Meaning a 10000 boat will cost about 150 a year.
How much does it cost to own and operate a yacht. We hate to hear when yacht owners were told by their broker to factor in 10 of the purchase price to operate the yacht. Larger yachts around the 50-foot range can easily reach the 1000000 mark. A midsized yacht around 30 feet can cost as much as 250000.
However it is worth it. 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. 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.
They start around 300000 for smaller 40-foot models and can go as high as several hundred million dollars for the biggest superyachts. Captains cost roughly 1400 per year per foot of boat thats 156000 or so to command a mere 100-footer according to Forbes. Crewed charter cost for a small yacht typically start at 10000 to 15000 per week and rise quickly.
Note that docking costs can vary significantly depending on state location type of docking docking duration and size of the boat. Generally prices cost from about 50000 onwards for a second hand boat. You can expect to pay roughly 6-10 of the value of the boat annually in associated costs.
You can pretty well estimate that for a later model boat of this size in the Florida market your general costs are going to. On the other end of the scale some of the biggest fanciest yachts with spacious onboard living space can cost over a million bucks. Owning a yacht costs a lotthe rule of thumb is generally 1000000 per meter.
Based on your docking choice 0 your average yearly rate including docking and other fees like electricity will be around per month for a total of over the time of ownership. Heres How Much Yachts Cost on Average. For a 50000 boat you will be looking at about 750 per year.