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.

How much do yachts cost to maintain. For a yacht thats 60-feet later model year and with average usage you can expect to pay 30000 per year. Well help you find or build the Cobalt Boat of your dreams call us today to get started. Extrapolate that to a year and you may be spending anything between 3500 to 15000 a year depending on your boat and marina.

Using their most recent article as a guide a crew of 8 full-time crew on a 150 yacht will cost over 650000 per year in salary alone. Superyachts vary in price though. How many crew members are necessary depends on the capability of the hired crew and the level of service demand by the yacht owner.

Well help you find or build the Cobalt Boat of your dreams call us today to get started. 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. Maintenance Cost The annual cost to insure operate maintain and store a yacht averages roughly 10 of its purchase price so every ten years you will end up paying for your yacht all over again.

It is outliers like these that increase the price average for yacht owners perhaps scaring potential owners when they start their research. Towergate estimates that annual dockage fees run for 350000 insurance averages 240000 and maintenance and repairs can be in the millions as. Fuelling a superyacht can cost upwards of 300000 a year with maintenance amounting to around 775000 a year.

We hate to hear when yacht owners were told by their broker to factor in 10 of the purchase price to operate the yacht. Get a complete crew cost breakdown. Venus which belongs to the family of Steve Jobs was bought for 129 million while Roman Abramovichs 500ft Eclipse cost a cool 500 million.

Ad Hall of Fame boat dealer with a full line of Cobalt Boats offering salesservice storage. Ad Hall of Fame boat dealer with a full line of Cobalt Boats offering salesservice storage. For an average-sized yacht of 45 metres the maintenance price can range from anywhere between 25 million and 4 million per year.