cost of 30 ft yacht

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Costs of food provisions will vary dependent upon how eloborate food Preferenaces are

Location will play huge factor in food provisons and thing may have to be folws into remorte locations.

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: 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 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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The Navetta 30 is the new superyacht in the Custom Line displacement range that marries comfort and safety with personalisation and seaworthiness. Her groundbreaking design bristles with the explosive energy of a true masterpiece, based on a paradigm that defines the state of the art on a quest for absolute wellbeing for owner and guests. At 28.43 m long and 7.3 m in the beam, the Navetta 30 is ambitious in size but rides the waves with a gossamer elegance that speaks eloquently of liberty and grace.

Beyond the line. the new dimension of design

The Navetta 30 goes beyond the line to describe an entirely new one: crisp, strong, a watershed, a line of no return. A living work of art that defies trends, confounds expectations and lays down a whole new language of design, a torchbearer for future generations of yachts. Classic lines meet contemporary art in an endless harmony of fluidity and poise. 28.43 m overall length | 7.31 m maximum beam

The names behind the design

Conceived in a collaboration between Ferretti Group’s Product Strategy and Engineering teams, the Navetta 30 is a displacement yacht of exceptional pedigree. She is the first Custom Line creation with external design by architect Filippo Salvetti and interior styling by architecture studio Antonio Citterio Patricia Viel.

Bursting into the blue

In the exterior design, the generous volumes balance beautifully with the exciting originality of the flowing, elegant lines. Their emphatic horizontal development lends the profile a decisive dynamic élan while maintaining the timeless classic feel. The hull lines extend this vigour to the bow, assuring enviable performance with enhanced fuel-efficiency. And the joints with the upper deck have been raised to add verve to the volumes and separate the bottom and superstructure into two distinct parts, united in an unmistakable harmony of design.

Space for the spirit

The Navetta 30’s wide-body configuration offers 3 decks – a major achievement for a yacht in this segment. This masterpiece of nautical art vaunts a spirit that is eager for the sea and generous external spaces that provide a haven for relaxation, contemplation and convivial good times. With large windows in the hull, over 2 metres of deck headroom and ample areas at both stern and bow, the Navetta 30 embraces the horizon with a panoramic open vista stretching in all directions. The main deck and the lower deck with the VIP cabins become spaces for savouring the sensation of it all, immersed in the allure of the blue. The upper-deck lunch area is a paean to sociable living, as is the glorious large sundeck that opens up to the endless sky.

Amenity and aesthetics in perfect harmony

The interiors have been designed to play off the lines of the hull. The style innovations aboard the Navetta 30 include the ingenious accommodation solutions, allowing the interior and exterior to be experienced like complementary layouts that flow together in a coherent, well-structured continuum. Everything is designed to maximise the usable space and make the areas as amenity-rich as possible.

Style, revived

The interior style provides a fresh, modern take on the traditional nautical archetypes. Here too, the classical signature remains in the curved lines, the window frames and the use of teak but with a novel contemporary twist. The aesthetic becomes dynamic, with new carbon details, sophisticated lacquering, striped fabrics in ultramarine, and customised textures with quartz powder coatings on fibreglass. It all contributes to a sporty-chic feel infused with the harmonious elegance of a great classic.

Exclusive furnishings

The furnishing solutions – exclusive to this yacht – are an integral part of her aesthetic style. They were tailor-made from natural leather and solid or multi-layer wood using sophisticated artisanal techniques. There is a choice of two moods: textured, for a fresher, more youthful flavour, and wooden, with a sharper, more classic feel where wood takes centre stage again.

Art and technology

Innovation is the defining theme on board the Navetta 30. The entire design is rated category CE, class A, with low consumption and best-in-segment performance. But technology is also about cruising pleasure: the Navetta 30 features stabilising fins and optional seakeepers for consummate comfort while at anchor. The unrivalled soundproofing has been achieved through mathematical analysis to measure every source of sound and the use of a floating floor to reduce engine noise and soften the footsteps in the guest areas.

Technical Specifications

Unladen displacement, laden displacement, people on board, transmission, cruise speed, economic cruising speed, range at economic cruising speed, crew cabins, bathrooms in crew quarter.

Custom Line Navetta 30

Custom line range.

Planing Line

Custom Line 140'

Custom Line 125' Project

Custom Line 120'

Custom Line 106'

Navetta Line

Custom Line Navetta 42

Custom Line Navetta 38 New

Custom Line Navetta 33

Aluminium Alloy

Custom Line 50 Project

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Average Boat Prices: 15 Types Explained (With Examples)

All boats are different, so average boat prices can be hard to define. I’ll do my best to demonstrate all of your options and the prices associated with them!

The number of different boat categories seems to be never-ending, and the differences between different categories can often be very subtle.

Here are some of the larger categories that you’re likely to encounter when searching for a boat:

Table of Contents

Average Price Ranges On Common Boat Types

Before we dive into how much each type of boat typically cost, we want you to have a good overview.

Here is the price range for the most common boat types:

Airboats have been around for almost 100 years now, but there is a good chance you’ve never actually seen one in person.  This is because these boats are most popular in the deep southern parts of the country.

These boats are perfect for navigating the shallow swampy waters that you’ll find in places like Florida and Louisiana.  The reason for this is that they do not have a submerged motor.

These boats propel themselves by using a large fan that is built into the back of the boat. 

The bottom of the boat is flat, and the lack of a motor in conjunction with this flat bottom makes it easy for boaters to navigate in extremely shallow depths.

Airboats range in size, and you can even buy them with enclosed center consoles and comfortable captain’s chairs.

Size, comfort, and build quality will dictate prices but expect to pay anywhere from $30,000.00 to $100,000.00 for a brand new one.

This might seem expensive, but there is a reason for this.

These boats aren’t generally mass-produced, so if you decide to buy a new airboat, you’ll probably end up getting a custom-made boat.

Also, these boats’ hulls have to be able to withstand the impact of hitting rocks and logs, so they need to be strong, which can drive the costs up.  If you are interested in an airboat, try some out first.  They are often very loud.

Bow Rider Boats

Bowrider boats are versatile crafts that can be used for day cruising, fishing, crabbing, and even watersports.

These boats have driving areas set up like a motor vehicle with a driver’s seat on one side and a passenger seat.

There is a pathway to the front of the boat in between these seats, where there is usually an empty platform or a recessed seating area.  This area is a great passenger area when cruising and makes a great area for casting a fishing line.

My parents owned a few different boats when I was growing up, and I can say without a doubt that the bowrider they owned was the most comfortable of them all.  Everyone had their own seating area, and it was easy to get around the boat without tripping over each other.

The back of the boat may also have a couple of seats or a bench seat as well.  This makes even small bowrider boats great for taking passengers out.  You may even find a small deck at the back, which makes water sports easier to do.

Bowrider boats will vary in size, engine size, and luxury.

A person looking for a smaller bowrider can buy one for less than $15,000.00. Larger bowrider boats can easily sell for more than $40,000.00, so a safe price range to consider when buying a bowrider is about $15,000.00 to $50,000.00.

Cabin Cruiser Boats

Cabin cruiser boats are a half boat, half RV.

I say this because the front half of the boat is an enclosed cabin that usually features a bathroom, a kitchenette, a dining area, and a place to sleep.

These boats are large enough that a couple or family can easily spend a long weekend in one.  However, many of these boats are also small enough to be put on a trailer and stored at home.  This makes them versatile boats for vacationers who don’t necessarily live on the water year-round.

People looking for a live-aboard boat can go a little larger and get one with all of the home’s amenities. Hookup to shore power, and they’ll even have air conditioning.

A cabin cruiser also has an area behind the cockpit that is open to the outdoors.  This makes a great area for lounging in the sun or for fishing and crabbing.

Fishing and crabbing aren’t just restricted to the back either.  There will be a side deck that can be used to walk around to the boat’s bow.  The bow will be flat, and it will have a railing around it to protect passengers from falling off.

Because the size and amenities of this boat vary so wildly, the prices can vary wildly as well.

A cabin cruiser will generally range anywhere from $100,000.00 to $500,000.00.  Below $100,000, and you’re probably looking at a cuddy cabin and above $500,000.00, and you’re probably looking at a yacht or trawler.

Canal Boats

Canal boats can also be known as narrowboats. You’ll find them in the old canal towns of the United States, but they’re much more popular in Europe than they are in the states.

These boats are only around seven feet wide, but they are usually quite long and big enough to live in easily.

According to Wikipedia, you can access every canal within the British canal network with a canal boat that is as long as 57 feet long.

A canal boat is often made of steel, which gives it excellent durability and longevity.  The downside to this is that it can be expensive to make a canal boat.  Not only do you have to create a strong steel hull, but you also have to create living quarters inside the boat.

Additionally, a canal boat has a powerful diesel engine that can also drive canal boat prices up.

Prices generally start over $100,000.00, but you can buy them as basic shells for around $50,000.00. 

The shell will give you a hull ready to be painted, outfitted with an engine, and custom-built inside.

People looking for a DIY approach to their canal boat might want to go this route as they’ll get a safe hull built by professionals but will still be able to design the interior layout themselves.

They’ll also cut the price in half, which is a substantial saving in a boat this expensive.

A catamaran distinguishes itself from other boats by having two hulls.  These hulls sit parallel to each other and work to provide a lot of stability to the boat.

Between the hulls, you’ll find a cabin.

In fact, if you’re on a larger catamaran, you’ll find a cabin between the hulls as well as cabins within the hulls themselves. 

This makes larger catamarans a spacious option for seagoing boat owners.

Catamarans can be sailing catamarans, or they can be powered catamarans.  While the sailing versions aren’t as nimble as a traditional sailboat, they provide more stability while cruising and while at anchor.  For this reason, people who suffer from seasickness and people who are just looking for a more pleasant experience out on the water might opt for a catamaran over a more traditional monohull sailboat.

With two hulls and a deck, the average catamaran will be much wider than the average sailboat.  It can also be quite long as well.

Some catamarans on the market today have lengths of well over 150 feet.

Because of their large sizes and multi-hulled designs, you can expect to pay a lot for the average catamaran.  Used models from the 1980s can sell for over six figures, and newer models will usually start at over half a million dollars.

In fact, the average price of a catamaran at a dealer is $600,000.00.

If you’re seeing newer catamarans selling for less than this, then you’re probably looking at the smaller sailing versions that do not have cabins in the middle.

These boats are great for recreational purposes but are not viable for living aboard.  Small sailing catamarans typically found at a beach or lake will often sell for less than $10,000.00.

Cuddy Cabin Boats

Cuddy cabin boats offer day cruisers an interior space to sleep at night.

These boats are often built like bowrider boats in the center and rear of the boat, but the front holds a cabin rather than a sitting area.

Smaller cuddy cabins will consist of a bed only inside the cabin, and larger ones will hold a sleeping area, a dining area, and even a bathroom.  A major upside to this type of boat is that it is small enough and light enough to be trailered.

In fact, the average size of a cuddy cabin is between 18 and 28 feet long.  Anything larger, and you’re probably dealing with a cabin cruiser rather than a cuddy cabin.

The prices on cuddy cabins can still be quite higher than the prices on bowrider boats.  This is especially true, considering some cuddy cabins only differentiate themselves from bowriders by providing a small space to crawl into to sleep at night.

I’ve seen small cuddy cabins sell for $50,000.00 while a bowrider of similar size was selling for $25,000.00. 

At the top end, I’ve seen cuddy cabins selling for several hundred thousand dollars.  These cuddy cabins had multiple outboard motors, and they were large enough and deep enough that you could take them into coastal areas for the night.

Deck boats are small and versatile crafts that are perfect for calm waters.

You can find people on lakes, rivers, and bays using their deck boats for watersports, fishing, crabbing, and cruising.

What makes these boats so versatile is that they have much more deck space than the average cruising boat. 

These boats usually have a raised front deck at the bow, making them great for standing on and casting from.  It also makes it easy to pull up a crab net as the boater doesn’t have to worry about pulling the basket up, over, and down like they would have to if the deck were not flat.

The back of a deck boat also benefits from a flat area that can be used for launching people with water skis, kneeboards, and floats. I’ve been pulled by these boats in the past and always found them easy to get in and out of.

The only drawback for me was that I didn’t feel safe climbing in and out near those who had outboard motors on them. 

Of course, the driver turned off the motor, but even still, I think deck boats with inboard motors are a bit safer for people doing water sports.

Deck boats are more economical than many of the other types of boats we’ve discussed so far.  Two reasons for this are their small size and their hull designs.  Since these boats weren’t meant for seafaring, they do not have very deep hulls and are thus less expensive to build.

If you’re in the market for a deck boat, expect to pay somewhere between $20,000.00 to $50,000.00 on average.

Fishing Boats

The term fishing boat can mean a lot of different things to a lot of different people.

For instance, a bass fisherman might consider their flat decked bass boat to be their fishing boat, while a commercial fisherman might consider their large trawler to be their fishing boat.

For this example, we’ll be talking about small and mid-size center-console boats used in rivers, lakes, channels, and the coast. 

These boats are what the average weekend fisherman might buy to use in a wide variety of locations during different fishing seasons throughout the year.

A center console boat has the steering column built into the center of the boat. This leaves the rest of the boat open for walking. 

The design is great for fishing because multiple poles can be set up all around the boat, so one or two fishermen can easily get to any pole that they see has movement on it.

Typically, at the back of the boat, you’ll find a few built-in seats.

These seats are designed unobtrusively so that they do not get in the way of fishing. The hull designs of these boats will vary based on their size and their intended use.

Center console boats built for rougher waters will have deeper V hulls, while boats meant mainly for use in still waters will have a flatter bottom.

The downside to a center console boat is that you don’t have much protection from the elements like a cuddy cabin or cabin cruiser.  Also, these boats really aren’t meant for watersports.  If that is your intended use, you’d be better off buying a deck boat or bowrider boat.

Smaller center console fishing boats can sell for less than $25,000.00, while larger ones will sell closer to $100,000.00. 

Go even larger, and you could pay hundreds of thousands of dollars, but in this case, you’ll probably have a cabin inside, which moves outside of the definition of a fishing boat that we outlined here.

House Boats

A houseboat is exactly what it sounds like.

These boats are built for people to live in for extended periods of time.  The boat itself often has much more interior space than exterior space, and some boats will sit in docks for years without ever leaving the harbor.

In fact, I’ve seen many used houseboats for sale that are sitting in docks without running engines on them.

According to the owners, they’ve been using the boat as if it were a floating condo that they enjoy each weekend.

These boats will often offer much more square footage than a condo, and you can easily find them in lengths well above 50 feet.

However, you won’t find too many smaller houseboats, and you’ll be hard-pressed to find ones that can be moved on a trailer.

This isn’t to say that houseboats aren’t seaworthy.

Houseboats can be built to withstand choppier waters, and some people even use them to go cruising on the coast.

These boats will often have interiors that look similar to what you’d find in a home. They’ll have residential fridges and full-size ovens, and they won’t lack for anything.

Of course, all of this luxury comes at a cost, and you won’t find too many people that can buy a houseboat on a whim.

A tiny houseboat incapable of going into rough waters will still cost over $100,000.00, and a large houseboat can be a multi-million dollar expenditure.

Luckily, these boats are usually around for a while, and you can buy them at attainable prices on the used market.  Some older models may sell for less than $20,000.00.

Jon boats are on the opposite spectrum of the boating world.  A Jon boat is a small rectangular boat that is easy to launch in and out of lakes, streams, and channels.

People use these boats for fishing and waterfowl hunting.  In fact, the name Jon boat is often interchangeable with a duck boat.

Jon boats are usually made of aluminum, but some enthusiasts will make them out of wood instead.  These boats can have gas-powered engines, but oftentimes they’ll take advantage of small electric motors instead.

A Jon boat can be as tiny as 8 feet long and as long as 18 feet long.  Longer ones may have consoles built into them, but for the most part, the driver will steer the motor from the back.

These boats are easy to gain ownership over as you can buy many different models for less than $1,000.00.  Also, if you have a pickup truck or a sturdy roof rack, you may not even need to buy a trailer to tow your Jon boat.

Even on the upper end, you’ll probably pay less than $3,000.00 on the boat and about the same for the engine and trailer. 

Pontoon Boats

Pontoon boats consist of a deck that sits atop a set of pontoons.  In most cases, the larger and heavier the boat, the more pontoons you’ll have underneath the deck.

These boats are fantastic for day cruising in calm water.

People living near large lakes and rivers will often turn to pontoon boats.

The deck of these boats makes them perfect for jumping in and out of, so they make perfect swimming platforms.  In fact, every time I’ve been on a pontoon boat, I’ve ended up in the water at some point.  Jumping in the water becomes too hard to resist when you’re on a pontoon boat for any length of time.

These boats also make great little party boats as their flat deck makes them spacious, and many of the boats actually have grills built right into them.

When buying a boat like this, expect to pay between $15,000.00 to $50,000.00 depending on the size you buy and the number of amenities the boat has to offer.

Sailboats have been around for thousands of years, and we’re all at least a little familiar with how they work.  These boats can range in size and can have large cabins or none at all.

BoatUs.com does a nice job categorizing the different types of sailboats that you can buy.  They break them up into:

• Cruising boats
• Motor sailers
• Racing boats

You could probably break these categories out even further, but this is a good place to start.

Daysailers are smaller sailboats than bowriders and cuddy cabins, while cruising sailboats can range from less than 20 feet long to very big.

Motor sailers can be compared to cabin cruisers, yachts, and trawlers while racing sailboats can be compared to speed boats.

Prices for each of these boats come in a wide variety, and you could expect to pay as little as $12,000.00 to well over a million depending on the type of boat you decide to go with.

Speed Boats

Speed boats are designed for racing along the water.

They usually have long and narrow hulls with large outboard engines on the back.  In many cases, you’ll see multiple outboard motors strapped to the stern of the boat.

In other cases, the motor is a built-in inboard motor.

A speed boat has many expenses associated with it.  The boat itself is expensive, the engines used to power the boat is expensive, and the cost of insurance on a speed boat is expensive.

Also, these boats can’t just be used anywhere.

You’ll need to find a place without no-wake zones and a lot of open water to operate a speed boat safely.

A smaller speed boat can be had for around $75,000.00, while high-performance speed boats can go over the million-dollar mark.  If you’re looking into getting a speed boat for some fun out on the water, you can get a small used speed boat for much less money.

This is because speed boats tend to depreciate even quicker than other types of boats.

Trawlers are large powerboats that share many similarities with cabin cruisers.

These vessels have powerful and efficient engines that make them great for long-distance travel.

In fact, trawlers are the go-to ships for people looking to travel the Great Loop.

A trawler is small enough to be used for day cruising but large enough that you could easily live in it for extended periods of time.  In fact, many full-time RVers eventually make the transition from RVing to boating by purchasing a large trawler.

They get about the same length that they would get from a class A or class C motorhome but gain a lot more width.

Smaller trawlers can be purchased at around the $90,000.00 range, while larger trawlers will cost several hundred thousand dollars.

The difference usually comes in size and amenities.

At first glance, a fancy trawler might seem very similar to a yacht.   The differences come in the sizes, hull designs, and engine designs.

A yacht has multiple engines and a faster (but less fuel-efficient) hull.

This makes the cost of ownership more expensive for a yacht than a trawler.

At the low end, a yacht might cost as little like a high-end trawler, while a yacht might cost several million dollars on the high end.

Also, an enormous yacht might require a huge crew.

If you’re in the market for a yacht, you’ll probably want to take a look at the ongoing cost and inconvenience of hiring a crew.

The above discussion is a summary of different boat types, as well as their associated prices.

As you can see, the wide variety of boat styles, sizes, and types makes it difficult to give a blanket price on boats, but hopefully, this will give you an idea of what you might need to spend to get the type of boat you want.

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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!

Apply For Financing

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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Questionnaire

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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The Real Cost of Buying & Owning a 50-Foot Yacht

A 50-foot yacht can be difficult to maneuver, especially in tight spaces and harsh weather, so you need to invest in proper training for yourself and your crew. You may also need to apply for special permits and licenses to operate in certain areas. These factors can add up quickly to the overall costs, so if you are determined to own a 50-foot yacht, here's the real cost of buying and owning one.

The total estimated upfront costs of buying a 50-foot yacht range from $458,000 to $692,000 and include the initial purchase price and other fees. There are also hidden costs that total $70,000–$300,000+ per year. For ongoing costs, the total estimated annual costs are $35,000–$85,000 per year.

Although costly, with proper budgeting, maintenance, and strategic planning, you can manage the costs of owning a yacht and still enjoy the lifestyle that comes with it. Let's look at some practical tips to help you manage the costs of owning a 50-foot yacht.

• A high-end luxury yacht may cost significantly more than a basic production yacht with standard features and finishes.
• A new yacht with low engine hours and minimal wear and tear may command a higher price than an older yacht.
• Hiring a surveyor can help you save money in the long run by identifying any potential problems before you purchase the yacht.
• Fuel costs can add up quickly, since a 50-foot yacht with twin diesel engines uses almost 20–30 gallons of fuel per hour.
• Winter storage can protect your yacht from the elements, and it can also add up to the overall cost of owning a yacht.

On this page:

Cost of buying & owning a 50-foot yacht, upfront costs of buying a 50-foot yacht, hidden costs of owning a 50-foot yacht, ongoing costs of owning a 50-foot yacht, tips for managing the costs of owning a 50-foot yacht.

When buying a 50-foot yacht, there are several costs to consider, such as upfront costs, hidden costs, and ongoing costs per year. Here's a rundown on the all-in cost:

In this section, we will break down these costs into sub-sections to give you a better idea of what you can expect.

The purchase price of a 50-foot yacht varies depending on the model

Different models of yachts may have different features, amenities, and capabilities, which can affect their value and appeal to buyers . A high-end luxury yacht with state-of-the-art technology, custom finishes, and top-of-the-line appliances may cost significantly more than a basic production yacht with standard features and finishes.

Similarly, a newer yacht with low engine hours and minimal wear and tear may command a higher price than an older yacht with more use and maintenance requirements. Yachts located in popular boating destinations or areas with high demand may be priced higher than those in less desirable locations.

Here are some examples of different yacht models, their amenities, and estimated prices:

Sales tax and registration fees

When you purchase a yacht, you will need to pay sales tax and registration fees. In some states, you may be able to avoid paying sales tax if you purchase the yacht in a different state and keep it there.

In Florida, the sales tax rate is 6% , but there is a cap of $18,000 on the amount of tax you will pay. So if you purchase a yacht for $500,000, you will only pay $18,000 in sales tax.

On the other hand, registration fees are the fees you need to pay to register your yacht with the state where you plan to operate it. The fees are typically used to fund marine programs, such as boating safety education, law enforcement, and conservation efforts.

Some states charge a flat fee, while others charge based on the length of the yacht. In some cases, the registration fees may also be based on the age or value of the yacht. These fees are typically renewed annually, and failure to renew your registration can result in penalties or fines.

Registration fees in Florida for a yacht over 110 feet in length can be as high as $4,000 per year. However, for a yacht under 16 feet in length, the registration fee is only $5 per year.

Survey and inspection costs

A survey and inspection is essentially a thorough examination of the yacht by a professional surveyor. The surveyor will inspect the vessel from top to bottom, looking for any issues or potential problems that could affect the yacht's seaworthiness or value. This includes checking the hull, deck, rigging, electrical systems, plumbing, and more.

For smaller yachts, the cost may be a few hundred dollars, while larger and more complex yachts could cost several thousand dollars.

By identifying any potential problems before you purchase the yacht, you can negotiate with the seller or even decide not to purchase the yacht altogether. In the long run, this can save you money and help ensure that you're making a sound investment.

Insurance and financing costs

Insurance rates can vary widely, but you can expect to pay a premium for coverage. The higher the value of the yacht, the higher the insurance premium will be.

As for financing, the interest rates for yacht loans are typically higher than those for home or car loans. This is because yachts are considered luxury items and are often seen as a higher-risk investment. The interest rate you'll be offered will depend on your credit score, income, and the amount of the loan you're seeking.

Aside from the upfront costs, there are also hidden costs beyond the initial purchase price. Here are some hidden costs you should be aware of:

Environmental and regulatory compliance

Owning a yacht also comes with environmental and regulatory compliance costs. You may need to pay for permits to dock your yacht in certain areas, or you may need to invest in equipment to comply with environmental regulations. These costs can add up quickly and may not be immediately apparent when you're considering purchasing a yacht.

Crew and staffing costs

If you plan to use your yacht frequently, you'll likely need to hire a crew to help you maintain and operate it. Crew and staffing costs can include salaries, benefits, and insurance, and can be a significant expense over time. Additionally, you may need to pay for crew training and certification , which can add to the overall cost of owning a yacht.

If you're looking for paid courses for your crew, here are 9 best sailing courses you might want to check out.

Costs of upgrades and customizations

While a 50-foot yacht may come equipped with many standard features, you may want to add additional amenities or customize the interior to your liking. These upgrades can be expensive and may not be covered by your initial purchase price.

Upgrades and customizations can range from relatively minor changes such as adding a new sound system or upgrading the navigation equipment, to more extensive modifications such as adding a new deck or completely redesigning the interior of the yacht. The cost of these upgrades will be based on the extent of the modifications and the materials and labor involved.

In this section, we will discuss the ongoing costs of owning a 50-foot yacht.

Maintenance and repair costs

Regular maintenance helps keep your yacht in good condition and prevents costly repairs. Some common maintenance and repair costs include:

• Engine maintenance
• Hull cleaning and painting
• Electrical and plumbing repairs
• Sail and rigging repairs: ( Here's an article on the cost of replacing a standing rigging )
• Interior and exterior cleaning

Docking and storage fees

Some common docking and storage fees include:

• Monthly slip rental fees: These fees cover the cost of renting a slip at a marina or dock for your yacht to be moored. Slip rental fees can range from a few hundred to several thousand dollars per month.
• Winter storage fees: During the off-season, many yacht owners choose to store their vessels on land to protect them from the elements. The cost of winter storage can range from a few hundred to several thousand dollars per season.
• Launch and haul-out fees: These fees cover the cost of launching your yacht into the water and hauling it out for maintenance or storage, and vary based on the location and the size of your yacht.
• Electricity and water fees: Many marinas charge additional fees for the use of electricity and water while your yacht is in the slip.

Fuel and operating costs

A 50-foot yacht typically has twin engines, which can be either gasoline or diesel. Diesel engines are generally more fuel-efficient and have a longer lifespan than gasoline engines, but they are also more expensive to purchase and maintain.

On average, a 50-foot yacht with twin diesel engines will use about 20-30 gallons of fuel per hour, while a gasoline-powered yacht will use about 40-50 gallons per hour.

Routine maintenance such as oil changes, filter replacements, and hull cleaning is part of the overall operating costs and will cost several thousand dollars per year. More significant repairs or upgrades, such as engine overhauls or electronics replacements, can cost tens of thousands of dollars.

Costs for insurance and maintenance reserves

Insurance can protect you from liability and damage to your yacht, while maintenance reserves can help cover unexpected repairs. Some common insurance and maintenance reserve costs include:

• Liability insurance
• Hull and machinery insurance
• Personal property insurance
• Emergency repairs and reserves

Here are some tips to help you manage the costs of owning a 50-foot yacht:

Create a budget and stick to it

Your budget should include all of the costs associated with owning and maintaining your yacht, including mooring fees, insurance, fuel, maintenance, and repairs. Try to plan for unexpected costs, such as emergency repairs or unexpected upgrades.

You should also plan ahead for seasonal expenses, such as winterizing your yacht when the boating season is over . By creating a budget and planning ahead, you can avoid surprises and ensure that you have the funds necessary to keep your yacht in top condition.

Do the basic maintenance and repairs by yourself

While there are some tasks that require a professional, such as engine repairs or electrical work, there are many things you can do yourself with a little knowledge and the right tools.

By doing your own maintenance and repairs, you can save money on labor costs and ensure that your yacht is always in top condition. You can also take pride in knowing that you are taking care of your investment and keeping it in great shape.

Consider sharing and chartering options

If you don't use your yacht all the time, you may want to consider sharing or chartering options as a way to offset the costs of ownership. Sharing your yacht with friends or family members can help split the costs of maintenance and repairs while chartering your yacht to others can help generate income.

There are many websites and companies that specialize in yacht sharing and chartering where you can find an option that works best for you. Just be sure to carefully vet anyone who will be using your yacht to ensure that they are responsible and will take good care of your investment.

Learn some selling and trading strategies

If you find that the costs of owning a 50-foot yacht are too high or you are ready to move on to something else, you may want to consider selling or trading your yacht. There are many strategies you can use to get the best price for your yacht, including working with a broker, advertising online, or attending boat shows.

If you are interested in trading your yacht for something else, perhaps carefully consider your options and work with a reputable dealer. By using these strategies, you can ensure that you get the best value for your investment and can move on to your next adventure with confidence.

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