That means one hour with your boat could cost you 70 and 350 for five hours.
How much does a yacht cost to run. For example new 20-foot yachts cost under 50000 but 30-foot weekenders run around 200000 and new 50-foot cruisers around 1 million while 100 footers top 8-10 million. New 250-foot yachts run 50-70 million. Moving down the list and another essential running cost is antifouling which sets Nick back around 750 per year including lifting out scrubbing down painting and relaunching while replacing anodes is another 50-100 per year.
A midsized yacht around 30 feet can cost as much as 250000. 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. Towergate estimates that annual dockage fees run for 350000.
Heres How Much Yachts Cost on Average. For high-end boats expect the cost to be much higher. If you love taking your bad boy out youre likely to spend over 2000 on fuel every month.
Rare models longer than 100 feet can surpass 5000000. Initial Cost Of A Superyacht. 10 Million The cost of a superyacht varies depending on the size and technology it comes with.
Luxury Yacht Group provides salary guidelines that line up with that estimate. The price climbs exponentially for yachts that exceed 100 feet. Many owners of boats worth less than 5-10000 opt for third-party only policies which can cost under 100 per year.
Lets resume the magic formula for yacht fuel calculation. The cost of maintenance has the potential to be lot less predictable than most of the costs above. Get a complete crew cost breakdown.