how much does a medium sized yacht cost

Average Yacht Prices | 40, 50, 60, 70, 100 feet + Helpful Examples

How much do yachts cost? Let’s look at yacht prices per size.

SELECT SIZE ⇩

Note: We will look at yachts that are a few years old. Very few people buy brand-new yachts as the price comes down a lot after only a few years.

How much is a small yacht? Let’s start at 40 feet length.

40 Foot Yacht Cost

A 40-foot yacht can be found used for around $200,000 and new models can cost as much as a million dollars. There are always lots of used yachts for sale around 40 feet in length, which makes them more attractive to first-time buyers.

Technically, a yacht begins at 23 feet. However, yachts that size will more often be referred to as boats.

A 40-foot yacht is a great option for looking for relative simplicity and plenty of comfort and capability. This size is great for day trips in the Caribbean dedicated to speed boating or simple cruising.

The size remains manageable, but the vessel can be updated with extra living spaces and amenities as desired, with a more affordable price than larger options.

The maintenance prices will remain lower as well.

Make sure you are considering the age of your yacht. Even if it is on the smaller end, it will be more expensive if it is new and custom-built to your wants.

Even if you think a 40-foot yacht is the cheapest option, these small factors make for a sliding price scale.

You might find that a smaller, new, custom yacht is more expensive than an older, simpler, larger yacht. One benefit of an older yacht is that it should have the improvements and equipment that make it comfortable to operate and will not have those additional costs.

For  sailboat prices specifically, check out this article .

Our Pick: Viking 42 Convertible: Cruise and Fish (2014)

Price: $895,000

• Cushioned seats
• Underwater lights
• Flybridge fiberglass hard-top
• Recent engine and service
• Joystick control
• Cockpit shade with poles, freezer, and step-up box
• Custom chairs
• Coach roof overhang to provide shade
• home theater setup
• Freshwater wash area
• Cockpit freezer and drink box
• Forward-facing viewing windows in deckhouse

Here’s a great example of a yacht with differing ages and year models. It has twin diesel engines, 600 hp each, and cruise at 35 mph (pretty fast!).

Yacht Price Examples for Three Other 40-50 Foot

• 42-foot Grand Banks 42 Classic; trawler-cruiser style yacht; twin diesel, 350 hp each, cruising speed is 13 mph. Price: $370,000 for 2004; $124,500 for 1986; older ones for less
• 45-foot Sea Ray 450 Sundancer or Sedan Bridge; single or twin diesel, about 1,000 hp total; cruising speed about 26 mph Price: $472,000 for 2012 twin-engine
• 41-foot Back Cove Downeast; single diesel 715 hp; cruising speed is 26 mph Price: $619,000 for 2016

50 Foot Yacht Cost

50-foot yachts are  normally owner-operated, so you wouldn’t need to pay for a crew. Now we are around the size of 2-bedroom yachts.

They can provide more living space giving the owner flexibility for more guests and making it a more permanent residential option. With more space comes the opportunity to install more amenities as well.

The biggest difference between the 40-foot vessel and the 50-foot is the accommodations.

Expect three-cabin layouts, which give plenty of space for rest. The opportunity to create guest rooms, owners’ suite, and entertainment spaces are better with these yachts.

Our Pick: Hatteras GT54 Convertible Sportfish

The price for the 2017 model of this used yacht starts at $2,249,000. 

This yacht is 53′ 10″ long and weighs 75,000 pounds! It has twin diesel engines, 1,300 hp each, cruising speed of 35 mph.

It has a 1200-gallon fuel capacity with three staterooms. It sleeps up to 6 people, so it is perfect for entertaining without being so large to the point where maintenance becomes very difficult. It is known for its great propulsion rates and is very smooth and agile.

It specializes as a fishing boat but allows plenty of room for guests. In addition to the three staterooms, it has a large salon deck, a spacious galley, and plenty of indoor and outdoor seating.

Yacht Price Examples for Two Other 50 Foot

• 51-foot Azimut Magellano 50; express cruiser; twin diesel engines, 425 hp each, cruising speed 16 mph Price: $670,760 for 2013
• 52-foot Carver C52 Command Bridge; twin diesel engines, 600 hp each; cruising speed 18- 26 mph Price: $1,149,000 for 2017; $1,750,00 for 2021 with bow thrusters, gyro-stabilizer

How much is a large yacht? Let’s  step up to 60 foot.

60 Foot Yacht Cost

Now we’re looking at 2-bedroom yacht prices. A yacht in this range approaches the upper end of the owner/operator criteria.

This means that owners need to decide whether they can handle this size yacht on their own or if they need to hire outside help from a crew.

If you’re thinking of buying a boat this size, the cost may not be an issue, but understand that adding crew members adds substantial extra expenses! Crew salaries start at around $3K /mth for junior members and $10K for captains and experienced crew members.

This size is great for longer travels beyond day trips and adds more and more space for extra amenities. Hosting guests becomes easier.

Here are some examples:

Our Pick: Hatteras M60

The average base price for this model is around $2,995,000.

The Hatteras M60 is great for someone who wants the luxury of a larger yacht but still wants to be an owner-operator. The deck’s layout below and above is spacious, with a large salon and a full master suite. It can be customized to order with hardwood floors or specific carpeting and amenities like TVs, a bar, a full kitchen, etc. It is a motor yacht, meant for pleasure cruising.

It has twin diesel engines, 1135 hp each; cruising speed is 28 mph.

Yacht Price Examples for Two Other 60 Foot

• 64-foot Schaefer 640; express cruiser; twin diesel engines, 625 hp each; cruising speed 25 mph Price: $1,299,000 for 2017
• 60-foot Sunreef 62 Sailing Catamaran; twin diesel engines 110 hp each; cruising speed 10 mph Price: $990,000 for 2009

70 Foot Yacht Cost

We’re now looking at 3-bedroom yachts. Once you reach this size yacht, it is almost guaranteed you will need a crew to help operate it. A crewed yacht is very different from an owner-operated yacht.

This is just shy of the superyacht category, so if you settle on this size, know you are almost there!

As previously mentioned, as the yacht size gets larger, so do the number of factors that make the purchase more layered and complex.

When yachts reach this size, the interior layout begins to change more drastically. They often have a spacious main deck perfect for dining and entertaining guests, whereas below, the yacht would likely have four or more cabins and crew quarters.

With more rooms comes more cost and more opportunity to customize the space to make it your own.

Here are some great options for this size:

Our Pick: Hatteras GT70 Convertible Sportfish

The 2017 GT70 model runs around $4,500,000, but keep in mind the extra costs of maintenance, furnishing, and a cabin crew to help it run. It’s great for a long vacation and far-away destinations.

The GT70 convertible sportfish is known for its speed and agility, and high propulsion power. It has twin diesel engines, 1900 hp each; cruising speed over 30 mph.

It is 70′ 6″ with 2,140-gallon fuel capacity. The inside is lavish, with a galley, a huge salon, and five staterooms.

Yacht Price Examples for Two Other 70 Foot

• 75-foot Hatteras Motor Yacht; sport cruiser; twin diesel, 1800 hp each; cruising speed 28 mph. Price: $4,375,000 for 2017
• 74-foot Ocean Alexander Motoryacht; twin diesel, 1150 hp each; cruising speed 24 mph. Price: $1,895,000 for 2011

100 Foot Yacht Costs (and up):

You are officially in the superyacht range.

These yachts come in all styles and shapes, allowing for cruising along coastlines or focusing on watercraft and speed boating.

Since this is likely the peak size boat for practical use, you can expect a lot of additional costs for hiring a crew, maintenance, docking, as well as stocking your boat full of amenities. 

You’re likely to spend the bulk of your costs furnishing this size boat as bigger yachts typically are sold without furniture. The previous owner will want to hold on to designer furniture and other expensive interior.

Check out these great  examples of 100-foot yachts .

Our Pick: 143′ 04″ Virtus 44

This model cost around $20,189,000.

This mega yacht is anyone’s dream.

It is home to a fully integrated beach club with room for a pool deck, floor-to-ceiling windows in the main salon, a hot tub on the top deck, five staterooms, an 8-person crew, and room to sleep ten guests.

It has room for water toys and other gadgets, with a layout that keeps them purposefully hidden from the outside world. It has a 12-knot cruising speed and 16-knot max speed,

Other 100+ Feet Yachts Price Examples

• 98′ 5″ AB 100 Price: $8,843,260 for 2018
• 161′ 04″ Acico Nassima Price: $17,933,000 for 2012

How Much is Yacht Insurance?

Insurance on a yacht is around 1% of the purchase price per year. It can go higher if you have lots of expensive designer furniture. This can add up over the years. It’s often cheaper to insure a sailing yacht but the price range is still within the 0.7-1.3%.

What Other Expenses Do Yacht Owners Face?

Harbor fees is another expense for yacht owners. It’s also a yearly fee that varies but as a rule of thumb, you can expect to pay around $100 per foot per year, depending on how popular the marina is. You will also have to be on a waitlist if you want a good location.

How Much Does a Luxury Yacht Cost?

A super yacht fall under the category of “luxury yachts” or “mega-yachts”.

The world’s largest private vessel belongs to the Prime Minister of the United Arab Emirates, Khalifa bin Zayed Al Nahyan’s Azzam. It is 590 feet long and costs $600 million to build!

It is outliers like these that increase the price average for yacht owners, perhaps scaring potential owners when they start their research.

As a luxury yacht price guide, however, we need to look at averages.

Currently, the average superyacht costs $275 million. This does not even account for maintenance costs, either.

Superyachts are large and luxurious, needing a professional crew to help them run. They are designed to emphasize comfort, speed, and longer expeditions – depending on the yacht builders.

They might have:

• swimming pools,
• water toys,
• diving and fishing poles,
• fully furnished rooms,
• helicopter landing pads,
• and smaller support vessels

Just to name a few amenities. They are truly the epitome of the elite.

What Size Boat is Considered a Yacht?

The normal yacht length starts at around 23 feet, and can extend hundreds of feet.  If the boat meets 23 feet, it can be considered a yacht.

A boat does not need luxury features to be considered a yacht.

It can be minimal and stripped of the “extra” stuff to fall into the yacht category, so long as it meets the size and length criteria.

11 Things to Consider Before You Purchase

When making this purchase, the yacht size you buy needs to reflect what you hope to get out of the vessel.

Some important questions to ask yourself before you buy are:

• What does your perfect day on the water look like?
• How long will your average day on the water be?
• Will it be more boating/watercraft focused or long cruise focused?
• Will you use the yacht for fishing?
• Will you be on the yacht every day of the week or just on weekends?
• How many people do you hope to fit on the yacht?
• Do you plan to stay on the yacht overnight?
• Where will you dock the yacht?
• How much boating experience do you have?
• How fast do you want the yacht to go?
• How important is it to have extra amenities like furnished rooms, water toys, electronics, etc.?

These questions will guide you to understand the size you really need and will be able to realistically maintain versus what your most ideal yacht would look like.

When Do You Need a Full-Time Crew?

At length over 50 or 60 feet, you may need a full-time captain or crew. 

A full-time crew person will be needed to keep all the varnished woodwork looking good and all the little things maintained.

Sometimes, you must be honest with yourself about what you want and what you actually need. Be self-aware about your abilities (or lack thereof) in taking care of a specific size yacht.

If you don’t know much about boats and navigation, you will need more help to use your vessel.

Hopefully, this comprehensive guide gives you a good starting point as you begin your yacht price research process.

Important Things to Consider As Well

Although there are many factors to consider when understanding a yacht’s prices, it is an exciting purchase nonetheless and should be enjoyed as much as possible.

At the end of your research, you’ll be the owner of a beautiful yacht you can use for leisure, cruising, sports craft, fishing, or all of the above.

Although this article is a good starting point, we would also recommend getting in touch with a  yacht broker who can help you find your best fit , model, year, and the price is given your personal budget. 

They are great sources of knowledge in addition to personal research.

Make sure you are as patient as possible in this process to make sure you are covering all your bases, but most importantly, enjoy the process!

Here’s How Much Yachts Cost on Average:

Yachts start around $300,000 for smaller 40-foot models and can go as high as several hundred million dollars for superyachts.

These are the main contributing factors to the price of a yacht:

• The size of the yacht
• The age of the yacht
• The brand and  type of yacht

In general, the larger the yacht is, the more important the quality of the build becomes.

Also, potential owners need to understand the cruising speed and propulsion of different yachts.

The yacht type is also broken down into two categories:

• Mediterranean Style Open style expresses yacht with maximum space for sun, little-to-no shade on the deck.
• Hard-top express Semi-enclosed or fully-enclosed space on deck for the operator
• Flybridge yachts

An express yacht is often referred to interchangeably as an  express cruiser  or  sports cruiser .

It has a single deck above the hull with a living space below.

They are much sleeker, too.

A flybridge yacht is often referred to as a sedan bridge or sport bridge, and it is typically used for fishing. It has additional space above the main deck.

Since the flybridge area has more space on the second deck, the main deck is normally made up of enclosed spaces and rooms.

It can have an open-air layout but can also have a hard-top.

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Understanding Yacht Prices: How Much Do Yachts Cost?

When it comes to purchasing a yacht, one of the key considerations is the price. Yachts can range from small vessels under 40 feet to luxurious superyachts over 200 feet in length. The cost of a yacht can vary significantly depending on factors such as size, style, age, and finish. Additionally, the amenities aboard, such as cabins, heads, galley, and deck space, play a role in determining a yacht’s classification.

So, how much do yachts actually cost? The price range is quite broad, with small used sailing yachts starting at around $15,000 and superyachts costing millions of dollars or more. But it’s important to remember that the upfront cost is not the only expense to consider when buying a yacht. Other ownership costs include marina fees, insurance, maintenance, fuel, and crew expenses.

To get a better understanding of yacht prices and what to expect, it’s helpful to explore different types of yachts, their costs, and the average price range in the market.

Key Takeaways:

• Yachts can range from small vessels under 40 feet to superyachts over 200 feet in length.
• The cost of a yacht depends on factors such as size, style, age, and finish.
• Additional ownership costs include marina fees, insurance, maintenance, fuel, and crew expenses.
• Small used sailing yachts can start at around $15,000, while superyachts can cost millions of dollars or more.
• It’s important to consider your budget and ongoing costs when buying a yacht.

What Classifies as a Yacht?

A yacht can be classified as either a sailing yacht or a motor-powered yacht . While there is no strict definition based on size, the general consensus in the industry is that boats between 40 and 70 feet are considered yachts. However, some also include vessels as small as 33 feet in this classification. Yachts larger than 70 feet are commonly referred to as superyachts, and those over 165 or 200 feet may be called megayachts. Ultimately, the classification of a boat as a yacht depends on its size and the amenities it offers, such as overnight stays, galley, and deck space.

Many in the industry consider boats between 40 and 70 feet to be classified as yachts.

In the world of yachts, there is a wide range of sizes and styles, but what defines them as yachts is their ability to provide a luxurious and comfortable experience on the water. Whether it’s a sleek motor-powered yacht or an elegant sailing yacht , these vessels offer the perfect blend of performance, design, and onboard amenities.

The classification of a boat as a yacht is not solely based on its size but also on the type of experience it offers. Yachts are designed to provide a level of comfort and luxury that sets them apart from other types of boats. They are often equipped with spacious cabins, modern galley kitchens, and ample deck space for relaxation and entertainment.

Yachts are designed to provide a level of comfort and luxury that sets them apart from other types of boats.

Whether you’re cruising along the coastline or embarking on an extended voyage, a yacht offers the freedom to explore the open waters while enjoying the epitome of luxury.

Cost of Buying a Yacht

The cost of buying a yacht can vary widely depending on the size, age, and type of yacht. If you’re looking for a small used sailing yacht , you can find one for as low as $15,000 in the United States. For those interested in a small motor yacht, prices typically range from $50,000 to $100,000. As you move up in size and amenities, larger motor yachts and new 40-foot day boats can cost up to $1 million or more.

For those dreaming of owning a superyacht, be prepared for a substantial investment. Superyachts can cost multiple millions of dollars, depending on factors such as size, luxury features, and customization. Finally, for the ultimate in luxury and size, megayachts can reach even higher price ranges, with some costing tens of millions or even hundreds of millions of dollars.

When considering the cost of a yacht, it’s important to remember that the purchase price is just the beginning. Yacht ownership comes with ongoing expenses such as insurance, maintenance, fuel, and the potential need for a crew. These additional costs can add up quickly and should be factored into your budget when determining the overall cost of yacht ownership.

As you plan your yacht purchase, it’s important to consider your specific needs and budget. Working with a reputable yacht broker can help you navigate the market and find the yacht that best fits your requirements. Whether you’re looking for a small sailing yacht or a luxurious superyacht, understanding the cost of buying and fully owning a yacht is essential to making informed decisions.

Cost of Owning a Yacht

When considering yacht ownership, it’s important to take into account not only the initial purchase price but also the ongoing expenses associated with owning a yacht. These additional costs can include marina fees, insurance, maintenance, fuel, crew salaries, and yacht depreciation.

Marina Fees

Marina fees can vary depending on the size of your yacht and the location of the marina. Smaller yachts may have marina fees starting at around $5,000 per year, while larger yachts can incur costs in the tens of thousands of dollars annually.

Insuring your yacht is an essential expense to protect your investment. Insurance costs typically amount to around 0.5% of the yacht’s value annually. This cost can vary depending on factors such as the yacht’s size, age, and intended use.

Maintenance and Repairs

Yacht maintenance costs can add up over time. On average, yacht owners can expect to spend approximately 10% of the yacht’s value on maintenance and repairs each year. This can include routine maintenance tasks, such as hull cleaning and engine servicing, as well as repairs for any wear and tear or unexpected issues that may arise.

The cost of fuel for a yacht can vary depending on the cruising distance and the size of the yacht. Larger yachts typically have larger fuel tanks and may consume more fuel during each trip. It’s important to consider fuel costs when budgeting for yacht ownership.

Crew Salaries

Yachts over 70 or 80 feet in length may require a crew to operate and maintain the vessel. Crew salaries can vary depending on their positions and experience. Junior crew members can earn around $3,200 per month, while captains and chief engineers can earn up to $10,500 per month.

Yacht Depreciation

Yachts, like any other asset, experience depreciation over time. New boats can lose 40-50% of their initial price over the first 8-10 years. It’s important to consider this depreciation when assessing the overall cost of yacht ownership.

When calculating the cost of owning a yacht, it’s crucial to factor in these additional expenses to ensure that you have a comprehensive understanding of the financial commitment involved. Owning a yacht can be a rewarding experience, but being prepared for the ongoing costs will help you make informed decisions and enjoy your time on the water.

Types of Yachts per Cost

When it comes to yachts, prices can vary significantly depending on factors such as length, style, engine size, and finish. Let’s explore the different types of yachts and their corresponding price ranges:

Small Yachts

Small yachts, typically around 40 feet in length, are often referred to as cabin cruisers. These boats offer a great entry point into the world of yachting. Prices for new and recent models can range from $250,000 to over $1 million , depending on the specific features and amenities. If you’re open to considering older models, you may find substantially lower prices for small yachts.

Medium-Sized Yachts

Mid-sized yachts, ranging from 40 to 70 feet, offer a balance between space and convenience. These yachts can vary in price from around $250,000 to well beyond $4 million . The price depends on factors such as size, model, finish, engines, and whether you’re looking at new or used yachts. Consider your specific preferences and budget when exploring the medium-sized yacht market.

Sailing Yachts

If you’re a sailing enthusiast, you’ll be pleased to know that there are yachts specifically designed for sailing experiences. Prices for sailing yachts can start as low as $5,000 for used models . However, larger and more luxurious sailing yachts, including superyachts, can cost several million dollars. For example, the largest sailing yacht in the world can reach a staggering $600 million . The price of a sailing yacht depends on factors such as size, age, brand, and customization options.

Luxury Yachts and Superyachts

For those looking for the ultimate yachting experience, luxury yachts and superyachts offer unparalleled opulence and amenities. Prices for luxury yachts can range from several million dollars to over $600 million , depending on the size, brand, age, and customization options. These prestigious yachts provide the utmost comfort and refinement, making them highly sought-after in the yachting world.

Megayachts are the epitome of luxury and grandeur in the yachting industry. These massive vessels, typically over 165 or 200 feet in length, can cost tens of millions of dollars or more . The largest known megayacht, Azzam, has a reported cost of $600 million . Megayachts offer unparalleled space, luxury features, and amenities, making them the pinnacle of yacht ownership.

When considering purchasing a yacht, it’s essential to determine your budget and the specific type of yacht that suits your preferences. By understanding the price ranges associated with different types of yachts, you can make a more informed decision regarding your yacht purchase.

How Much Does a Small Yacht Cost? (25 to 40 feet)

When it comes to small yachts, those in the 25 to 40 feet range, also known as cabin cruisers, are often considered entry-level options for yacht enthusiasts. These compact vessels offer the perfect blend of functionality and comfort, with cabins, heads, and a galley, allowing for weekend getaways on the water.

The cost of a small yacht can vary widely depending on various factors, including whether the yacht is new or used, the model, finish, and engine specifications. For those looking to purchase a new or recent-model small yacht in the 38 to 40 feet range, prices can range anywhere from $250,000 to over $1 million. On the other hand, older models often come with substantially lower price tags.

According to the Boats Group Market Index of 2022, the average price for new and used yachts between 36 to 45 feet in the United States was $238,000. This provides a good indication of the cost range for small yachts in the market.

When considering the purchase of a small yacht, it’s important to keep in mind your budget, preferences, and requirements. Working with a reputable yacht broker can help ensure that you find the right small yacht that fits your needs and falls within your desired price range.

How Much Does a Medium-Sized Yacht Cost? (40 to 70 feet)

Medium-sized yachts between 40 and 70 feet in length offer a balance of size, comfort, and performance. The cost of these yachts can vary depending on several factors, including size, model, finish, engines, and whether they are new or used.

According to the Boats Group Market Index of 2022, the average price of yachts in the 46 to 55 feet range in the United States was approximately $467,899 , with 2,273 boats sold. For those looking for larger mid-sized yachts between 56 and 79 feet, the average price was around $1.18 million , with 997 boats sold in 2022.

While these averages provide a general idea, it’s important to note that specific yacht prices can vary significantly based on individual listings and prevailing market conditions. It’s recommended to consult with a professional yacht broker who can provide accurate and up-to-date pricing information based on your specific requirements.

When considering the cost of a medium-sized yacht, it’s also essential to factor in additional expenses associated with yacht ownership, such as insurance, maintenance, mooring fees, and crew salaries if applicable. Owning a yacht requires careful financial planning to ensure a smooth and enjoyable yachting experience.

How Much Does a Sailing Yacht Cost?

Sailing yachts are available in various sizes and their prices can vary depending on factors such as size, age, and finish. The cost of a sailing yacht can range from $5,000 for a small used sailing yacht to several million dollars for larger sailing yachts and superyachts. As a general estimate, the cost of larger sailing yachts is roughly calculated at around $1 million per 3 feet in length. For example, a 100-foot sailing yacht may cost approximately $30 million. It’s important to note that prices can greatly differ based on the age and size of the yacht.

Smaller used sailing yachts in the range of 30 to 35 feet may have a price tag of around $25,000 for older models, while new ones can cost $250,000 or more. When considering the cost of a sailing yacht, it’s crucial to take into account factors such as the yacht’s condition, equipment, and additional expenses such as maintenance and mooring fees.

Whether you’re looking for a smaller sailing yacht for weekend getaways or a larger luxury sailing yacht for world exploration, the cost will vary depending on your specific requirements and preferences. Consulting with a professional yacht broker can help you navigate the market and find the ideal sailing yacht within your budget.

How Much Does a Luxury Yacht or Superyacht Cost?

Luxury yachts and superyachts epitomize opulence and extravagance, offering discerning individuals the ultimate in indulgence and comfort. The cost of a luxury yacht can vary depending on several factors, including size, brand, age, and amenities. Generally, luxury yachts range in price from a few hundred thousand dollars to several million dollars.

When it comes to superyachts, their grandeur and sheer size command an equally impressive price tag. Superyachts typically measure between 79 feet and over 590 feet in length and can cost several million to hundreds of millions of dollars. The exact cost of a superyacht is influenced by various factors such as size, age, brand, amenities, and customization options.

While new superyachts may be more expensive, used superyachts can also carry significant price tags due to their exclusivity and desirability. Even older models retain their value, offering buyers a chance to experience luxury on the seas.

Luxury Yacht Price Range

The price range for luxury yachts can vary greatly depending on individual specifications and preferences. Here is a general breakdown of the luxury yacht price range :

It is crucial to consider your budget and desired features when exploring the world of luxury yachts. Engaging the services of a reputable yacht broker can help guide you through the available options and ensure you find the perfect luxury yacht to meet your specific requirements.

Investing in a luxury yacht offers a one-of-a-kind experience, providing owners and their guests with unparalleled comfort and exceptional amenities while exploring the open seas.

How Much Does a Megayacht Cost?

Megayachts are the epitome of luxury and extravagance on the high seas. These floating palaces offer unparalleled opulence and a host of amenities that cater to the most discerning individuals. But such luxury comes at a price.

When it comes to megayacht prices , they can reach astronomical figures, often in the hundreds of millions of dollars. These magnificent vessels can span over 165 or 200 feet in length, with some measuring several hundred feet.

An iconic example of a megayacht is the world’s largest yacht, Azzam. Stretching an astonishing 590 feet, this mega-marvel reportedly cost a staggering $600 million to build.

Megayachts boast a range of lavish features. From grand swimming pools to helicopter pads, and from opulent guest accommodations to spacious crew quarters, no expense is spared in creating the ultimate yacht experience.

However, the cost of owning a megayacht extends beyond the initial purchase price. Additional expenses include crew salaries, which can run into the thousands each month. Mooring fees, fuel costs, insurance, and regular maintenance also contribute to the overall cost of owning and operating a megayacht.

Depending on the size and complexity of the vessel, these expenses can easily amount to millions of dollars per year.

Overall, megayachts represent the epitome of luxury and are a testament to wealth and indulgence. The cost associated with owning and operating these magnificent vessels mirrors their grandeur and exclusivity. It takes a significant investment to join the elite few who can call a megayacht their own.

In recognition of their immense size, incredible amenities, and eye-watering price tags, megayachts truly epitomize the epitome of luxury.

Average Cost of Yacht

When considering the purchase of a yacht, it’s important to have a clear understanding of the average cost in order to make an informed decision. The average cost of a yacht can vary based on several factors such as size, type, age, and location. According to industry data, the average selling price of a yacht in the United States in 2021 was approximately $424,408.

Specifically, when looking at the average cost of yachts in different size ranges, yachts between 46 to 55 feet averaged $424,408, while yachts between 56 to 79 feet averaged $1.18 million. For those interested in smaller boats, the average cost for boats under 26 feet was $47,682, while boats between 26 to 35 feet averaged $110,982.

It’s important to note that these figures represent average prices and individual listings may vary. Other factors such as the yacht’s condition, features, and location can also influence the price. To get a more accurate estimate, it’s recommended to consult with a professional yacht broker or search specific listings in your desired market.

These average cost figures provide a general idea of the price range for yachts in different size categories. However, it’s worth noting that yachts come in various styles and with different features, which can significantly influence their prices. If you’re in the market for a yacht, it’s crucial to thoroughly research and consider your budget as well as your specific requirements and preferences before making a purchase.

Cost of a Small Yacht

The cost of a small yacht can vary depending on factors such as size, age, brand, and condition. Small yachts under 40 feet are often considered cruising boats and can offer many amenities found on larger vessels.

The average selling price for yachts between 40 and 50 feet in 2021 was $329,000. Specific small yachts currently on the market can range from under $400,000 to over $800,000, depending on the year, make, and model.

When purchasing a small yacht, it’s recommended to work with a professional yacht broker who can guide you through the process and help you find the right yacht that fits your budget and requirements.

Comparison of Small Yacht Prices

Table: Comparison of small yacht prices based on length

This table provides a comparison of small yacht prices based on their length. Please note that the prices mentioned are approximate and can vary based on factors such as the yacht’s age, condition, and additional features.

In conclusion , the cost of yachts can vary greatly depending on various factors such as size, style, age, and amenities. Small yachts range from around $15,000 for used sailing yachts to multimillion-dollar superyachts. Meanwhile, medium-sized yachts fall within the price range of approximately $250,000 to over $4 million. Luxury yachts and superyachts, on the other hand, can cost several million to hundreds of millions of dollars.

It’s important to note that the expenses associated with yacht ownership go beyond the initial purchase price. Additional costs include marina fees, insurance, maintenance, fuel, and crew salaries. Therefore, when considering buying a yacht, it’s crucial to take into account your budget, desired features, and ongoing expenses to ensure a sustainable ownership experience.

To successfully navigate the yacht market and find the right yacht at the right price, it’s advisable to work with a professional yacht broker. They can help you understand the market dynamics, negotiate favorable terms, and guide you towards making informed decisions. With their expertise and industry knowledge, you can embark on your yacht ownership journey with confidence.

How much do yachts cost?

The cost of yachts can vary significantly depending on factors such as size, style, age, and finish. Yachts can range from small vessels under 40 feet to luxury superyachts over 200 feet in length. The cost of buying a yacht can range from $15,000 for a small used sailing yacht to millions of dollars for a superyacht.

What classifies as a yacht?

A yacht can be either a sailing yacht or a motor-powered yacht . While there is no strict definition based on size, many in the industry consider boats between 40 and 70 feet to be classified as yachts. Yachts larger than 70 feet are often referred to as superyachts, and those over 165 or 200 feet may be called megayachts.

How much does it cost to buy a yacht?

The cost of buying a yacht can vary widely depending on the size, age, and type of yacht. Small used sailing yachts can be purchased for as low as $15,000, while small motor yachts may range from $50,000 to $100,000. Superyachts can cost multiple millions of dollars, while megayachts can reach even higher price ranges.

What are the costs of owning a yacht?

The cost of owning a yacht goes beyond the initial purchase price. Additional expenses include marina fees, insurance, maintenance, fuel, and crew expenses. Marina fees can range from $5,000 for smaller yachts to tens of thousands of dollars for larger yachts. Insurance costs typically amount to around 0.5% of the yacht’s value annually. Maintenance and repairs can add up to approximately 10% of the yacht’s value each year.

How much does a small yacht cost? (25 to 40 feet)

Small yachts around 25 to 40 feet, often referred to as cabin cruisers, can range in price from $250,000 to over $1 million for new and recent models. Older models may have substantially lower prices. The average price for new and used yachts between 36 to 45 feet in the United States was $238,000 according to the Boats Group Market Index of 2022.

How much does a medium-sized yacht cost? (40 to 70 feet)

Medium-sized yachts between 40 and 70 feet in length can vary in price from around $250,000 to well beyond $4 million, depending on factors such as size, model, finish, engines, and new vs. used. According to the Boats Group Market Index of 2022, the average price of yachts in the 46 to 55 feet range in the United States was $467,899.

How much does a sailing yacht cost?

Sailing yachts come in various sizes, and their prices depend on factors such as size, age, and finish. Prices can range from $5,000 for a small used sailing yacht to several million dollars for larger sailing yachts and superyachts. Smaller, used sailing yachts of 30 to 35 feet may cost around $25,000 for older models and $250,000 or more for new ones.

How much does a luxury yacht or superyacht cost?

Luxury yachts and superyachts can range from several million dollars to over $600 million for the largest sailing yacht in the world. The cost of a superyacht can vary depending on its size, age, brand, amenities, and customization. Used superyachts are generally less expensive than new builds, but even older models may still have significant price tags.

How much does a megayacht cost?

Megayachts, typically ranging from over 165 or 200 feet in length to several hundred feet, can cost tens of millions of dollars or more. The largest megayacht in the world reportedly cost $600 million to build. The cost of owning a megayacht is also significant, with expenses including crew salaries, mooring fees, fuel, insurance, maintenance, and more.

What is the average cost of a yacht?

According to industry data, the average selling price of a yacht in the United States in 2021 was approximately $424,408. The average cost of yachts in specific size ranges varied, with yachts between 46 to 55 feet averaging $424,408 and yachts between 56 to 79 feet averaging $1.18 million.

How much does a small yacht cost?

The cost of a small yacht can vary depending on factors such as size, age, brand, and condition. Small yachts under 40 feet can range from under $400,000 to over $800,000, depending on the year, make, and model.

Source Links

• https://www.rightboat.com/blog/how-much-is-a-yacht
• https://www.kten.com/story/46734458/how-much-does-a-yacht-cost-pricing-guide-popular-yachts
• https://www.unitedyacht.com/Yacht-News/how-much-does-it-cost-to-buy-a-yacht

Nicholas Finn

I've been the captain of a fishing boat for over 20 years, and I created Pirateering to share my knowledge of and interest in seafaring.

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How Much Does a Yacht Cost? The Average Prices and Costs of Yachts

The UK has a long, rich maritime history and, as such, the yachting industry thrives in this country. Sailing is a popular hobby or pastime for many people, but for others it’s very much a lifestyle.

If you’re in the latter category, you might be looking to buy your own and be contemplating the cost of a yacht. There’s a huge variety of vessels available – from motor yachts to a sporting yacht – and the sheer amount of choice and yacht sizes (both new and used yachts) can seem bewildering. Below, we take you through the various options and the costs associated with each.

The Average Price of a Yacht in the UK

While yachts are often regarded as synonymous with luxury, in reality they come in a startling range of sizes, designs, and prices. The average cost of buying a yacht in the UK varies considerably, according to a number of factors.

Whether you’re looking to buy a used vessel or a brand-new yacht, as well as the size and type of yacht you want, will all partly determine the price you’ll pay.

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How Much is a Small Yacht?

At the cheaper end of the market, you should expect to pay a minimum of £10,000 for a small sailing model which will be functional but modest, with the price rising to £50,000 or more for a new, more sophisticated, motorised yacht.

If you’re looking for something more spacious with a range of additional features, mid-range yachts in the UK are often priced between £50,000 and £500,000. These boats may come with more advanced navigation equipment, refined interiors, and extra amenities. These are more suitable for experienced sailors who are prepared to spend more on their passion.

Larger, motor-driven yachts will set you back hundreds of thousands of pounds. For example, a new 50-foot yacht costs upwards of £200,000 while the 70-foot yacht cost or 100-foot yacht cost will set you back anywhere between £1 million and many times that sum, respectively.

How Much Does a Super Yacht Cost?

In terms of top tier yachts – or “super yachts” – these can cost millions or even tens of millions of pounds and upwards. These vessels are often enormous (ranging from 120 feet to 300 feet in length). They epitomise luxury and may have multiple decks, along with swimming pools, helipads and sophisticated entertainment facilities.

Additional Costs and Maintenance

While the upfront cost of buying a yacht is substantial, there are a number of supplementary fees that apply to yacht ownership. You can expect to pay between 5% and 10% of the yacht’s initial purchase price on such annual costs. Here are a few to consider:

• Insuring your yacht is essential and the price will vary according to its value, its size and its intended function. We offer sailing yacht insurance and motor boat insurance .
• Maintaining your yacht. Additional costs might come in the form of engine servicing or repairs.
• Finding the right place to dock your yacht is crucial and can be expensive, particularly in popular marinas. Annual mooring fees vary considerably depending on the location and the size of the vessel.

Owning a yacht is an aspiration for many people, but it’s important to bear in mind the costs associated with buying one.

You should begin your search having already established a rough budget, the size of the vessel you’d like to purchase and what you’ll principally be using it for. Otherwise, the yacht market can seem overwhelmingly diverse, making it difficult to choose the right model for you.

What is the average price of a yacht?

The average price of a yacht in the UK is difficult to determine due to the variety on offer. A yacht can cost anywhere from around £10,000 to several million pounds before you start to get into super yacht territory. That said, a mid-sized sailboat should cost you between £50,000 and £100,000.

What is the price of a luxury yacht?

The price of a luxury yacht depends on whether you’re looking for a high-spec sailing vessel or a “super yacht”. For the former, the price will be upwards of £1 million, while the latter could exceed £100 million.

How much does a yacht cost to rent?

The cost of renting a yacht varies enormously, depending on what sort of vessel you’re looking for. A mid-sized motorboat or sailing yacht costs around £400 – £1,600 per day, while a much larger, luxury yacht could easily cost around £10,000 per day.

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How Much Does a Yacht Cost?

11th jul 2023 by samantha wilson.

We hear the question, “How much does a yacht cost?” on a regular basis, and it’s a difficult one to answer. Much the same as with houses, the prices vary in a surprising way depending on size, style, age, and finish (not to mention location). We’re talking millions of dollars in price difference for yachts, as well, because there are yachts of many different sizes with all the same variations. But first, let’s tackle the more fundamental question, “What is a yacht?’

What Classifies as a Yacht?

To begin with, a yacht can be a sailing yacht or a motor-powered yacht. Merriam-Webster Dictionary defines it as “any of various recreational watercraft: such as a) a sailboat used for racing; b) a large usually motor-drive craft used for pleasure cruising.” Size is not technically part of the definition, but in modern practice, size has a whole lot to do with it.

Many in the industry classify a boat as a ‘yacht’ from 40 feet up to 70 feet, although there are others who will include vessels as short as 33 feet . Not too many years ago, yachts as small as 80 feet (24 meters) were considered superyachts, but with the proliferation of much larger yachts, 130 feet (40 meters) is a more common yardstick. Beyond that are megayachts, variously defined as beginning at 165 feet (50 meters) or 200 feet (60 meters). 

The point is, there are no hard-and-fast rules, and what may be one person’s pretty little 20-foot sailboat may be another’s luxury sailing yacht. And any shiny, private vessel 40 feet and up will be called a yacht by almost everyone.

While size is the main determining factor in labeling boats as yachts, amenities aboard also play a role. For example, yachts frequently have cabins and heads below allowing for overnight stays, as well as a galley, and plenty of deck space for leisure. 

The term ‘yacht’ has become synonymous with luxury, especially with the boom in huge superyachts across the world. But a yacht doesn’t have to be fancy. A sprightly 30-foot trawler yacht might look to some like a luxury palace, but Jeff Bezos and the guests aboard his brand new $500 million sailing yacht Koru would probably see it differently. 

Cost of Buying a Yacht

Looking for an average price across all types of yachts isn’t helpful either, with sizes of yachts varying from 30 to 300 feet. And that doesn’t take into account whether a boat is new or used.  Broadly speaking, in the United States you can often buy a small used sailing yacht for $15,000 or less, and you can expect that figure to go up to $50,000 or $100,000 for a small motor yacht. A larger motor yacht, or even a new 40-foot day boat, can easily run up to $1 million or more. Superyachts, of course, will cost multiple millions of dollars. 

Cost of Owning a Yacht

The cost of owning a yacht goes far beyond the initial purchase price, and even if you’re in the market for a small yacht, you’ll need to factor in the annual costs which include:

• Marina fees: These will vary depending on your location and the size of the boat. Expect to pay from $5,000 for a yacht at the smallest end of the scale up to tens of thousands for larger yachts.
• Insurance: As a general rule, you can expect to pay around 0.5 percent of the value of the boat annually. Check out our guide to boat insurance for more information. 
• Maintenance and repairs: As a rough estimation you can expect to spend around 10 percent of the value of the boat on upkeep each year. This might be lower if it’s a new yacht.
• Fuel: This will vary depending on how far you cruise and how large the yacht is.
• Crew: Yachts up to 70 or 80 feet often don’t require a crew, but the larger the yacht, the more crew it will need. Crew salaries range from $3,200 per month for junior crew to $10,500 per month for captains and chief engineers. In general, a yacht of 80 to 100 feet in size will require a crew of between two and eight, while yachts between 100 to 200 feet will require between 8 and 20 crew members.
• Depreciation: Brand new boats depreciate the most and the quickest, with most depreciating by 40 to 50 percent of their initial price over the first 8 to 10 years.

Read more about the Real Costs of Boat Ownership as well as Top Tips to Lower the Costs . 

Types of Yachts per Cost

When we talk about yachts and their values, we usually refer mostly to the length of the yacht as that tends to be the identifying factor, but the style, engine size, and finish also play a huge role in determining how much they cost. Here we take a look at the average price differences between new and used yachts in the United States at varying sizes. 

How much is a small yacht? (25 to 40 feet)

A small yacht around 40 feet (often referred to as a cabin cruiser) is often considered an entry-level yacht, but a big step up from much smaller day boats. These are likely to have cabins, heads, and a small galley, and most offer the chance to spend weekends onboard. Prices will vary widely depending on whether it’s a used or new boat, and depending on the model, finish, and engines. New and recent-model yachts around 38 to 40 feet may cost anywhere from $250,000 to over $1 million, while the price of older models is often substantially lower. The average price in the United States for all new and used yachts sold between 36 feet to 45 feet was $238,000 according to the Boats Group Market Index of 2022.

When we’re looking at smaller yachts around 25 to 30 feet , these are unlikely to have cabins and so are considered day cruisers. Motor cruisers between 25 and 30 feet range from $70,000 for an almost-new model to well over $100,000 for a brand new one. Of course, yachts with smaller engines and simpler layouts will have considerably lower price tags, but those with premium finish and accommodations may cost much more—for example, a new Ranger 29 (pocket trawler) starts at over $350,000. See our guide to the different types of boats for a better understanding of what is available and what might be right for you. 

How much is a medium-sized yacht? (40 to 70 feet)

Mid-sized yachts that fall within the 40- to 70 -foot category vary in price from around $250,000 to well beyond $4 million, a figure that depends on the size, model, finish, engines, and extras, as well as whether it’s a brand new boat or used. According to the Boats Group Market Index of 2022, the average yacht price in the United States of vessels 46 to 55 feet was $467,899 with 2,273 boats sold, while the average price for yachts in the 56 to 79 foot category was $1.18m with 997 sold in 2022. 

Yacht prices vary a lot depending on whether the yacht is new or used. As an example, the base price for a new Viking 58 is $4.1 million, a three-year-old model can be purchased for $3.5 million for, and a 10-year-old model for $600,000. Check out our new and used luxury yachts for sale on Rightboat for more comparisons. 

How much is a sailing yacht?

Long before the combustion engine was invented, yachts (or sailboats) graced our oceans for centuries. While these days we tend to think of yachts as the luxurious motor vessels that far outnumber their sailing counterparts, sailing yachts have their own class. As we’ve seen with motor yachts, the size, age, and finish of a sailing yacht will determine the price tag, with prices ranging from $5,000 to several million dollars—and much more for superyachts. The largest sailing yacht in the world is Sailing Yacht A , which cost an estimated $600 million and measures 470 feet in overall length. 

When referring to larger sailing yachts—and by larger we are talking about 100-foot yacht prices—there is a “rule of thumb” estimate of $1 million per 3 feet in length. So a 100-foot yacht may cost in the region of $30 million. But sliding back down the length ladder, it’s possible to pick up a small, used sailing yacht for a fraction of that. A 55-foot yacht that has been sailing for a few years may sell for around $700,000, whereas a new one could easily retail for $2 million or more. An older (30 to 40 years) sailing yacht of 30 to 35 feet might cost only about $25,000 while a brand new one might cost $250,000 and more. See what you can get for your money with our sailing yachts for sale on Rightboat. 

How much is a luxury yacht or superyacht?

Superyachts are some of the most luxurious vessels on the sea, and they don’t come cheap. As mentioned, yachts above 78 feet (24 meters) are accepted by many as superyachts; when they range up over 165 or 200 feet, some in the industry refer to them as megayachts. This term is still debated in some quarters, so you may hear yachts over 300 feet referred to as superyachts too.

Superyachts require a full time crew to manage them, and this adds considerably to the overall cost of running such a large vessel. Given that, how much does a superyacht cost? The costs vary, with some estimates of up to $1 million per foot of length to build a new top-of-the-line custom superyacht. Used superyachts will cost less than a new build, and you may be able to buy a 10-year-old, 90-foot superyacht for around $2.5 million—although most owners will engage in a significant and costly refit every 10 years. Models less than five years old will be closer to the $4 million mark, while a brand new one will cost around $9 million. Check out our listings for superyachts for sale all across the world. 

How much is a megayacht?

When we reach megayacht status, prices skyrocket along with the length of the vessels and the volume of the interiors. The largest megayacht in the world is currently Azzam, 590 feet long at a cost of $600 million to build. Yachts in this class are the most luxurious in the world, and feature large swimming pools, helicopter pads, huge guest and crew accommodations, beach clubs, and much more. The upkeep of vessels of this size can run to $20 million or more for the crew fees, fuel, mooring fees, insurance, food, and maintenance. If you want to set eyes on the world’s most astounding superyachts and megayachts check out our superyacht travel guide to where you might find them, or use our search to discover megayachts for sale . 

Written By: Samantha Wilson

Samantha Wilson has spent her entire life on and around boats, from tiny sailing dinghies all the way up to superyachts. She writes for many boating and yachting publications, top charter agencies, and some of the largest travel businesses in the industry, combining her knowledge and passion of boating, travel and writing to create topical, useful and engaging content.

More from: Samantha Wilson

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How Much Should I Pay For A Yacht?

By Robert Bowman | Posted On Dec 11, 2023 Updated On Apr 16, 2024

If you've reached the point in the process where you're considering exactly how much to pay for a yacht, then you have likely succumbed to the fact that your purchase is probably not going to be a smart financial investment. Let's face it, the moment you buy a new-to-you boat, the ancillary costs begin. Insurance, storage costs, maintenance costs, after-market equipment costs, fuel, and more begin to materialize.

1. What Classifies As A Yacht?

2. How Much Should I Pay For A Small Yacht?

3. How Much Should I Pay For A Mid-Sized Yacht?

4. How Much Should I Pay For A Large Yacht?

5. What Do Different Types Of Boats Cost?

6. What Does It Cost To Own A Yacht?

7. How To Price Your Yacht When Selling

One of the benefits of hiring a professional yacht broker is the information they can provide you ahead of time, giving you a complete picture of what to expect. They can also advise you on how much you should expect to pay for a yacht. When you hire a broker to work on your behalf, you are benefitting from all of their market knowledge gained through hundreds of transactions, along with the product knowledge of most builders and their models.

Asking how much you should pay for a yacht is a very broad question that needs to be narrowed down, as yachts may range anywhere from $20,000 up to $20 million or more. The yacht's size, power, equipment, condition, and even location, can all affect how much the sales price will be in the end. Even a boat built by the same manufacturer can have a difference of many hundreds of thousands of dollars for the same exact model based on several other factors, such as the hours on the engine or varying cabin layouts.

Before you make an offer on a yacht for sale you've found online, we highly recommend speaking with one of our professional yacht brokers that specializes in the type of boat you are interested in buying. Just the initial conversation may be enough to save you thousands of dollars in negotiations, as well as limiting any potential pitfalls.

What Classifies As A Yacht?

Ask anyone in the boating industry what classifies a boat as a yacht and you are likely to get many different answers. It's difficult to narrow down exactly what the cut-off is and what other characteristics come into play. For example, a 35-foot center-console could be a grey area. Most vessels at this size and price point would be considered a boat, however if it has substantial power, a large cabin, galley, bathroom, and other luxury amenities, it could easily fit into the yacht category.

The most commonly agreed upon size for a yacht is a minimum of 40-feet, but at some point around 100-feet in length, the vessel is commonly referred to as a superyacht. The definition of a superyacht does vary substantially, as some people refer to a 85-foot yacht as one. A superyacht becomes a megayacht at 200-feet. There are less than 6,000 privately-owned yachts worldwide that are over 100-feet.

How Much Should I Pay For A Small Yacht?

One of the great joys of owning a small yacht is that, assuming you have the necessary time at sea for the insurance companies, you can run the boat yourself. This allows for a greater level of privacy than if you have to have a fulltime captain on board. A small yacht can be defined as a boat under 65-feet, although this is a relative term to everyone's own experience and history.

It's also important to look at the current state of the yacht brokerage market. "Yacht prices are not what they were in 2021 and 2022," said Jeff Palmer , President of United Yacht Sales. "There isn't the same level of activity as there was 2 years ago, there are more price reductions happening, and you can generally get a better deal now than you could 12 months ago."

You can expect to pay between $450,000 - $500,000 for a smaller yacht on today's market between 40 and 60 feet. This is the average sold price of power boats in this range over the last 60 days (excluding sailboats). This range varied from the low end of $19,000 for an old 40-foot Chris-Craft cruiser to nearly $3.5 million for a Grand Banks Yacht. The average time the boats in this segment were on the market for sale was just under 6 months.

Examples of small yachts currently for sale:

• 2011 Sea Ray 580 Sundancer for $875,000
• 2009 Viking 50 Convertible for $1,199,000
• 2006 Meridian 459 MY for $319,000
• 2021 Valhalla V-41 for $959,000

How Much Should I Pay For A Mid-Sized Sized Yacht?

Just like the smaller boats, mid-sized yachts can also vary greatly when it comes to capabilities, reputation, accommodations, and of course, their selling price. A medium sized yacht in terms of size, would range from 60 to 80-feet in length and have a beam from 15 to 21-feet. These dimensions offer significantly more space on board for multiple bedrooms, bathrooms, and other amenities.

You can expect to pay between $1 million - $1.5 million as an average price for a mid-sized motor yacht . Again, this is the average range over the last few months in the U.S. market. These pre-owned yachts stayed available for sale just over 7 months on average. If you're buying a yacht in this range, it is highly recommended that you enlist the help of an expert, professional yacht broker as there are many potential pitfalls along the way.

Examples of mid-sized yachts currently for sale:

• 2017 Riva 76 Perseo for $3,395,000
• 2008 Hampton Endurance 700 for $1,695,000
• 1999 Horizon 64 for $457,000
• 2004 Viking 61 Convertible for $749,000

How Much Should I Pay For A Large Luxury Yacht?

Once you move into the larger yacht category over 80-feet, there any many different things to take into account. You will need a captain, a crew, a substantial slip at a marina, insurance, and more. This is where hiring a reputable, professional yacht broker is a necessity. At United Yacht Sales, we have many superyacht brokers that specialize in vessels of this size and can assist you every step of the way. Our closing team is also very experienced in dealing with bringing a yacht into the U.S. when flagged on a foreign country.

You can expect to pay between $5.5 million and $7 million, on average, for a yacht between 80 and 130-feet. That is a pretty wide gap so speaking with your broker about narrowing down your size range and price range is a must. Most of the yachts in this size range stayed on the market for about 6 months, but can be longer depending upon how big the yacht is and how expensive.

Examples of luxury yachts 80-feet+ currently for sale:

• 2019 Benetti 140 for $19,985,000
• 2012 Sunseeker 131 for $14,490,000
• 2022 Majesty 120 for $15,372,802
• 2010 Horizon 101 for $4,249,000

What Do Different Types Of Boats Cost?

The size and age of your boat do play a part in the overall price you will pay, whether new or used, by the type of yacht it is can also affect the final number. Some types of boats are more popular than others, while some require extra gear and equipment. Sportfishing boats for example generally need to come with things like a Seakeeper, extra plumbing for live-wells, outriggers, insulated fish boxes, ice chippers, and more. Just like the overall market itself has a wide range of prices, the clarity does not improve by narrowing down what type of boat you want. 

Here Are Examples Of What You Can Expect To Pay For Boats By Type: (Last 90 days)

• The average price of a motor yacht is $736,684
• The average price of a sportfishing yacht is $541,699
• The average price of a downeast boat is $360,604
• The average price of a power catamaran is $459,590

What Does It Cost To Own A Yacht?

The purchase price of your yacht is only part of the equation as your broker will help to explain. The cost to own a yacht can also be substantial and needs to be well-thought out before entering into a contract. "The cost of ownership for a 60-foot, $1 million yacht is going to be about 10% of its value, or $100,000 per year if it's over ten years old," said Peter Schmidt, Founder of United Yacht Sales. 

It's important that you invest in the upkeep and maintenance of your yacht after purchase. Someday you will go to sell that boat and being able to prove to the new potential owners that it was well cared for is important. We always recommend either hiring a professional captain or management company to take care of your investment. Keeping all service records and maintenance history in an organized place can mean the difference between your boat selling or sitting for several months at the dock.

How To Price Your Yacht When Selling

Coming up with the asking price when selling your yacht can be a difficult process. While you don't want to leave any money on the table by pricing too low, you also don't want your yacht sitting on the brokerage market for over a year. Less popular manufacturers, boats with a history of issues, and even the location you keep the boat can affect the cost. 

Most boat owners look on different boating websites to try and find similar boats to theirs and see what they are priced at. While looking at what's available on the current market can certainly give you an idea what you can ask for it, there are many flaws that can affect the sale. Are the boats on the market priced to sell or priced high to see what they can get? Do they have the same power and equipment? What are their damage or service histories?

Hiring a professional yacht broker to help you decide what price to sell your yacht for can take the stress out of the process. A professional broker will have access to more sold boat information than the average owner and has a network of other brokers in the industry that they can call on to get their sales history on similar boats.

ABOUT UNITED YACHT SALES

United Yacht Sales has the world's largest network of boat buyers and sellers in the industry, thanks to our team of over 250 yacht brokers in 104 different locations. Whether buying a luxury boat or selling one, we have the right expert on staff to assist you in navigating the brokerage market for your type of yacht. If you're looking at selling a boat, there is no quicker way to get activity than listing it with United. Our entire team is immediately notified every time a listing agreement is made with United Yacht Sales and many boats are sold before they ever even make it online. Our support team is among the best in the industry at marketing your yacht. 100% of our marketing budget goes towards advertising our clients' listings, a claim not many other firms can make. To get started listing your yacht, fill out our online form What's My Yacht Worth ?

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The Cost of Yachts: How Much is a Yacht Actually Cost?

The cost of a yacht is a frequently asked question, and it's not a simple one to answer. Just like with houses, the prices can vary significantly based on factors such as size, style, age, finish, and location. Yachts come in a wide range of sizes, with price differences in the millions of dollars due to these variations. But before delving into the cost, it's important to first understand what exactly a yacht is.

Defining Yachts: From Size to Luxury

When it comes to yachts, they can fall into two main categories: sailing yachts and motor-powered yachts. According to the Merriam-Webster Dictionary , a yacht is "any of various recreational watercraft," including sailboats used for racing and large motor-driven craft for pleasure cruising. While size is not explicitly part of the definition, it plays a significant role in modern classification.

Size Classification: From Yachts to Megayachts

Traditionally, the yacht industry has often classified boats measuring 40 to 70 feet as 'yachts.' However, in recent years, the definition has evolved. Previously, vessels as small as 80 feet were considered superyachts, but with the emergence of larger yachts, the yardstick has shifted to 130 feet. Beyond this range, megayachts come into play, typically starting at 165 feet or 200 feet.

Fluid Classification and Amenities

It's essential to note that there are no strict rules for classifying yachts, leaving room for subjective interpretations. What one person sees as a luxurious sailing yacht, another may perceive as a modest vessel. Nevertheless, generally, privately owned boats measuring 40 feet and above are commonly referred to as yachts. Moreover, amenities aboard also contribute to the classification, with features such as cabins, heads, a galley, and ample deck space for leisure being common on yachts.

Luxury and Perception

Today, the term 'yacht' is often associated with luxury, particularly with the surge in massive superyachts worldwide. However, luxury is relative. While a 30-foot trawler yacht might appear opulent to some, it may pale in comparison to a $500 million sailing yacht like Koru for individuals accustomed to extravagant vessels such as Jeff Bezos and his guests.

Cost of Purchasing a Yacht

Yachts come in various sizes, ranging from 30 to 300 feet, making it difficult to determine an average price. Additionally, whether the yacht is new or used also plays a significant role in its cost. In the United States, a small used sailing yacht can be purchased for $15,000 or less, while a small motor yacht may cost between $50,000 and $100,000. For larger motor yachts or new 40-foot day boats, the price can easily exceed $1 million. And when it comes to superyachts, the cost can reach multiple millions of dollars.

The Real Cost of Yacht Ownership

When considering owning a yacht, it's essential to look beyond the upfront purchase cost. Even for smaller yachts, it's crucial to take into account the ongoing annual expenses, which include:

• Marina Fees: The cost of marina fees can vary based on the boat's size and your location. It can range from $5,000 for smaller yachts to tens of thousands for larger ones.
• Insurance: Typically, you can expect to pay about 0.5 percent of the boat's value each year for insurance. For more details, refer to our resource on this topic.
• Maintenance and Repairs: As a general estimate, plan to spend around 10 percent of the boat's value on maintenance annually, although this may be lower for new yachts.
• Fuel: Fuel costs will depend on the yacht's size and how far you plan to cruise.
• Crew: While smaller yachts may not require a crew, larger ones often do. Crew salaries can range from $3,200 per month for junior crew to $10,500 per month for captains and chief engineers. Larger yachts may need anywhere from 2 to 20 crew members.
• Depreciation: New boats typically depreciate the most, with an average of 40 to 50 percent of their value within the first 8 to 10 years.

To learn more about the and other useful tips, refer to our comprehensive guide and resources.

Cost Categories for Yachts

Yachts are valued based on factors such as length, style, engine size, and finish. These factors contribute to the overall cost of the yacht. In the United States, the average price differences between new and used yachts at varying sizes can be observed.

Small Yacht Costs (25 to 40 feet)

A small yacht around 40 feet, also known as a cabin cruiser, is considered an entry-level yacht. They usually include cabins, heads, and a small galley, providing the opportunity for weekend stays. New and recent-model yachts of this size may range from $250,000 to over $1 million, while older models are generally priced lower. For smaller yachts around 25 to 30 feet, prices range from $70,000 for almost-new models to over $100,000 for brand new ones. The price variations are influenced by the model, finish, and engines.

Medium-Sized Yacht Costs (40 to 70 feet)

Yachts in the 40- to 70-foot category vary in price from $250,000 to well beyond $4 million, depending on factors such as size, model, finish, engines, and whether they are new or used. The average price for yachts in the United States was $467,899 for vessels 46 to 55 feet and $1.18 million for yachts in the 56 to 79 foot category. The pricing differences between new and used yachts are significant, with the base price for a new Viking 58 at $4.1 million, a three-year-old model at $3.5 million, and a 10-year-old model at $600,000.

Sailing Yacht Costs

Sailing yachts vary in price based on size, age, and finish, with prices ranging from $5,000 to several million dollars. Larger sailing yachts can cost around $1 million per 3 feet in length, while smaller, used sailing yachts may be purchased for a fraction of that price. For example, a 30 to 35 foot older sailing yacht might cost only about $25,000, whereas a new one could cost $250,000 or more.

Luxury Yacht or Superyacht Costs

Superyachts, typically over 78 feet, are considered some of the most luxurious vessels on the sea. The costs of superyachts can vary significantly, with new custom superyachts estimated at up to $1 million per foot of length. Used superyachts may be available for around $2.5 million for a 10-year-old, 90-foot superyacht, while newer models can cost up to $9 million.

Megayacht Costs

As we reach megayacht status, prices increase substantially along with the size and volume of the vessels. The largest megayacht in the world, Azzam, is 590 feet long at a cost of $600 million to build. The upkeep of vessels of this size can run to $20 million or more for the crew fees, fuel, mooring fees, insurance, food, and maintenance.

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How Much Does a Yacht Cost? Unveiling Yacht Pricing

When considering the cost of a yacht, the question that often arises is, " How much does a yacht cost ?" Much like inquiries about the cost of homes, this question needs a more straightforward answer. Yacht prices exhibit a wide range of variation, influenced by size, style, age, finishing details, and geographical location. The price spectrum for yachts is astonishingly broad, spanning millions of dollars, given the many yacht sizes available. Before delving into the specifics of yacht costs, it's essential to address the fundamental query: " What defines a yacht? "

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Defining the Category of Yachts:

According to the Merriam-Webster Dictionary, yachts can be broadly categorized into sailing boats and motor-powered yachts . These recreational watercraft encompass many vessels, including sailboats for racing and large motor-driven craft for leisure cruising. While size is not an explicit definition component, it significantly influences the classification.

In the industry, boats measuring between 40 and 70 feet are commonly called " yachts ," though some include vessels as short as 33 feet in this category. Notably, the concept of superyachts has evolved. In the past, yachts as small as 80 feet were considered superyachts, but with the advent of much larger vessels, a length of 130 feet is now more commonly associated with this distinction . Beyond that, there are megayachts, typically starting at 165 or 200 feet.

The crux lies in the absence of rigid criteria; one person's modest 20-foot sailboat may be regarded as a luxury sailing yacht by another. Generally, a boat is called a gleaming private vessel measuring 40 feet or more .

Beyond Size: Amenities Aboard:

While size is pivotal in labeling vessels as yachts, onboard amenities also contribute to the classification. Boats often feature cabins and heads below decks, facilitating overnight stays, a galley, and ample deck space for leisure activities .

The term 'yacht' has acquired connotations of luxury, particularly with the proliferation of enormous superyachts worldwide. However, luxury is not a prerequisite for yachts; a lively 30-foot trawler yacht may appear opulent to some, while others, like Jeff Bezos and the guests aboard his new $500 million sailing yacht Koru, might have a divergent perspective.

Understanding the Price of Yachts:

Attempting to determine an average price for yachts across all categories proves to be an exercise in futility, given the vast range of yacht sizes, spanning from 30 to 300 feet, and the distinction between new and used boats. To provide a general overview, purchasing a small used sailing yacht for as little as $15,000 in the United States is possible, while small motor yachts may cost between $50,000 and $100,000 . Larger motor yachts or new 40-foot day boats can effortlessly reach prices exceeding $1 million . Superyachts, on the other hand, invariably command multi-million-dollar valuations.

Ongoing Ownership Costs:

The expenses associated with yacht ownership extend beyond the initial purchase price. Even for those considering smaller yachts, it's imperative to account for annual costs, including :

• Marina Fees : Fees vary based on location and boat size, ranging from $5,000 for smaller yachts to tens of thousands for larger vessels.
• Insurance : Typically, annual insurance costs amount to approximately 0.5% of the boat's value.
• Maintenance and Repairs : Roughly 10% of the boat's value is allocated to care each year, with new yachts potentially incurring lower expenses.
• Fuel : Costs fluctuate depending on cruising distance and yacht size.
• Crew : While yachts up to 70 or 80 feet may not necessitate a team, larger vessels require more extensive staffing. Crew salaries range from $3,200 monthly for junior crew members to $10,500 monthly for captains and chief engineers.
• Depreciation : New boats experience the most significant depreciation, often losing 40 to 50% of their initial value within 8 to 10 years.

Categories of Yachts Based on Cost:

When discussing yachts and their price points, size usually takes center stage. Nevertheless, the style, engine size and finishing touches substantially influence costs . This examination will investigate average price disparities between new and used yachts in the United States, categorized by size.

Small Yachts (25 to 40 feet):

Small yachts, typically around 40 feet, fall within the realm of cabin cruisers and represent an entry-level option above smaller day boats. These vessels often feature cabins, heads, and small galleys, offering opportunities for weekend getaways . Prices vary considerably based on whether the yacht is new or used and factors like the model, finish, and engines. New and recent models of 38 to 40-foot boats may range from $250,000 to over $1 million , while older models often carry significantly lower price tags. According to the Boats Group Market Index of 2022, the average price in the United States for all new and used yachts measuring between 36 and 45 feet was $238,000 .

Smaller yachts, ranging from 25 to 30 feet, typically lack cabins and are considered day cruisers. Motor cruisers within this size bracket can cost anywhere from $70,000 for nearly new models to well over $100,000 for brand-new ones . Variations in engine size and layout complexity will impact prices, with premium finish and accommodations commanding higher costs. For instance, a new Ranger 29 (a pocket trawler) starts at over $350,000 .

Medium-Sized Yachts (40 to 70 feet):

Mid-sized yachts within the 40- to 70-foot range exhibit a price range extending from approximately $250,000 to over $4 million . This pricing spectrum hinges on size, model, finish, engines, additional features, and whether the yacht is new or used. The Boats Group Market Index 2022 reports that the average price of vessels measuring 46 to 55 feet in the United States was $467,899 , with 2,273 boats sold. The average price in the 56 to 79-foot category was $1.18 million, with 997 yachts sold in 2022 .

The cost of a yacht is substantially influenced by whether it is new or used. For instance, the base price of a new Viking 58 is $4.1 million, while a three-year-old model can be acquired for $3.5 million. A 10-year-old version may cost around $600,000 . For additional comparisons, one can explore new and used luxury yachts for sale.

Sailing Yachts:

Long before the advent of combustion engines, sailing yachts or sailboats have graced the world's oceans for centuries. While contemporary perspectives often equate boats with luxurious motor vessels, sailing boats maintain their distinct identity . When assessing the price of a sailing ship, factors such as size, age, and finishing details come into play, resulting in valuations ranging from $5,000 to several million dollars , with superyachts commanding even higher prices. The largest sailing yacht globally is Sailing Yacht A, measuring 470 feet and costing an estimated $600 million .

For larger sailing yachts, particularly those around 100 feet in length, a " rule of thumb " suggests an approximate cost of $1 million per every 3 feet. Consequently, a 100-foot yacht might carry a price tag of around $30 million. As one descends the length spectrum, smaller, used sailing boats may be available at a fraction of that cost . A 55-foot boat with a few years of sailing history may sell for approximately $700,000 , while a new one could easily exceed $2 million. For older sailing yachts ranging from 30 to 40 years in age and measuring 30 to 35 feet, prices could be as low as $25,000 , while brand-new counterparts may exceed $250,000 in cost.

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Luxury Yachts and Superyachts:

Superyachts rank among the most abundant vessels at sea and come with a substantial price tag. As mentioned previously, yachts measuring 78 feet (24 meters) or more are commonly categorized as superyachts, although the definition may extend to vessels exceeding 165 or 200 feet and even those over 300 feet. Operating such extensive vessels requires a full-time crew, significantly inflating overall expenses . According to some estimates, the cost of building a new, top-of-the-line custom superyacht can range up to $1 million per foot of length. Used superyachts command lower prices, with potential purchases of 10-year-old, 90-foot superyachts priced around $2.5 million . More recent models, less than five years old, tend to approach the $4 million range, while brand-new superyachts may cost around $9 million . Prospective buyers can explore listings for superyachts for sale worldwide.

Megayachts:

Upon entering the realm of megayachts, prices escalate in tandem with vessel length and interior volume. The largest megayacht globally, Azzam, measures 590 feet and boasts a construction cost of $600 million . Yachts in this class represent the pinnacle of luxury, offering features such as expansive swimming pools, helicopter pads, generous guest and crew accommodations, beach clubs, and much more. The upkeep costs for vessels of this size can surpass $20 million, encompassing crew fees, fuel, mooring expenses, insurance, provisions, and maintenance . To witness some of the world's most awe-inspiring superyachts and megayachts, one can refer to superyacht travel guides or search for megayachts for sale.

Final Thoughts: How Much Does a Yacht Cost?

In conclusion, understanding a yacht's cost entails considering various factors, including size, style, age, finishing details, and whether the vessel is new or used . These factors collectively determine the price range, extending from thousands of dollars to millions or even billions for the most extravagant superyachts and megayachts.

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How Much Does a Yacht Cost: A Comprehensive Breakdown for Buyers

Yachts embody luxury, status, and freedom, leading many to wonder about the costs associated with such an extravagant purchase.

Buying a yacht is a significant investment that involves not only the initial price but also ongoing expenses such as maintenance, fuel, insurance, and crew costs.

The price of a yacht varies greatly depending on factors such as size, brand, age, and features. Understanding these factors will help potential buyers make informed decisions.

Smaller yachts often start at a few hundred thousand dollars , while larger or more luxurious models may cost millions. Meanwhile, superyachts and mega yachts can carry price tags in the tens or hundreds of millions of dollars.

It is important to remember that additional ownership costs, like annual operating expenses , must be considered when calculating the true cost of yacht ownership.

Key Takeaways

• Yacht costs vary greatly based on size, brand, age, and features
• Additional expenses such as maintenance, insurance, and crew should be factored in
• Assessing all costs involved helps gain a clearer picture of the true cost of yacht ownership

Types and Sizes of Yachts

When considering the cost of a yacht, it's important to understand the various types and sizes available in the market.

In this section, we will explore some of the main categories of yachts, including sailing yachts vs. motor yachts and the range of sizes from small to superyachts.

Sailing Yacht Vs. Motor Yacht

There are two main types of yachts: sailing yachts and motor yachts.

Sailing yachts rely on wind power and sails for propulsion, making them more eco-friendly and fuel-efficient. They come in a variety of sizes and styles, with smaller sailboats starting around 23 feet in length. Some popular designs include sloops, cutters, and ketches.

Meanwhile, motor yachts use engines for propulsion, offering more speed, power, and maneuverability. These yachts typically range from around 30 to 100 feet, although larger motor yachts can also be classified as superyachts. Motor yachts are often equipped with a luxurious interior, offering the utmost comfort and entertainment for guests.

Small Yachts to Superyachts

Small Yachts (10,000-$100,000):

Small yachts generally range from 23 to 40 feet in length. These yachts are more affordable and easier to maintain, making them attractive to first-time buyers. They can be both sailing yachts and small motor yachts. Examples of small yachts include sportfishing boats, family cruisers, and day sailers.

Midsize Yachts ($100,000-$1,000,000):

Midsize yachts typically range from 40 to 60 feet in length. The price of a midsize yacht can vary greatly, with used models going around $200,000 while new ones can go up to a million dollars. They offer more space, better amenities, and improved performance compared to small yachts. Midsize yachts can also be classified as sailing yachts or motor yachts.

Large Yachts ($1,000,000 and up):

Large yachts typically range from 60 to 100 feet in length. These luxurious vessels come with a higher price tag, often costing multiple millions of dollars. Large yachts offer plenty of space for entertaining, as well as state-of-the-art technology and amenities. They come in both sailing and motor yacht varieties.

Superyachts ($10,000,000 and up):

Superyachts are the pinnacle of luxury and sophistication, typically measuring over 100 feet in length. They feature extravagant amenities, such as helipads, swimming pools, and even movie theaters. The price of a superyacht can be astronomical, at times exceeding $10 million or more.

Cost Factors for New and Used Yachts

When determining the cost of a yacht, whether new or used, several factors come into play. These include the age and condition , size and style, brand and model, and location and availability of the yacht.

Each of these factors plays a significant role in the overall cost, so understanding them can help buyers make an informed decision.

Age and Condition

The age of a yacht naturally impacts its price. A brand-new yacht typically commands a higher price than a used one. However, the condition of a used yacht can also greatly influence its value. A well-maintained, used yacht in excellent condition may be more expensive than a newer model with issues or wear and tear.

Size and Style

The size and style of the yacht also play a crucial role in determining the cost.

Generally, larger yachts come with a higher price tag. For example, the average price of a yacht in the United States for vessels 46 to 55 feet was $467,899, while the average price for yachts in the 56 to 79 foot category was $1.18 million.

The style of the yacht, such as a sailboat, power catamaran, or luxury yacht, can have a significant effect on the price as well.

Brand and Model

The yacht's brand and model also contribute to its price. Some yacht brands are known for their luxury, craftsmanship, and performance, which can lead to a higher cost.

On the other hand, more affordable brands may offer similar amenities and functionality at a more budget-friendly price.

It's essential to research different yacht brands and models to find the one that best suits your preferences and budget.

Location and Availability

The location of the yacht, along with its availability in the market, can influence the overall cost.

In some regions, yacht prices may be higher due to factors such as demand, local taxes, or shipping costs. Additionally, if a specific model is in high demand or limited supply, its price may be elevated due to scarcity.

Initial Purchase Price

Buying New Vs. Pre-Owned

When considering the initial purchase price of a yacht, one of the first decisions a buyer faces is whether to buy a new or pre-owned yacht.

New yachts typically come with the latest technology, design, and customization options, but they also come at a higher price.

On the other hand, pre-owned yachts can be significantly more budget-friendly, but may require more maintenance and lack the latest features.

The average price of a yacht in the United States for vessels 46 to 55 feet was $467,899, while the average price for yachts in the 56 to 79-foot category was $1.18 million. These prices can vary depending on whether the yacht is new or used.

The Buying Process

The process of buying a yacht typically involves researching the market, selecting the right size and type of yacht, identifying suitable yachts, negotiating the price, and completing the purchase.

Working with a professional yacht broker can be beneficial in streamlining this process for the buyer as they can provide expert guidance in selecting the right yacht to fit the buyer's needs and budget.

Costs to Consider

In addition to the initial purchase price, there are various other costs that should be taken into account when buying a yacht. These include:

• Insurance : Buyers should consider the cost of insuring the yacht. Insurance fees, among other factors, are influenced by the size and value of the yacht.
• Marina fees : Docking the yacht at a marina will incur fees, which can range from a few thousand dollars for smaller yachts to tens of thousands for larger ones.
• Maintenance : Maintenance costs can make up around 10% of the initial purchase price. For used yachts, be prepared to spend on essential repairs and upgrades as needed.
• Fuel : The cost of fuel is influenced by the yacht's size, engine type, and cruising frequency.

Operational and Maintenance Costs

Crew Expenses

One of the significant expenses associated with owning a yacht is paying the crew salaries .

The number of crew members and their respective positions will vary depending on the size and complexity of the yacht. For example, a 180-foot superyacht may have an annual crew expense of around $1.4 million.

It is essential to account for additional crew-related costs such as insurance, training, and uniforms.

Fuel and Propulsion

Another considerable aspect of yacht ownership is fuel costs. The amount of fuel consumption will largely depend on the yacht's size, propulsion system, and usage patterns.

For instance, a larger yacht may incur around $400,000 for fuel annually.

It is also worth considering the potential expenses for any necessary upgrades or maintenance of the propulsion systems to ensure optimal performance and efficiency.

Repairs and Upkeep

Maintaining the yacht's appearance and condition requires regular maintenance and repairs . These expenses can quickly add up. Annual maintenance costs for a superyacht could reach up to $1 million.

This includes expenses for cleaning, teak oils, wax, and polish to keep the yacht looking immaculate. It is often recommended to allocate around 10% of the yacht's value to cover annual maintenance costs.

Dockage and Storage

Mooring fees, marina fees, and storage are additional factors to consider when estimating the operational costs of a yacht. Dockage costs typically depend on the yacht’s size and the chosen location.

On average, a superyacht may have an annual dockage expense of around $350,000 .

Additional Ownership Costs

Yacht insurance is a significant cost that should be factored into your decision to buy a yacht. The cost of insurance can vary based on the size, type, and value of the yacht.

For example, a 180-foot superyacht may have insurance costs upwards of $240,000 per year .

Obtaining quotes from various providers is essential. Remember that rates can fluctuate based on factors such as the yacht's condition and the owner's boating experience.

Taxes and Registration

Owning a yacht also comes with local and federal taxes and registration fees. Tax rates can vary depending on the state or country where the boat is registered.

In the United States, some states have a sales tax for yacht purchase, while others have an annual personal property tax. Make sure to research the applicable taxes and registration fees in your area to include them in the overall cost of ownership.

Depreciation

Another factor to consider when purchasing a yacht is depreciation. Over time, the value of most yachts will decrease, much like automobiles.

The rate of depreciation may differ based on the yacht's make, model, and age. To account for this potential decrease in value, make sure to have a proper maintenance plan in place and be prepared for the potential resale-value drop.

Extra Amenities and Upgrades

Finally, extra amenities and upgrades can significantly impact the cost of owning a yacht. Additional features such as upgraded electronics, specialized navigation systems, enhanced entertainment systems, or custom interior finishes can add considerably to the base cost of ownership.

Also, consider ongoing costs associated with these amenities, such as maintenance, repairs, and replacements. Budgeting for these additional expenses is critical to ensure your enjoyment of the yacht without financial strain.

Real Cost of Yacht Ownership

Owning a yacht is a luxury many people dream of, but it comes with significant costs. This section will discuss the real cost of yacht ownership , looking at the rule of thumb for annual costs and investment considerations.

Rule of Thumb for Annual Costs

When estimating the cost of owning a yacht, a general rule of thumb is that annual costs will be around 10% of the initial purchase price. This includes expenses such as maintenance, fuel, insurance, and crew salaries.

For example, a 180-foot superyacht could have an annual budget of $1 million for maintenance, $400,000 for fuel, $240,000 for insurance, and $1.4 million for the crew.

Another example is a 50-foot yacht , which may have ongoing costs between $35,000 and $85,000 per year.

• Maintenance and Repairs: The cost of maintaining a yacht can range from $1,000 to over $1 million per year, depending on the size and complexity of the vessel.
• Dockage: Yacht owners should budget around $350,000 annually for marina fees.
• Fuel: Depending on the size and type of yacht, fuel expenses can be substantial, averaging around $400,000 per year for a large vessel.
• Insurance: Insurance premiums for yachts can range from a few thousand dollars to upwards of $240,000 per year.
• Crew Salaries: Crew salaries can account for the largest portion of yacht ownership costs. A large yacht may require a crew with an annual budget of $1.4 million.

Investment Considerations

When thinking of purchasing a yacht as an investment, potential owners should consider several factors.

Yachts depreciate in value over time, making them a less attractive investment compared to traditional assets such as stocks and real estate.

Additionally, the high cost of ownership may make yacht investment less viable for some individuals.

Keep in mind that while some owners charter their yachts to offset costs, this strategy may not fully cover annual expenses. Moreover, chartering exposes the yacht to additional wear and tear, which can result in higher maintenance costs.

Life on Board

Amenities and Comfort

Life on a yacht offers a unique blend of luxury and comfort. Yachts often come equipped with a variety of amenities to make living on board as enjoyable as possible.

One common feature is the cabin , which provides comfortable sleeping quarters and private spaces for relaxation. Some yacht cabins even have their own ensuite bathrooms for added convenience.

A well-designed galley is essential on a yacht, providing the space and facilities needed to prepare meals and store provisions.

Modern yacht galleys often come equipped with high-quality appliances and ample storage space to ensure a pleasant dining experience.

On larger yachts, additional amenities may include swimming pools , outdoor lounges, and spacious deck areas for sunbathing and relaxation. Some superyachts also feature helipads , allowing for easy access to transport and travel to and from the yacht.

Entertaining and Lifestyle

A yacht is not just a floating home, but also a platform for entertaining and socializing. The deck space on a yacht offers a fantastic setting for outdoor gatherings, while a well-appointed cabin cruiser can serve as an ideal venue for more intimate events.

Entertaining on a yacht often involves a range of activities, from casual get-togethers to formal dinners with friends, family, or business associates.

A key factor in this lifestyle is the yacht's finish – the quality of the materials, furnishings, and décor that contribute to an atmosphere of luxury and sophistication.

With such an array of amenities and entertainment options, life on a yacht combines the best aspects of comfort, luxury, and a captivating lifestyle.

Frequently Asked Questions

What is the price range for a small yacht?

Small yachts can cost anywhere from $100,000 to several hundred thousand dollars, depending on factors such as size, brand, age, and amenities.

On average, a new, small yacht may cost around $200,000, but prices can vary significantly based on the specific yacht .

What are typical rental costs for yachts of various sizes?

Rental costs for yachts can vary greatly depending on factors like size, type, and location.

Typically, smaller yachts can be rented for a few thousand dollars per day, while larger, luxury yachts may command tens of thousands of dollars per day.

Some yachts may also require a minimum rental period and may charge additional fees for things like fuel and crew.

What is the purchasing price for a luxury yacht?

Luxury yachts generally fall within the multi-million-dollar price range, with some costing tens of millions or even hundreds of millions of dollars.

The exact price of a luxury yacht depends on several factors, such as the yacht's features, size, customizations, and brand.

What is the cost associated with owning a 50-foot yacht?

The cost of owning a 50-foot yacht includes the purchase price, maintenance, insurance, docking fees, and fuel costs.

While the purchase price can vary greatly, annual costs can be estimated at approximately 10% of the yacht's value, which may include maintenance, repairs, insurance, docking fees, and other related expenses.

What are the expenses involved in buying a 100-foot yacht?

In addition to the purchase price, which can range from a few million to tens of millions of dollars, owning a 100-foot yacht incurs several ongoing costs.

These expenses include insurance, crew salaries, maintenance, docking fees, fuel, and provisions. It is important to budget for these costs, as they can add up to a significant amount each year.

What can one expect to pay for a 70-foot yacht?

The purchase price of a 70-foot yacht can range from several million dollars to well over $10 million, depending on factors such as age, brand, and features.

In addition to the initial purchase price, there will be ongoing costs such as insurance, maintenance, crew salaries, docking fees, and fuel, which need to be considered when budgeting for yacht ownership.

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How Much is a Yacht?

As yachts range in size from about 33 feet at the very low end to as much as 400 feet and more, the average yacht price is not typically a good indicator of what most owners are going to pay. Based on data collected in the Boat Group market index, the average cost of a yacht in the 56′-79′ range for 2021 was $1.1 million in the US. We’ve compiled some examples below with prices gleaned from sites like Boat Trader and YachtWorld to provide a frame of reference for just how much you can expect to pay for a range of yachts based on length.

Average 40+ Foot Yacht Prices with Examples

Not everyone thinks a boat qualifies as a yacht at this size. Some people believe a yacht isn’t a yacht until it is over 60 feet but others are willing to go down as far as 33 feet. These vessels are often called cruisers rather than yachts. Yacht owners themselves even disagree here.

What you might consider a small yacht of under 40 feet would likely cost at least $200,000 to $500,000. The average price in 2021 for yachts that cut this through the middle, meaning yachts that ranged from 46 feet to 55 feet was just over $424,000. These are also considered entry level yachts for those interested in getting into the world of yachting. The average price for yachts that ranged from 36 feet to 45 feet was $213,436.

• In terms of examples, a 2005 Cruisers Yachts 420 Express that clocks in at 42 feet was going for $219,000 in 2022. 
• At the same time, a brand new 46 foot 2023 Cruisers Yacht 46 Cantius would cost $1,785,000.

As you can see, a newer yacht is definitely going to cost a lot more than an older yacht, but some older vessels do manage to hold onto their value if they have been kept in good condition over the years. Retrofits to keep up with technology and also repair or upgrade and features on the yacht can ensure the value stays competitive. 

Average 50 Foot Yacht Prices with Examples

Yachts from 50 to 60 feet may cost $500,000 to over $1 million. These larger yachts are typically not just day cruisers so a vessel of this size will have the features and capacity to keep you comfortably at sea for a few days. You should have a good sized cabin on a boat of this size and adequate features for cruising, sport fishing or more. 

• A 1993 50 foot Columbia Cutter sailing yacht came with a $129,000 price tag in 2022 which is a good deal below average but it’s also nearly 30 years old. 
• At the same time, a 55 foot 2021 Hinckley Talaria 55 MKII Flybridge had a price tag of $6,750,000 thanks to upgraded MAN 12V-1400 hp engines. So, at this size, the engines and features really can make all the difference to the tune of millions of dollars. 

Average 60 Foot Yacht Prices with Examples

At 60 feet and above we’re dealing with boats that meet nearly everyone’s definition of a yacht. By the same token, these are getting to the far end of what a typical individual owner could handle alone without a dedicated crew. Boats of this size typically have cabins to allow several guests to join you at sea, and more features to make the stay more comfortable, but the prices can start broaching the $5 million mark and higher.

• A 60 foot 2020 Cruisers Yachts Cantius went for $1.5 million in 2022 which, all things being equal, was a really good deal for a vessel that only had 380 hours of time at sea. 
• At the same time a 2019 68 foot 2019 Gunboat Highland Fling was going for $7,264,000. 

Average 70 Foot Yacht Prices with Examples

When you reach 70 feet it’s all but impossible to manage such a vessel without a crew and would probably be unsafe to try. For the cost, it’s also unlikely anyone would try. When you can afford a boat of this size, you can certainly afford to ensure she’s crewed properly. Yachts of this size will have cabins and crew quarters, likely for several guests. You may also find larger areas on the deck to entertain and relax. It’s not unreasonable for yachts of this size to reach $10 million. 

• A 77 foot 2019 Paul Mann convertible could set you back $9.6 million
• Far at the other end of the spectrum, a 1989 Maxi Maxi 72 foot Ocean Racer sailing yacht could be snagged for just shy of $130,000.

Average 80 Foot Yacht Prices with Examples

Once you reach 80 feet you absolutely must have a crewed vessel. You will likely have cabins for a good half dozen guests at this point or more. Prices for yachts of this size can easily top $10 million. The average price for yachts 80 feet and above in 2021 was $5.3 million.

• An 83 foot Versil Craft 26 yacht from 1984 can still set you back just under $250,000 at this price. 
• At the other end you can get a 2018 Merritt 86 convertible for $13,250,000. This is a custom yacht with room for 8 plus 2 crew in 5 staterooms.It features twin 2600hp MTU diesels, side thrusters, pop up TV, water purification systems, 4 heads, and much more to account for the price. 

Average 90 Foot Yacht Prices with Examples

At 90 feet we’re starting to get to the end of what people consider “normal” yachts and are encroaching on the superyacht. Not quite yet as most people consider a superyacht to be 120 feet or more, but this is definitely the outer range of yachting and really deep into the luxury type vessels. At this size you can find yachts that reach over $15 million though there are still relatively good deals to be found if you are looking for much older vessels.

• A brand new, 2024 Drettmann Bandido 100 boasts a price tag of just a few dollars shy of $16 million. 
• A 98 foot Benetti 100 from back in 1973 clocks in at a respectable $290,000.Except that it’s been completely gutted of engines and fixtures and everything so it’s basically just a hull. This goes to show just how expensive these boats truly are when you’re paying over a quarter of a million dollars for a 50 year old frame.

Average 100 Foot Yacht Prices with Examples

When you reach 100 feet even a used yacht that is a few years old will likely be over $5 million with prices for newer yachts reaching $50 million or more. Boats of this size under $1 million can be found but they are generally unfinished or gutted and in need of a retrofit. Some like a 1975 Supercraft Superyacht can be found for under $400,000 but the vessel is extremely old and a difficult sale which is why the relative bargain presents itself. 

• For an updated and ultra sleek 104 foot vessel, there’s a 2022 Gulf Craft Majesty 100 that will set you back $75 million.
• A 1990 Azimut 90 Europa that measures 101 feet has a price tag of $507,000 with the acknowledgement that it may also require some additional refits to the over 30 year old boat.

Super Yacht Prices with Examples

Above 120 feet you are now in the superyacht territory. Some would also break this down further with megayachts at 200 feet and gigayachts at 400 feet. Regardless of the size breakdown, these are massive vessels that often include very luxurious features like swimming pools, spas, tender garages, game rooms and a lot more. These must have a crew, often of dozens of people, in order to run smoothly. The yearly maintenance costs for these yachts can be staggering and sometimes can reach up to $10 million to $20 million and even more, just for the crew, fuel, yearly harbor fees, yacht insurance and additional costs. While that does seem like a lot of money, it’s somewhat tempered by the knowledge that any yacht owner who can afford a $400 million yacht can properly just as easily afford what are relatively small in comparison maintenance and upkeep costs.

• In 2022, Global Regal Yachting was offering a German built, 331-foot yacht to be built under the name Shatoosh and delivered in 42 months for a total price of $191.8 million. So you could have your own custom built mega yacht for just under $200 million, but it will take 3 and ½ years to get to you.
• On the smaller end, a 1984 Canados coming in at just 121 feet would cost you about $830,000 US. No word on the condition beyond “good.”

Is Every Yacht a Luxury Yacht?

Not every yacht on the water qualifies as a luxury yacht, despite the fact that the word yacht tends to make us think of luxury when we hear it. Part of the problem here is that the language and terminology really doesn’t have a set in stone meaning. What may be luxurious to some is not luxurious to others. But it’s safe to assume that if you have a 35 foot cruiser it will probably not be as luxurious as Jeff Bezos’ $500 million yacht or some of the other most expensive yachts in the world.

Features that tend to make a luxury yacht different from a normal yacht which can increase the price:

• Most luxury yachts are also super yachts (120 feet) or megayachts (200 feet) and even gigayachts which would be the biggest yachts in the world (400+ feet)
• A crew is needed to operate most luxury yachts
• Accommodations for multiple guests
• On board swimming pool
• Tender garage with water toys
• Jacuzzi tubs
• Dance floors/discos
• Multiple dining rooms

Because most of these features won’t exist on smaller “normal” yachts, they can cost a significantly lower amount of money. A yacht used for day cruising or sport fishing that’s 50 feet or under will not have any of this but, as we covered, can cost a fraction of what these larger and more luxurious yachts cost.

Luxury Yacht Charter Cost vs Purchase Price

For many people the prospect of buying a superyacht is quite unattainable, but there’s always the possibility of chartering a yacht. That said, a superyacht charter can still cost a large sum of money. Yacht rental costs, especially on an all inclusive yacht charter, can be steep. Some superyacht charters can cost about $150,000 per week. The world’s largest charter yacht, the Flying Fox, which was once believed to be Jeff Bezos’ yacht, charges a stunning $3.1 million per week as the yacht charter base price. That said, it’s believed the purchase price of that yacht was around $400 million as well so, arguably, chartering it is definitely cheaper if you’re just looking to get a feel for it. 

Chartered yachts come with crews who are being paid to make your stay better as well. If you own the yacht outright, you pay the crew and therefore decide everything they are going to do so there are no surprises there. 

When you charter a yacht, especially when you’re paying over $1 million per week, you can expect a crew that can provide the following services:

• Expert massage therapists and beauticians provide relaxation and associated services from massage to manicures, face masks, body treatments and hair styling as well.
• Personal trainers to assist you with workouts in the gym and around the yacht as you like.
• Trained chefs able to create unique dishes as well as recreate your custom ordered favorites at a moment’s notice. Many high end yachts will fly in ingredients if necessary. Many chefs on these yachts are the highest caliber in the world and run Michelin-starred restaurants.
• Use of that same helicopter to transport you and guests to and from the boat.
• The absolute coolest toys you can use on the water including jet skis, Flyboards, trampolines, slides and scuba diving .

Essentially a yacht charter price asks you to pay for a resort at the sea while the purchase price puts you in charge of the resort and all of the potential jobs that might come with it. For some that’s not a big deal, of course.

Sailing Yachts vs Motor Yachts

In general, expect a sailing yacht to cost less than a motor yacht, especially over the long term. Engines are a big expense on yachts so they can often take a huge chunk of your upfront price right there. Then, over time, the expense of running the yacht should be factored in as well and that’s where a motor yacht will continue to hit your wallet. The price of fuel will always add to the costs year over year, plus repairs and retrotfits. On some of the larger superyachts, fuel costs can reach well into the millions over time. 

The Bottom Line

The price of a yacht can range from under $200,000  at the low end of things with older or smaller yachts, all the way up to tens of millions of dollars. Jeff Bezos is believed to have spent $500 million on his yacht and the yacht known as the Eclipse is thought to have cost well over $1 billion.

The average yacht cost in 2021 was $1.1 million and that’s for yachts that range from 56 feet to 79 feet. Superyachts and other more luxurious vessels will cost significantly more. Just chartering a superyacht can cost millions of dollars per week, but at least then you get full VIP treatment with none of the administrative hang ups involved in running such a large and expensive vessel.

My grandfather first took me fishing when I was too young to actually hold up a rod on my own. As an avid camper, hiker, and nature enthusiast I'm always looking for a new adventure.

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How Much Sailboats Cost On Average (380+ Prices Compared)

Turns out that owning a sailboat is pretty affordable. OK, it isn't cheap, but it can absolutely be done on a budget. In this article, I'll show you exactly what to expect.

Sure, super yachts are expensive, but so is everything super (except for maybe supermarkets). But a modest, used sailboat can be as cheap as $2,500 and an additional $1,400 per year.

It may come as a surprise to you that you can get a decent sailboat for as little as $1,500 on Craigslist.

Average sailboat costs at a glance

We've compared thousands of listings, so you don't have to. If you just want the ballpark figures, here they are:

The average price of new sailboats is $425,000 ($127,000 to $821,000). The average price of used sailboats is $278,000 ($67,000 to $555,000). Maintenance costs are on average $2,000 - $3,000 per year, and the average total annual cost is $3,000 to $7,000.

Of course the price of a sailboat depends on our choices. We decide whether sailing is a rich man's game, or actually a very good holiday investment. (It beats driving to a bungalow park for sure - both cost-wise and the experience itself.)

How Much To Charter a Superyacht? (Less Than You Think)

Why you should trust us These figures are based on our latest research which was last updated September 26th 2023 . We do this research every year, giving us very accurate numbers and clear insight into the trend of sailboat prices. We've literally compared thousands of sailboat listings over the years, and we've done so methodically. The research is done by our researcher Tay, who is an engineer by trade.

This will be a long article because there are so many aspects to cover. I'd like to spend some time exploring the costs of actually buying the boat. Then I want to go into recurring costs , like mooring, maintenance, and insurance.

To really drive home what you're getting into , I'll give four real-life examples. These examples include every expense as a separate line-item. And we'll go over them line-by-line together.

Then I'll share our exact research results with you . This will include all our numbers: new vs. used, average price per foot, and much more. These are extremely detailed numbers (you don't have to read this if you don't want to).

At the end of the article, we'll discuss why a boat doesn't just cost money: she can actually make you some if you wanted.

• A used family week-ender with a small cabin will cost roughly $30,000 (all-in for the first year).
• If you dream of sailing around the world, expect to spend around $100,000.
• New sailboats on average cost twice as much as used boats.
• Maintenance cost are 5-10% of the boat's value per year. Docking costs are roughly $800 - $2,500 per year.
• Sailboat prices have gone up 30% this year.

On this page:

Average sailboat cost: 2023 summary, examples of popular sailboats, and how much they cost, what does it cost to buy a sailboat, what does it cost to own a sailboat, make or save some money, related questions.

Before we really get into it, I first want to give you the quick rundown. So I've summarized our research for you.

Buying a sailboat

Small boats are up to 30 foot long . They'll be very capable and great for solo sailors or small families who want to go on day trips, or short week-end trips on inland waters. Some of them will have cabins and sleeping quarters, although small.

Medium boats are between 30 and 50 foot long . They'll host larger parties and will be more suited for longer trips, coastal sailing, or even bluewater cruising. Sailboat length isn't necessarily the most important feature for that, though.

Large boats are 50 foot and up . This is proper yacht territory, and they'll be a lot more luxurious, and also exponentially more expensive.

If you buy via a broker, you typically get more reliable boats, but also pay more. If you buy off of Craigslist, you get a fat discount, but there are more lemons on there too.

You could hire a boat surveyor who will inspect the boat before you buy it (much like when you buy a house). Those surveys are not very expensive and can be worth your money.

Owning a sailboat

There are a lot of costs involved with simply owning a boat. The biggest expenses will be docking and maintenance.

Those two alone will account for roughly 80% of your yearly expenses.

• Maintenance : 5-10% of the boat's value
• Docking : $800-$2,500 per year on average, depeding on location

If we want to know what we're getting ourselves into, we should know every expense to the dot.

Below, we'll go over four very different case studies. I'm hoping one of these will relate to your specific situation. It'll show you what to expect and how to budget for your purchase.

The four sailboat case studies

• What does it cost if you want to keep your boat in good shape and have a good sailing experience? - aka: most people
• What does it cost if you ONLY spend the absolute minimum amount to keep her floating?
• If I want to sail the world on a budget, what's the absolute minimum?
• If sailing is more of a status thing to you, how much money COULD you spend?

There are a lot of great boats out there for a good price and there are also some boats that are so expensive (or so cheap), it's not even fun to look at them.

But one thing's for sure: there are plenty of boats available, and even if you're on a very tight budget, you could absolutely still make it work. Sailing in and of itself is actually not that expensive: wind is free, water is free, boats can be cheap - if you're willing to look around a bit. It's all the little extras that add up quickly.

Listed below are 4 boats that make great beginner boats. Since more than 80% of all boats that are bought are second-hand, I'll use the prices of used boats I found on Craigslist.

If you want to know exactly where the numbers come from, don't worry, I'll explain them after the 4 examples.

1. Island Packet 26' for stressless weekends on the lake

The one-time costs are $24,860 Your total recurring costs are $5,650 per year, or $471 per month

Let's say you're like me and most other people and just want a nice boat without too much hassle. So you pay people for complex maintenance. You do the required maintenance and save up for future repairs. You do a little yourself, which saves you a couple of hundred of bucks a year. You also join a (cheap) sailing club to learn how to not trash the boat. You get the right trailer, and you save up some money for future repairs. You don't want to buy a bad boat, so you pay a fair purchase price

One-Time Costs:

Recurring costs:, 2. extreme low budget catalina 22'.

Ok, I'm very interested in how cheap you could actually go (in theory). Is it do-able to buy a very cheap sailboat and just keep her afloat, never change sails, and only pay for maintenance that is absolutely necessary to not sink?

In this scenario, I don't care about speed, so I don't change sails. I certainly won't join a sailing club, and I try to save some money on the marina by boondocking. I also happen to live in a cheap state registration and tax-wise.

Docking costs can get out of hand For an average sailboat, depending on your area and wishes, up to $5,000/year . Read everything about docking costs

I try to pay as little as possible for the boat itself (and I've actually found a Catalina 22 for $2,250 on Craigslist today!). I don't save up for rigging and hardware (tomorrows' worries). I try to get an extra 2 years out of my bottom paint and I only do the essential repairs, and I do them myself. But because I saved so much on the purchase, this little boat needs a lot of maintenance.

Luckily, I have time on my hands and know my way around engines and rigging, so I do all of it myself (with the help of YouTube).

I don't bother with winterizing my boat, I'll just sail somewhere warm. Oh, and I'll use the engine as little as possible to save on gas.

Will your boat be happy? Definitely not, but your wallet will be (for now). Can it be done? It's optimistic, but yes, I think it can be done. But you have to be mechanically inclined, and pretty creative.

The one-time costs are $2,428 Your total recurring costs are $1,380 per year, or $115 per month

Recurring Costs

3. low budget 35' ocean cruiser for traveling the world.

If you dream of crossing oceans, you need a comfortable ride. Usually, most sailors pick a boat that's between 32' - 50' for two person ocean cruising. Anything under 32' gets pretty uncomfortable in high waves, although it can be done.

But this is also the range that gets expensive - quickly . So if we're on a tight budget, but also need a good and reliable boat: how much will it cost?

The boat will cost you $35,000. For this price, I've seen a beautiful 1983 wooden cutter (by Robert Tucker), multiple Beneteau Oceanis from '88 - '89, multiple Bavarias ... plenty of solid choices on the second-hand market here.

In this example, you don't join any sailing clubs (I assume you're pretty experienced if you want to cross oceans). You also don't winterize (you're sailing the Caribbean by now). No trailer, as you won't haul it out of the water any time soon.

You do pay a fair price for the boat because you don't want any surprises during your Tour du Monde. In need of a lot of bottom paint , since you're in saltwater most of the time. It's also a good idea to invest in at least SOME navigation equipment, so for $500 I've added a simple but capable GPS chartplotter and compass.

You can get a cheap but reliable chartplotter and compass for less than $500 - in total. If you want to learn more, head over to the recommended gear section .

The one-time costs are $37,590 Your total recurring costs are $5,425 per year, or $452 per month

4. Powerful 40' Yacht (and everything that goes with it)

Let's say you're in the game for the fame. What does it cost me to own a grande yacht with all luxuries (and costs) that go with it?

I join an expensive sailing club, hire pros that maintain the thing beautifully, and I also pay for winterization, the best trailer I can find. I replace my sails and running rigging every 5 years - since speed matters to me. Because she's my pride, I paint her every year. I spend an additional 500 bucks a year on special soaps and waxes.

I want a prime mooring location, so I pay a premium. I also get a small boat to hang from the large boat, to get to shore more quickly.

The one-time costs are $166,400 Your total recurring costs are $15,150 per year, or $1,263 per month

There are a couple of important factors that determine how much money you end up spending.

• Size - length determines mooring costs, insurance, amount of paint on your hull, literally everything gets more expensive with every foot of length
• New vs. used - of course, it makes all the difference whether you buy new or used. Typically, the price of a 25-year old used sailboat vs. a comparable new one is 3-4 times lower ($60,000 vs $200,000).

With used sailboats, I find that the price generally increases rapidly from 30 feet onwards

It's the same with new sailboats - or actually, it keeps increasing with every extra couple of feet. The reason is that as the boat gets bigger, it also gets more luxurious (upholstery, finishing, equipment).

The average price of a new sailboat per foot in USD:

• under 30 ft: $3,217 per ft
• 30 - 50 ft: $7,625 - $11,128 ft
• over 50 ft: $14,927 - $78,033 per ft

On average, second-hand sailboats go at 1/3 - 1/4 of the cost of a new boat:

• under 30 ft: $1,773 per ft
• 30 - 50 ft: $6,473 per ft
• over 50 ft: $10,091 - $36,889 per ft

If this is too much for you, you could always rent a boat instead. I recommend chartering. You can get great sailboats at great prices. Check out my charter recommendation here .

Cost of buying a sailboat

Price of new sailboats.

I've looked at the prices of thousands of yachts (really) on one of the largest yacht marketplaces in the world (- not manually, don't worry: with the help of their search function). This is what I came up with:

Source: Yachtworld.com Q3 2023

The price of new sailboats ranges from roughly $1,765 - $78,033 per foot. I've used these numbers to calculate the following list:

Prices per foot in USD

Here's the detailed price per foot for all lengths from 20 to 100 feet:

Price of used sailboats

We did the same for used sailboats, comparing thousands of listings. Here are the complete data:

Source: Yachtworld Q3 2023

The price of used sailboats ranges from roughly $882-$36,889 per foot . Here's the detailed price per foot for all lengths from 20 to 100 feet:

Prices on Craigslist

The price of used sailboats ranges from roughly $476-$2,098 per foot.

To get an average of the price of a used sailboat, I went over to Craigslist. I took the first 20 relevant search results for sailboats under, and over 30 feet.

Of course, the averages here are very speculative, as prices vary from day to day. But it gives a broad range of what to expect.

Over 50 feet, listings become meagre. I believe people tend to not place their 80-ft sailboats on Craigslist, but sell it through a broker instead.

Median Craigslist price of a used sailboat:

• under 30 ft: $11,065
• over 30 ft: $87,020

I've calculated the median price , not the average. The median is the price that's most common within the price range. This way the highest and lowest prices don't have as much impact.

Average Craigslist price-per-foot of a used sailboat:

• under 30 ft: $476 per ft
• over 30 ft: $2,098 per ft

This is what I found on Craigslist under 30 feet:

Washington dc.

Source: Craigslist Washington DC Q3 2023

Los Angeles

Source: Craigslist Los Angeles Q3 2023

Source: Craigslist Houston Q3 2023

South Florida

Source: Craigslist Miami Q3 2023

Source: Craigslist New York Q3 2023

Here's what I found for 30 feet and up:

Sailboat price development.

Compared to our 2022 research, the median price of new sailboats has gone up 22.5% (from $251,000 to $307,500). The average price has gone up 33.6% (from $248,000 to $331,250).

The average price of used sailboats under 30 ft on Craigslist has gone up 30% (from $8,500 to $11,000).

Sailboat prices research archive

You can check our earlier research data here:

• 2022 average sailboat price data
• 2019 average sailboat price data

Catamarans are 60% more expensive

If you dream of owning a catamaran, you should expect to pay roughly 60% more for the boat, and 60% more on annual cost like upkeep and mooring. There are exceptions, of course, and for some boat lengths, new catamarans may be slightly more affordable than a monohull.

I've researched thousands of catamaran listings as well to come up with those numbers. The exact numbers are summarized in my guide on the average cost of buying and owning a catamaran. It's very similar to this article, so if you like this and are curious about catamaran prices as well, I encourage you to check it out.

Average Cost of Buying & Owning a Catamaran (With 4 Examples)

So let's take a quick look at the costs for owning a sailboat.

One-time costs:

• Registration : costs of registration differ per state, but usually run anywhere from $3 - $10 per foot.
• Taxes : differs per state and country. Most governments want you to pay property tax and sales tax. Sales tax is usually about 5%. Property tax varies and is more complex, so I'll leave that up to you to figure out.
• Trailer : $1,000
• Sailing club initiation fee : $1,500 - $4,000

Recurring costs:

• Mooring : $10-15 per foot per year (can be much higher for prime locations)
• Insurance : typically 1.5% of the total value of the boat. So a $50,000 26' cruiser will cost 750 bucks.
• Maintenance : a good rule of thumb is 10% of the boat value. Expect to spend anywhere between $500 - $2,500 per year for small to mid-sized boats.
• Fuel : depends on how much you use the boat and the engine, but on average something between $100 - $150. - Find out how much fuel a sailboat uses in my article here (opens in new tab).
• International License : if you want to sail on international waters, you have to get your ICC (International Certificate of Competence ). Plan on spending anywhere between 400 to 500 dollars.
• Safety equipment : plan on spending anywhere between 150 to 600 bucks for lifejackets, first aid kit, and distress signals.
• Winterize boat : $2,000
• Sailing club: $800 - $1,500

Cost of owning a boat

Maintenance

Your average maintenance cost will be roughly $144 dollars per month for boats under 30', or just under $2,000 per year.

Maintenance involves a lot of hidden costs We took an in-depth look at everything . The result is a comprehensive article that lays it all out for new boat owners. Read all about maintenance costs

Gas engines run for about 1,500 hours, diesel engines run for 5,000. After that, you'll need to change them out.

Most engines will last you about 20 years.

A standard 15HP or 20HP outboard gas engine will cost you about $5,000 - $6,000 and needs replacing every 20 years or so. If you do the work yourself, it's more something like $1,000 - $1,500.

A smaller engine uses less fuel, reducing your total cost You can actually use a pretty small engine for most sailboats. To learn how small (and efficient) you can go, I've written a guide on how to calculate it yourself. Read all about outboard engine size

Replacing the sails and rigging

Most people that own a sailboat will have to replace the sails and rigging at least once in their lifetime. Replacing the mast is uncommon, but if you're unlucky and get demasted, it will need to be fixed. So I've added it to the "be aware this might happen" list - but won't add it to the monthly recurring costs.

If you need to replace the mast and boom, prepare to spend anywhere between $15,000 - $25,000.

I won't go into detail, but I have written a long article about the cost of new sails (opens in new tab). It's a really helpful post (with a formula) if you want to know what to expect.

Good quality cruising sails will need to be replaced every 10 years or so.

The cost of new sails is on average:

• 26' Bermuda Sloop rig will cost you about $1,000 - $2,500.
• 34' Bermuda Sloop rig will cost you about $3,000 - $5,000.

The cost of the new rigging is on average:

• Standing rigging - every 10 years at $4,000
• Running rigging - every 5-10 years at $5,000

Bottom Paint

Your boat will need bottom paint roughly every 2 years (could be longer, but to be safe, let's keep it at two). It's also called antifouling paint because it helps to protect your hull from weeds, barnacles, and so on. Barnacles can slice through your boat's bellow! So you don't want them on there.

On average, it costs about $15 to $20 per foot to get your sailboat hull painted professionally.

For a 26' sailboat, that's just 500 bucks. Money well spent.

Replacing safety equipment

USCG safety regulations require you to replace safety gear regularly.

• Lifejackets have to be replaced every 10 years.
• Flares have to be replaced every 42 months. You could consider buying a LED electric distress light instead, which will last you a lifetime.
• If you carry a life-raft you'll need to replace that every 12 years as well.

Adhering to the minimum safety requirements shouldn't cost you more than 150 - 250 dollars every 5 years. But if you want the good stuff, need more fire extinguishers, plan on spending more like $600. If you want a life raft, that's another $1,500.

To avoid you have to go cheap on your safety gear, I've put it in the budget for $500.

If you want to know exactly what the USCG safety requirements are, including checklists , definitely check out my article here.

Winterizing your boat

Winterization is an often overlooked cost, but it can be one of the largest expenses each year. If you're like me, and not so lucky to live in Florida, you need to winterize your boat.

Failing to winterize it will increase your maintenance cost over time, as the engine wears out more quickly, and your plumbing and equipment will fall apart. Winter storms and ice can damage the hull and mast as well. Learn all about the dangers of failing to winterize here .

It's the best way to protect your boat in wintertime, period.

It consists of two parts:

• Winterizing - costs $500 to $1000 - This is the preparation for winter storage. You flush the cooling system with anti-freeze, and the boat gets wrapped in a shrink wrap cover.
• Winter storage - costs $50 per ft on average

Some other maintenance costs:

• Batteries: deep cycle batteries need replacing every 4-6 years at $600
• Deck hardware: every 20-30 years (bullseyes, tiller, eye straps) at $1,500

Joining a Sailing Club

If you're new to sailing, you might want to consider joining a sailboat club. This might help you to get tips, make friends, and learn in a safe environment. Most clubs also organize races, which are a great way to quickly improve your sailing skills.

But it comes at a cost. Sailing clubs are very expensive.

Initiation fees range anywhere between $1,000 - $4,000. But that's not all.

Then there's an annual fee of $500 - $1,000 per year. And lot's of additional fees: for dining, lockers, etc.

If you're willing to skip Christmas, go for it.

How about making up for some of those losses? There's just no better feeling than earning back all that cash with the same thing that you've spent it on in the first place.

There are lot's of ways to earn a little extra with your boat - if you're willing to put in the effort. Here are a few ideas:

• hire yourself out as the captain of a personalized cruise (for families, newly-weds, groups of colleagues)
• take people to go fishing
• hire your boat out to yacht charter companies
• teach someone to sail
• take photographers, film crews, and artists on tours
• organize dolphin and whale watching tours
• delivery of cargo - some places just can't be reached by car, for example, the city center of Giethoorn (Dutch Venice). So you have a competitive edge here!

Some ideas to save money:

• install solar panels (no more dock power)
• buy a and cheap small boat (kayak or someting) to get to offshore anchorage (which are cheaper)
• shop around for insurance
• get gas at the gas station, not the marina
• do your own maintenance as much as possible
• find a friend with water access to avoid mooring
• use it a lot (prevents stuff from breaking)
• fix things that are broken immediately
• keep your sails out of the sun
• do your own upgrades

For example, convert your winches to self-tailing yourself. I was really surprised by how cheaply this can be done yourself. Read my article on how to do it here (opens in new tab).

How much does it cost to paint a boat hull? Painting a boat hull with antifouling paint will usually cost between $15 - $20 per feet. For example, a 25-foot sailboat will cost roughly $500. A 35-foot sailboat will cost $800 to repaint. You can get premium paints and services, which can quadruple the cost. Typically, a boat needs to be repainted every two years.

Why are used sailboats so cheap? Sailboats require a lot of skill and patience. They can be quite expensive to maintain and to keep in slip. Some people find they can't afford the marina rent, upkeep, and other costs; sometimes they simply don't want to; others don't want to sail anymore. In some cases, expensive and important parts are missing.

How much does it cost to charter a sailboat? The price of a charter depends on location, size of the vessel, crew or bareboat chartering, and so on. However, on average, a bareboat yacht charter will cost anywhere from $5,000 - $10,000 per week. Crewed charters cost anywhere between $10,000 - $15,000 per week. Superyachts may cost up to $150,000 per week.

Thanks to Jean-Pierre Bazard for letting me use his wrapped boat photo under CC BY-SA 3.0

Excellent write up. This is honestly the type of information that’s hard to find as you’re trying to get into sailing. I’m a car guy. People think of car collecting like Jay Leno, but it can be done cheaply. I get the impression sailing is the same way.

Shawn Buckles

Hi Stephen, thanks a lot for your kind words, really appreciate it! It really is kind of the same, it’s all about how much time and effort you’re willing to put in. As with anything, lots can be achieved with energy and attention.

Thanks again.

Serious question. Why are you buying a trailer for a 40 ft yacht? That doesn’t even make sense.

Hi Christian, thanks for the remark. 40 ft boat trailers do actually exist, although I agree that most people probably won’t trailer a 40 ft yacht.

Thank a lot for the very useful information„ now you caused me to start thinking why don’t I start sailing lessons to do round the world in a sail boat ( instead of an aircraft)

Hello Hatem, you’re very welcome. Smooth sailing, or flying.

Hi, I am not familiar with boats. My boss just asked me to find a nice boat for him. Thank you for this informative post, this helps me so much. By the way, I already found a site selling yachts here in the Philippines, here’s the link https://rayomarine.com Do you have any suggestion with brand and boat type. Thank you! More power!

Very good information, but I am having a hard time matching these number here in Southern California. Cheapest slip I found so for is $375/month, on a very run down and far from the ocean marina. At the harbor that I want, the cheapest I found is $800/month. Even if I was given a boat for free, just keeping it in place would cost me almost 10k/year

Excellent writeup, Shawn! Thank you very much for all your hard work and I look forward to reading your other articles on the subject.

Great info! We are in the market for our first sailboat and this answered many of our questions. Although I do agree with Rafael that slip prices in Southern California our much higher than what you listed. The marina we like will run about $1000 a month.

Thank you for your artical…a LOT of useful information included in it sir. I have been thinking about buying one for two years now, since I moved to a harbor town near where I grew up. We always had motor boats when I was young. But, I always loved sailing MUCH much more! I love the quiet of it, and always something to do, rather than just sit, drive, gas it up, dock, repeat. Laugh!! It’s about a ten min walk to the marina from here..and I have nothing but time. However my health is pretty bad. I just don’t know if I could handle it all alone. I’m thinking maybe a 25-30 foot cruiser. Thanks again sir!! I look forward to reading your other articles. Sincerely, Gary Heaton Olcott, Ny

Thanks a million! First time I come across an article that complete and with so much effort. For people thinking about buying a boat the info you provide is priceless.

John Callahan

Good information, but any article on prices should have a date associated with it. I see no indication of when this article was posted.

Thank you so much for this well done article. We’re looking at getting a boat and you’ve answered questions we didn’t even know we had.

Awesome article good job i am from Slovenia and thinking about buyng sailboat and sail for 6 monhs per year.I hawe bean looking on Holland sites too buy one can i maybe find auctions too buy a sailingboat i bawe wach Troswijk but they do t hawe any up ther?

Many of the costs quoted look very low to me, especially in the first article. Was this written a long time ago?

Excellent article. Am wondering though how do I dispose of a used boat if I get tired of it and can’t sell it or possibly run it aground. Maybe a 40 ft sloop?

Chris Kenny

Thanks for this infor.

Peace sailing.

Benjamin Sklar

Extremely helpful and interesting article! Thank you!

John Wallace

This is the most accurate information I have ever seen about boat ownership costs.

Many thanks!!!!

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Before buying your first boat you probably want to know how much it will cost you each year. So did I, so I checked hundreds of slips, and here are the numbers I …

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Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.

Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.

Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.

To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .

Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.

This sunburst diagram is interactive. You can click into each block to see the expense break down and mouse over each block for more details.

Our chart of accounts displays seven major categories, 20 sub-categories plus a further 80 detail categories for a total of 107.

Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.

Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.

Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.

Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.

Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.

We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.

We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. 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 shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊

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How much does a yacht cost | ultimate breakdown guide.

 October 14, 2019

Complete guide to “How much does a yacht cost?” including superyachts and megayachts. Includes the cost of owning and operating a yacht. Yachts and superyachts are symbols of success. They appeal to wealthy individuals but are also extremely useful business assets. In this article, we’ll explore how much does a yacht cost. Also, we’ll answer how much does a superyacht cost and how much does a mega yacht cost. Then we’ll identify additional yacht costs such as fees and taxes. Next, we’ll give example breakdowns of the price of yacht and the price of a superyacht. Finally, we’ll explain how Assets America ® can help fund your transaction, and then answer frequently asked questions regarding the cost of yacht. Note that we’ll devote a separate article to yacht operation and maintenance costs. This article focuses on how much does it cost to buy a yacht.

How Much Does a Yacht Cost?

To know the context for how much does a yacht cost, we define some important terms.

Yacht Terms

• Yacht: A sailing or powered watercraft between 39 and 78 feet in length, accommodating up to 6 guests.
• Superyacht: A luxury yacht ranging in size from 78 to 200 feet in length, accommodating 6 to 12 guests.
• Megayacht: A luxury yacht greater than 200 feet long holding more than a dozen guests.
• Cabin Cruiser : A luxury powered boat between 23 and 38 feet in length.
• Day Sailing Yacht: Small yachts, often with a retractable keel, daggerboard , or centerboard and no cabin.
• Weekender Yacht: Medium-sized yachts, typically up to 31-feet long. Usually, they have lifting keels or twin keels allowing shallow-water operation for two-to-three-day journeys. Normally, weekender yachts have a simple cabin sleeping two to four passengers along with a small galley.
• Cruising Yacht: The most common private yacht, with good handling, onboard comfort, sufficient interior space, and capable performance. Typically, they have a teardrop-planform hull with a deep single-fin keel.
• Luxury Sailing Yacht: Larger yachts powered by wind and engines, with many luxury features.       Typically, yacht makers construct these boats with fiberglass hulls and plenty of automation, lighting, navigation aids, hot water, and more.
• Racing Yachts: Yachts optimized for fast sailing, with heavy and deep bulb keels, tall masts, and large sails.

Average Cost of Yacht

New yachts over 100-feet long have an average price of a yacht equal to $1 million per 3.3 feet in length. In other words, a 100-foot yacht will, on average, cost more than $30 million. Older yachts below 85 feet are less expensive. For example, an 84-foot yacht originally built in 2002 and renovated in 2015 sold for $1.45 million.

The average price of a yacht that is preowned, entry-level, and in the 30 to 35 foot range, is about $100,000.

How Assets America ® Can Help

Whether you need to borrow $20 million or $1 billion to acquire your yacht, Assets America ® can most assuredly help.  We can arrange short-term or long-term financing for the purchase or refit of yachts, superyachts and megayachts. We can provide financing much more rapidly than most typical funding sources do, and we can arrange financing even if your bank declines.  Call us today at 206-622-3000 for a confidential consultation, or simply fill out the below form and expect and prompt response!

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How much does a superyacht cost.

Superyacht prices are high but variable. For example, the world’s most expensive superyacht (the History Supreme) has a price of $4.5 billion. And at only 100 feet, it is too small to qualify as a megayacht, even though it certainly has a mega-price! On the other hand, a world-famous golfer purchased a 155-foot superyacht for $20 million, a sweet deal. The average price of a superyacht is $275 million.

How Much Does a Megayacht Cost?

The most expensive megayacht, measuring in at 536 feet, cost $1.5 billion. A 1990, 344-foot megayacht can be yours for $210 million. So, the prices of megayachts can vary greatly. In other words, there is no clear answer to how much does a mega yacht cost.

Video:  Million Pound Mega Yachts for Sale – Documentary 2019

Additional Costs of a Yacht

A few states don’t have sales tax: Delaware, Montana, New Hampshire, Oregon — and to some extent Alaska. If you buy a yacht in any other state, you’ll owe state sales tax. On a $1 billion yacht purchase, a state like Texas with 6.25% sales tax will collect $62.5 million. You can buy a yacht in a state without sales tax and use it in another state. However, you will eventually have to pay a use tax. Florida caps yacht sales tax at $18,000, but California has no cap.

Municipalities that charge local sales tax could add a percentage point or two to your tax bill.

Most states also assess property taxes on yachts. Marinas may assess a tax on boat slips. Some states will refund fuel taxes on yachts since they don’t use roads.

Yachts with bathroom, eating, and sleeping facilities qualify as second homes. You can deduct the interest on the yacht’s mortgage, but national tax law caps the deduction at $750,000.

A yacht purchased for business purposes is a capital asset that you can depreciate. This would apply to a charter, rental, or fishing yacht that you use to generate income. If you buy a used business yacht for $1 million or less, it might qualify as Section 179 property. If so, you can deduct the full price in the year of purchase.

There are some minor fees you may have to pay when you acquire a boat. For example, you may have to register your yacht with the International Registry, which has fees of $550 to $1,500. Also, you may pay an annual tonnage tax, a ship radio station license fee, and certificate of insurance. Other fees include those for :

• An annual Maritime Security and Compliance fee
• Private Yacht Limited Charter Compliance Certificate
• Minimum Safe Manning Certificate
• Continuous Synopsis Record (CSR) Document
• Annual Yacht Service
• Intended Registration and Vessel Under Construction Registration

Cost Breakdown

When you want to know how much does a yacht cost, you need to know the cost factors. A yacht’s price directly ties to its construction costs, which include:

• Design: The design requires expertise in marine and mechanical engineering. For example, the designers must undertake many stability and hydrodynamic studies. Also, the design must be esthetically pleasing.
• Construction: It can take many months to construct a large yacht. You must factor in materials, equipment, and labor. Luxury-yacht buyers may want expensive and/or rare materials. One yacht, the infamous History Supreme, contains dinosaur fossils and meteorite stone! But less outlandish materials, such as fine woods and precious metals, still contribute to high construction costs.
• Engine: The number and power of yacht engines can greatly impact cost. Naturally, all things being equal, a sailing yacht should cost less than a comparable motor yacht. It requires huge power to propel a large megayacht, and an elaborate engine room to operate those engines.
• Interiors: Large yachts have many rooms, including galleys, heads, bedrooms, meeting rooms and more. In addition, electronics are important cost items.

FAQs — How Much Does a Yacht Cost?

How much does a 50-foot yacht cost.

A 50-foot yacht is a good candidate for weekend duty. A 2014 convertible sportfish costs just under $2 million. An example price of yacht (51-foot 2013 Azium Magellano 50) is $670,760. A 52-foot 2017 Carver C52 Command Bridge sells for $1,149,000.

What is the cost to build a yacht?

Mid-level yachts cost about $25 to $35 per pound to build. Higher-level-yachts have average construction costs pf $45 to $65 per pound. The top vessels built with exotic materials and hi-tech systems can cost $80/pound to build.

How much does a 60-foot yacht cost?

A 60-foot yacht is about the largest size that an owner operates. A new Hatteras M60 can easily cost around $3 million. However, you can get a 2007 60-foot Sunreef 62 for $735,000.

How much does a 100-foot yacht cost?

Superyachts in this range contain many amenities. You can buy a new 100-foot AB 100 for just over $8.8 million. But let’s face it, you can spend hundreds of millions on big yachts. Your only limits are your imagination and most importantly, of course, your wallet!

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I’ve worked with this company for decades. They are reputable, knowledgeable, and ethical with proven results. I highly recommend them to anyone needing commercial financing.

Ronny was incredibly adept and responsive – top-notch professional who arranged impressive term sheets.

Assets America helped us survive a very difficult time and we most definitely give them 5 stars!

Ronny was very friendly and though we were unable to make something happen at the moment he gave me some direction to go.

My business partner and I were looking to purchase a retail shopping center in southern California.  We sought out the services of Ronny, CFO of Assets America.  Ronny found us several commercial properties which met our desired needs.  We chose the property we liked best, and Ronny went to work. He negotiated very aggressively on our behalf. We came to terms with the Seller, entered into a purchase agreement and opened escrow.  Additionally, we needed 80 percent financing on our multimillion-dollar purchase.  Assets America also handled the commercial loan for us.  They were our One-Stop-Shop. They obtained fantastic, low, fixed rate insurance money for us.  So, Assets America handled both the sale and the loan for us and successfully closed our escrow within the time frame stated in the purchase agreement.  Ronny did and performed exactly as he said he would. Ronny and his company are true professionals.  In this day and age, it’s especially rare and wonderful to work with a person who actually does what he says he will do.  We recommend them to anyone needing any type of commercial real estate transaction and we further highly recommend them for any type of commercial financing.  They were diligent and forthright on both accounts and brought our deal to a successful closing.

Questionnaire

Yachts For Sale

New and used boat and yacht sales with guidance every step of the way..

Our Bluewater yacht brokers have years of yachting expertise in the marine industry with in-depth knowledge of yacht sales, long standing relationships with shipyards and marinas and yacht crew alike.

Whether you want to purchase your first yacht, upgrade or sell your current vessel, our aim is to find your perfect yacht or the ideal buyer.

Bluewater’s expert brokerage services put buyers and sellers first, ensuring you are at the forefront of the fast-moving yacht sales market.

Bluewater prides itself on exceptional sales advice, market intelligence and sourcing the right yacht at the right price. No matter where you are based, you can benefit from listing or purchasing your yacht with our yacht brokers who are leading worldwide yacht sale experts in major yachting destinations such as the Caribbean, Fort Lauderdale and the Mediterranean.

We’re passionate about yachting and helping our clients by offering a full service and unrivalled support from start to finish – our commitment is defined as ‘One Company, One Complete Service’ with listings for a large selection of yacht brands such as Azimut, Benetti, Sunseeker and Princess Yachts, as well as departments dedicated to yacht charter, yacht management, yacht crew placement and crew training, to ensure we can cater for all of your yachting requirements.

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• Sterling yachts
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How Much Does a Boat Cost? (Price Chart)

Most people believe that the average boat price is astronomical, but it doesn’t have to be that way. Basically, the boat value depends on the type you choose, its model, brand, size, and location where you live. Interestingly, there is no simple answer to how much money to set aside for a vessel.

It can be any number between $500 to $10,000,000, and the price range is wide even in the same boat category. On the other hand, a holistic market analysis will show you that an average price is approximately $42,000 for a new and $10,000 for a used boat. Let’s take a closer look.

How Much Does a Boat Cost?

In most cases, you should set aside 30% to 50% less for a used boat than for the same but new one. Research shows that the average boat price is $42,000 for a brand new vessel and $10,000 for a used one.

A typical price for most common boats is actually under $20,000, making them more affordable than most people believe. In fact, it is cheaper than an average American vehicle!

The price you should pay will depend on several crucial things. Therefore, you can become a boat owner for only a few hundred dollars for a Jon boat or $10,000,000 for a luxury yacht . The price range significantly varies, even in the same vessel category.

Size and style

Here, things are simple. If you want a more sizable boat, you will need to pay more. Cost is higher for models with enclosed cockpits and will go up the bigger it is. You should consider an open-top boat if you are looking for a less expensive option.

As you can guess, purchasing a boat with a recognizable brand can be expensive, but its re-selling price will also be higher. Plus, a high-quality model will pay off in the long run.

New vs. used

As expected, a used boat will be less expensive than a new one, but it can be tricky and costly to customize it. Plus, you can experience expensive repairs when buying the vessel from an owner who neglected it.

On the other hand, you can often find an excellent model at an affordable price and stay satisfied for years. One of the best options is to look at one of the popular, user-friendly platforms like ZeBoats to find direct owner offers and purchase a boat without additional commission.

Season and location

Be aware that boat prices are always higher during the season when the demand is higher. For instance, the same cabin cruiser you can buy for $100,000 in the off-season will probably cost you $500,000 during peak season. Plus, buying a boat at luxury destinations is always more pricey.

Features and extras

You should be aware that the boat price is not the only expense you will have, and you should consider necessary accessories costs before purchasing. The most popular features include:

• Battery chargers
• Windlass anchors
• Power steering
• GPS position holding and autopilot
• Chartplotters
• Satellite weather tracking
• Stereo and AV systems
• Air conditioning

Finally, boat type is the crucial factor that affects the price. Remember that each vessel category has an expecting price range so that you can plan your budget according to it.

Average Boat Prices by Type

This small, rectangular vessel with a flat bottom is an ideal option for fishing and waterfowl hunting in streams, lakes, and channels. Most common models made of wood or aluminum are 8 to 18 feet (2.5 – 5.5 m) long.

The price will depend on the Jon boat type you want to buy. You should set aside approximately $1,000 to $3,000 for a simple boat. However, the price range starts from $500 for a used vessel to $5,000 for luxury models.

Fishing boat

The term fishing boat can mean numerous things, so it is tricky to determine its price precisely. This vessel has more open deck space and less seating space than most other boats. Their price will vary depending on the type and size.

• Small, 16 to 20 feet (5 – 6 m) long fishing boat

This range includes:

• Small center consoles
• Dual consoles

Their prices typically range from $10,000 to $50,000.

• Mid-sized, 20 to 25 feet (6 – 7.6 m) long fishing boat

This range includes fishing boats for offshore use. You can find various models and brands that will cost you $50,000 to $100,000.

• Large twin-engine, 25 to 30 feet (7.6 – 9 m) long fishing boat

It is an excellent boat for offshore fishing, but it can be pricey. An average model in this range will cost you $150,000 to $300,000. Considering that, most people choose used models instead of new ones.

You should set aside $3,000 to $60,000 for a used aluminum fishing boat if you choose this option. The price of an inshore model for use in ponds and lakes is approximately $25,000. On the other hand, a sizable offshore aluminum model will cost at least $100,000.

A used fiberglass fishing boat can cost you $10,000 to $80,000, depending on used hours, condition, make, and model. You can get an excellent used inshore fiberglass fishing boat for less than $30,000, while a big offshore fiberglass vessel can reach $150,000 or even more.

This boat is unique thanks to its two hulls that provide exceptional stability and a cabin between them. This spacious vessel is typically 40 to 45 feet (12 – 13.7 m) long, but some models can be over 150 feet (46 m) in length.

As you can guess, their price range is vast. While small models can cost you a modest $10,000, you can find a large one with a cabin at an average price of $600,000.

An average sailboat price will differ depending on the boat type you choose:

• Motor sailer
• Cruising boat
• Racing boat

You can pick out a less than 20 feet (6 m) long model to sizable, 80 to 100 feet (24.5 – 30.5 m) long vessels. Such a long sailboat can reach an astonishing $10,000,000.

The most common sailboat is 30 to 35 feet (9 – 10.5 m) long, and you can purchase one for $12,000 to $500,000. A used vessel will be more affordable, and you should set aside about the third to quarter of the new boat’s price. In that case, a decent sailboat will cost you at least $20,000.

Bowrider boat

These versatile, 17 to 35 feet (5 – 10.5 m) long vessels are ideal for cruising and fishing, ranging from $15,000 to $50,000. On the other hand, you can find a used model for a modest $7,000 to $25,000 if you prefer that way.

Some new luxury models can go from $100,000 to $250,000. However, the price won’t be higher than $80,000 for a used bowrider boat of that class.

Pontoon boat

When picking out this flat inland water boat, you should expect to pay $15,000 to $60,000, depending on its size. A used pontoon boat will be more affordable, particularly when buying off-season. Unless you want a large model, you can find a vessel in decent condition for less than $30,000.

A Bass boat is convenient for catching bass fish and leisure. Most standard models are 16 to 25 feet (5 – 7.6 m) long, and you can purchase one for $20,000 to $90,000. The price will depend on add-ons, primarily swivel chairs.

Plus, fiberglass models are more pricey than those made of aluminum. If you have a limited budget, you should look for a used Bass boat that will cost you $15,000 to $40,000 on average.

This boat is both a house and a vessel. Thanks to the spacious interior space, you can live inside comfortably for years or use it for cruising whenever you want.

You should pay at least $100,000 for a tiny houseboat, but some luxurious models can cost over a million. Sometimes, you can find an older model on the market and buy it for about $20,000.

The first airboat was made a century ago, but you can see one only in the deep southern regions, including Louisiana and Florida. People use this vessel to navigate the shallow swampy waters .

You can find models with and without enclosed center consoles on the market in a wide pricing range. The average cost is $30,000 to $100,000 for a brand new, typically custom-made boats boat. On the other hand, a used model will cost you $5,000 to $40,000.

These 20 to 30 feet (6 – 9 m) long vessels designed for racing will cost you at least $30,000, but you can buy a used model for about $20,000.

It is ideal for watersports but is also expensive. Besides the boat’s cost, you should pay for its pricey powerful engines. Therefore, you should count on $75,000, but high-performance models sometimes exceed one million dollars.

Cuddy cabin boat

The 18 to 28 feet (5.5 – 8.5 m) long Cuddy cabin boat with interior space to sleep typically costs $30,000 to $200,000. The price of a used vessel depends on the model, used hours, and condition. With a bit of effort, you can find an excellent boat for $10,000 to $100,000.

Trawlers are large, approximately 80 to 90 feet (24.5 – 27.5 m) long powerboats with efficient engines convenient for long-distance travel. You can purchase a smaller model for roughly $90,000, but larger ones cost at least $200,000.

Cabin cruiser boat

Cabin cruiser boats have an enclosed cabin with a kitchenette, bathroom , and sleeping area. An average of 25 to 45 feet (7.6 – 13.7 m) long model will cost $100,000 to $500,000.

However, you can find a second-hand boat for $20,000 to $300,000, depending on its size and brand . This vessel is an ideal option if you enjoy cruising with your family .

This high-end luxury boat has high maintenance costs and requires a crew. In most cases, you should set aside $500,000 to $35,000,000 for an average 30 to 100+ feet (9 – 30.5 m) yacht .

Interestingly, a used model won’t be much cheaper and typically costs $300,000 to $10,000,000. Basically, you should pay such an enormous sum of money for a second-hand vessel. Weird, right?

Nowadays, you have a wide variety of boat types, sizes, and styles, making it challenging to estimate a precise price range. You can buy a used boat for a few hundred dollars, while a super luxury yacht costs millions. Therefore, you should start research by defining the desired boat category. Then, you can start calculating.

Related posts:

• How To Choose Sailboat Autopilot? (Types & Components)
• 8 Tips to Buy a Boat Like PRO
• How Much Does It Cost to Wrap a Boat? (Price Chart)
• 12 Best Boat Maintenance Tips

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I want to know about effect of Nautical Miles on Used Boat Price . What will be the price difference between same boat of one’s nautical miles is 5600 and others is 2800?

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How much does parking lot striping cost?

$4 – $5 average cost per parking stall, $500 – $1,200 average total cost for medium-sized lot (30 – 50 stalls).

Parking lot striping cost

The average cost to stripe a parking lot is $500 to $1,200 for a medium-sized lot with 30 to 50 parking stalls, including directional arrows, crosswalks, and other features. Parking lot striping costs depend on the number of spaces, layout, line width, other symbols and features needed, and whether you’re restriping or painting new lines.

Most parking lot striping companies include a mobilization fee of $150 to $350 in their total estimate to cover their overhead and travel costs.

Parking lot striping paint cost factors

Most parking lot striping companies base their estimates on the number of lines and symbols that they paint or the total linear feet of the lines instead of the lot's square footage. However, the lot size and these other factors impact the total cost:

Parking lot size & layout: Painting a larger lot requires more materials and labor, leading to higher costs. Additionally, lots with angled parking stalls cost more to stripe because the lines for each stall are longer.

Parking stall size & type: Painting handicapped or accessible parking stalls cost more than standard stalls because they're larger and require additional painted border lines, symbols, and accessible aisles.

Line width: Parking stall lines range from 4" to 6" thick . Many companies charge extra for anything thicker than the standard 4".

Additional features: Total costs also depend on the number of extra features like directional arrows, crosswalks, fire lanes, stenciled letters, and electrical vehicle (EV) parking.

New paint job vs. re-stripe: Painting a new layout costs 20% to 50% more than re-striping existing lines.

Consider refreshing the paint on your office building or shop at the same time you get the parking lot striped. Commercial painting costs $2 to $6 per square foot of paintable surface area.

Parking lot striping FAQs

What is parking lot striping.

Parking lot striping involves the application of bright, durable paint to mark parking stalls, directional arrows, and other symbols on the pavement. These markings improve traffic flow, safety, and accessibility within the parking area.

How long does it take to stripe a parking lot?

Striping a parking lot takes a few hours to a full day for a small or medium-sized lot but can take several days for a larger one, especially when painting a new layout that requires planning. Repainting an existing layout takes 30 minutes to a few hours, depending on the lot size.

If the striping project will take more than one day, consider closing only half the parking lot at a time to ensure your business can remain operational during the project.

How long does parking lot paint take to dry?

Parking lot paint takes a few hours to a full day to dry and cure, depending on weather conditions and the type of paint used. Many striping paints dry within an hour and completely cure within about four hours in temperate weather.

How long does parking lot striping last?

A well-maintained striping job can last 2 to 5 years before requiring a fresh coat. However, weather exposure, traffic volume, and paint quality impact the longevity.

Getting estimates from parking lot striping companies

The parking lot striping industry is notoriously filled with inexperienced contractors who purchase a striping machine and launch a business without proper training. Follow these tips to ensure you hire a reputable, experienced parking lot striping company near you :

Get quotes from at least 3 companies that specialize in striping asphalt parking lots.

Read reviews from past customers on HomeGuide and Google.

Choose a licensed and insured company that has been striping parking lots for at least 5 years.

For projects involving a new parking lot or new layout, confirm the quote includes planning the layout.

Request a written estimate detailing the striping layout, paint, and other materials being used, labor hours, and timeline.

Don't pay in full until the job is completed to your satisfaction.

Questions to ask parking lot striping contractors

Ask these important questions before hiring a parking lot striping pro:

How long have you been in the parking lot striping business?

How many parking lots have you striped in the past year?

Does the estimate include planning the lot's layout?

How long will it take to stripe this parking lot?

How long will it take for the paint to fully dry and cure?

What warranties do you offer?

How long should the striping last before the lot needs repainting?

Using our proprietary cost database, in-depth research, and collaboration with industry experts, we deliver accurate, up-to-date pricing and insights you can trust, every time.

How Much Does Tree Removal Cost? Size, Type, Permits, and More

T ree removal is sometimes necessary to clear a property for building or to improve sightlines or to add natural light. Hazard trees may need to be removed to protect safety and property.

While you can remove some small trees by yourself, tree removal is a complicated, potentially dangerous project that's best left in the hands of an experienced tree maintenance crew.

Tree removal costs an average of $875 per tree. The cost of tree removal starts at around $295 and ranges up to $1,455.

Cost By Size

Tree removal costs increase with the height of the tree. Taller trees are more expensive to remove on a linear-foot basis. That's because increasingly expensive tools and services like cranes, power shut-off service, or traffic management may be required for taller trees.

Small Trees: 10 to 20 Feet

The cost to remove a small tree starts at $135 and ranges up to $405, for an average cost of $270.

Small trees can be removed by the homeowner. Small trees can be pared down to a more manageable size with a pole trimmer or a hand saw before being cut down. 

Types of small trees:

• Dawn redwoods
• Harlequin gloryblowers
• Japanese maples

Medium Trees: 20 to 30 Feet

The average cost to remove a medium-size tree is $335. The price range to remove a medium size tree is between $215 and $450. Medium-size trees can be up to around 30 feet tall.

Types of medium-size trees:

• Crepe myrtles
• Paper birches

Large Trees: 30 to 50 Feet

Removing a large tree costs about $690. The cost to remove a large tree may start as low as $475 and range up to a high of $900.

Large trees are up to 50 feet tall. Harnessed climbing workers may need to access the tree to trim away problem branches before the tree is cut down. A crane may be needed.

Type of large trees:

Extra-Large Trees: 50 Feet or More

The cost to remove an extra-large tree is an average of about $1,335. The price range to cut down an extra-large tree is from $960 to $1,705.

Removing extra-large trees requires extra tools and services.

Types of extra-large trees:

• Cottonwoods
• Weeping trees
• Weeping willows

Cost By Type of Tree (Species)

The cost of removing a tree by its type, or species, often goes hand-in-hand with size. Some trees like Japanese maples rarely exceed 20 to 30 feet. Black haw, deciduous holly, downy serviceberry, hawthorn, and dogwoods all remain below 30 feet, as well.

Evergreen trees like bald cypress, eastern white pine, red pine, and shortleaf pine all have the potential of reaching 60 feet or taller.

Tree Removal Permits

Permits for tree removal start at around $50 per tree and can range up to $600 to $800. Most tree removal permits cost around $200.

Municipalities will often fast-track permits to remove dead or hazard trees or they may allow you to remove the tree first and then apply for the permit retroactively.

Arborist Reports

An arborist's report on a tree can cost from $450 to $950. An arborist can issue an opinion on whether a tree should or should not be removed.

Look for an ISA (International Society of Arboriculture) Certified Arborist, a person who is trained and knowledgeable in arboriculture, takes continuing education classes, and adheres to the ISA Code of Ethics.

Dead or Hazard Tree

Removing a dead or hazard tree costs from $140 to $1,200, for an average cost of $670.

A dead or hazard tree is a tree that is completely or mostly dead and poses a danger to people and nearby structures. These trees should be removed. 

A tree maintenance crew cannot climb a dead tree to reduce the height of the tree. Dead trees cannot be used as firewood, but they can be chipped. 

Emergency Tree Removal

Emergency tree removal costs an average of $2,990 per tree, ranging from a low of $1,475 to a high of $4,500.

Emergency tree removal is a tree removal service that arrives usually within hours to remove fallen trees from homes, cars, fences, yards, and other private property.

Wood Chipping

Wood chipping after tree removal costs an average of $145 per hour, ranging from $75 to $215.

Tree removal produces a considerable amount of debris. You can always opt to leave the branches and logs in place, but removal is difficult for all but the smallest trees.

Chipping the wood in a professional-level chipper-shredder reduces the tree to small, dense piles of large wood chips that you can use to mulch around trees or in beds.

Grind or Remove Tree Stump

Tree stump grinding costs an average of $290. Smaller tree stumps may cost as little as $150 to grind down, while larger stumps can cost up to $425. Tree stump removal costs roughly the same as tree stump grinding.

A stump grinder's rotating circular blade shreds a tree stump until it is about four to eight inches below ground level. The cavity can be filled in with soil.

Stump removal uses chemical or mechanical methods to hollow out most of the stump. Generally, stump removal does not include removing the root system.

Crane Rental

Cranes can add from $875 to $1,040 to the tree removal cost, or an average of $1,200.

Cranes may be needed for tall trees or trees located in tight spaces. With some trees, removal is done from the top down. A worker on a crane starts at the top and then progressively cuts the tree down to ground level.

Traffic Management

Traffic management costs an average of $200 per hour, for a range of $175 to $225 per hour.

When private tree removal work infringes on public roadways, most communities require that traffic be diverted or otherwise kept clear of the tree removal project.

The tree maintenance company may have staff on hand to manage the traffic (at extra cost) or a traffic management company may need to be contracted for the job.

DIY Tree Removal vs. Professional Removal

You can cut down a tree safely as long as it is small enough and you observe all safely precautions. Trees with a trunk of about two inches in diameter or less and around eight to 12 feet high should be safe to cut by yourself. You can cut larger trees, but the danger exponentially increases with the size of the tree.

In most cases, it's best to hire a tree maintenance company to remove the tree. Trees might look simple to fell, but they can drop in unpredictable directions. If you misjudge the tree's height, it might hit a power line, fence, or a building. 

Tree Removal Safety

• Wear safety gear
• Learn how to use the chainsaw
• Sharpen the chainsaw
• Create a large tree-felling area
• Control the tree's fall with a wedge

7 Ways to Save on Tree Removal Costs

Tree removal is expensive. So, it's worthwhile to explore tips for saving on the cost of tree removal—from avoiding tree removal altogether to taking on some of the work yourself.

• Maintain the tree : Keep the tree healthy in the first place to avoid the need to cut down the tree due to poor condition.
• Trim, don't remove : Trim, thin, or top the tree to reduce the sail effect, provide more light to the home, or reduce the chance of the tree toppling.
• Consult an arborist : Hire a qualified arborist for an expert opinion on tree removal.
• Call the city or power company : Trees on or near the property line might actually be on municipal property, so it's the responsibility of the power company or city to remove it, not you.
• Check with your insurer : Speak to your homeowner's insurance company about trees that have toppled and caused damage to insured structures—insurance may pay for this.
• Clean up the job yourself : Save on the cost of mulching or disposing of the debris by doing it yourself.
• Use or sell the wood : The best firewood comes from hardwoods like hickory, red oak, maple, or ash. So, if your trees produce high-quality firewood, sell it or season it for your own use.

Frequently Asked Questions

Do I need a permit to cut down a tree in my backyard?

You may need a permit to cut down a tree in your backyard, subject to the size of the tree, the tree's location, and your local laws. Often, trees that have trunks greater than a certain diameter (for example, four or six inches) may need a permit for removal. If the tree is protected or in a critical area (an easement, wetland, landslide area, etc.), a permit most likely will be required. Each area has its own approach to timber law, so first consult an attorney in your area.

Can I cut tree branches overhanging on my property?

In most areas of the U.S., you can legally cut tree branches overhanging your property, unless cutting the tree branches harms the tree. You cannot enter the neighbor's property without permission, as that would be trespassing. Laws in your area may be different, so first seek legal advice from a licensed attorney before cutting overhanging tree branches.

How close to my neighbor's boundary can I plant a tree?

Generally, you can legally plant a tree up to, but not on, the boundary between your yard and your neighbor's yard. However, planting a tree so close to the boundary line will create problems over time with overhanging limbs and encroaching root systems. So, it's best to plant the tree at least three or four feet away from your neighbor's boundary. Property laws vary, so be sure to seek legal advice in your area.

Read Next: How Much Does Landscaping Cost?

Read the original article on The Spruce .