True Cost of Maintenance?

virginia boy · 02-07-2009, 13:02

My wife and I are trying to figure out the true cost of maintaining a sailboat. I have spent perhaps 50 hrs learning all I can with the ultimate goal of living aboard here in the Wash DC area. I recieve roughly $30,000 tax free anually from the veterans administration and have 20,000 saved. So I reckon we should look for a 30-34 LOA? fiberglass boat, built in the 60s or 70s, in the 15k or less range.
Assuming my boat is in good shape, and I am capable of doing most labor intensive work, what would be a reasonable amount to set aside for maintainance? i've heard anywhere a couple thousand to 6 to 8 thousand dollars. Can I even afford to keep a boat?

02-07-2009, 13:02	#1
virginia boy Registered User Join Date: Jul 2009 Location: alexandria va Posts: 59	True Cost of Maintenance? My wife and I are trying to figure out the true cost of maintaining a sailboat. I have spent perhaps 50 hrs learning all I can with the ultimate goal of living aboard here in the Wash DC area. I recieve roughly $30,000 tax free anually from the veterans administration and have 20,000 saved. So I reckon we should look for a 30-34 LOA? fiberglass boat, built in the 60s or 70s, in the 15k or less range. Assuming my boat is in good shape, and I am capable of doing most labor intensive work, what would be a reasonable amount to set aside for maintainance? i've heard anywhere a couple thousand to 6 to 8 thousand dollars. Can I even afford to keep a boat?

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