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 shouldnt rely upon it.

How much it cost to maintain a yacht. This can be a big ticket item depending on where you keep your yacht. Its very hard to enjoy your boat when it becomes an unexpected drain on your financial resources. Annapolis is a great example.

That means one hour with your boat could cost you 70 and 350 for five hours. For high-end boats expect the cost to be much higher. On average it costs between 1000 and 5000 every year to maintain a cruising sailboat.

Currently the average superyacht costs 275 million. Slip depending on where you go. Marinas in Annapolis charge an average of about 15 a foot per month.

Yacht Crew are necessary for vessels over 80 feet and on average costs the owner 6500 per crew member per month for vessels up to 120 feet in length. Operating a megayacht like those above includes hiring and maintaining a crew of up to eighty who live onboard year-round. For example 26 boat would probably cost around 450 to shrink wrap.

This does not even account for maintenance costs either. How much it costs to maintain your sailboat depends on a number of factors including the size and material of your boat how often you use it and how you store it. I found that the 3 most costly factors in yacht ownership are.

Many full year contracts for slips in Annapolis range from 7000 to 15000 a year for a 40 ft. We hate to hear when yacht owners were told by their broker to factor in 10 of the purchase price to operate the yacht. You can expect to pay a little more depending on the size of your boat as shrink wrapping fees are general priced per square foot your boats beam X length.