, would not affect the officers count. Ships being loaned do not come with an officer

What be happenin' if the owner of the ship steals the ship back?

Clockwork wrote:Well thats not on the shipwrighter. If the player didnt have the officers to use the ships in fleet thats a them problem. However if a whole fleet of ships is a loaner fleet, then when the ships are returned, would not affect the officers count. Ships being loaned do not come with an officer

If that be the case, then loaning a ship is a poor investment. Building your own ships is not really difficult and you can sell them off later if need be. Basic economics. A player isn't going to loan a ship out where the return is less than what he put into it. And on the reverse side, a player isn't going to lease a ship that they can get for less and actually get a return on that cost if they sell it later.