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Old 07 February 2016, 04:17   #1
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Debbie Downer

At the risk of getting torn to shreds and assuming this forum is not read by the "those who control the purse strings" I just wondered how much people pay for their boating fun.

Only comes around as I was working out the costs incurred by the previous owner of my boat.

It's a 2012 and I know how much he paid for it, I know how much I paid him for it, so taking the true cost of depreciation, the berthing fees, insurance and petrol...I worked out that they paid 500 per hour for it's 90 hours of use.

So 500 an hour to piddle around in a 23' boat seems like a lot to me. I was thinking that an annual 2 week med cruise with 4 strippers would have been cheaper.
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Old 07 February 2016, 04:34   #2
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The first rule of boating is you never do that calculation!
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Old 07 February 2016, 05:07   #3
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Ah but the beauty of working it out per hour means that, as your standing charges don't change, the more you use it the lower the hourly costs.

You can now explain to your purse string holder that you are only going out on the boat more often to help save money.

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Old 07 February 2016, 07:02   #4
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Memories are priceless spend it and forget the cash you can always earn more 👍
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Old 07 February 2016, 07:03   #5
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Memories are priceless spend it and forget the cash you can always earn more 👍
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Old 07 February 2016, 07:46   #6
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and you are ignoring all the hours of fun when the engine wasn't running!
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Old 07 February 2016, 08:28   #7
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Quote:
Originally Posted by Poly View Post
The first rule of boating is you never do that calculation!
The second rule of boating, is once you've done the calculation, destroy the paper, pencil, calculator and anything else you used to reach the figure. On the plus side, petrol is around 1 a litre. It's enough to make you embrace a 2-stroke!
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Old 07 February 2016, 09:52   #8
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Bring On Another Thousend (in brief BOAT)

I do believe that UK have many regulation, taxes, fees for company who want to rent boats. If I make such business I will keep one boat for service and help a few employees, rent a part of marina ....

After the season you can rent RIB in Greece for 150 EUR PER DAY (plus petrol)
Pricelist - Rent a rib

And September is fantastic in Greece (warm but not too hot, warm Sea, not many tourists).

Cheap fly to Athens and weekend on boat can be cheaper than this one mentioned by you
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Old 07 February 2016, 10:39   #9
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I have more like $7.00/hour into my inflatable, maybe $8.00. I bought a Zodiac Futura MKII new in 1999. I also bought a new 25 HP Mercury Bigfoot 4S, a mini console, and a galvanized trailer. The original purchase was a bit less than $10,000. Last year I replaced the hull with a Bombard C4 for $3,800. I spent $500 on a motor repair once. I spend around 150 hours per year in my boat. I have probably put around $5,000 worth of gas in it over the years. No insurance, and registration is about $50 every two years.

My father-in-law, on the other hand, is probably closer to $500/hour - probably over!
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Old 07 February 2016, 13:22   #10
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I was surveying a 10 year old Oyster 62 before Christmas. The American owner, who was selling due to advancing years delighted in telling me how much the boat had cost him.
Bought for $2M 10 years ago. Selling to my customer for $1M.
Average spend on maintenance and crew $200k/yr.

That's $821 for every day he's owned it!
I bet they didn't tell him that at the boat show.

Makes the 200/month paid in to the RIB fund seem very good value!
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