Page Loading
- Vessel ltinerary
- Administration
- Dockage & Fuel
- Maintenance
- Capital Repairs & Reserves
- Total Expenses =
- Name Length Build
- # Total Expenses Date Saved
Advanced functionality coming soon.
Us flagged vessel, health insurance costs per crew, uniform cost per crew, training cost per crew, food cost per crew, crew turnover, hires using a professional crew agency.
- Restore Default
- $ | € | £
Costs of food provisions will vary dependent upon how eloborate food Preferenaces are
Location will play huge factor in food provisons and thing may have to be folws into remorte locations.
Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.
Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.
Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.
To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .
Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.
This sunburst diagram is interactive. You can click into each block to see the expense break down and mouse over each block for more details.
Our chart of accounts displays seven major categories, 20 sub-categories plus a further 80 detail categories for a total of 107.
Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.
Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.
Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.
Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.
Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.
Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.
Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.
We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.
We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally (particularly for newer yachts in the $20-30M range)… but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊
Advanced functionality coming soon…
We are building advanced tools to allow you even greater control over our operating cost calculator. Please enter your email address below to be advised when it is available.
Save this version
Share your calculations.
Please save version before sharing LuxYacht - Calculator!!
You must be logged in to save this version of the cost calculator that you have customized for your yacht..
How Much Does a Yacht Cost: A Comprehensive Breakdown for Buyers
Yachts embody luxury, status, and freedom, leading many to wonder about the costs associated with such an extravagant purchase.
Buying a yacht is a significant investment that involves not only the initial price but also ongoing expenses such as maintenance, fuel, insurance, and crew costs.
The price of a yacht varies greatly depending on factors such as size, brand, age, and features. Understanding these factors will help potential buyers make informed decisions.
Smaller yachts often start at a few hundred thousand dollars , while larger or more luxurious models may cost millions. Meanwhile, superyachts and mega yachts can carry price tags in the tens or hundreds of millions of dollars.
It is important to remember that additional ownership costs, like annual operating expenses , must be considered when calculating the true cost of yacht ownership.
Key Takeaways
- Yacht costs vary greatly based on size, brand, age, and features
- Additional expenses such as maintenance, insurance, and crew should be factored in
- Assessing all costs involved helps gain a clearer picture of the true cost of yacht ownership
Types and Sizes of Yachts
When considering the cost of a yacht, it's important to understand the various types and sizes available in the market.
In this section, we will explore some of the main categories of yachts, including sailing yachts vs. motor yachts and the range of sizes from small to superyachts.
Sailing Yacht Vs. Motor Yacht
There are two main types of yachts: sailing yachts and motor yachts.
Sailing yachts rely on wind power and sails for propulsion, making them more eco-friendly and fuel-efficient. They come in a variety of sizes and styles, with smaller sailboats starting around 23 feet in length. Some popular designs include sloops, cutters, and ketches.
Meanwhile, motor yachts use engines for propulsion, offering more speed, power, and maneuverability. These yachts typically range from around 30 to 100 feet, although larger motor yachts can also be classified as superyachts. Motor yachts are often equipped with a luxurious interior, offering the utmost comfort and entertainment for guests.
Small Yachts to Superyachts
Small Yachts (10,000-$100,000):
Small yachts generally range from 23 to 40 feet in length. These yachts are more affordable and easier to maintain, making them attractive to first-time buyers. They can be both sailing yachts and small motor yachts. Examples of small yachts include sportfishing boats, family cruisers, and day sailers.
Midsize Yachts ($100,000-$1,000,000):
Midsize yachts typically range from 40 to 60 feet in length. The price of a midsize yacht can vary greatly, with used models going around $200,000 while new ones can go up to a million dollars. They offer more space, better amenities, and improved performance compared to small yachts. Midsize yachts can also be classified as sailing yachts or motor yachts.
Large Yachts ($1,000,000 and up):
Large yachts typically range from 60 to 100 feet in length. These luxurious vessels come with a higher price tag, often costing multiple millions of dollars. Large yachts offer plenty of space for entertaining, as well as state-of-the-art technology and amenities. They come in both sailing and motor yacht varieties.
Superyachts ($10,000,000 and up):
Superyachts are the pinnacle of luxury and sophistication, typically measuring over 100 feet in length. They feature extravagant amenities, such as helipads, swimming pools, and even movie theaters. The price of a superyacht can be astronomical, at times exceeding $10 million or more.
Cost Factors for New and Used Yachts
When determining the cost of a yacht, whether new or used, several factors come into play. These include the age and condition , size and style, brand and model, and location and availability of the yacht.
Each of these factors plays a significant role in the overall cost, so understanding them can help buyers make an informed decision.
Age and Condition
The age of a yacht naturally impacts its price. A brand-new yacht typically commands a higher price than a used one. However, the condition of a used yacht can also greatly influence its value. A well-maintained, used yacht in excellent condition may be more expensive than a newer model with issues or wear and tear.
Size and Style
The size and style of the yacht also play a crucial role in determining the cost.
Generally, larger yachts come with a higher price tag. For example, the average price of a yacht in the United States for vessels 46 to 55 feet was $467,899, while the average price for yachts in the 56 to 79 foot category was $1.18 million.
The style of the yacht, such as a sailboat, power catamaran, or luxury yacht, can have a significant effect on the price as well.
Brand and Model
The yacht's brand and model also contribute to its price. Some yacht brands are known for their luxury, craftsmanship, and performance, which can lead to a higher cost.
On the other hand, more affordable brands may offer similar amenities and functionality at a more budget-friendly price.
It's essential to research different yacht brands and models to find the one that best suits your preferences and budget.
Location and Availability
The location of the yacht, along with its availability in the market, can influence the overall cost.
In some regions, yacht prices may be higher due to factors such as demand, local taxes, or shipping costs. Additionally, if a specific model is in high demand or limited supply, its price may be elevated due to scarcity.
Initial Purchase Price
Buying New Vs. Pre-Owned
When considering the initial purchase price of a yacht, one of the first decisions a buyer faces is whether to buy a new or pre-owned yacht.
New yachts typically come with the latest technology, design, and customization options, but they also come at a higher price.
On the other hand, pre-owned yachts can be significantly more budget-friendly, but may require more maintenance and lack the latest features.
The average price of a yacht in the United States for vessels 46 to 55 feet was $467,899, while the average price for yachts in the 56 to 79-foot category was $1.18 million. These prices can vary depending on whether the yacht is new or used.
The Buying Process
The process of buying a yacht typically involves researching the market, selecting the right size and type of yacht, identifying suitable yachts, negotiating the price, and completing the purchase.
Working with a professional yacht broker can be beneficial in streamlining this process for the buyer as they can provide expert guidance in selecting the right yacht to fit the buyer's needs and budget.
Costs to Consider
In addition to the initial purchase price, there are various other costs that should be taken into account when buying a yacht. These include:
- Insurance : Buyers should consider the cost of insuring the yacht. Insurance fees, among other factors, are influenced by the size and value of the yacht.
- Marina fees : Docking the yacht at a marina will incur fees, which can range from a few thousand dollars for smaller yachts to tens of thousands for larger ones.
- Maintenance : Maintenance costs can make up around 10% of the initial purchase price. For used yachts, be prepared to spend on essential repairs and upgrades as needed.
- Fuel : The cost of fuel is influenced by the yacht's size, engine type, and cruising frequency.
Operational and Maintenance Costs
Crew Expenses
One of the significant expenses associated with owning a yacht is paying the crew salaries .
The number of crew members and their respective positions will vary depending on the size and complexity of the yacht. For example, a 180-foot superyacht may have an annual crew expense of around $1.4 million.
It is essential to account for additional crew-related costs such as insurance, training, and uniforms.
Fuel and Propulsion
Another considerable aspect of yacht ownership is fuel costs. The amount of fuel consumption will largely depend on the yacht's size, propulsion system, and usage patterns.
For instance, a larger yacht may incur around $400,000 for fuel annually.
It is also worth considering the potential expenses for any necessary upgrades or maintenance of the propulsion systems to ensure optimal performance and efficiency.
Repairs and Upkeep
Maintaining the yacht's appearance and condition requires regular maintenance and repairs . These expenses can quickly add up. Annual maintenance costs for a superyacht could reach up to $1 million.
This includes expenses for cleaning, teak oils, wax, and polish to keep the yacht looking immaculate. It is often recommended to allocate around 10% of the yacht's value to cover annual maintenance costs.
Dockage and Storage
Mooring fees, marina fees, and storage are additional factors to consider when estimating the operational costs of a yacht. Dockage costs typically depend on the yacht’s size and the chosen location.
On average, a superyacht may have an annual dockage expense of around $350,000 .
Additional Ownership Costs
Yacht insurance is a significant cost that should be factored into your decision to buy a yacht. The cost of insurance can vary based on the size, type, and value of the yacht.
For example, a 180-foot superyacht may have insurance costs upwards of $240,000 per year .
Obtaining quotes from various providers is essential. Remember that rates can fluctuate based on factors such as the yacht's condition and the owner's boating experience.
Taxes and Registration
Owning a yacht also comes with local and federal taxes and registration fees. Tax rates can vary depending on the state or country where the boat is registered.
In the United States, some states have a sales tax for yacht purchase, while others have an annual personal property tax. Make sure to research the applicable taxes and registration fees in your area to include them in the overall cost of ownership.
Depreciation
Another factor to consider when purchasing a yacht is depreciation. Over time, the value of most yachts will decrease, much like automobiles.
The rate of depreciation may differ based on the yacht's make, model, and age. To account for this potential decrease in value, make sure to have a proper maintenance plan in place and be prepared for the potential resale-value drop.
Extra Amenities and Upgrades
Finally, extra amenities and upgrades can significantly impact the cost of owning a yacht. Additional features such as upgraded electronics, specialized navigation systems, enhanced entertainment systems, or custom interior finishes can add considerably to the base cost of ownership.
Also, consider ongoing costs associated with these amenities, such as maintenance, repairs, and replacements. Budgeting for these additional expenses is critical to ensure your enjoyment of the yacht without financial strain.
Real Cost of Yacht Ownership
Owning a yacht is a luxury many people dream of, but it comes with significant costs. This section will discuss the real cost of yacht ownership , looking at the rule of thumb for annual costs and investment considerations.
Rule of Thumb for Annual Costs
When estimating the cost of owning a yacht, a general rule of thumb is that annual costs will be around 10% of the initial purchase price. This includes expenses such as maintenance, fuel, insurance, and crew salaries.
For example, a 180-foot superyacht could have an annual budget of $1 million for maintenance, $400,000 for fuel, $240,000 for insurance, and $1.4 million for the crew.
Another example is a 50-foot yacht , which may have ongoing costs between $35,000 and $85,000 per year.
- Maintenance and Repairs: The cost of maintaining a yacht can range from $1,000 to over $1 million per year, depending on the size and complexity of the vessel.
- Dockage: Yacht owners should budget around $350,000 annually for marina fees.
- Fuel: Depending on the size and type of yacht, fuel expenses can be substantial, averaging around $400,000 per year for a large vessel.
- Insurance: Insurance premiums for yachts can range from a few thousand dollars to upwards of $240,000 per year.
- Crew Salaries: Crew salaries can account for the largest portion of yacht ownership costs. A large yacht may require a crew with an annual budget of $1.4 million.
Investment Considerations
When thinking of purchasing a yacht as an investment, potential owners should consider several factors.
Yachts depreciate in value over time, making them a less attractive investment compared to traditional assets such as stocks and real estate.
Additionally, the high cost of ownership may make yacht investment less viable for some individuals.
Keep in mind that while some owners charter their yachts to offset costs, this strategy may not fully cover annual expenses. Moreover, chartering exposes the yacht to additional wear and tear, which can result in higher maintenance costs.
Life on Board
Amenities and Comfort
Life on a yacht offers a unique blend of luxury and comfort. Yachts often come equipped with a variety of amenities to make living on board as enjoyable as possible.
One common feature is the cabin , which provides comfortable sleeping quarters and private spaces for relaxation. Some yacht cabins even have their own ensuite bathrooms for added convenience.
A well-designed galley is essential on a yacht, providing the space and facilities needed to prepare meals and store provisions.
Modern yacht galleys often come equipped with high-quality appliances and ample storage space to ensure a pleasant dining experience.
On larger yachts, additional amenities may include swimming pools , outdoor lounges, and spacious deck areas for sunbathing and relaxation. Some superyachts also feature helipads , allowing for easy access to transport and travel to and from the yacht.
Entertaining and Lifestyle
A yacht is not just a floating home, but also a platform for entertaining and socializing. The deck space on a yacht offers a fantastic setting for outdoor gatherings, while a well-appointed cabin cruiser can serve as an ideal venue for more intimate events.
Entertaining on a yacht often involves a range of activities, from casual get-togethers to formal dinners with friends, family, or business associates.
A key factor in this lifestyle is the yacht's finish – the quality of the materials, furnishings, and décor that contribute to an atmosphere of luxury and sophistication.
With such an array of amenities and entertainment options, life on a yacht combines the best aspects of comfort, luxury, and a captivating lifestyle.
Frequently Asked Questions
What is the price range for a small yacht?
Small yachts can cost anywhere from $100,000 to several hundred thousand dollars, depending on factors such as size, brand, age, and amenities.
On average, a new, small yacht may cost around $200,000, but prices can vary significantly based on the specific yacht .
What are typical rental costs for yachts of various sizes?
Rental costs for yachts can vary greatly depending on factors like size, type, and location.
Typically, smaller yachts can be rented for a few thousand dollars per day, while larger, luxury yachts may command tens of thousands of dollars per day.
Some yachts may also require a minimum rental period and may charge additional fees for things like fuel and crew.
What is the purchasing price for a luxury yacht?
Luxury yachts generally fall within the multi-million-dollar price range, with some costing tens of millions or even hundreds of millions of dollars.
The exact price of a luxury yacht depends on several factors, such as the yacht's features, size, customizations, and brand.
What is the cost associated with owning a 50-foot yacht?
The cost of owning a 50-foot yacht includes the purchase price, maintenance, insurance, docking fees, and fuel costs.
While the purchase price can vary greatly, annual costs can be estimated at approximately 10% of the yacht's value, which may include maintenance, repairs, insurance, docking fees, and other related expenses.
What are the expenses involved in buying a 100-foot yacht?
In addition to the purchase price, which can range from a few million to tens of millions of dollars, owning a 100-foot yacht incurs several ongoing costs.
These expenses include insurance, crew salaries, maintenance, docking fees, fuel, and provisions. It is important to budget for these costs, as they can add up to a significant amount each year.
What can one expect to pay for a 70-foot yacht?
The purchase price of a 70-foot yacht can range from several million dollars to well over $10 million, depending on factors such as age, brand, and features.
In addition to the initial purchase price, there will be ongoing costs such as insurance, maintenance, crew salaries, docking fees, and fuel, which need to be considered when budgeting for yacht ownership.
Related Articles
What is the First Action Required of a Boat Operator in a Boating Accident? Essential Steps Explained
Fishing Jet Skis: Ultimate Guide to Choosing and Enjoying Your Water Adventure
Rare Fish - Top 10 Astonishing Finds Beneath the Waves
Marina Jacks: A Comprehensive Guide to Sarasota's Premier Waterfront Destination
Galeon 435 GTO: Price & Specs Unveiled for Luxury Boating Enthusiasts
How to Ship a Boat: Time, Cost, and Methods Explained
Houseboat Rentals: Floating Vacation Homes for Unforgettable Getaways
Inboard Gasoline Boats Built After July 31st, 1981 Must Have Proper Ventilation Systems: Safety Regulations Explained
- Articles and Guides
How Much Does a Yacht Cost?
11th jul 2023 by samantha wilson.
We hear the question, “How much does a yacht cost?” on a regular basis, and it’s a difficult one to answer. Much the same as with houses, the prices vary in a surprising way depending on size, style, age, and finish (not to mention location). We’re talking millions of dollars in price difference for yachts, as well, because there are yachts of many different sizes with all the same variations. But first, let’s tackle the more fundamental question, “What is a yacht?’
What Classifies as a Yacht?
To begin with, a yacht can be a sailing yacht or a motor-powered yacht. Merriam-Webster Dictionary defines it as “any of various recreational watercraft: such as a) a sailboat used for racing; b) a large usually motor-drive craft used for pleasure cruising.” Size is not technically part of the definition, but in modern practice, size has a whole lot to do with it.
Many in the industry classify a boat as a ‘yacht’ from 40 feet up to 70 feet, although there are others who will include vessels as short as 33 feet. Not too many years ago, yachts as small as 80 feet (24 meters) were considered superyachts, but with the proliferation of much larger yachts, 130 feet (40 meters) is a more common yardstick. Beyond that are megayachts, variously defined as beginning at 165 feet (50 meters) or 200 feet (60 meters).
The point is, there are no hard-and-fast rules, and what may be one person’s pretty little 20-foot sailboat may be another’s luxury sailing yacht. And any shiny, private vessel 40 feet and up will be called a yacht by almost everyone.
While size is the main determining factor in labeling boats as yachts, amenities aboard also play a role. For example, yachts frequently have cabins and heads below allowing for overnight stays, as well as a galley, and plenty of deck space for leisure.
The term ‘yacht’ has become synonymous with luxury, especially with the boom in huge superyachts across the world. But a yacht doesn’t have to be fancy. A sprightly 30-foot trawler yacht might look to some like a luxury palace, but Jeff Bezos and the guests aboard his brand new $500 million sailing yacht Koru would probably see it differently.
Cost of Buying a Yacht
Looking for an average price across all types of yachts isn’t helpful either, with sizes of yachts varying from 30 to 300 feet. And that doesn’t take into account whether a boat is new or used. Broadly speaking, in the United States you can often buy a small used sailing yacht for $15,000 or less, and you can expect that figure to go up to $50,000 or $100,000 for a small motor yacht. A larger motor yacht, or even a new 40-foot day boat, can easily run up to $1 million or more. Superyachts, of course, will cost multiple millions of dollars.
Cost of Owning a Yacht
The cost of owning a yacht goes far beyond the initial purchase price, and even if you’re in the market for a small yacht, you’ll need to factor in the annual costs which include:
- Marina fees: These will vary depending on your location and the size of the boat. Expect to pay from $5,000 for a yacht at the smallest end of the scale up to tens of thousands for larger yachts.
- Insurance: As a general rule, you can expect to pay around 0.5 percent of the value of the boat annually. Check out our guide to boat insurance for more information.
- Maintenance and repairs: As a rough estimation you can expect to spend around 10 percent of the value of the boat on upkeep each year. This might be lower if it’s a new yacht.
- Fuel: This will vary depending on how far you cruise and how large the yacht is.
- Crew: Yachts up to 70 or 80 feet often don’t require a crew, but the larger the yacht, the more crew it will need. Crew salaries range from $3,200 per month for junior crew to $10,500 per month for captains and chief engineers. In general, a yacht of 80 to 100 feet in size will require a crew of between two and eight, while yachts between 100 to 200 feet will require between 8 and 20 crew members.
- Depreciation: Brand new boats depreciate the most and the quickest, with most depreciating by 40 to 50 percent of their initial price over the first 8 to 10 years.
Read more about the Real Costs of Boat Ownership as well as Top Tips to Lower the Costs .
Types of Yachts per Cost
When we talk about yachts and their values, we usually refer mostly to the length of the yacht as that tends to be the identifying factor, but the style, engine size, and finish also play a huge role in determining how much they cost. Here we take a look at the average price differences between new and used yachts in the United States at varying sizes.
How much is a small yacht? (25 to 40 feet)
A small yacht around 40 feet (often referred to as a cabin cruiser) is often considered an entry-level yacht, but a big step up from much smaller day boats. These are likely to have cabins, heads, and a small galley, and most offer the chance to spend weekends onboard. Prices will vary widely depending on whether it’s a used or new boat, and depending on the model, finish, and engines. New and recent-model yachts around 38 to 40 feet may cost anywhere from $250,000 to over $1 million, while the price of older models is often substantially lower. The average price in the United States for all new and used yachts sold between 36 feet to 45 feet was $238,000 according to the Boats Group Market Index of 2022.
When we’re looking at smaller yachts around 25 to 30 feet, these are unlikely to have cabins and so are considered day cruisers. Motor cruisers between 25 and 30 feet range from $70,000 for an almost-new model to well over $100,000 for a brand new one. Of course, yachts with smaller engines and simpler layouts will have considerably lower price tags, but those with premium finish and accommodations may cost much more—for example, a new Ranger 29 (pocket trawler) starts at over $350,000. See our guide to the different types of boats for a better understanding of what is available and what might be right for you.
How much is a medium-sized yacht? (40 to 70 feet)
Mid-sized yachts that fall within the 40- to 70-foot category vary in price from around $250,000 to well beyond $4 million, a figure that depends on the size, model, finish, engines, and extras, as well as whether it’s a brand new boat or used. According to the Boats Group Market Index of 2022, the average yacht price in the United States of vessels 46 to 55 feet was $467,899 with 2,273 boats sold, while the average price for yachts in the 56 to 79 foot category was $1.18m with 997 sold in 2022.
Yacht prices vary a lot depending on whether the yacht is new or used. As an example, the base price for a new Viking 58 is $4.1 million, a three-year-old model can be purchased for $3.5 million for, and a 10-year-old model for $600,000. Check out our new and used luxury yachts for sale on Rightboat for more comparisons.
How much is a sailing yacht?
Long before the combustion engine was invented, yachts (or sailboats) graced our oceans for centuries. While these days we tend to think of yachts as the luxurious motor vessels that far outnumber their sailing counterparts, sailing yachts have their own class. As we’ve seen with motor yachts, the size, age, and finish of a sailing yacht will determine the price tag, with prices ranging from $5,000 to several million dollars—and much more for superyachts. The largest sailing yacht in the world is Sailing Yacht A , which cost an estimated $600 million and measures 470 feet in overall length.
When referring to larger sailing yachts—and by larger we are talking about 100-foot yacht prices—there is a “rule of thumb” estimate of $1 million per 3 feet in length. So a 100-foot yacht may cost in the region of $30 million. But sliding back down the length ladder, it’s possible to pick up a small, used sailing yacht for a fraction of that. A 55-foot yacht that has been sailing for a few years may sell for around $700,000, whereas a new one could easily retail for $2 million or more. An older (30 to 40 years) sailing yacht of 30 to 35 feet might cost only about $25,000 while a brand new one might cost $250,000 and more. See what you can get for your money with our sailing yachts for sale on Rightboat.
How much is a luxury yacht or superyacht?
Superyachts are some of the most luxurious vessels on the sea, and they don’t come cheap. As mentioned, yachts above 78 feet (24 meters) are accepted by many as superyachts; when they range up over 165 or 200 feet, some in the industry refer to them as megayachts. This term is still debated in some quarters, so you may hear yachts over 300 feet referred to as superyachts too.
Superyachts require a full time crew to manage them, and this adds considerably to the overall cost of running such a large vessel. Given that, how much does a superyacht cost? The costs vary, with some estimates of up to $1 million per foot of length to build a new top-of-the-line custom superyacht. Used superyachts will cost less than a new build, and you may be able to buy a 10-year-old, 90-foot superyacht for around $2.5 million—although most owners will engage in a significant and costly refit every 10 years. Models less than five years old will be closer to the $4 million mark, while a brand new one will cost around $9 million. Check out our listings for superyachts for sale all across the world.
How much is a megayacht?
When we reach megayacht status, prices skyrocket along with the length of the vessels and the volume of the interiors. The largest megayacht in the world is currently Azzam, 590 feet long at a cost of $600 million to build. Yachts in this class are the most luxurious in the world, and feature large swimming pools, helicopter pads, huge guest and crew accommodations, beach clubs, and much more. The upkeep of vessels of this size can run to $20 million or more for the crew fees, fuel, mooring fees, insurance, food, and maintenance. If you want to set eyes on the world’s most astounding superyachts and megayachts check out our superyacht travel guide to where you might find them, or use our search to discover megayachts for sale .
Written By: Samantha Wilson
Samantha Wilson has spent her entire life on and around boats, from tiny sailing dinghies all the way up to superyachts. She writes for many boating and yachting publications, top charter agencies, and some of the largest travel businesses in the industry, combining her knowledge and passion of boating, travel and writing to create topical, useful and engaging content.
More from: Samantha Wilson
Related Articles and Guides
27th Jul 2024
Boat Survey: What It Is, Who Pays, Do I Need to Spend the Money?
7th Jun 2024
Best Boat Brands for Beginners: Power, Sail, Pontoon & Fish
25th May 2024
Boat Inspection Checklist: How to Inspect a Boat Before Buying
4th May 2024
Do You Need a License to Sail a Boat in the US?
- Explore Rightboat
- Boats for Sale
- Boating Articles
- Buyers Guide
- About RightBoat
- Sell Your Boat
- Boat Selling Advice
- All manufacturers
- All categories
- Are you a broker/dealer?
- Learn more about the Rightboat:HUB
Enter your email to keep up to date with the latest news
Join for free
Sign up now for free and discover how easy it is to keep up to date with THE latest boats for sale. Find your right boat, and tailor your voyage to finding your next boat.
Benefits of becoming a member:
- Set up tailored alerts
- Personalise your experience
- Download full specifications and broker details
- Keep tabs on your favourite boats
Are you a broker? Join as a Broker
Rightboat - join for free.
Do you have an account already? Login
Save this search
Save your search and receive new boats in your email..
You can unsubscribe from your alerts whenever you like. By pressing the button you accept the Legal Terms and conditions
- Deals Funded
- Deals in Process
Testimonials
How much does a yacht cost | ultimate breakdown guide.
October 14, 2019
Complete guide to “How much does a yacht cost?” including superyachts and megayachts. Includes the cost of owning and operating a yacht. Yachts and superyachts are symbols of success. They appeal to wealthy individuals but are also extremely useful business assets. In this article, we’ll explore how much does a yacht cost. Also, we’ll answer how much does a superyacht cost and how much does a mega yacht cost. Then we’ll identify additional yacht costs such as fees and taxes. Next, we’ll give example breakdowns of the price of yacht and the price of a superyacht. Finally, we’ll explain how Assets America ® can help fund your transaction, and then answer frequently asked questions regarding the cost of yacht. Note that we’ll devote a separate article to yacht operation and maintenance costs. This article focuses on how much does it cost to buy a yacht.
How Much Does a Yacht Cost?
To know the context for how much does a yacht cost, we define some important terms.
Yacht Terms
- Yacht: A sailing or powered watercraft between 39 and 78 feet in length, accommodating up to 6 guests.
- Superyacht: A luxury yacht ranging in size from 78 to 200 feet in length, accommodating 6 to 12 guests.
- Megayacht: A luxury yacht greater than 200 feet long holding more than a dozen guests.
- Cabin Cruiser : A luxury powered boat between 23 and 38 feet in length.
- Day Sailing Yacht: Small yachts, often with a retractable keel, daggerboard , or centerboard and no cabin.
- Weekender Yacht: Medium-sized yachts, typically up to 31-feet long. Usually, they have lifting keels or twin keels allowing shallow-water operation for two-to-three-day journeys. Normally, weekender yachts have a simple cabin sleeping two to four passengers along with a small galley.
- Cruising Yacht: The most common private yacht, with good handling, onboard comfort, sufficient interior space, and capable performance. Typically, they have a teardrop-planform hull with a deep single-fin keel.
- Luxury Sailing Yacht: Larger yachts powered by wind and engines, with many luxury features. Typically, yacht makers construct these boats with fiberglass hulls and plenty of automation, lighting, navigation aids, hot water, and more.
- Racing Yachts: Yachts optimized for fast sailing, with heavy and deep bulb keels, tall masts, and large sails.
Average Cost of Yacht
New yachts over 100-feet long have an average price of a yacht equal to $1 million per 3.3 feet in length. In other words, a 100-foot yacht will, on average, cost more than $30 million. Older yachts below 85 feet are less expensive. For example, an 84-foot yacht originally built in 2002 and renovated in 2015 sold for $1.45 million.
The average price of a yacht that is preowned, entry-level, and in the 30 to 35 foot range, is about $100,000.
How Assets America ® Can Help
Whether you need to borrow $20 million or $1 billion to acquire your yacht, Assets America ® can most assuredly help. We can arrange short-term or long-term financing for the purchase or refit of yachts, superyachts and megayachts. We can provide financing much more rapidly than most typical funding sources do, and we can arrange financing even if your bank declines. Call us today at 206-622-3000 for a confidential consultation, or simply fill out the below form and expect and prompt response!
Apply For Financing
How much does a superyacht cost.
Superyacht prices are high but variable. For example, the world’s most expensive superyacht (the History Supreme) has a price of $4.5 billion. And at only 100 feet, it is too small to qualify as a megayacht, even though it certainly has a mega-price! On the other hand, a world-famous golfer purchased a 155-foot superyacht for $20 million, a sweet deal. The average price of a superyacht is $275 million.
How Much Does a Megayacht Cost?
The most expensive megayacht, measuring in at 536 feet, cost $1.5 billion. A 1990, 344-foot megayacht can be yours for $210 million. So, the prices of megayachts can vary greatly. In other words, there is no clear answer to how much does a mega yacht cost.
Video: Million Pound Mega Yachts for Sale – Documentary 2019
Additional Costs of a Yacht
A few states don’t have sales tax: Delaware, Montana, New Hampshire, Oregon — and to some extent Alaska. If you buy a yacht in any other state, you’ll owe state sales tax. On a $1 billion yacht purchase, a state like Texas with 6.25% sales tax will collect $62.5 million. You can buy a yacht in a state without sales tax and use it in another state. However, you will eventually have to pay a use tax. Florida caps yacht sales tax at $18,000, but California has no cap.
Municipalities that charge local sales tax could add a percentage point or two to your tax bill.
Most states also assess property taxes on yachts. Marinas may assess a tax on boat slips. Some states will refund fuel taxes on yachts since they don’t use roads.
Yachts with bathroom, eating, and sleeping facilities qualify as second homes. You can deduct the interest on the yacht’s mortgage, but national tax law caps the deduction at $750,000.
A yacht purchased for business purposes is a capital asset that you can depreciate. This would apply to a charter, rental, or fishing yacht that you use to generate income. If you buy a used business yacht for $1 million or less, it might qualify as Section 179 property. If so, you can deduct the full price in the year of purchase.
There are some minor fees you may have to pay when you acquire a boat. For example, you may have to register your yacht with the International Registry, which has fees of $550 to $1,500. Also, you may pay an annual tonnage tax, a ship radio station license fee, and certificate of insurance. Other fees include those for :
- An annual Maritime Security and Compliance fee
- Private Yacht Limited Charter Compliance Certificate
- Minimum Safe Manning Certificate
- Continuous Synopsis Record (CSR) Document
- Annual Yacht Service
- Intended Registration and Vessel Under Construction Registration
Cost Breakdown
When you want to know how much does a yacht cost, you need to know the cost factors. A yacht’s price directly ties to its construction costs, which include:
- Design: The design requires expertise in marine and mechanical engineering. For example, the designers must undertake many stability and hydrodynamic studies. Also, the design must be esthetically pleasing.
- Construction: It can take many months to construct a large yacht. You must factor in materials, equipment, and labor. Luxury-yacht buyers may want expensive and/or rare materials. One yacht, the infamous History Supreme, contains dinosaur fossils and meteorite stone! But less outlandish materials, such as fine woods and precious metals, still contribute to high construction costs.
- Engine: The number and power of yacht engines can greatly impact cost. Naturally, all things being equal, a sailing yacht should cost less than a comparable motor yacht. It requires huge power to propel a large megayacht, and an elaborate engine room to operate those engines.
- Interiors: Large yachts have many rooms, including galleys, heads, bedrooms, meeting rooms and more. In addition, electronics are important cost items.
FAQs — How Much Does a Yacht Cost?
How much does a 50-foot yacht cost.
A 50-foot yacht is a good candidate for weekend duty. A 2014 convertible sportfish costs just under $2 million. An example price of yacht (51-foot 2013 Azium Magellano 50) is $670,760. A 52-foot 2017 Carver C52 Command Bridge sells for $1,149,000.
What is the cost to build a yacht?
Mid-level yachts cost about $25 to $35 per pound to build. Higher-level-yachts have average construction costs pf $45 to $65 per pound. The top vessels built with exotic materials and hi-tech systems can cost $80/pound to build.
How much does a 60-foot yacht cost?
A 60-foot yacht is about the largest size that an owner operates. A new Hatteras M60 can easily cost around $3 million. However, you can get a 2007 60-foot Sunreef 62 for $735,000.
How much does a 100-foot yacht cost?
Superyachts in this range contain many amenities. You can buy a new 100-foot AB 100 for just over $8.8 million. But let’s face it, you can spend hundreds of millions on big yachts. Your only limits are your imagination and most importantly, of course, your wallet!
Related Articles
- Complete Guide to Yacht Financing
- Sale Leasebacks – Everything You Need to Know
- Yacht Builders – Ultimate Guide (Coming Soon)
- Yacht Interior Designers – Ultimate Guide (Coming Soon)
Recent Posts
- Commercial Equipment Leasing – Guide + Financing from $10 Million September 26, 2020
- Industrial Equipment Financing – Guide + Leasing from $10 Million September 18, 2020
- Heavy Construction Equipment Financing – Leasing from $10 Million September 14, 2020
- Opportunity Zones – Ultimate Investor’s Guide (2020) September 2, 2020
- Aircraft Appraisal The Ultimate Guide (Cost, Companies, Advice) August 10, 2020
- 5 Best Apartment REITs + Comprehensive Reviews (2020) August 8, 2020
- Multifamily Investing – 50 Expert Tips, Tricks and Hacks July 28, 2020
- How To Find Multifamily Properties – Ultimate Guide 2020 July 6, 2020
- Multifamily Industry – 2020 Market Report (Trends, Outlook, News) June 28, 2020
- FHA Multifamily – Step-By-Step Financing Guide June 20, 2020
Ronny was a pleasure to work with and is extremely knowledgeable. His hard work was never ending until the job was done. They handled a complex lease and guided us through entire process, including the paperwork. Not to mention a below market lease rate and more than all the features we needed in a site. We later used Assets America for a unique equipment financing deal where once again Ronny and team exceeded our expectations and our timeline. Thank you to Assets America for your highly professional service!
Great experience with Assets America. Fast turn around. Had a lender in place in 30 minutes looking to do the deal. Totally amazing. Highly recommend them to anyone looking for financing. Ronny is fantastic. Give them a call if the deal makes sense they can get it funded. Referring all our clients.
Assets America guided us every step of the way in finding and leasing our large industrial building with attached offices. They handled all of the complex lease negotiations and contractual paperwork. Ultimately, we received exactly the space we needed along with a lower than market per square foot pricing, lease length and end of term options we requested. In addition to the real estate lease, Assets America utilized their decades-long financial expertise to negotiate fantastic rates and terms on our large and very unique multimillion dollar equipment purchase/lease. We were thankful for how promptly and consistently they kept us informed and up to date on each step of our journey. They were always available to answer each and every one of our questions. Overall, they provided my team with a fantastic and highly professional service!
Assets America was responsible for arranging financing for two of my multi million dollar commercial projects. At the time of financing, it was extremely difficult to obtain bank financing for commercial real estate. Not only was Assets America successful, they were able to obtain an interest rate lower than going rates. The company is very capable, I would recommend Assets America to any company requiring commercial financing.
Assets America was incredibly helpful and professional in assisting us in purchasing our property. It was great to have such knowledgeable and super-experienced, licensed pros in our corner, pros upon which we could fully rely. They helped and successfully guided us to beat out 9 other competing offers! They were excellent at communicating with us at all times and they were extremely responsive. Having them on our team meant that we could always receive truthful, timely and accurate answers to our questions. We would most definitely utilize their services again and again for all of our real estate needs.
Assets America is a great company to work with. No hassles. Recommend them to everyone. Professional, fast response time and definitely gets the job done.
Ronny at Assets America has been invaluable to us and definitely is tops in his field. Great experience. Would refer them to all our business associates.
We were very pleased with Assets America’s expertise and prompt response to our inquiry. They were very straight forward with us and helped a great deal. We referred them to all our business associates.
I’ve worked with this company for decades. They are reputable, knowledgeable, and ethical with proven results. I highly recommend them to anyone needing commercial financing.
Ronny was incredibly adept and responsive – top-notch professional who arranged impressive term sheets.
Assets America helped us survive a very difficult time and we most definitely give them 5 stars!
Ronny was very friendly and though we were unable to make something happen at the moment he gave me some direction to go.
My business partner and I were looking to purchase a retail shopping center in southern California. We sought out the services of Ronny, CFO of Assets America. Ronny found us several commercial properties which met our desired needs. We chose the property we liked best, and Ronny went to work. He negotiated very aggressively on our behalf. We came to terms with the Seller, entered into a purchase agreement and opened escrow. Additionally, we needed 80 percent financing on our multimillion-dollar purchase. Assets America also handled the commercial loan for us. They were our One-Stop-Shop. They obtained fantastic, low, fixed rate insurance money for us. So, Assets America handled both the sale and the loan for us and successfully closed our escrow within the time frame stated in the purchase agreement. Ronny did and performed exactly as he said he would. Ronny and his company are true professionals. In this day and age, it’s especially rare and wonderful to work with a person who actually does what he says he will do. We recommend them to anyone needing any type of commercial real estate transaction and we further highly recommend them for any type of commercial financing. They were diligent and forthright on both accounts and brought our deal to a successful closing.
Questionnaire
How Much Does a Yacht Cost? Unveiling Yacht Pricing
When considering the cost of a yacht, the question that often arises is, " How much does a yacht cost ?" Much like inquiries about the cost of homes, this question needs a more straightforward answer. Yacht prices exhibit a wide range of variation, influenced by size, style, age, finishing details, and geographical location. The price spectrum for yachts is astonishingly broad, spanning millions of dollars, given the many yacht sizes available. Before delving into the specifics of yacht costs, it's essential to address the fundamental query: " What defines a yacht? "
🤔 You may be interested in: The 12 Most Expensive Yachts in the World
Defining the Category of Yachts:
According to the Merriam-Webster Dictionary, yachts can be broadly categorized into sailing boats and motor-powered yachts . These recreational watercraft encompass many vessels, including sailboats for racing and large motor-driven craft for leisure cruising. While size is not an explicit definition component, it significantly influences the classification.
In the industry, boats measuring between 40 and 70 feet are commonly called " yachts ," though some include vessels as short as 33 feet in this category. Notably, the concept of superyachts has evolved. In the past, yachts as small as 80 feet were considered superyachts, but with the advent of much larger vessels, a length of 130 feet is now more commonly associated with this distinction . Beyond that, there are megayachts, typically starting at 165 or 200 feet.
The crux lies in the absence of rigid criteria; one person's modest 20-foot sailboat may be regarded as a luxury sailing yacht by another. Generally, a boat is called a gleaming private vessel measuring 40 feet or more .
Beyond Size: Amenities Aboard:
While size is pivotal in labeling vessels as yachts, onboard amenities also contribute to the classification. Boats often feature cabins and heads below decks, facilitating overnight stays, a galley, and ample deck space for leisure activities .
The term 'yacht' has acquired connotations of luxury, particularly with the proliferation of enormous superyachts worldwide. However, luxury is not a prerequisite for yachts; a lively 30-foot trawler yacht may appear opulent to some, while others, like Jeff Bezos and the guests aboard his new $500 million sailing yacht Koru, might have a divergent perspective.
Understanding the Price of Yachts:
Attempting to determine an average price for yachts across all categories proves to be an exercise in futility, given the vast range of yacht sizes, spanning from 30 to 300 feet, and the distinction between new and used boats. To provide a general overview, purchasing a small used sailing yacht for as little as $15,000 in the United States is possible, while small motor yachts may cost between $50,000 and $100,000 . Larger motor yachts or new 40-foot day boats can effortlessly reach prices exceeding $1 million . Superyachts, on the other hand, invariably command multi-million-dollar valuations.
Ongoing Ownership Costs:
The expenses associated with yacht ownership extend beyond the initial purchase price. Even for those considering smaller yachts, it's imperative to account for annual costs, including :
- Marina Fees : Fees vary based on location and boat size, ranging from $5,000 for smaller yachts to tens of thousands for larger vessels.
- Insurance : Typically, annual insurance costs amount to approximately 0.5% of the boat's value.
- Maintenance and Repairs : Roughly 10% of the boat's value is allocated to care each year, with new yachts potentially incurring lower expenses.
- Fuel : Costs fluctuate depending on cruising distance and yacht size.
- Crew : While yachts up to 70 or 80 feet may not necessitate a team, larger vessels require more extensive staffing. Crew salaries range from $3,200 monthly for junior crew members to $10,500 monthly for captains and chief engineers.
- Depreciation : New boats experience the most significant depreciation, often losing 40 to 50% of their initial value within 8 to 10 years.
Categories of Yachts Based on Cost:
When discussing yachts and their price points, size usually takes center stage. Nevertheless, the style, engine size and finishing touches substantially influence costs . This examination will investigate average price disparities between new and used yachts in the United States, categorized by size.
Small Yachts (25 to 40 feet):
Small yachts, typically around 40 feet, fall within the realm of cabin cruisers and represent an entry-level option above smaller day boats. These vessels often feature cabins, heads, and small galleys, offering opportunities for weekend getaways . Prices vary considerably based on whether the yacht is new or used and factors like the model, finish, and engines. New and recent models of 38 to 40-foot boats may range from $250,000 to over $1 million , while older models often carry significantly lower price tags. According to the Boats Group Market Index of 2022, the average price in the United States for all new and used yachts measuring between 36 and 45 feet was $238,000 .
Smaller yachts, ranging from 25 to 30 feet, typically lack cabins and are considered day cruisers. Motor cruisers within this size bracket can cost anywhere from $70,000 for nearly new models to well over $100,000 for brand-new ones . Variations in engine size and layout complexity will impact prices, with premium finish and accommodations commanding higher costs. For instance, a new Ranger 29 (a pocket trawler) starts at over $350,000 .
Medium-Sized Yachts (40 to 70 feet):
Mid-sized yachts within the 40- to 70-foot range exhibit a price range extending from approximately $250,000 to over $4 million . This pricing spectrum hinges on size, model, finish, engines, additional features, and whether the yacht is new or used. The Boats Group Market Index 2022 reports that the average price of vessels measuring 46 to 55 feet in the United States was $467,899 , with 2,273 boats sold. The average price in the 56 to 79-foot category was $1.18 million, with 997 yachts sold in 2022 .
The cost of a yacht is substantially influenced by whether it is new or used. For instance, the base price of a new Viking 58 is $4.1 million, while a three-year-old model can be acquired for $3.5 million. A 10-year-old version may cost around $600,000 . For additional comparisons, one can explore new and used luxury yachts for sale.
Sailing Yachts:
Long before the advent of combustion engines, sailing yachts or sailboats have graced the world's oceans for centuries. While contemporary perspectives often equate boats with luxurious motor vessels, sailing boats maintain their distinct identity . When assessing the price of a sailing ship, factors such as size, age, and finishing details come into play, resulting in valuations ranging from $5,000 to several million dollars , with superyachts commanding even higher prices. The largest sailing yacht globally is Sailing Yacht A, measuring 470 feet and costing an estimated $600 million .
For larger sailing yachts, particularly those around 100 feet in length, a " rule of thumb " suggests an approximate cost of $1 million per every 3 feet. Consequently, a 100-foot yacht might carry a price tag of around $30 million. As one descends the length spectrum, smaller, used sailing boats may be available at a fraction of that cost . A 55-foot boat with a few years of sailing history may sell for approximately $700,000 , while a new one could easily exceed $2 million. For older sailing yachts ranging from 30 to 40 years in age and measuring 30 to 35 feet, prices could be as low as $25,000 , while brand-new counterparts may exceed $250,000 in cost.
🚨 Don't miss this: Sleeping on a Boat
Luxury Yachts and Superyachts:
Superyachts rank among the most abundant vessels at sea and come with a substantial price tag. As mentioned previously, yachts measuring 78 feet (24 meters) or more are commonly categorized as superyachts, although the definition may extend to vessels exceeding 165 or 200 feet and even those over 300 feet. Operating such extensive vessels requires a full-time crew, significantly inflating overall expenses . According to some estimates, the cost of building a new, top-of-the-line custom superyacht can range up to $1 million per foot of length. Used superyachts command lower prices, with potential purchases of 10-year-old, 90-foot superyachts priced around $2.5 million . More recent models, less than five years old, tend to approach the $4 million range, while brand-new superyachts may cost around $9 million . Prospective buyers can explore listings for superyachts for sale worldwide.
Megayachts:
Upon entering the realm of megayachts, prices escalate in tandem with vessel length and interior volume. The largest megayacht globally, Azzam, measures 590 feet and boasts a construction cost of $600 million . Yachts in this class represent the pinnacle of luxury, offering features such as expansive swimming pools, helicopter pads, generous guest and crew accommodations, beach clubs, and much more. The upkeep costs for vessels of this size can surpass $20 million, encompassing crew fees, fuel, mooring expenses, insurance, provisions, and maintenance . To witness some of the world's most awe-inspiring superyachts and megayachts, one can refer to superyacht travel guides or search for megayachts for sale.
Final Thoughts: How Much Does a Yacht Cost?
In conclusion, understanding a yacht's cost entails considering various factors, including size, style, age, finishing details, and whether the vessel is new or used . These factors collectively determine the price range, extending from thousands of dollars to millions or even billions for the most extravagant superyachts and megayachts.
🆕 Fresh content: What Should You Do to Avoid Colliding with Another Boat?
Was this page helpful?
Save my name, email, and website in this browser for the next time I comment.
You are using an outdated browser. Please upgrade your browser or activate Google Chrome Frame to improve your experience.
- Link to search page
- US: +1 (561) 833 4462
- US: +1 (206) 209-1920
- MC: +377 99 90 74 63
Yacht Prices
When it comes to buying a luxury yacht, there’s a lot to know about yacht pricing. Here at Worth Avenue Yachts, our team of brokers will help you with everything you need to know, but here’s a general yacht pricing guide to get you started on your yacht-buying journey.
Luxury yacht prices, like the yachts themselves, differ enormously. According to 2014 sales data , the average yacht price for a second-hand yacht for sale is €7.9 million ($8.4 million), but prices of super yachts can start at around $1.5 million for a small or older yacht and rise to a $600 million, which is how much Azzam, the largest yacht in the world at 590 feet cost to build.
The size of the yacht and age of the yacht are the obvious starting points for yacht pricing, but many other factors also come into account. The yacht builder, or ‘brand’, can have an extraordinary impact on the asking price- for example, a 200 foot yacht from two different yacht builders can easily see a difference in pricing of around 20 million dollars. Yacht brands also differ in how they hold their value or depreciate relatively rapidly- this is where the wide industry knowledge of your yacht broker will be of enormous value to you when considering what the resale value should be.
Also affecting price is whether something is completely custom-built, semi-custom, or chosen from an existing identical range. As the global fleet of superyachts is growing rapidly, with over 10,000 yachts afloat today, there are increasingly good deals to be found on second-hand yachts as existing yacht owners upgrade. You’ll also often find sharp reductions in second-hand yacht pricing announced in the lead-up to yacht shows, making these yachting events a great time to shop around, view lots of different boats and get a good deal.
In the US, the Fort Lauderdale International Boat Show is the largest event of this kind, while the Monaco Yacht Show is the flagship yacht show of the Mediterranean. There are many other yacht shows around the world; see our events page for details. Yacht pricing is also affected by global economic fortunes: the yachting industry is now rebounding after the financial crisis but there are still some excellent bargains out there.
The yacht designer’s name- exterior and interior- also affects yacht pricing tremendously: yachts by certain designers such as Bannenberg & Rowell and Espen Oeino will generally attract much higher prices than lesser-known designers. The yacht’s history will also affect resale value accordingly- yachts which have been well-maintained and lightly used will obviously hold a higher second-hand value. The range of the yacht (i.e., how big its fuel tanks are so the distance it can travel) also affects pricing, as does the brand of machinery, electronics and AV systems the yacht carries.
A yacht’s flag registry and tax status will also affect yacht pricing- some yachts will be advertised as ‘tax paid’, representing a good deal for some. Additionally, there are some tax restrictions affecting yacht purchases in certain countries. For instance, in the US a bill has just been introduced to end the prohibitive import taxation on US buyers buying foreign-flagged yachts located in US waters, and that will be watched with interest as it will positively influence yacht pricing for US buyers if it passes.
As you can see, many factors can influence yacht pricing, and it is constantly in flux due to economic and legislative factors. Your yacht broker is up-to-date with industry knowledge and where to find the good deals, so get in touch with a yacht broker at Worth Avenue Yachts to find out more about yacht pricing, alternatively fill in this contact form and we will be in contact shortly.
How Much Does a Yacht Cost? The Average Prices and Costs of Yachts
The UK has a long, rich maritime history and, as such, the yachting industry thrives in this country. Sailing is a popular hobby or pastime for many people, and for others it’s very much a lifestyle.
If you’re in the latter category, you might be looking to buy your own and be contemplating the cost of a yacht. There’s a huge variety of vessels available – from motor yachts to a sporting yacht – and the sheer amount of choice and variety of yacht sizes can seem bewildering. There are also a number of additional costs to consider, such as yacht insurance . This is something we can help you with at Admiral Marine.
How Much Does a Yacht Cost? The Average Price of a Yacht in the UK
While yachts are often regarded as synonymous with luxury, in reality they come in a startling range of sizes, designs, and prices. The average cost of buying a yacht in the UK varies considerably, according to a number of factors.
Whether you’re looking to buy a used vessel or a brand-new yacht, as well as the size and type of yacht you want, will all partly determine the price you’ll pay.
Designed by Freepik https://www.freepik.com/
How Much is a Small Yacht?
At the cheaper end of the market, you should expect to pay a minimum of £10,000 for a small sailing model which will be functional but modest, with the price rising to £50,000 or more for a new, more sophisticated, motorised yacht.
If you’re looking for something more spacious with a range of additional features, mid-range yachts in the UK are often priced between £50,000 and £500,000. These boats may come with more advanced navigation equipment, refined interiors, and extra amenities. These are more suitable for experienced sailors who are prepared to spend more on their passion.
Larger, motor-driven yachts will set you back hundreds of thousands of pounds. For example, a new 50-foot yacht costs upwards of £200,000, whereas a 70-foot yacht or 100-foot yacht will set you back anywhere from £1 million to many times that sum.
How Much Does a Super Yacht Cost?
In terms of top tier yachts – or “super yachts” – these can cost millions or even tens of millions of pounds and upwards. These vessels are often enormous (ranging from 120 feet to 300 feet in length). They epitomise luxury and may have multiple decks, along with swimming pools, helipads and sophisticated entertainment facilities.
Yacht servicing and maintenance: the costs involved
While the upfront cost of buying a yacht is substantial, there are a number of supplementary fees that apply to yacht ownership. You can expect to pay between 5% and 10% of the yacht’s initial purchase price on such annual costs. Here are a few to consider:
- Insuring your yacht is essential and the price will vary according to its value, its size and its intended function. We can provide insurance for a variety vessels, including sailing yacht insurance and motor boat insurance . Contact us now to receive a bespoke quote .
- Maintaining your yacht. Additional costs might come in the form of engine servicing or repairs.
- Finding the right place to dock your yacht is crucial and can be expensive, particularly in popular marinas. Annual mooring fees vary considerably depending on the location and the size of the vessel.
Owning a yacht is an aspiration for many people, but it’s important to bear in mind the costs associated with buying one.
You should begin your search having already established a rough budget, the size of the vessel you’d like to purchase and what you’ll principally be using it for. Otherwise, the yacht market can seem overwhelmingly diverse, making it difficult to choose the right model for you.
What is the average price of a yacht?
The average price of a yacht in the UK is difficult to determine due to the variety on offer. A yacht can cost anywhere from around £10,000 to several million pounds before you start to get into super yacht territory. That said, a mid-sized sailboat should cost you between £50,000 and £100,000.
What is the price of a luxury yacht?
The price of a luxury yacht depends on whether you’re looking for a high-spec sailing vessel or a “super yacht”. For the former, the price will be upwards of £1 million, while the latter could exceed £100 million.
How much does a yacht cost to rent?
The cost of renting a yacht varies enormously, depending on what sort of vessel you’re looking for. A mid-sized motorboat or sailing yacht costs around £400 – £1,600 per day, while a much larger, luxury yacht could easily cost around £10,000 per day.
Header Image Designed by Freepik https://www.freepik.com Yacht servicing and maintenance: the costs involved
Admiral Marine is a trading name of Admiral Marine Limited which is authorised and regulated by the Financial Conduct Authority (FRN 306002) for general insurance business. Registered in England and Wales Company No. 02666794 at 1st Floor, One The Square, Temple Quay, Bristol, BS1 6DG
If you wish to register a complaint, please contact the Compliance and Training Manager on [email protected] . If you are unsatisfied with how your complaint has been dealt with, you may be able to refer your complaint to the Financial Ombudsman Service (FOS). The FOS website is www.financial-ombudsman.org.uk
+44 (0)1722 416106 | [email protected] | Blakey Road, Salisbury, SP1 2LP, United Kingdom
Part of the Hayes Parsons Group
How Much Sailboats Cost On Average (380+ Prices Compared)
Turns out that owning a sailboat is pretty affordable. OK, it isn't cheap, but it can absolutely be done on a budget. In this article, I'll show you exactly what to expect.
Sure, super yachts are expensive, but so is everything super (except for maybe supermarkets). But a modest, used sailboat can be as cheap as $2,500 and an additional $1,400 per year.
It may come as a surprise to you that you can get a decent sailboat for as little as $1,500 on Craigslist.
Average sailboat costs at a glance
We've compared thousands of listings, so you don't have to. If you just want the ballpark figures, here they are:
Situation | One-Time Cost | Monthly Cost |
---|---|---|
Average sailboat for most people (26') | $25,000 | $470 |
Low budget project (22') | $2,500 | $115 |
Budget ocean cruiser (35') | $38,000 | $450 |
Best-value ocean cruiser (40') | $166,000 | $1,300 |
The average price of new sailboats is $425,000 ($127,000 to $821,000). The average price of used sailboats is $278,000 ($67,000 to $555,000). Maintenance costs are on average $2,000 - $3,000 per year, and the average total annual cost is $3,000 to $7,000.
Of course the price of a sailboat depends on our choices. We decide whether sailing is a rich man's game, or actually a very good holiday investment. (It beats driving to a bungalow park for sure - both cost-wise and the experience itself.)
How Much To Charter a Superyacht? (Less Than You Think)
Why you should trust us These figures are based on our latest research which was last updated September 26th 2023 . We do this research every year, giving us very accurate numbers and clear insight into the trend of sailboat prices. We've literally compared thousands of sailboat listings over the years, and we've done so methodically. The research is done by our researcher Tay, who is an engineer by trade.
This will be a long article because there are so many aspects to cover. I'd like to spend some time exploring the costs of actually buying the boat. Then I want to go into recurring costs , like mooring, maintenance, and insurance.
To really drive home what you're getting into , I'll give four real-life examples. These examples include every expense as a separate line-item. And we'll go over them line-by-line together.
Then I'll share our exact research results with you . This will include all our numbers: new vs. used, average price per foot, and much more. These are extremely detailed numbers (you don't have to read this if you don't want to).
At the end of the article, we'll discuss why a boat doesn't just cost money: she can actually make you some if you wanted.
- A used family week-ender with a small cabin will cost roughly $30,000 (all-in for the first year).
- If you dream of sailing around the world, expect to spend around $100,000.
- New sailboats on average cost twice as much as used boats.
- Maintenance cost are 5-10% of the boat's value per year. Docking costs are roughly $800 - $2,500 per year.
- Sailboat prices have gone up 30% this year.
On this page:
Average sailboat cost: 2023 summary, examples of popular sailboats, and how much they cost, what does it cost to buy a sailboat, what does it cost to own a sailboat, make or save some money, related questions.
Before we really get into it, I first want to give you the quick rundown. So I've summarized our research for you.
Buying a sailboat
Sailboat size | New price | Used price | Craigslist |
---|---|---|---|
Small | $75,000 | $41,500 | $11,000 |
Medium | $400,000 | $261,750 | $87,000 |
Large | $3.9M | $1.9M | - |
Small boats are up to 30 foot long . They'll be very capable and great for solo sailors or small families who want to go on day trips, or short week-end trips on inland waters. Some of them will have cabins and sleeping quarters, although small.
Medium boats are between 30 and 50 foot long . They'll host larger parties and will be more suited for longer trips, coastal sailing, or even bluewater cruising. Sailboat length isn't necessarily the most important feature for that, though.
Large boats are 50 foot and up . This is proper yacht territory, and they'll be a lot more luxurious, and also exponentially more expensive.
If you buy via a broker, you typically get more reliable boats, but also pay more. If you buy off of Craigslist, you get a fat discount, but there are more lemons on there too.
You could hire a boat surveyor who will inspect the boat before you buy it (much like when you buy a house). Those surveys are not very expensive and can be worth your money.
Owning a sailboat
There are a lot of costs involved with simply owning a boat. The biggest expenses will be docking and maintenance.
Those two alone will account for roughly 80% of your yearly expenses.
- Maintenance : 5-10% of the boat's value
- Docking : $800-$2,500 per year on average, depeding on location
Sailboat size | Small | Medium | Large |
---|---|---|---|
Maintenance | $1,500 | $9,000 | $50,000 |
Docking | $1,000 | $2,000 | $5,000+ |
Other | $1,000 | $4,000 | $10,000 |
If we want to know what we're getting ourselves into, we should know every expense to the dot.
Below, we'll go over four very different case studies. I'm hoping one of these will relate to your specific situation. It'll show you what to expect and how to budget for your purchase.
The four sailboat case studies
- What does it cost if you want to keep your boat in good shape and have a good sailing experience? - aka: most people
- What does it cost if you ONLY spend the absolute minimum amount to keep her floating?
- If I want to sail the world on a budget, what's the absolute minimum?
- If sailing is more of a status thing to you, how much money COULD you spend?
Model | Price class | One-time cost | Monthly cost |
---|---|---|---|
Island Packet 26' | medium | $25,000 | $470 |
Catalina 22' | low budget | $2,500 | $115 |
Ocean cruiser 35' | low budget | $38,000 | $450 |
Luxury yacht 40' | expensive | $166,000 | $1,300 |
There are a lot of great boats out there for a good price and there are also some boats that are so expensive (or so cheap), it's not even fun to look at them.
But one thing's for sure: there are plenty of boats available, and even if you're on a very tight budget, you could absolutely still make it work. Sailing in and of itself is actually not that expensive: wind is free, water is free, boats can be cheap - if you're willing to look around a bit. It's all the little extras that add up quickly.
Listed below are 4 boats that make great beginner boats. Since more than 80% of all boats that are bought are second-hand, I'll use the prices of used boats I found on Craigslist.
If you want to know exactly where the numbers come from, don't worry, I'll explain them after the 4 examples.
1. Island Packet 26' for stressless weekends on the lake
The one-time costs are $24,860 Your total recurring costs are $5,650 per year, or $471 per month
Let's say you're like me and most other people and just want a nice boat without too much hassle. So you pay people for complex maintenance. You do the required maintenance and save up for future repairs. You do a little yourself, which saves you a couple of hundred of bucks a year. You also join a (cheap) sailing club to learn how to not trash the boat. You get the right trailer, and you save up some money for future repairs. You don't want to buy a bad boat, so you pay a fair purchase price
One-Time Costs:
$20,000 | |
at $10/ft | $260 |
at 5% | $1,600 |
$1,000 | |
$1,000 | |
Recurring Costs:
at $15/ft | $400 |
$300 | |
$2,000 | |
$150 | |
$2,000 | |
$800 | |
varies | |
2. Extreme Low Budget Catalina 22'
Ok, I'm very interested in how cheap you could actually go (in theory). Is it do-able to buy a very cheap sailboat and just keep her afloat, never change sails, and only pay for maintenance that is absolutely necessary to not sink?
In this scenario, I don't care about speed, so I don't change sails. I certainly won't join a sailing club, and I try to save some money on the marina by boondocking. I also happen to live in a cheap state registration and tax-wise.
Docking costs can get out of hand For an average sailboat, depending on your area and wishes, up to $5,000/year . Read everything about docking costs
I try to pay as little as possible for the boat itself (and I've actually found a Catalina 22 for $2,250 on Craigslist today!). I don't save up for rigging and hardware (tomorrows' worries). I try to get an extra 2 years out of my bottom paint and I only do the essential repairs, and I do them myself. But because I saved so much on the purchase, this little boat needs a lot of maintenance.
Luckily, I have time on my hands and know my way around engines and rigging, so I do all of it myself (with the help of YouTube).
I don't bother with winterizing my boat, I'll just sail somewhere warm. Oh, and I'll use the engine as little as possible to save on gas.
Will your boat be happy? Definitely not, but your wallet will be (for now). Can it be done? It's optimistic, but yes, I think it can be done. But you have to be mechanically inclined, and pretty creative.
The one-time costs are $2,428 Your total recurring costs are $1,380 per year, or $115 per month
$2,250 | |
at $5/ft | $110 |
at 3% | $68 |
Recurring Costs
Recurring Costs: | |
---|---|
at $5/ft | $130 |
$150 | |
$1,000 | |
$100 | |
varies | |
3. Low Budget 35' Ocean Cruiser for traveling the world
If you dream of crossing oceans, you need a comfortable ride. Usually, most sailors pick a boat that's between 32' - 50' for two person ocean cruising. Anything under 32' gets pretty uncomfortable in high waves, although it can be done.
But this is also the range that gets expensive - quickly . So if we're on a tight budget, but also need a good and reliable boat: how much will it cost?
The boat will cost you $35,000. For this price, I've seen a beautiful 1983 wooden cutter (by Robert Tucker), multiple Beneteau Oceanis from '88 - '89, multiple Bavarias ... plenty of solid choices on the second-hand market here.
In this example, you don't join any sailing clubs (I assume you're pretty experienced if you want to cross oceans). You also don't winterize (you're sailing the Caribbean by now). No trailer, as you won't haul it out of the water any time soon.
You do pay a fair price for the boat because you don't want any surprises during your Tour du Monde. In need of a lot of bottom paint , since you're in saltwater most of the time. It's also a good idea to invest in at least SOME navigation equipment, so for $500 I've added a simple but capable GPS chartplotter and compass.
You can get a cheap but reliable chartplotter and compass for less than $500 - in total. If you want to learn more, head over to the recommended gear section .
The one-time costs are $37,590 Your total recurring costs are $5,425 per year, or $452 per month
$35,000 | |
at $10/ft | $340 |
at 5% | $1,750 |
$500 | |
at $15/ft | $800 |
$525 | |
$3,500 | |
$500 | |
$100 | |
varies | |
4. Powerful 40' Yacht (and everything that goes with it)
Let's say you're in the game for the fame. What does it cost me to own a grande yacht with all luxuries (and costs) that go with it?
I join an expensive sailing club, hire pros that maintain the thing beautifully, and I also pay for winterization, the best trailer I can find. I replace my sails and running rigging every 5 years - since speed matters to me. Because she's my pride, I paint her every year. I spend an additional 500 bucks a year on special soaps and waxes.
I want a prime mooring location, so I pay a premium. I also get a small boat to hang from the large boat, to get to shore more quickly.
The one-time costs are $166,400 Your total recurring costs are $15,150 per year, or $1,263 per month
$150,000 | |
$1,500 | |
$400 | |
$7,500 | |
$2,000 | |
$4,000 | |
$2,500 | |
at $50/ft | $2,000 |
$2,250 | |
$5,000 | |
$300 | |
$100 | |
$4,000 | |
$1,500 | |
varies | |
There are a couple of important factors that determine how much money you end up spending.
- Size - length determines mooring costs, insurance, amount of paint on your hull, literally everything gets more expensive with every foot of length
- New vs. used - of course, it makes all the difference whether you buy new or used. Typically, the price of a 25-year old used sailboat vs. a comparable new one is 3-4 times lower ($60,000 vs $200,000).
With used sailboats, I find that the price generally increases rapidly from 30 feet onwards
It's the same with new sailboats - or actually, it keeps increasing with every extra couple of feet. The reason is that as the boat gets bigger, it also gets more luxurious (upholstery, finishing, equipment).
The average price of a new sailboat per foot in USD:
- under 30 ft: $3,217 per ft
- 30 - 50 ft: $7,625 - $11,128 ft
- over 50 ft: $14,927 - $78,033 per ft
On average, second-hand sailboats go at 1/3 - 1/4 of the cost of a new boat:
- under 30 ft: $1,773 per ft
- 30 - 50 ft: $6,473 per ft
- over 50 ft: $10,091 - $36,889 per ft
If this is too much for you, you could always rent a boat instead. I recommend chartering. You can get great sailboats at great prices. Check out my charter recommendation here .
Cost of buying a sailboat
Price of new sailboats.
I've looked at the prices of thousands of yachts (really) on one of the largest yacht marketplaces in the world (- not manually, don't worry: with the help of their search function). This is what I came up with:
Length Range | Low | Average | High |
---|---|---|---|
15-19ft | $26,000 | $30,000 | $34,000 |
20-24ft | $54,000 | $70,000 | $84,000 |
25-29ft | $104,000 | $127,000 | $160,000 |
30-34ft | $162,000 | $244,000 | $320,000 |
35-39ft | $219,000 | $371,000 | $520,000 |
40-44ft | $260,000 | $464,000 | $643,000 |
45-49ft | $355,000 | $523,000 | $658,000 |
50-60ft | $578,000 | $821,000 | $1,146,000 |
80-100ft | $5,799,00 | $7,023,000 | $8,248,000 |
Source: Yachtworld.com Q3 2023
The price of new sailboats ranges from roughly $1,765 - $78,033 per foot. I've used these numbers to calculate the following list:
Prices per foot in USD
Here's the detailed price per foot for all lengths from 20 to 100 feet:
Length Range | Per Foot |
---|---|
15-19ft | $1,765 |
20-24ft | $3,182 |
25-29ft | $4,704 |
30-34ft | $7,625 |
35-39ft | $10,027 |
40-44ft | $11,048 |
45-49ft | $11,128 |
50-60ft | $14,827 |
80-100ft | $78,033 |
Price of used sailboats
We did the same for used sailboats, comparing thousands of listings. Here are the complete data:
Length Range | Low | Average | High |
---|---|---|---|
15-19ft | $6,000 | $15,000 | $26,000 |
20-24ft | $7,000 | $43,000 | $79,000 |
25-29ft | $8,000 | $67,000 | $146,000 |
30-34ft | $10,000 | $136,000 | $294,000 |
35-39ft | $16,000 | $253,000 | $512,000 |
40-44ft | $24,000 | $318,000 | $638,000 |
45-49ft | $41,000 | $340,000 | $656,000 |
50-60ft | $66,000 | $555,000 | $1,128,000 |
80-100ft | $487,000 | $3,320,000 | $6,514,000 |
Source: Yachtworld Q3 2023
The price of used sailboats ranges from roughly $882-$36,889 per foot . Here's the detailed price per foot for all lengths from 20 to 100 feet:
Length Range | Per Foot |
---|---|
15-19ft | $882 |
20-24ft | $1,955 |
25-29ft | $2,481 |
30-34ft | $4,250 |
35-39ft | $6,838 |
40-44ft | $7,571 |
45-49ft | $7,234 |
50-60ft | $10,091 |
80-100ft | $36,889 |
Prices on Craigslist
The price of used sailboats ranges from roughly $476-$2,098 per foot.
To get an average of the price of a used sailboat, I went over to Craigslist. I took the first 20 relevant search results for sailboats under, and over 30 feet.
Of course, the averages here are very speculative, as prices vary from day to day. But it gives a broad range of what to expect.
Over 50 feet, listings become meagre. I believe people tend to not place their 80-ft sailboats on Craigslist, but sell it through a broker instead.
Median Craigslist price of a used sailboat:
- under 30 ft: $11,065
- over 30 ft: $87,020
I've calculated the median price , not the average. The median is the price that's most common within the price range. This way the highest and lowest prices don't have as much impact.
Average Craigslist price-per-foot of a used sailboat:
- under 30 ft: $476 per ft
- over 30 ft: $2,098 per ft
This is what I found on Craigslist under 30 feet:
Washington dc.
Boat | Year | Length (ft) | Price (USD) |
---|---|---|---|
Macgregor 26x | 1997 | 26 | $16,500 |
Columbia 26 Mark II | 1972 | 26 | $7,000 |
Sabre Mk 1 | 1975 | 28 | $4,500 |
Hobie Mirage Tandem Island | 2018 | 18 | $2,999 |
Source: Craigslist Washington DC Q3 2023
Los Angeles
Boat | Year | Length (ft) | Price (USD) |
---|---|---|---|
Catalina 22 MKII | 2001 | 22 | $17,000 |
Ericson 26-2 | 1985 | 26 | $15,500 |
Beneteau 28 | 1982 | 28 | $15,000 |
Catalina 27 | 1972 | 28 | $13,500 |
Source: Craigslist Los Angeles Q3 2023
Boat | Year | Length (ft) | Price (USD) |
---|---|---|---|
BWC Flying Cruiser | 2002 | 18 | $12,000 |
Catalina/Capri 22 | 2007 | 22 | $11,000 |
Hunter | 1994 | 24 | $9,000 |
Hunter 27 | 1980 | 27 | $7,500 |
Source: Craigslist Houston Q3 2023
South Florida
Boat | Year | Length (ft) | Price (USD) |
---|---|---|---|
MacGregor 26x | 1997 | 26 | $14,995 |
Laser Bahia | 2023 | 15 | $12,500 |
Beneteau 235 | 1987 | 23 | $12,000 |
Watkins 27 | 1991 | 27 | $9,900 |
Source: Craigslist Miami Q3 2023
Boat | Year | Length (ft) | Price (USD) |
---|---|---|---|
Freedom 29 | 1985 | 29 | $10,500 |
RS Sailing Quest | 2022 | 15 | $10,000 |
Hunter 27 | 1983 | 27 | $10,000 |
Islander Excaliber | 1969 | 26 | $9,900 |
Source: Craigslist New York Q3 2023
Here's what I found for 30 feet and up:
Boat | Year | Length (ft) | Price (USD) |
---|---|---|---|
Kong & Halvorsen 48 Dawn | 1985 | 48 | $139,900 |
Beneteau Oceanis | 2011 | 49 | $129,000 |
Wellington 57ms | 1989 | 57 | $150,000 |
Ted Brewer 12.8 Cutter | 1983 | 42 | $89,000 |
Boat | Year | Length (ft) | Price (USD) |
---|---|---|---|
Hunter 460 | 2000 | 46 | $127,900 |
Hunter | 1995 | 43 | $95,000 |
Marine Technologies Ketch | 1979 | 48 | $89,500 |
Gemini 105 mc | 2001 | 34 | $84,500 |
Boat | Year | Length (ft) | Price (USD) |
---|---|---|---|
Whitby 42 | 1983 | 42 | $84,900 |
Gemini 105M | 1998 | 35 | $70,000 |
Island Packet IP-31 | 1984 | 34 | $35,900 |
Condor 30 | 1989 | 30 | $32,900 |
Boat | Year | Length (ft) | Price (USD) |
---|---|---|---|
Beneteau 423 Oceanis | 2005 | 43 | $139,000 |
Beneteau | 2008 | 43 | $134,900 |
Gemini 105mc | 2001 | 34 | $105,000 |
Catalina 34 MkII | 2003 | 35 | $85,999 |
Boat | Year | Length (ft) | Price (USD) |
---|---|---|---|
Hunter 340 | 1999 | 34 | $59,500 |
Jouet | 1985 | 37 | $50,000 |
Catalina 36 | 1984 | 36 | $22,000 |
Pearson 303 | 1985 | 30 | $15,500 |
Sailboat price development
Compared to our 2022 research, the median price of new sailboats has gone up 22.5% (from $251,000 to $307,500). The average price has gone up 33.6% (from $248,000 to $331,250).
The average price of used sailboats under 30 ft on Craigslist has gone up 30% (from $8,500 to $11,000).
Sailboat prices research archive
You can check our earlier research data here:
- 2022 average sailboat price data
- 2019 average sailboat price data
Catamarans are 60% more expensive
If you dream of owning a catamaran, you should expect to pay roughly 60% more for the boat, and 60% more on annual cost like upkeep and mooring. There are exceptions, of course, and for some boat lengths, new catamarans may be slightly more affordable than a monohull.
I've researched thousands of catamaran listings as well to come up with those numbers. The exact numbers are summarized in my guide on the average cost of buying and owning a catamaran. It's very similar to this article, so if you like this and are curious about catamaran prices as well, I encourage you to check it out.
Average Cost of Buying & Owning a Catamaran (With 4 Examples)
So let's take a quick look at the costs for owning a sailboat.
One-time costs:
- Registration : costs of registration differ per state, but usually run anywhere from $3 - $10 per foot.
- Taxes : differs per state and country. Most governments want you to pay property tax and sales tax. Sales tax is usually about 5%. Property tax varies and is more complex, so I'll leave that up to you to figure out.
- Trailer : $1,000
- Sailing club initiation fee : $1,500 - $4,000
Recurring costs:
- Mooring : $10-15 per foot per year (can be much higher for prime locations)
- Insurance : typically 1.5% of the total value of the boat. So a $50,000 26' cruiser will cost 750 bucks.
- Maintenance : a good rule of thumb is 10% of the boat value. Expect to spend anywhere between $500 - $2,500 per year for small to mid-sized boats.
- Fuel : depends on how much you use the boat and the engine, but on average something between $100 - $150. - Find out how much fuel a sailboat uses in my article here (opens in new tab).
- International License : if you want to sail on international waters, you have to get your ICC (International Certificate of Competence ). Plan on spending anywhere between 400 to 500 dollars.
- Safety equipment : plan on spending anywhere between 150 to 600 bucks for lifejackets, first aid kit, and distress signals.
- Winterize boat : $2,000
- Sailing club: $800 - $1,500
Cost of owning a boat
Maintenance
Part | Replace every | Cost |
---|---|---|
Engine | 20 years | $5,000 |
Standing rigging | 10 years | $4,000 |
Running rigging | 5-10 years | $5,000 |
Sails | 5-10 years | $2,000 - $5,000 |
Safety equipment | 10 years | $500 |
Batteries | 4-6 years | $600 |
Deck hardware | 20-30 years | $1,500 |
Bottom paint | 2 years | $500 |
Your average maintenance cost will be roughly $144 dollars per month for boats under 30', or just under $2,000 per year.
Maintenance involves a lot of hidden costs We took an in-depth look at everything . The result is a comprehensive article that lays it all out for new boat owners. Read all about maintenance costs
Gas engines run for about 1,500 hours, diesel engines run for 5,000. After that, you'll need to change them out.
Most engines will last you about 20 years.
A standard 15HP or 20HP outboard gas engine will cost you about $5,000 - $6,000 and needs replacing every 20 years or so. If you do the work yourself, it's more something like $1,000 - $1,500.
A smaller engine uses less fuel, reducing your total cost You can actually use a pretty small engine for most sailboats. To learn how small (and efficient) you can go, I've written a guide on how to calculate it yourself. Read all about outboard engine size
Replacing the sails and rigging
Most people that own a sailboat will have to replace the sails and rigging at least once in their lifetime. Replacing the mast is uncommon, but if you're unlucky and get demasted, it will need to be fixed. So I've added it to the "be aware this might happen" list - but won't add it to the monthly recurring costs.
If you need to replace the mast and boom, prepare to spend anywhere between $15,000 - $25,000.
I won't go into detail, but I have written a long article about the cost of new sails (opens in new tab). It's a really helpful post (with a formula) if you want to know what to expect.
Good quality cruising sails will need to be replaced every 10 years or so.
The cost of new sails is on average:
- 26' Bermuda Sloop rig will cost you about $1,000 - $2,500.
- 34' Bermuda Sloop rig will cost you about $3,000 - $5,000.
The cost of the new rigging is on average:
- Standing rigging - every 10 years at $4,000
- Running rigging - every 5-10 years at $5,000
Bottom Paint
Your boat will need bottom paint roughly every 2 years (could be longer, but to be safe, let's keep it at two). It's also called antifouling paint because it helps to protect your hull from weeds, barnacles, and so on. Barnacles can slice through your boat's bellow! So you don't want them on there.
On average, it costs about $15 to $20 per foot to get your sailboat hull painted professionally.
For a 26' sailboat, that's just 500 bucks. Money well spent.
Replacing safety equipment
USCG safety regulations require you to replace safety gear regularly.
- Lifejackets have to be replaced every 10 years.
- Flares have to be replaced every 42 months. You could consider buying a LED electric distress light instead, which will last you a lifetime.
- If you carry a life-raft you'll need to replace that every 12 years as well.
Adhering to the minimum safety requirements shouldn't cost you more than 150 - 250 dollars every 5 years. But if you want the good stuff, need more fire extinguishers, plan on spending more like $600. If you want a life raft, that's another $1,500.
To avoid you have to go cheap on your safety gear, I've put it in the budget for $500.
If you want to know exactly what the USCG safety requirements are, including checklists , definitely check out my article here.
Winterizing your boat
Winterization is an often overlooked cost, but it can be one of the largest expenses each year. If you're like me, and not so lucky to live in Florida, you need to winterize your boat.
Failing to winterize it will increase your maintenance cost over time, as the engine wears out more quickly, and your plumbing and equipment will fall apart. Winter storms and ice can damage the hull and mast as well. Learn all about the dangers of failing to winterize here .
It's the best way to protect your boat in wintertime, period.
It consists of two parts:
- Winterizing - costs $500 to $1000 - This is the preparation for winter storage. You flush the cooling system with anti-freeze, and the boat gets wrapped in a shrink wrap cover.
- Winter storage - costs $50 per ft on average
Some other maintenance costs:
- Batteries: deep cycle batteries need replacing every 4-6 years at $600
- Deck hardware: every 20-30 years (bullseyes, tiller, eye straps) at $1,500
Joining a Sailing Club
If you're new to sailing, you might want to consider joining a sailboat club. This might help you to get tips, make friends, and learn in a safe environment. Most clubs also organize races, which are a great way to quickly improve your sailing skills.
But it comes at a cost. Sailing clubs are very expensive.
Initiation fees range anywhere between $1,000 - $4,000. But that's not all.
Then there's an annual fee of $500 - $1,000 per year. And lot's of additional fees: for dining, lockers, etc.
If you're willing to skip Christmas, go for it.
How about making up for some of those losses? There's just no better feeling than earning back all that cash with the same thing that you've spent it on in the first place.
There are lot's of ways to earn a little extra with your boat - if you're willing to put in the effort. Here are a few ideas:
- hire yourself out as the captain of a personalized cruise (for families, newly-weds, groups of colleagues)
- take people to go fishing
- hire your boat out to yacht charter companies
- teach someone to sail
- take photographers, film crews, and artists on tours
- organize dolphin and whale watching tours
- delivery of cargo - some places just can't be reached by car, for example, the city center of Giethoorn (Dutch Venice). So you have a competitive edge here!
Some ideas to save money:
- install solar panels (no more dock power)
- buy a and cheap small boat (kayak or someting) to get to offshore anchorage (which are cheaper)
- shop around for insurance
- get gas at the gas station, not the marina
- do your own maintenance as much as possible
- find a friend with water access to avoid mooring
- use it a lot (prevents stuff from breaking)
- fix things that are broken immediately
- keep your sails out of the sun
- do your own upgrades
For example, convert your winches to self-tailing yourself. I was really surprised by how cheaply this can be done yourself. Read my article on how to do it here (opens in new tab).
How much does it cost to paint a boat hull? Painting a boat hull with antifouling paint will usually cost between $15 - $20 per feet. For example, a 25-foot sailboat will cost roughly $500. A 35-foot sailboat will cost $800 to repaint. You can get premium paints and services, which can quadruple the cost. Typically, a boat needs to be repainted every two years.
Why are used sailboats so cheap? Sailboats require a lot of skill and patience. They can be quite expensive to maintain and to keep in slip. Some people find they can't afford the marina rent, upkeep, and other costs; sometimes they simply don't want to; others don't want to sail anymore. In some cases, expensive and important parts are missing.
How much does it cost to charter a sailboat? The price of a charter depends on location, size of the vessel, crew or bareboat chartering, and so on. However, on average, a bareboat yacht charter will cost anywhere from $5,000 - $10,000 per week. Crewed charters cost anywhere between $10,000 - $15,000 per week. Superyachts may cost up to $150,000 per week.
Thanks to Jean-Pierre Bazard for letting me use his wrapped boat photo under CC BY-SA 3.0
Excellent write up. This is honestly the type of information that’s hard to find as you’re trying to get into sailing. I’m a car guy. People think of car collecting like Jay Leno, but it can be done cheaply. I get the impression sailing is the same way.
Shawn Buckles
Hi Stephen, thanks a lot for your kind words, really appreciate it! It really is kind of the same, it’s all about how much time and effort you’re willing to put in. As with anything, lots can be achieved with energy and attention.
Thanks again.
Serious question. Why are you buying a trailer for a 40 ft yacht? That doesn’t even make sense.
Hi Christian, thanks for the remark. 40 ft boat trailers do actually exist, although I agree that most people probably won’t trailer a 40 ft yacht.
Thank a lot for the very useful information„ now you caused me to start thinking why don’t I start sailing lessons to do round the world in a sail boat ( instead of an aircraft)
Hello Hatem, you’re very welcome. Smooth sailing, or flying.
Hi, I am not familiar with boats. My boss just asked me to find a nice boat for him. Thank you for this informative post, this helps me so much. By the way, I already found a site selling yachts here in the Philippines, here’s the link https://rayomarine.com Do you have any suggestion with brand and boat type. Thank you! More power!
Very good information, but I am having a hard time matching these number here in Southern California. Cheapest slip I found so for is $375/month, on a very run down and far from the ocean marina. At the harbor that I want, the cheapest I found is $800/month. Even if I was given a boat for free, just keeping it in place would cost me almost 10k/year
Excellent writeup, Shawn! Thank you very much for all your hard work and I look forward to reading your other articles on the subject.
Great info! We are in the market for our first sailboat and this answered many of our questions. Although I do agree with Rafael that slip prices in Southern California our much higher than what you listed. The marina we like will run about $1000 a month.
Thank you for your artical…a LOT of useful information included in it sir. I have been thinking about buying one for two years now, since I moved to a harbor town near where I grew up. We always had motor boats when I was young. But, I always loved sailing MUCH much more! I love the quiet of it, and always something to do, rather than just sit, drive, gas it up, dock, repeat. Laugh!! It’s about a ten min walk to the marina from here..and I have nothing but time. However my health is pretty bad. I just don’t know if I could handle it all alone. I’m thinking maybe a 25-30 foot cruiser. Thanks again sir!! I look forward to reading your other articles. Sincerely, Gary Heaton Olcott, Ny
Thanks a million! First time I come across an article that complete and with so much effort. For people thinking about buying a boat the info you provide is priceless.
John Callahan
Good information, but any article on prices should have a date associated with it. I see no indication of when this article was posted.
Thank you so much for this well done article. We’re looking at getting a boat and you’ve answered questions we didn’t even know we had.
Awesome article good job i am from Slovenia and thinking about buyng sailboat and sail for 6 monhs per year.I hawe bean looking on Holland sites too buy one can i maybe find auctions too buy a sailingboat i bawe wach Troswijk but they do t hawe any up ther?
Many of the costs quoted look very low to me, especially in the first article. Was this written a long time ago?
Excellent article. Am wondering though how do I dispose of a used boat if I get tired of it and can’t sell it or possibly run it aground. Maybe a 40 ft sloop?
Chris Kenny
Thanks for this infor.
Peace sailing.
Benjamin Sklar
Extremely helpful and interesting article! Thank you!
John Wallace
This is the most accurate information I have ever seen about boat ownership costs.
Many thanks!!!!
Shiela Shapcott
Hey, if you are looking for more resources, check out my website <a href=” https://139.xg4ken.com/media/redir.php?prof=407&camp=3552&affcode=kw35&k_inner_url_encoded=1&url=http://article-city.com/">Article City</a> as I cover topics about SEO. By the way, you have impressive design and layout, plus interesting content, you deserve a high five!
Leave a comment
You may also like, how much does it cost to dock a boat for a year.
Before buying your first boat you probably want to know how much it will cost you each year. So did I, so I checked hundreds of slips, and here are the numbers I …
Average Cost of Buying & Owning a Catamaran (With 4 Examples)
Cost of Catamaran vs. Monohull: Which is more expensive?
9 Ways to Learn to Sail for (Practically) Free
How To Live on a Sailboat: Consider These 5 Things
- Search Used Yachts For Sale
- Search Boats By Brand
- Search Boats By Type
- Search By Location
- Search By Price
- What's My Boat Worth?
- Search Boats Just Listed
- Small Yachts
- Custom Sport Fishing Boats
- Finance A Boat
- Amer Yachts
- Aquitalia Yachts
- Cabo Yachts
- Century Boats
- French Yachts
- Gulfstream Yachts
- Hatteras Yachts
- Shelter Island Yachts
- Solaris Yachts
- Sunpower Yachts
- Sunreef Yachts
- Vela Boatworks
- Virtus Yachts
- Why List With United?
- Why Own A Boat Or Yacht?
- Custom Website For Your Yacht
- United Sold Boats
- Buy A Yacht With Crypto
- Find a Yacht Broker Near Me
- Search For Broker By Name
- Meet The United Support Team
- Our History
- Fort Lauderdale Boat Show
- Stuart Boat Show
- Miami Boat Show
- Palm Beach Boat Show
- Other Boat Shows
- Yachting News
- Yacht Closing Services
- River Forest Yachting Centers
Search All Yachts
How Much Should I Pay For A Yacht?
By Robert Bowman | Posted On Dec 11, 2023 Updated On Apr 16, 2024
If you've reached the point in the process where you're considering exactly how much to pay for a yacht, then you have likely succumbed to the fact that your purchase is probably not going to be a smart financial investment. Let's face it, the moment you buy a new-to-you boat, the ancillary costs begin. Insurance, storage costs, maintenance costs, after-market equipment costs, fuel, and more begin to materialize.
1. What Classifies As A Yacht?
2. How Much Should I Pay For A Small Yacht?
3. How Much Should I Pay For A Mid-Sized Yacht?
4. How Much Should I Pay For A Large Yacht?
5. What Do Different Types Of Boats Cost?
6. What Does It Cost To Own A Yacht?
7. How To Price Your Yacht When Selling
One of the benefits of hiring a professional yacht broker is the information they can provide you ahead of time, giving you a complete picture of what to expect. They can also advise you on how much you should expect to pay for a yacht. When you hire a broker to work on your behalf, you are benefitting from all of their market knowledge gained through hundreds of transactions, along with the product knowledge of most builders and their models.
Asking how much you should pay for a yacht is a very broad question that needs to be narrowed down, as yachts may range anywhere from $20,000 up to $20 million or more. The yacht's size, power, equipment, condition, and even location, can all affect how much the sales price will be in the end. Even a boat built by the same manufacturer can have a difference of many hundreds of thousands of dollars for the same exact model based on several other factors, such as the hours on the engine or varying cabin layouts.
Before you make an offer on a yacht for sale you've found online, we highly recommend speaking with one of our professional yacht brokers that specializes in the type of boat you are interested in buying. Just the initial conversation may be enough to save you thousands of dollars in negotiations, as well as limiting any potential pitfalls.
What Classifies As A Yacht?
Ask anyone in the boating industry what classifies a boat as a yacht and you are likely to get many different answers. It's difficult to narrow down exactly what the cut-off is and what other characteristics come into play. For example, a 35-foot center-console could be a grey area. Most vessels at this size and price point would be considered a boat, however if it has substantial power, a large cabin, galley, bathroom, and other luxury amenities, it could easily fit into the yacht category.
The most commonly agreed upon size for a yacht is a minimum of 40-feet, but at some point around 100-feet in length, the vessel is commonly referred to as a superyacht. The definition of a superyacht does vary substantially, as some people refer to a 85-foot yacht as one. A superyacht becomes a megayacht at 200-feet. There are less than 6,000 privately-owned yachts worldwide that are over 100-feet.
How Much Should I Pay For A Small Yacht?
One of the great joys of owning a small yacht is that, assuming you have the necessary time at sea for the insurance companies, you can run the boat yourself. This allows for a greater level of privacy than if you have to have a fulltime captain on board. A small yacht can be defined as a boat under 65-feet, although this is a relative term to everyone's own experience and history.
It's also important to look at the current state of the yacht brokerage market. "Yacht prices are not what they were in 2021 and 2022," said Jeff Palmer , President of United Yacht Sales. "There isn't the same level of activity as there was 2 years ago, there are more price reductions happening, and you can generally get a better deal now than you could 12 months ago."
You can expect to pay between $450,000 - $500,000 for a smaller yacht on today's market between 40 and 60 feet. This is the average sold price of power boats in this range over the last 60 days (excluding sailboats). This range varied from the low end of $19,000 for an old 40-foot Chris-Craft cruiser to nearly $3.5 million for a Grand Banks Yacht. The average time the boats in this segment were on the market for sale was just under 6 months.
Examples of small yachts currently for sale:
- 2011 Sea Ray 580 Sundancer for $875,000
- 2009 Viking 50 Convertible for $1,199,000
- 2006 Meridian 459 MY for $319,000
- 2021 Valhalla V-41 for $959,000
How Much Should I Pay For A Mid-Sized Sized Yacht?
Just like the smaller boats, mid-sized yachts can also vary greatly when it comes to capabilities, reputation, accommodations, and of course, their selling price. A medium sized yacht in terms of size, would range from 60 to 80-feet in length and have a beam from 15 to 21-feet. These dimensions offer significantly more space on board for multiple bedrooms, bathrooms, and other amenities.
You can expect to pay between $1 million - $1.5 million as an average price for a mid-sized motor yacht . Again, this is the average range over the last few months in the U.S. market. These pre-owned yachts stayed available for sale just over 7 months on average. If you're buying a yacht in this range, it is highly recommended that you enlist the help of an expert, professional yacht broker as there are many potential pitfalls along the way.
Examples of mid-sized yachts currently for sale:
- 2017 Riva 76 Perseo for $3,395,000
- 2008 Hampton Endurance 700 for $1,695,000
- 1999 Horizon 64 for $457,000
- 2004 Viking 61 Convertible for $749,000
How Much Should I Pay For A Large Luxury Yacht?
Once you move into the larger yacht category over 80-feet, there any many different things to take into account. You will need a captain, a crew, a substantial slip at a marina, insurance, and more. This is where hiring a reputable, professional yacht broker is a necessity. At United Yacht Sales, we have many superyacht brokers that specialize in vessels of this size and can assist you every step of the way. Our closing team is also very experienced in dealing with bringing a yacht into the U.S. when flagged on a foreign country.
You can expect to pay between $5.5 million and $7 million, on average, for a yacht between 80 and 130-feet. That is a pretty wide gap so speaking with your broker about narrowing down your size range and price range is a must. Most of the yachts in this size range stayed on the market for about 6 months, but can be longer depending upon how big the yacht is and how expensive.
Examples of luxury yachts 80-feet+ currently for sale:
- 2019 Benetti 140 for $19,985,000
- 2012 Sunseeker 131 for $14,490,000
- 2022 Majesty 120 for $15,372,802
- 2010 Horizon 101 for $4,249,000
What Do Different Types Of Boats Cost?
The size and age of your boat do play a part in the overall price you will pay, whether new or used, by the type of yacht it is can also affect the final number. Some types of boats are more popular than others, while some require extra gear and equipment. Sportfishing boats for example generally need to come with things like a Seakeeper, extra plumbing for live-wells, outriggers, insulated fish boxes, ice chippers, and more. Just like the overall market itself has a wide range of prices, the clarity does not improve by narrowing down what type of boat you want.
Here Are Examples Of What You Can Expect To Pay For Boats By Type: (Last 90 days)
- The average price of a motor yacht is $736,684
- The average price of a sportfishing yacht is $541,699
- The average price of a downeast boat is $360,604
- The average price of a power catamaran is $459,590
What Does It Cost To Own A Yacht?
The purchase price of your yacht is only part of the equation as your broker will help to explain. The cost to own a yacht can also be substantial and needs to be well-thought out before entering into a contract. "The cost of ownership for a 60-foot, $1 million yacht is going to be about 10% of its value, or $100,000 per year if it's over ten years old," said Peter Schmidt, Founder of United Yacht Sales.
It's important that you invest in the upkeep and maintenance of your yacht after purchase. Someday you will go to sell that boat and being able to prove to the new potential owners that it was well cared for is important. We always recommend either hiring a professional captain or management company to take care of your investment. Keeping all service records and maintenance history in an organized place can mean the difference between your boat selling or sitting for several months at the dock.
How To Price Your Yacht When Selling
Coming up with the asking price when selling your yacht can be a difficult process. While you don't want to leave any money on the table by pricing too low, you also don't want your yacht sitting on the brokerage market for over a year. Less popular manufacturers, boats with a history of issues, and even the location you keep the boat can affect the cost.
Most boat owners look on different boating websites to try and find similar boats to theirs and see what they are priced at. While looking at what's available on the current market can certainly give you an idea what you can ask for it, there are many flaws that can affect the sale. Are the boats on the market priced to sell or priced high to see what they can get? Do they have the same power and equipment? What are their damage or service histories?
Hiring a professional yacht broker to help you decide what price to sell your yacht for can take the stress out of the process. A professional broker will have access to more sold boat information than the average owner and has a network of other brokers in the industry that they can call on to get their sales history on similar boats.
ABOUT UNITED YACHT SALES
United Yacht Sales has the world's largest network of boat buyers and sellers in the industry, thanks to our team of over 250 yacht brokers in 104 different locations. Whether buying a luxury boat or selling one, we have the right expert on staff to assist you in navigating the brokerage market for your type of yacht. If you're looking at selling a boat, there is no quicker way to get activity than listing it with United. Our entire team is immediately notified every time a listing agreement is made with United Yacht Sales and many boats are sold before they ever even make it online. Our support team is among the best in the industry at marketing your yacht. 100% of our marketing budget goes towards advertising our clients' listings, a claim not many other firms can make. To get started listing your yacht, fill out our online form What's My Yacht Worth ?
Here Are Other Yacht Sales Related Articles You Be Interested In :
- What's The Best Time Of Year To Sell A Boat?
- Are Yachts Worth Buying?
- What Is The Best Size Cruising Yacht?
- Yachts For The South Florida Lifestyle
- Best Boats For The Bahamas
- How Much Is The Motor Yacht On Average?
- Where United Yacht Sales Advertises Your Yacht
- Can I Sell My Yacht Without A Broker?
- What Does A Yacht Broker Do?
- How Much Should You Spend On A Yacht?
- What Are The Most Popular Yacht Brands?
- Why Are Boats So Expensive?
- How Much Does It Cost To Buy A Yacht?
- Get Rid Of Boat Smells Before You Sell It
- Hiring The Right Yacht Captain
- Choosing The Right Yacht Broker
- Is A Yacht A Good Investment?
- Advice On Purchasing A Yacht
Interesting Boating Links
Worldwide yacht sales.
- Beaufort Yacht Sales
- Wally Yachts
- Yachts For Sale Portland Oregon
- $500000 Yacht
- 4 Million Dollar Yacht
- Custom Sportfish
- California Yachts
- Trawlers For Sale NC
- Used Boats For Sale Canada
- 20 Million Yacht
- Boats For Sale Cape May NJ
- Sailboats For Sale in Georgia
- Boats For Sale Stuart FL
- 15 Million Dollar Yacht
- Boats For Sale Puerto Rico
Luxury Boats & Yachts
- Yachts For Sale Under $500k
- Prestige Yachts For Sale Canada
- 60 Ft Yacht For Sale
- Rybovich Boats
- Hinckley Boats
- Used Viking Boats For Sale
- Yachts For Sale Near Me
- Trawler Boats For Sale
- 30 To 40 Foot Boats For Sale
- 50 To 60 Foot Motor Yachts For Sale
- 2 Million Dollar Yacht
- 200000 Boat
- $300000 Boat
Popular Builders & Models
- Expedition Yacht
- Aquila Boats
- Flybridge Fishing Boats For Sale
- Pursuit Boats
- Pilot House Boats For Sale
- Catamaran Power Boats For Sale
- Cabin Boats For Sale
- High Performance Boats For Sale
- Albemarle Boats For Sale
- Sailing Catamaran For Sale
- Sea Ray 450 Sundancer For Sale
Trending Brands & Types
- Henriques Boats For Sale
- Magbay Yachts
- Richie Howell
- Ocean Reef Yachts For Sale
- Palm Beach Yachts For Sale
- Riviera Yachts For Sale
- Used Intrepid Boats For Sale
- Jim Smith Boats For Sale
- Meridian Boats For Sale
SEND UYS A MESSAGE
Recent posts.
Sep 01, 2024
The Hot List - September 2024
Aug 27, 2024
What Is The Best Flybridge Cruiser?
Aug 16, 2024
Your Yacht For Sale Now Featured on SuperYachtTimes.com
Aug 07, 2024
List Your Yacht Before The Fall Boat Show Season
How Much Does It Cost to Buy a Boat Versus a Yacht?
- For a boat to be a yacht, it has to carry certain features, and it's more expensive than other boats.
How Much to Buy a Boat v. a Yacht
Getty Images
While owning a boat can provide a sense of freedom and excitement that no other form of transportation can offer, it's not without costs— they can be more expensive than you anticipate, and not just at purchase.
Key Takeaways
- The average purchase price of a 20-foot boat is between $10,000 and $60,000.
- Ongoing maintenance and other costs make boat ownership more expensive than many anticipate.
- While not necessarily a good investment, boats provide other benefits that make ownership worthwhile for many.
Getting out on a river, lake or ocean in your very own vessel can be a dream come true.
But while owning a watercraft can provide a sense of freedom and excitement that no other form of transportation can offer, it's not without costs. In fact, boats can be more expensive than you anticipate, and not just at purchase.
Here is the difference between a boat and a yacht, and how each can come with a vast array of associated costs.
What Is the Average Cost of Owning a Boat?
The first cost associated with a boat is the purchase price. Fish and Ski Marine, a Texas-based boat dealership, reported the average purchase price for a new 20-foot boat in 2023 was between $40,000 and $60,000. If you bought the same vessel used, it would be between $10,000 and $20,000.
Boats come with other upfront costs besides the purchase price. Unless you'll be buying with cash, you'll finance the boat purchase .
The typical down payment is between 10% and 30% of the purchase price, and 15% is typical. According to Boat Trader , the average loan interest rate is between 7% and 10%, depending on your credit score, age, the type of boat and the economic climate.
You'll also need to register your boat and pay the sales tax, which may be added to the purchase price.
Fish and Ski Marine reports the annual cost of owning a standard fishing or pleasure boat typically ranges from $3,000 to $7,500 per year. This includes trailers, insurance, storage and marina fees, maintenance, fuel, education and licensing fees, and equipment and accessories.
What Makes a Boat a Yacht
Boats come in a vast number of varieties, from those that don't have motors, like sailboats and catamarans, to those that do, like cruisers, speedboats and yachts. And while all yachts are motorized, for a vessel to be considered one it must have certain characteristics, including:
- Minimum size . In general, a boat becomes a yacht when it is at least 33 feet long.
- Recreational purpose . Boats can have a wide variety of functions, such as sailing, fishing and business, but yachts are designed for comfort, entertainment and pleasure .
- Luxury features . Yachts usually have spacious staterooms, complete kitchens, several heads (bathrooms) and other living spaces. After that there are countless extras, from pools and hot tubs to multiple dining rooms, bars and even helipads.
- Sufficient power . Compared to other types of boats, a yacht's engine should be powerful enough to travel far distances.
The Bigger the Yacht, the Higher the Cost
For yachts, size is a major factor in the purchase price. Per Galati Boat Sales data , the average costs in 2023 were:
- Small (less than 50 feet): $500,000 to $2.5 million
- Mid (50 to 70 feet): $2 million to $6 million
- Large (70 to 90 feet): $6 million to $15 million or more
- Super (90 feet and longer): $10 million and more
- Mega (165 feet and longer): no average, but $600 million was a current going price
Jim Burns, yacht broker with Knot 10 Yacht Sales in Granville, Maryland, says there are many factors that go into the cost of yacht ownership.
“Keep a boat in your driveway and it won’t cost much, but if it's in a marina slip, you’re paying for that,” Burns says. “The bigger the boat, the higher that cost will be. Everything is done in feet, and all the marinas vary.”
For example, at the Kona Kai Marina in San Diego, the range is $28 to $60 per foot based on boat length over all (LOA) or slip LOA, whichever is longer. At the Cooper River Marina in South Carolina, long-term dockage is $15.25 per foot.
Boat and Yacht Upkeep Costs
Once you have the vessel, you’ll have to ensure it remains in proper working order. Time spent on the water is a major factor in how much it will cost in maintenance.
“You’re putting a ton of stress on the boat, just from the wear and tear,” says Yosef Shimels, co-founder of Destiny Yachts, a Miami-based private luxury charter company.
“You’re utilizing the AC, the water pump and the generator. Anything can go out at any time. We have to keep reserves for unexpected maintenance costs. I learned that something will go out, and more frequently than I expected,” he adds.
Trish Taylor co-owns Fire Drill Charters, which operates on Lake Michigan, with her husband, and she has a warning.
“There’s a saying that 'BOAT' stands for ‘break out another thousand’ and that’s not just one time, but over and over again,” Taylor says.
“And it’s true. Most people have no idea of the upkeep on boats. Boat ownership is different from owning a car. They simply don’t know what they don’t know,” she says.
Be on the lookout for the cost of regular oil changes, fuel filters, adding necessary technology and storage fees.
To reduce the monthly costs of keeping the boat in a slip (if it’s too long to keep in your driveway), you may consider taking it out of the water and paying for a storage space. Burns says $200 a month is typical, but it ultimately depends on the size of the vessel.
If you can’t find covered storage, you may have to pay to have the boat shrink-wrapped so it’s protected against the elements. That too, can set you back. For example, at Michigan’s Pier 33, wrapping a boat between 34 and 35.11 feet will cost $805.
Are Boats a Good Investment?
“Boats generally lose value after purchase,” Burns says. “If you buy one for $100,000, know that you’ll never sell it for that.”
But what you put into the vessel as well as the type can help keep its value or even increase it.
"We own a 1993 Tiara Yacht we bought eight years ago,” Taylor says.
"Because of the tech and performance upgrades as well as a sought-after style that’s not made anymore, it can go for double what we bought it for. Buyers recognize well-maintained boats that have been upgraded to make the boating experience even better,” she adds.
Is Buying a Used Boat Worth It?
“In most cases a used boat is a phenomenal option,” Burns says. “For a 43-foot yacht you may pay $43,000 because it's 25 years old. To buy a new one it can be millions.”
Do make your purchase through a qualified broker, though.
“Private sales can be risky,” Burns says. “It's like buying a used car from a person online. As a broker we go through a process and handle all the transactions so the buyer gets a legal boat, and in a condition that’s acceptable for their intended use.”
It’s especially important to buy a used boat with the assistance of an expert if you're a first-time boat owner.
“If you don’t, you won’t know what to look for,” Burns says. “What’s underneath the shine? These things can cost tens or hundreds of thousands of dollars. It could be rotted out from moisture, and a fix could cost $30,000."
Pros and Cons of Owning a Boat
In the end, there are many reasons to have a boat or yacht of your own.
“They are pleasure crafts, so it's tough to put a price tag on being with your family, hanging out at a really good marina and having fun,” Burns says.
Shimels says chartering the boat out helps cover costs and provides him with residual income. "It’s also a tax benefit , because I can write off the depreciation,” he says.
As for the disadvantages, they include the unpredictable costs. “We just had an unexpected repair,” Shimels says. “A generator just went out, and it was $10,000.”
Finding the right people to help keep the boat or yacht in good working order isn’t always so easy, either.
“You have to find a good mechanic, someone to do the cleaning,” Shimels says. “There’s a variety of people you have to rely on.”
Finally, not everyone can handle the money and stress of boat ownership, and that’s OK.
“We’ve had customers who sold their boat and simply do multiple charters with us,” Taylor says. “All they do is walk on, fish and pay us. They love it. No cleaning or upkeep anymore for them.”
How Much is a Private Jet?
Erica Sandberg Nov. 15, 2023
Tags: money , financial literacy , shopping , luxury
Popular Stories
Family Finance
Saving and Budgeting
Credit Cards
Personal Loans
Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved or endorsed by any other entities, such as banks, credit card issuers or travel companies. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired.
Your Money Decisions
Advice on credit, loans, budgeting, taxes, retirement and other money matters.
You May Also Like
How to calculate your cost of living.
Geoff Williams Sept. 13, 2024
What Is Reverse Budgeting?
Maryalene LaPonsie Sept. 12, 2024
How to Save on Everyday Expenses
Emily Sherman Sept. 12, 2024
The Best Time to Buy Large Appliances
Geoff Williams Sept. 11, 2024
Budget for Dorm Supplies
Erica Sandberg Sept. 10, 2024
5 Important Financial Goals for Teens
Emily Sherman Sept. 9, 2024
Budgeting 101
Jessica Walrack Sept. 6, 2024
How College Students Spend Their Money
Erica Sandberg Sept. 5, 2024
2024 School Supply Costs for Teachers
Geoff Williams Sept. 4, 2024
8 Best Coupon Sites and Apps
Jessica Walrack Aug. 30, 2024
Do Financial Wellness Programs Work?
Maryalene LaPonsie Aug. 29, 2024
The Lowdown on Group Gifting Etiquette
Erica Sandberg Aug. 28, 2024
Best Budget Apps for Couples in 2024
Jessica Walrack Aug. 28, 2024
Active vs. Passive Income
Emily Sherman Aug. 27, 2024
How to Get Out of a Timeshare
Jessica Walrack Aug. 27, 2024
8 Best Free Dating Sites in 2024
Geoff Williams Aug. 26, 2024
Vet Bills and Decisions You Must Make
Erica Sandberg Aug. 26, 2024
Refresh Your Wardrobe
Erica Sandberg Aug. 23, 2024
Here's Where You Can Find a Free Notary
Jessica Walrack Aug. 21, 2024
Things You Can Rent Out for Cash
Geoff Williams Aug. 20, 2024
- Cars, Jets & Yachts
How Much Does a Yacht Cost to Build?
The cost to build the world's largest superyachts is a closely guarded secret.
By Kim Ayling
The freedom that comes with owning your own yacht is unrivaled and, if you have the funds to do so, the joy of building your own is even better. However, with prices easily creeping up into the hundreds of millions, and even billions, we ask the all-important question: how much does a yacht cost to build?
Unsurprisingly, the total cost to build the world’s most famous yachts is a closely guarded secret, but there are a few fairly reliable estimations sailing around the industry. One standard way to work out how much a yacht will cost to build is price per gross weight. However, while this can be a helpful guide in valuing yachts, it doesn’t always correlate.
For example, it is thought that Lurssen’s 590-ft Azzam , which features a bulletproof owner’s cabin, an onboard golf practice suite and a submarine, cost in the region of $600m to build. At approximately 13,136 gross tons (GT), that would have made her around $45,676 per GT.
REV , on the other hand, which while still in construction is set to surpass Azzam as the largest yacht in the world at an impressive 602ft, is estimated to be costing around $350m to build. Her weight is thought to be around 17,440 GT, putting her at $20,069 per GT. Clearly, biggest doesn’t always mean most expensive. So what does affect the cost of a yacht build?
[See also: How Much Does it Cost to Charter a Yacht?]
REV is thought to be costing around $350m / ©REV Ocean
Custom vs pre-designed yachts
Firstly, you need to decide the kind of yacht you want: custom or pre-design. Naturally, a custom yacht build will be more expensive. But, for that extra cost, you will get full control over the design, the finish and everything in between.
The Rise of the Superyacht Marina
How Louis Vuitton Made the America’s Cup the Voyage en Vogue
H3: The Market’s Most Expensive Superyacht Debuts a New Design
A pre-designed yacht on the other hand will save you both money and time. This category of yacht is built based on an existing model, with finishing touches such as interiors, tenders and layout completed when she’s bought. Obviously, this leaves owners with a lot less freedom over their yacht, but it is considerably cheaper and can be delivered in a matter of months instead of years.
Choosing a yacht builder
The world of shipbuilding is dominated by a few key players. For a fully custom build, the likes of Lurssen, Feadship, Oceanco and Royal Huisman (among several others) rule the roost. With builders like this, you can expect to pay a higher price, but for that, you’ll receive years of experience, industry prestige, and cutting-edge technology and techniques.
The most prestigious shipyards will also inevitably have the most skilled team. The team involved in building a yacht is, to put it simply, vast. From start to finish, hundreds of pairs of hands will be involved in the process, with the key players including a yacht designer (interior and exterior), a naval architect and an engineer, as well as a huge team of skilled laborers. There will also be an owner representative working closely with the shipbuilder to ensure the project is delivered in time and to the buyer’s exacting standards.
Content from our partners
Why Northeastern Spain is the Finest Family Destination
The Ritz-Carlton, Cayman Cookout: A Culinary Celebration
Managing Director Dustin Dent on the Transformation of Nemacolin
The cost of your yacht build will of course include the wages of each of the experienced people involved in making it, so if you want the best, expect to pay for it.
[See also: Discovering the World’s Most Exciting Superyacht Concepts]
Viva by Dutch shipyard Feadship / ©Feadship
What affects the cost of building a yacht?
Naturally, a huge variety of factors will impact the total cost of building a yacht. Size is of course one of the main considerations, but materials are another key factor that will dramatically impact cost. Aluminum, for example, is favored for being an impressively lightweight hull material but ton for ton, it is far more expensive than steel.
Onboard technology will also see the final cost creep up rapidly. Demand for smart yacht technology, for example, is continuing to grow, with more owners wanting to replicate the ease of voice control tools that they enjoy in their home, onboard their yacht.
And things that we might take for granted on land such as high-speed WiFi become more complicated – and more expensive – on the water. Kitting your yacht out with a satellite dish can set you back anywhere up to $50,000 which while doesn’t sound much in the grand scheme of a multi-million-dollar ship build, is just one of many hidden costs.
How much do yacht toys and tenders cost?
The yacht itself is just the start of the story when it comes to working out costs. On top of the build, potential owners will need to kit out their boat with all the latest toys and tenders – from submarines to helicopters – which can add a serious amount to your total.
For example, a self-drive submersible by Triton Submarines , which will allow owners to see the underwater world in a completely new way, will start at around $15m. Similarly, while you can pick up a low-grade, second-hand tender for a few thousand dollars, a top-of-the-range option will easily creep into the millions.
Ultimately, the only way to work out exactly how much a yacht will cost to build is to make a serious inquiry with a broker, who will be able to connect you with a yacht builder. From here, you can collaboratively work together to ascertain your budget and exactly how much your perfect yacht will cost.
[See also: The Most Innovative Yachts of the 21st Century]
Oceanco, who made the sleek Esquel, is one of the best yacht builders in the world / ©Oceanco
Latest in Luxury
The explorer.
Thank you for subscribing to Elite Traveler.
How Much Does a Yacht Cost?
Living in luxury can be rather expensive, and if you want to learn more about purchasing a yacht, or maybe you just are curious on what the prices are, there are many things to learn about them in general. Just like many other transportation methods out there such as a car, boat or bike, there will be many factors which affect the price.
How much does a yacht cost?
The cost of yacht is dependent on the year, make/model, length, type (sail, motor, super, passenger, commercial, power, high performance) and seller.
A typical 20-foot yacht will cost anywhere from $35,000 to around 75,000 .
A midsized yacht around 30 feet can cost as much as $250,000 .
Larger yachts around the 50-foot range can easily reach the $1,000,000 mark.
Rare models longer than 100 feet can surpass $5,000,000 .
For example, a 150-footer can cost as much as $35 million.
According to Forbes , some of the most expensive Yachts cost more than $103 million dollars.
Used cabin cruisers can cost $15,000 to $45,000.
Length | Price Range |
---|---|
Under 30' | $35,000 to $65,000 |
31'-35' | $75,000 to $150,000 |
36'-40' | $125,000 to $225,000 |
41'-45' | $325,000 to $475,000 |
46'-50' | $375,000 to $625,000 |
50'-60' | $1.3M-$3M |
60'-70' | $1.5M-$3M |
70'-80' | $2.5-$4M |
80'-90' | $3.5M-$8M |
90'-100' | $3.5M-$8M |
100'-200' | $10M-$25M |
200'+ | $18M-$250M+ |
See what popular yachts and yachts owned by celebrities cost:
Type | Cost |
---|---|
Archimedes Yacht (James Simons) Cost | $100M |
Arianna Yacht Cost | $46M |
Attessa IV (Dennis Washington) Yacht Cost | $150M |
Aviva Yacht Cost | $100M |
Blue Moon Yacht Cost | $75M |
Boardwalk Yacht Cost | $40M~ |
Cakewalk (Walton Family) Yacht Cost | $150M |
Casino Royale Yacht Cost | $42M |
Dilbar Yacht Cost | $263M |
Eclipse Yacht Cost | $358M |
Fountainhead Yacht (Mark Cuban) Cost | $4.5M |
Greg Norman's Yacht Cost | $70M |
Helios Yacht Cost | $38M |
Lady Haya Yacht Cost | $65M |
Lady Sandals Yacht Cost | $7M |
Mogambo Yacht Cost | $100M |
Moonraker Yacht Cost | $25M |
Octopus Yacht Cost | $200M |
Paul Allen's Yacht Cost | $200M |
Samar Yacht (Kutayba Alghanim) Cost | $100M |
Sea Owl Yacht Cost | $75M |
Stella Maris Yacht Cost | $80M |
Steve Job's Yacht Cost | $200M |
Vertigo Yacht Cost | $50M |
Vive La Vie Yacht Cost | $80M |
What are the extra costs?
Luxuries, such as upgradable kitchens (stainless steel, etc), may be extra.
If you want to upgrade the interior when purchasing used, you may want to treat it like a home. Remodeling the kitchen or bathroom can cost $10,000+
When traveling across the waters, gasoline can add up fairly quick. Yachts can have tanks as large as 5,000 gallons.
Factor in other expenses such as upkeep or if it breaks down. If the yacht breaks down, mechanic bills can easily surpass the thousand dollar mark. As for maintenance costs, plan on spending at least 8 to 15 percent of the initial price for annual upkeep. If the boat cost $200,000, it’s best to budget at least $20,000 per year for upkeep.
Boats will require licenses, registration, and insurance. This will vary depending on the state you’re registering in. Boating insurance will widely vary on the value of the boat. On average, plan on budgeting at least $500 for a policy at the minimum.
Marina and ramp fees can cost more than $200,000 per year. Since you will have to store it, the costs will greatly depend on the size of your yacht and the marina.
If the yacht has to be towed from one marina to another, shipping fees can reach well into the thousands of dollars.
Due to the complexity of these boats, an engineer and captain is highly recommended for trips. Plan on spending at least $800 to $1,000 per foot for a trip. Mechanics can command higher prices. An additional crew may be needed, depending on the size.
Mooring around the world can cost you more than $4,000 per night in some areas. If an event is going on, such as the Monaco Grand Prix, your five-night stay could be $100,000 .
Tips to know:
Yachts are going to be very expensive. Before you even start the shopping process, you’re going to want to know what your budget is going to be. If you’re having a hard time finding a yacht that fits within your budget, you may want to meet with a specialized broker who can assist you with the entire process.
The next thing that you’re going to want to look at are your goals. Do you want to travel the world in this yacht? Are you just looking for an afternoon boat? Whatever it may be, each yacht can cater to different types of activities.
If considering used, be sure to note the age. Like a home, things inside the boat will start to go bad such as the appliances, floors and plumbing. The exterior of the boat is also something to consider as well as the exterior will need close attention such as routine cleanings.
Luxyachts.com has an operating cost calculator to give you an idea what it may cost to operate one.
How can I save money?
Consider purchasing used. Websites such as YachtWorld.com have many ads to browse.
If you can’t afford one, consider joining a club where you can either rent one or split it with other members.
Marine mortgages, similar to a home mortgage, are available for owners interested in buying one.
Advertising Disclosure: This content may include referral links. Please read our disclosure policy for more info.
Average Reported Cost: $0
How much did you spend?
Select State Alaska Alabama Arkansas Arizona California Colorado Connecticut District of Columbia Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
About Us | Contact Us | Privacy Policy | Amazon Affiliate Disclosure Copyright © 2022 | Proudly affiliated with the T2 Web Network, LLC The information contained on this website is intended as an educational aid only and is not intended as medical and/or legal advice.
Boat Detailing Prices: Average Cost For 13 Different Boat Types
We’ve analyzed some of the best prices for some of the most popular boat types. While there are many services that detailers provide, not all of them will have the same prices or packages included.
Please make sure to ask your detailer about everything you want done upfront to make sure they will meet your needs!
Here are detailing prices for 13 different types of boats to keep in mind when considering cleaning your boat:
Table of Contents
1) Pontoon Boat Detailing | Gives You A Gleam You Never Seen
Generally, pontoons are 16 to 30 ft. long (Class1 boat). As a rule of thumb, the larger the boat, the more it’ll cost to clean.
The price of a pontoon cleaning service also depends on the boat’s surface. If the surface of your pontoon appears chalky or faded, then it’s said to have its gel coat heavily oxidized and would require interior-exterior complete detailing service.
Overall, an average interior-exterior pontoon complete detailing can cost around $15 per foot and $23 per foot.
Basic cleaning packages can include:
- Wash gel coating (hull inclusive)
- Water spots removal
- Wax gel coating
- Dust and sand blowout from crevices and vents
- Storage compartment cleaning
- Carpet pressure washing
- Vinyl and conditioner
- Seat cleaning
- Canvas cleaning
- Optic clarity restoration
- Buffing polishing to remove medium to heavy oxidation
- Exterior window cleaning
2) Ski Boat Detailing | A Spotless Wonderment
This is an outboard runabout built for water skiing, with a roomy cockpit and sufficient fishing gear and equipment space. It ranges from 16ft. to 28 ft.
A simple restoration package is $15 per foot on average and can possibly includes:
- Floor cleaning, cup holder cleaning, tables, compartments, seats, and cubbies
- Wheel cleaning, tire dressing
- Vacuum interior cleaning
- Inside window cleaning
- Washing and drying of the hull
- High-end stain pretreatment
- Leather, plastics, and vinyl conditioning
- Carpet and upholstery shampooing
- Spotless wash and dry
- Outside window cleaning
- High-end cream wax to remove black streaks, algae, grime, and general dirt
- Oxidation removal
- Buffing and compounding to restore sheen
Exterior cleaning is best for chalky, oxidized, and dull-looking boats and covers the ski boat’s Hull, bottom, and Gunwales.
An acid wash would cost an extra $5 per foot. Examples of ski boats include Malibu, Cobalt, and Formula.
Check also our article with the most common problems with Formula boats .
3) Fishing Boat Detailing | Makes Fish Come Out To Play
Fishing boats come in numerous shapes and sizes. They are also known for their reliability, durability, and strength, enabling them to be operable in different waterways and remain on water for long periods.
Little wonder they pick up a lot of dirt after venturing into saltwater and freshwater. They range from 10-24ft.
Cleaning costs $14 to $18 per foot and includes:
- Carpets, seats, floor mats, and trunk vacuuming
- Interior surfaces’ wipe down with shampoo; conditioner application
- Stain and Pet hair removal
- Use of UV protection on harder interior surfaces due to long stays on the water
- Interior window cleaning
- Complete outside wash
- Degreasing and cleaning of tires and wheels
- Hand drying with microfiber materials to protect the coating
- Spray wax paint protector or UV protectant application to restore luster and sheen
- Malicious contaminate removal
- Dressing of plastics and vinyl
- Engine wipe down
Crestliner, Tracker Targa, and Lowe are some examples of fishing boats.
4) Sailboat Detailing | Take On The Waters With Verve
These come in many varieties and require a great deal of skill to clean as it does to operate.
They are generally considered a special boat and are a darling to cruisers and daysailers. They are in class 2 and 3 boat classification as they range from 25 to 80 ft.
Putting the wind back in your sails with a sailboat detailing demands at least $15 per foot, reaching up to $40.
The cleaning experience includes:
- Meticulous cleaning using eco-friendly products
- Interior glass cleaning
- Mildew and mold removal
- Vinyl and plastic cleaning
- Metal polishing
- Engine compartment cleaning and detailing
- Non-abrasive washing which removes environmental pollutants
- Cleaning of salty hulls
- Wiping of railings and metallic accents
- Rust removal and reduction
5) Jet boat detailing |For a Sharp-Looking Speedster
Known for their high maneuverability, jet-propelled boats span 14 to 25 ft. They are sizable enough to take on bigger waters, necessitating the need for detailing from time to time.
So, it’s best to expect a quote at the $15 per foot minimum rate, though it is not always a guarantee.
Prices also depend on the severity of use. Examples include Bombardier, Vortex, Argos, and Yamaha.
- Window cleaning
- Mold and mildew removal
- Seatbelt cleaning
- Protection from corrosion
- Compound on gel coats
- Seat conditioning
- Buffing and addition of protectant
6) Cruising Yacht Detailing | For Year-Long Lush Cruising
This kind of boat is for people who crave the feature of a home. It is a go-to option for enjoyable, relaxed sailing.
It offers sporty features and is sleek and comfortable. It is capable of long cruises, which is why this 25ft- 45ft cruiser is especially detailed when it’s time for cleaning.
Cleaning is sure to cost around $20 per foot. This is not a fixed price as the price also depends on the size of the vessel and its condition.
Cleaning includes but is not limited to:
- Cleaning and conditioning of glass windows
- Cockpit waxing
- Wastebasket emptying
- Dusting doorframes and handles
- Sanitize kitchen backsplash
- Sanitizing seating and kitchen table
- Shelve and knickknack dusting
- Refrigerator cleaning
- Rust removal
- Polishing of metals and rails
- Complete yacht drying
- Compound hull and topside
- Outside window washing
- Waxing and buffing
Examples of Cruising Yacht Formula, Cantius, Express
7) Bowrider Detailing | Adds Sparkle To Your Vessel
This versatile runabout boat is excellent for watersports or light fishing trips. They come in the 16-28 ft. range.
A classic bowrider design comes with a V-shaped seating section designed for extra seats and infill cushioning to convert the front end into a sunbathing area.
There are also cup holders, full-beam, aft bench, grab handles, and under-seat storage compartments. These add-ons necessitate that cleaning start from $15.
- Vacuuming of dust or excess moisture
- Scrubbing rear deck carpeting
- Fiber fluffing
- Stain removal procedures to rectify discolorations
- Waxing and polishing
8) Trawler Boat Cleaning | For An A-Plus Cruising Experience
Trawler boats, trawler yachts, or cruising trawlers are vessels designed for mid-to-scale fishing and usually under 40-feet long.
Cleaning this enormous boat costs around $15 per foot because modern-designed trawlers are easy to maintain.
Let’s look at what is needed for a trawler boat detailing.
- Upholstery and vinyl cleaning
- Canvas cleaning using the right waxes and protectants to prevent them from cloudiness
- Brightwork and refinishing for wood surfaces that are constantly exposed to ultraviolet rays
- Cleaning, waxing, and polishing for fiberglass and gel coating for aesthetic and protective purposes.
Beneteau, Ranger Tugs, Nordhavn, and Seapiper are examples of trawler boats.
9) Powerboat Detailing | High-Performance Boat Cleaning
This high-performance boat is known for its high power-to-weight ratio and is specifically built for speed, and features a narrow beam and a steep deadrise.
They comprise Spartan cabins, with the cockpit seat containing as many as 2-6 passengers.
Its use for long-distance activities makes this 25-60 ft. speedster a machine worth detailing regularly.
10) Dinghy Boat Detailing | In Appreciation Of Nature
This vessel measures between 7 to 12 ft. and are commonly used when you want to enjoy sightseeing on a small pond or pool.
It’s low-maintenance and can be propelled by oars, sails, or an outboard engine. A bigger boat can pull onboard a dinghy for emergency cases.
Detailing this little boat requires less than $10 to detail. Examples include Sea Ray, Bayliner, and Quicksilver.
11) Deckboat Detailing | For A Gleeful Ride, Every Time
This has a wide deck that can contain 8-12 people. They are powerful and are excellent for wakeboarding and skiing.
Hurricane Sundeck, Bayliner, Element, and Four Winns are some of the most likely sought-after deck boat brands out there, and they come with an average length of 9 to 23 feet.
They are popularly used for watersports and swimming. They usually cost around $10 per foot to clean.
12) Sportfishing Yacht Detailing| It’s All About The Next Big Catch
This boat is used for hunting large fish, staying atop water for days, and is manufactured with sleeping berths, a cooking gallery, and plumbing.
You can use them for saltwater fishing and overnight cruising. Sportfishing yachts can have a length of 24 to 100 ft and can cost up to $15 per foot for detailing.
Examples include Contender, Henriques, Boston Whaler, and Beneteau.
13) Daysailer Boat Detailing | For A Squeaky-Clean Outdoor Experience
The daysailer boat is a small sailboat. It is slightly smaller than a dinghy and is suitable for daytime rides that appeal to esthetic sensibilities and your budget.
They are usually under 25 ft. and command up to $15 per foot for detailing. Hunter, Catalina, Hobie, and Sage are some examples of day boats.
Click to share...
IMAGES
VIDEO
COMMENTS
Yacht Price Examples for Three Other 40-50 Foot. 42-foot Grand Banks 42 Classic; trawler-cruiser style yacht; twin diesel, 350 hp each, cruising speed is 13 mph. Price: $370,000 for 2004; $124,500 for 1986; older ones for less. 45-foot Sea Ray 450 Sundancer or Sedan Bridge; single or twin diesel, about 1,000 hp total; cruising speed about 26 mph.
Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel ...
In 2021, the average selling price of a yacht is approximately $640,000, with prices ranging from $300,000 to over $15,000,000. ... what they plan to do on the boat, and the amount of equipment they choose. A 50-foot yacht can vary in price by several hundred thousand dollars depending on how new it is, its engines, brand, and amenities. ...
Yacht insurance is a significant cost that should be factored into your decision to buy a yacht. The cost of insurance can vary based on the size, type, and value of the yacht. For example, a 180-foot superyacht may have insurance costs upwards of $240,000 per year. Obtaining quotes from various providers is essential.
The total estimated upfront costs of buying a 50-foot yacht range from $458,000 to $692,000 and include the initial purchase price and other fees. There are also hidden costs that total $70,000-$300,000+ per year. For ongoing costs, the total estimated annual costs are $35,000-$85,000 per year. Although costly, with proper budgeting ...
When referring to larger sailing yachts—and by larger we are talking about 100-foot yacht prices—there is a "rule of thumb" estimate of $1 million per 3 feet in length. So a 100-foot yacht may cost in the region of $30 million. But sliding back down the length ladder, it's possible to pick up a small, used sailing yacht for a fraction ...
New yachts over 100-feet long have an average price of a yacht equal to $1 million per 3.3 feet in length. In other words, a 100-foot yacht will, on average, cost more than $30 million. Older yachts below 85 feet are less expensive. For example, an 84-foot yacht originally built in 2002 and renovated in 2015 sold for $1.45 million.
The average price in the 56 to 79-foot category was $1.18 million, with 997 yachts sold in 2022. The cost of a yacht is substantially influenced by whether it is new or used. For instance, the base price of a new Viking 58 is $4.1 million, while a three-year-old model can be acquired for $3.5 million.
Luxury yacht prices, like the yachts themselves, differ enormously. According to 2014 sales data, the average yacht price for a second-hand yacht for sale is €7.9 million ($8.4 million), but prices of super yachts can start at around $1.5 million for a small or older yacht and rise to a $600 million, which is how much Azzam, the largest yacht ...
The average price of a new sailboat per foot in USD: under 30 ft: $2,400 per ft; 30 - 50 ft: $5,700 - $8,500 per ft; ... over 50 ft: $5,100 - $17,000 per ft; Price of new sailboats. I've looked at the prices of thousands of yachts (really) on one of the largest yacht marketplaces in the world (- not manually, don't worry: with the help of their ...
The average price of a yacht in the UK is difficult to determine due to the variety on offer. A yacht can cost anywhere from around £10,000 to several million pounds before you start to get into super yacht territory. That said, a mid-sized sailboat should cost you between £50,000 and £100,000.
The average price of used sailboats is $278,000 ($67,000 to $555,000). Maintenance costs are on average $2,000 - $3,000 per year, and the average total annual cost is $3,000 to $7,000. Of course the price of a sailboat depends on our choices. We decide whether sailing is a rich man's game, or actually a very good holiday investment.
The Cost of Small Yachts. At the lower end of the spectrum, you'll find pocket yachts, also known as small yachts, or for the sake of this article anything below 50 feet. Often times small yachts are referred to as "day boats" or "weekenders" and typically have a starting cost of anywhere from $500,000 to $2,500,000.
An average-sized yacht costs about $8.4 million to buy. A 60-foot yacht costs about $100,000 per year to maintain. The purchase price of a yacht is just its initial cost. When asking how much a yacht is, you also have to consider the expenses of owning one.
According to Northrop and Johnson, superyacht charters can cost anywhere from $150,000 per week to over $2 million per week plus expenses. The 278-foot yacht O'ptasia, for example, has charter prices starting at $868,000, while 196-foot Scott Free starts at £395,000 per week. Buying a Superyacht.
Because the size and amenities of this boat vary so wildly, the prices can vary wildly as well. A cabin cruiser will generally range anywhere from $100,000.00 to $500,000.00. Below $100,000, and you're probably looking at a cuddy cabin and above $500,000.00, and you're probably looking at a yacht or trawler.
You can expect to pay between $450,000 - $500,000 for a smaller yacht on today's market between 40 and 60 feet. This is the average sold price of power boats in this range over the last 60 days (excluding sailboats). This range varied from the low end of $19,000 for an old 40-foot Chris-Craft cruiser to nearly $3.5 million for a Grand Banks Yacht.
Mega Yacht pricing. Mega Yacht listed for sale on YachtWorld offers a diverse price range, from $85,738 on the more reasonably-priced side to a stunning $107,404,356 for the most extravagant models available. It is important to take into consideration the expenses associated with ownership when evaluating your budget and the listed price of a ...
For yachts, size is a major factor in the purchase price. Per Galati Boat Sales data, the average costs in 2023 were: Small (less than 50 feet): $500,000 to $2.5 million. Mid (50 to 70 feet): $2 ...
At approximately 13,136 gross tons (GT), that would have made her around $45,676 per GT. REV, on the other hand, which while still in construction is set to surpass Azzam as the largest yacht in the world at an impressive 602ft, is estimated to be costing around $350m to build. Her weight is thought to be around 17,440 GT, putting her at ...
A 71-meter yacht using 500 liters of diesel few per hour, which brings the annual gas costs to around $400,000. ... And price and length aren't the only features worth bragging about. Many come ...
A midsized yacht around 30 feet can cost as much as $250,000. Larger yachts around the 50-foot range can easily reach the $1,000,000 mark. Rare models longer than 100 feet can surpass $5,000,000. For example, a 150-footer can cost as much as $35 million. According to Forbes, some of the most expensive Yachts cost more than $103 million dollars.
The daysailer boat is a small sailboat. It is slightly smaller than a dinghy and is suitable for daytime rides that appeal to esthetic sensibilities and your budget. They are usually under 25 ft. and command up to $15 per foot for detailing. Hunter, Catalina, Hobie, and Sage are some examples of day boats.