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Old 29 September 2006, 11:28   #1
J S
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Costs Survey

Out of general interest and a chat me and my dad were having about upgrading to a bigger boat. Apart from the initial cost of the boat how much do people spend on other stuff throughout the year.

1.) Mooring Costs
2.) Fuel Costs
3.) General boating accesories bought
4.) Any other costs

Thanks

James
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Old 29 September 2006, 12:29   #2
pop
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10-15% of the boats value in maintance

insurance

and remember the depreciation on your investment

radio licenses ect ect
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Old 29 September 2006, 12:37   #3
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Quote:
Originally Posted by pop
10-15% of the boats value in maintance
Fek Pop, that's a lot of oil and filters!
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Old 29 September 2006, 13:06   #4
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thats all licenses, insurance, running costs, tubes, upholestry, engine, electronics i think its about right. if you place 10-15% of your boats value by each year when the big things come like new engines tubes etc you have allowed for it. why what do you think is right i have run this principle on ribs to yachts of upto 150ft and it seems to work
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Old 29 September 2006, 13:09   #5
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Hmm, interesting formula, which I would have to agree with, marina, fuel and insurance being the 3 biggest bills (I hope)

Pete
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Old 29 September 2006, 13:21   #6
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fuel and marina are the biggest in the uk, i should compare when i am in NZ but mooring is an 7th of the price. think of all the bits and bobs you get during the year £50 here £50 there it all adds up, i bet i am spot on and the one everyone forgets to add is the depreciation on your investment, if you are good at buying and selling you should be abel to have what i call free boating.

rib say £20,000 10% is £2,000 which does not even cover the mooring fees
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Old 30 September 2006, 01:27   #7
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Quote:
Originally Posted by J S
Out of general interest and a chat me and my dad were having about upgrading to a bigger boat. Apart from the initial cost of the boat how much do people spend on other stuff throughout the year.

1.) Mooring Costs
2.) Fuel Costs
3.) General boating accesories bought
4.) Any other costs

Thanks

James
How big and how new?

I go through £100 every time it goes in the water-that's fuel for car + boat, slipway fees etc. God knows how much I spend on odds and bits but it's way too much Every time I go in a chandlers I relieve myself of at least £50. I'm kinda lucky the nearest proper chandlers is an hours drive away
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Old 30 September 2006, 13:56   #8
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£600 to £850 per m per year noramal user i always think is a fair asumption
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