How Much Does It Cost To Own A Small Boat. The cost of ownership for a 60-foot 1 million yacht is going to be about 10 of its value or 100000 per year said Peter Schmidt Founder of United Yacht Sales. This gives a total maintenance cost of roughly 5000 per year.
Technically a yacht begins at 23 feet. As an example if you do it yourself the cost for this will range between 100-200 for a 36ft 11m boat depending on the quality of antifoul used. Low cost brands for fisherman include Tidewater and Sea Hunt while higher end brands include Boston Whaler and Grady-White.
A 40-foot yacht can be found used for around 200000 and new models can cost as much as a million dollars.
Within this range you will find skiffs small center consoles dual consoles and jon boats. On average a new fully equipped fishing boat in the 16 to 20 foot range with an outboard motor trailer and standard features will cost between 18000 and 45000 depending on the make and model. Prepare the boat before you move so it feels like a home not a camper. In my wildest dreams I did not imagine that owning a relatively small sailboat would cost so much money.
